Press coverage about DXC Technology (NYSE:DXC) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. DXC Technology earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.2075341482986 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
A number of equities research analysts recently issued reports on DXC shares. Morgan Stanley reiterated an “overweight” rating and issued a $104.00 price objective (up from $86.00) on shares of DXC Technology in a report on Wednesday, October 18th. They noted that the move was a valuation call. SunTrust Banks upped their price target on shares of DXC Technology to $100.00 and gave the company a “hold” rating in a report on Monday, November 13th. Deutsche Bank increased their price target on shares of DXC Technology from $90.00 to $100.00 and gave the stock a “hold” rating in a research report on Friday, February 9th. Royal Bank of Canada upped their price objective on shares of DXC Technology from $87.00 to $99.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 8th. Finally, Stifel Nicolaus upped their price objective on shares of DXC Technology from $86.00 to $100.00 and gave the stock a “hold” rating in a research note on Wednesday, November 8th. Four investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $103.33.
Shares of DXC Technology (NYSE DXC) traded up $0.85 during trading hours on Wednesday, hitting $98.09. 1,032,476 shares of the company were exchanged, compared to its average volume of 1,640,910. The company has a current ratio of 0.99, a quick ratio of 1.00 and a debt-to-equity ratio of 0.48. DXC Technology has a fifty-two week low of $67.76 and a fifty-two week high of $102.95. The firm has a market capitalization of $27,780.00 and a price-to-earnings ratio of 32.12.
DXC Technology (NYSE:DXC) last issued its quarterly earnings results on Thursday, February 8th. The company reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.99 by $0.16. DXC Technology had a net margin of 5.18% and a return on equity of 17.97%. The firm had revenue of $6.19 billion for the quarter, compared to analyst estimates of $6.19 billion. DXC Technology’s revenue was up 222.7% compared to the same quarter last year. equities analysts predict that DXC Technology will post 7.83 earnings per share for the current year.
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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 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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