Does DXC Technology Co (NYSE:DXC) presents a BIG investment opportunity?

Stocks of DXC Technology Co (NYSE:DXC) traded higher last session on Wall Street, unchanged to $21.80.

According to the data, DXC Technology Co (NYSE:DXC) has 14 analysts covering its stock. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $32.70 and a low of $21.00, we find $23.00. Given the previous closing price of $21.80, this indicates a potential upside of 5.5 percent. DXC stock price is now 4.69% away from the 50-day moving average and -10.09% away from the 200-day moving average. The market capitalization of the company currently stands at $4.22B.

A total of 11 analysts have issued a hold rating and 1 have given it a buy rating. Brokers who have rated the stock have averaged $23.81 as their price target over the next twelve months.

With the price target maintained at $22, Wolfe Research recently Downgraded its rating from Peer Perform to Underperform for DXC Technology Co (NYSE: DXC).

In other news, DECKELMAN WILLIAM L JR, EVP & General Counsel sold 75,000 shares of the company’s stock on Aug 24. The stock was sold for $1,554,195 at an average price of $20.72. Upon completion of the transaction, the EVP & General Counsel now directly owns 142,908 shares in the company, valued at $3.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 09, EVP & General Counsel DECKELMAN WILLIAM L JR sold 33,331 shares of the business’s stock. A total of $968,282 was realized by selling the stock at an average price of $29.05. This leaves the insider owning 157,128 shares of the company worth $3.43 million. Insiders disposed of 791,384 shares of company stock worth roughly $17.25 million over the past 1 year. A total of 1.17% of the company’s stock is owned by insiders.

Wednesday’s opening bell rang with an opening price of $21.81 for DXC Technology Co (NYSE: DXC). During the past 12 months, DXC Technology Co has had a low of $18.61 and a high of $30.27. As of last week, the company has a debt-to-equity ratio of 1.69, a current ratio of 1.13, and a quick ratio of 1.13. The fifty day moving average price for DXC is $20.82 and a two-hundred day moving average price translates $24.25 for the stock.

The latest earnings results from DXC Technology Co (NYSE: DXC) was released for Sep, 2023. According to the Information Technology Services Company, earnings per share came in at $0.63, missing analysts’ expectations of $0.82 by -0.19. This compares to $0.12 EPS in the same period last year. The net profit margin was -4.00% and return on equity was -14.48% for DXC. The company reported revenue of $3.44 billion for the quarter, compared to $3.57 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.65 percent. For the current quarter, analysts expect DXC to generate $3.44B in revenue.

DXC Technology Co(DXC) Company Profile

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in the United States, the United Kingdom, rest of Europe, Australia, and internationally. It operates in two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers a portfolio of analytics services and extensive partner ecosystem that help its customers to gain rapid insights, automate operations, and accelerate their transformation journeys; and software engineering, consulting, and data analytics solutions that enable businesses to run and manage their mission-critical functions, transform their operations, and develop new ways of doing business. It also simplifies, modernize, and accelerate mission-critical applications that support business agility and growth through applications services. In addition, this segment provides proprietary modular insurance software and platforms; and operates spectrum of insurance business process services, as well as operates bank cards, payment and lending process, and customer experiences. The GIS segment provides security services, such as IT security, operations and culture for the cloud, protecting data with a zero-trust strategy, and manage a security operation center; and cloud infrastructure and IT outsourcing services. It also delivers a consumer-like experience, centralize IT management, and support services, as well as improve the total cost of ownership. In addition, it markets and sells its products through direct sales force to commercial businesses and public sector enterprises. DXC Technology Company was founded in 1959 and is headquartered in Ashburn, Virginia.

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