Market Resilience: DXC Technology Co (DXC) Finishes Weak at 20.23, Down -3.57

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DXC Technology Co (NYSE: DXC) closed the day trading at $20.23 down -3.57% from the previous closing price of $20.98. In other words, the price has decreased by -$3.57 from its previous closing price. On the day, 0.87 million shares were traded. DXC stock price reached its highest trading level at $21.115 during the session, while it also had its lowest trading level at $20.23.

Ratios:

For a better understanding of DXC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 1.70 whereas as Long-Term Debt/Eq ratio is at 1.47.

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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 13 ’24 when Voci Christopher Anthony sold 2,500 shares for $21.37 per share. The transaction valued at 53,425 led to the insider holds 83,746 shares of the business.

Voci Christopher Anthony bought 2,500 shares of DXC for $53,425 on Sep 13 ’24. On Aug 12 ’24, another insider, Finch Mary E, who serves as the EVP, Chief People Officer of the company, sold 31,047 shares for $19.36 each. As a result, the insider received 600,915 and left with 325,665 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DXC now has a Market Capitalization of 3657846784 and an Enterprise Value of 7435851776. As of this moment, DXC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 59.87, and their Forward P/E ratio for the next fiscal year is 6.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 0.553 whereas that against EBITDA is 5.342.

Stock Price History:

Over the past 52 weeks, DXC has reached a high of $25.14, while it has fallen to a 52-week low of $14.78. The 50-Day Moving Average of the stock is 0.76%, while the 200-Day Moving Average is calculated to be -0.98%.

Shares Statistics:

Over the past 3-months, DXC traded about 1.42M shares per day on average, while over the past 10 days, DXC traded about 1757550 shares per day. A total of 178.84M shares are outstanding, with a floating share count of 178.49M. Insiders hold about 1.29% of the company’s shares, while institutions hold 97.50% stake in the company. Shares short for DXC as of 1724976000 were 13632757 with a Short Ratio of 9.59, compared to 1722384000 on 14111074. Therefore, it implies a Short% of Shares Outstanding of 13632757 and a Short% of Float of 10.5100006.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 1.62.

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