DXC Technology Co (NYSE:DXC) shares traded -0.73% lower at $20.48 on Wall Street last session.
DXC stock price is now -3.50% away from the 50-day moving average and 2.75% away from the 200-day moving average. The market capitalization of the company currently stands at $3.71B.
With the price target of $22, Guggenheim recently initiated with Neutral rating for DXC Technology Co (NYSE: DXC). On January 24, 2024, JP Morgan Downgraded its previous ‘Neutral’ rating to ‘Underweight’ on the stock reducing its target price from $27 to quote $24, while ‘Citigroup’ rates the stock as ‘Sell’
In other news, Finch Mary E, EVP, Chief People Officer sold 12,885 shares of the company’s stock on Nov 12 ’24. The stock was sold for $295,066 at an average price of $22.90. Upon completion of the transaction, the EVP, Chief People Officer now directly owns 312,780 shares in the company, valued at $6.41 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 14 ’24, Managing Director, GIS Drumgoole Christopher sold 23,500 shares of the business’s stock. A total of $519,350 was realized by selling the stock at an average price of $22.10. This leaves the insider owning 323,352 shares of the company worth $6.62 million. A total of 1.66% of the company’s stock is owned by insiders.
During the past 12 months, DXC Technology Co has had a low of $14.78 and a high of $24.83. As of last week, the company has a debt-to-equity ratio of 1.58, a current ratio of 1.25, and a quick ratio of 1.25. According to the stock market information, the enterprise value for the company is $7438381568, which is based on a 260.23 price-to-earnings ratio, a 53.64 price-to-earnings-growth ratio, and a beta of 1.66. The fifty day moving average price for DXC is $21.2228 and a two-hundred day moving average price translates $19.9328 for the stock.
The latest earnings results from DXC Technology Co (NYSE: DXC) was released for 2024-09-30. The net profit margin was 0.18% and return on equity was 0.78% for DXC. The company reported revenue of $3.24 billion for the quarter, compared to $3.44 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.68 percent. For the current quarter, analysts expect DXC to generate $3.26B in revenue.
