DXC Technology (DXC) Scheduled to Post Earnings on Thursday

DXC Technology (NYSE:DXC) is set to post its quarterly earnings results after the market closes on Thursday, May 24th. Analysts expect DXC Technology to post earnings of $2.20 per share for the quarter.

DXC Technology opened at $100.97 on Tuesday, MarketBeat reports. DXC Technology has a twelve month low of $73.51 and a twelve month high of $107.85. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a market cap of $28.63 billion, a PE ratio of 32.57, a price-to-earnings-growth ratio of 1.05 and a beta of 0.94.

Several equities analysts have recently weighed in on the stock. KeyCorp restated an “overweight” rating and set a $122.00 price objective (up previously from $116.00) on shares of DXC Technology in a research report on Monday. ValuEngine upgraded shares of DXC Technology from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 10th. Berenberg Bank started coverage on shares of DXC Technology in a report on Wednesday, April 18th. They issued a “hold” rating and a $100.00 target price for the company. BMO Capital Markets reiterated a “buy” rating on shares of DXC Technology in a report on Friday, February 23rd. Finally, JPMorgan Chase raised their target price on shares of DXC Technology to $114.00 and gave the stock an “overweight” rating in a report on Thursday, April 5th. Five analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. DXC Technology has an average rating of “Buy” and a consensus price target of $106.06.

In related news, insider John M. Lawrie sold 9,900 shares of the firm’s stock in a transaction that occurred on Wednesday, April 11th. The shares were sold at an average price of $102.35, for a total transaction of $1,013,265.00. Following the completion of the sale, the insider now directly owns 638,610 shares in the company, valued at $65,361,733.50. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP William L. Deckelman, Jr. sold 2,886 shares of the firm’s stock in a transaction that occurred on Wednesday, May 16th. The stock was sold at an average price of $100.94, for a total transaction of $291,312.84. Following the sale, the executive vice president now owns 13,082 shares of the company’s stock, valued at $1,320,497.08. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 22,886 shares of company stock valued at $2,343,380. 1.30% of the stock is currently owned by corporate insiders.

DXC Technology Company Profile

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through three segments: Global Business Services (GBS), Global Infrastructure Services (GIS), and United States Public Sector (USPS).

Earnings History for DXC Technology (NYSE:DXC)

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