In the latest session, DXC Technology Co (NYSE: DXC) closed at $20.38 up 0.89% from its previous closing price of $20.20. In other words, the price has increased by $+0.18 from its previous closing price. On the day, 2540129 shares were traded. DXC stock price reached its highest trading level at $20.55 during the session, while it also had its lowest trading level at $20.14.
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 2.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.87. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 1.73 whereas as Long-Term Debt/Eq ratio is at 1.42.
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 the company, JP Morgan on January 24, 2024, Downgraded its rating to Underweight and sets its target price to $24 from $27 previously.
On January 17, 2024, Citigroup Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $24 to $21.
Wolfe Research Downgraded its Peer Perform to Underperform on October 17, 2023, while the target price for the stock was maintained at $22.
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 Mar 01 ’24 when DECKELMAN WILLIAM L JR sold 18,102 shares for $21.88 per share. The transaction valued at 396,072 led to the insider holds 106,704 shares of the business.
DECKELMAN WILLIAM L JR sold 18,102 shares of DXC for $393,356 on Feb 29 ’24. The EVP & General Counsel now owns 124,806 shares after completing the transaction at $21.73 per share. On Aug 24 ’23, another insider, DECKELMAN WILLIAM L JR, who serves as the EVP & General Counsel of the company, sold 75,000 shares for $20.72 each. As a result, the insider received 1,554,195 and left with 142,908 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 3.73B and an Enterprise Value of 7.41B. 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 1.21. Its current Enterprise Value per Revenue stands at 0.53 whereas that against EBITDA is 7.43.
Stock Price History:
Over the past 52 weeks, DXC has reached a high of $29.09, while it has fallen to a 52-week low of $18.61. The 50-Day Moving Average of the stock is 22.28, while the 200-Day Moving Average is calculated to be 23.00.
Shares Statistics:
For the past three months, DXC has traded an average of 2.92M shares per day and 3.42M over the past ten days. A total of 214.72M shares are outstanding, with a floating share count of 180.56M. Insiders hold about 1.26% of the company’s shares, while institutions hold 97.76% stake in the company. Shares short for DXC as of Feb 15, 2024 were 13.42M with a Short Ratio of 4.60, compared to 8.49M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.34% and a Short% of Float of 8.67%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.62.
Earnings Estimates
There are 11 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.83 for the current quarter, with a high estimate of $0.84 and a low estimate of $0.81, while EPS last year was $1.02. The consensus estimate for the next quarter is $0.77, with high estimates of $0.86 and low estimates of $0.68.
Analysts are recommending an EPS of between $3.06 and $3 for the fiscal current year, implying an average EPS of $3.02. EPS for the following year is $3.55, with 11 analysts recommending between $4 and $3.32.
Revenue Estimates
A total of 10 analysts believe the company’s revenue will be $3.37B this quarter.It ranges from a high estimate of $3.38B to a low estimate of $3.35B. As of the current estimate, DXC Technology Co’s year-ago sales were $3.59B, an estimated decrease of -6.10% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $3.32B, a decrease of -6.80% less than the figure of -$6.10% in the same quarter last year. There is a high estimate of $3.38B for the next quarter, whereas the lowest estimate is $3.19B.
A total of 12 analysts have provided revenue estimates for DXC’s current fiscal year. The highest revenue estimate was $13.66B, while the lowest revenue estimate was $13.63B, resulting in an average revenue estimate of $13.65B. In the same quarter a year ago, actual revenue was $14.43B, down -5.40% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $13.22B in the next fiscal year. The high estimate is $13.47B and the low estimate is $12.63B. The average revenue growth estimate for next year is down -3.20% from the average revenue estimate for this year.
