DXC Technology (DXC) Receives Coverage Optimism Score of 0.07
News coverage about DXC Technology (NYSE:DXC) has trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. DXC Technology earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media stories about the company an impact score of 47.0832993003845 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
- Here's Why You Should Add DXC Technology to Your Portfolio (finance.yahoo.com)
- DXC Technology to Report Third Quarter 2018 Results on Thursday, February 8, 2018 (finance.yahoo.com)
- SnapCheck and CeleritiFinTech Partner to Arm Financial Institutions with Innovative Technology to Compete and Win in the Digital Space (pr.com)
- Zacks: Analysts Anticipate DXC Technology (DXC) Will Post Quarterly Sales of $6.23 Billion (americanbankingnews.com)
- Louisiana’s quest for technology talent (businessreport.com)
A number of research firms have issued reports on DXC. Citigroup reiterated a “buy” rating and issued a $117.00 target price (up previously from $107.00) on shares of DXC Technology in a research report on Thursday. KeyCorp increased their target price on shares of DXC Technology from $107.00 to $116.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 9th. Cantor Fitzgerald increased their target price on shares of DXC Technology from $79.00 to $87.00 and gave the stock a “neutral” rating in a research report on Friday, October 13th. Cowen reiterated a “hold” rating and issued a $85.00 target price on shares of DXC Technology in a research report on Thursday, October 12th. Finally, Zacks Investment Research upgraded shares of DXC Technology from a “hold” rating to a “buy” rating and set a $99.00 target price for the company in a research report on Tuesday, October 10th. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. DXC Technology currently has an average rating of “Buy” and a consensus target price of $102.12.
Shares of DXC Technology (DXC) traded down $0.13 on Thursday, hitting $100.48. 1,530,000 shares of the stock traded hands, compared to its average volume of 1,390,000. DXC Technology has a 52 week low of $64.06 and a 52 week high of $102.95. The firm has a market cap of $28,700.00 and a price-to-earnings ratio of 170.53. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.51.
DXC Technology (NYSE:DXC) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $1.93 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.53 by $0.40. DXC Technology had a net margin of 1.88% and a return on equity of 17.83%. The company had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.07 billion. The business’s revenue for the quarter was up 229.4% on a year-over-year basis. research analysts anticipate that DXC Technology will post 7.52 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 16th. Stockholders of record on Wednesday, December 6th were paid a dividend of $0.18 per share. The ex-dividend date was Tuesday, December 5th. This represents a $0.72 annualized dividend and a dividend yield of 0.72%.
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About DXC Technology
DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers technology solutions comprising consulting, applications services, and software.
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