DXC Technologies (NYSE:DXC – Get Rating) – Study analysts at Zacks Study reduce their Q1 2024 earnings per share (EPS) estimates for DXC Technologies in a report released on Thursday, June 1st. Zacks Study analyst A. Bhagat now expects that the firm will post earnings of $.84 per share for the quarter, down from their prior estimate of $.93. The consensus estimate for DXC Technology’s present complete-year earnings is $three.84 per share. Zacks Study also issued estimates for DXC Technology’s Q2 2024 earnings at $.91 EPS, Q3 2024 earnings at $.99 EPS, Q4 2024 earnings at $1.06 EPS, FY2024 earnings at $three.80 EPS, Q1 2025 earnings at $.99 EPS, Q2 2025 earnings at $1.00 EPS, Q3 2025 earnings at $1.05 EPS, Q4 2025 earnings at $1.05 EPS, FY2025 earnings at $four.09 EPS and FY2026 earnings at $four.33 EPS.
DXC has been the topic of a quantity of other reports. Royal Bank of Canada reduce their cost target on DXC Technologies from $38.00 to $34.00 in a report on Friday, Might 19th. BMO Capital Markets dropped their target cost on DXC Technologies from $33.00 to $27.00 in a investigation note on Friday, Might 19th. Deutsche Bank Aktiengesellschaft dropped their target cost on DXC Technologies from $48.00 to $35.00 and set a “purchase” rating for the firm in a investigation note on Thursday, February 2nd. TheStreet lowered DXC Technologies from a “b-” rating to a “c-” rating in a investigation note on Thursday, Might 18th. Lastly, Morgan Stanley dropped their target cost on DXC Technologies from $27.00 to $25.00 in a investigation note on Friday, Might 19th. 1 equities investigation analyst has rated the stock with a sell rating, 4 have assigned a hold rating and 5 have issued a purchase rating to the company’s stock. Primarily based on information from MarketBeat.com, DXC Technologies presently has an typical rating of “Hold” and a consensus target cost of $31.75.
DXC Technologies Price tag Functionality
NYSE DXC opened at $24.79 on Friday. DXC Technologies has a fifty-two week low of $22.11 and a fifty-two week higher of $36.00. The enterprise has a fifty day moving typical of $24.21 and a 200-day moving typical of $26.44. The firm has a debt-to-equity ratio of 1.02, a present ratio of 1.18 and a speedy ratio of 1.18.
DXC Technologies (NYSE:DXC – Get Rating) final released its quarterly earnings benefits on Thursday, Might 18th. The firm reported $1.02 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.02. DXC Technologies had a constructive return on equity of 17.23% and a unfavorable net margin of three.94%. The firm had income of $three.59 billion in the course of the quarter, compared to analysts’ expectations of $three.62 billion. In the course of the similar period in the prior year, the firm posted $.84 earnings per share. The business’s income for the quarter was down ten.four% compared to the similar quarter final year.
Institutional Investors Weigh In On DXC Technologies
Quite a few institutional investors and hedge funds have lately modified their holdings of the stock. ProShare Advisors LLC boosted its position in shares of DXC Technologies by 9.five% in the 1st quarter. ProShare Advisors LLC now owns 89,249 shares of the company’s stock worth $two,281,000 following getting an extra 7,750 shares in the course of the period. Toroso Investments LLC boosted its holdings in DXC Technologies by 25.two% in the 1st quarter. Toroso Investments LLC now owns 16,086 shares of the company’s stock valued at $411,000 following getting an extra three,236 shares in the course of the final quarter. Ameriprise Monetary Inc. boosted its holdings in DXC Technologies by 19.7% in the 1st quarter. Ameriprise Monetary Inc. now owns three,201,164 shares of the company’s stock valued at $81,822,000 following getting an extra 527,177 shares in the course of the final quarter. JPMorgan Chase & Co. boosted its holdings in DXC Technologies by 24.% in the 1st quarter. JPMorgan Chase & Co. now owns 419,619 shares of the company’s stock valued at $ten,726,000 following getting an extra 81,142 shares in the course of the final quarter. Lastly, IMA Wealth Inc. boosted its holdings in DXC Technologies by two.% in the 1st quarter. IMA Wealth Inc. now owns 74,814 shares of the company’s stock valued at $1,912,000 following getting an extra 1,449 shares in the course of the final quarter. Hedge funds and other institutional investors personal 89.19% of the company’s stock.
About DXC Technologies
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DXC Technologies Co offers technologies consulting, outsourcing and help solutions. It operates by way of the following segments: International Organization Solutions (GBS) and International Infrastructure Solutions (GIS). The GBS segment offers technologies options that assistance clientele address challenges and accelerate the digital transformations that are tailored to each and every client’s particular objectives.
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