Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, DXC Technology Co (NYSE: DXC) closed at $18.55 down -3.94% from its previous closing price of $19.31. In other words, the price has decreased by -$3.94 from its previous closing price. On the day, 1.31 million shares were traded.
Ratios:
For a deeper understanding of DXC Technology Co’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 1.51 whereas as Long-Term Debt/Eq ratio is at 1.36.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Guggenheim on March 19, 2024, initiated with a Neutral rating and assigned the stock a target price of $22.
On January 24, 2024, JP Morgan Downgraded its rating to Underweight which previously was Neutral and also lowered its target price recommendation from $27 to $24.
Citigroup Downgraded its Neutral to Sell on January 17, 2024, whereas the target price for the stock was revised from $24 to $21.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 12 ’24 when Finch Mary E sold 12,885 shares for $22.90 per share. The transaction valued at 295,066 led to the insider holds 312,780 shares of the business.
Drumgoole Christopher sold 23,500 shares of DXC for $519,350 on Nov 14 ’24. The Managing Director, GIS now owns 323,352 shares after completing the transaction at $22.10 per share. On Nov 14 ’24, another insider, Drumgoole Christopher, who serves as the Officer of the company, bought 23,500 shares for $22.03 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 1.12.
Stock Price History:
Over the past 52 weeks, DXC has reached a high of $24.83, while it has fallen to a 52-week low of $14.78. The 50-Day Moving Average of the stock is -10.47%, while the 200-Day Moving Average is calculated to be -7.28%.
Shares Statistics:
A total of 181.04M shares are outstanding, with a floating share count of 178.08M. Insiders hold about 1.64% of the company’s shares, while institutions hold 92.46% stake in the company.
