News coverage about DXC Technology (NYSE:DXC) has trended somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. DXC Technology earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.7785472332189 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the headlines that may have impacted Accern Sentiment’s analysis:
A number of brokerages have issued reports on DXC. Morgan Stanley upped their target price on DXC Technology from $104.00 to $114.00 and gave the stock an “overweight” rating in a research report on Monday, February 5th. Zacks Investment Research cut DXC Technology from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. ValuEngine cut DXC Technology from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, April 3rd. JPMorgan Chase upped their target price on DXC Technology to $114.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Cowen reaffirmed a “hold” rating and set a $96.00 target price on shares of DXC Technology in a research report on Wednesday, January 3rd. Four investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $104.67.
Shares of DXC traded up $0.28 during mid-day trading on Monday, hitting $100.04. The company’s stock had a trading volume of 1,839,175 shares, compared to its average volume of 1,764,444. DXC Technology has a one year low of $73.51 and a one year high of $107.85. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $28,500.22, a price-to-earnings ratio of 32.27, a P/E/G ratio of 1.05 and a beta of 0.92.
DXC Technology (NYSE:DXC) last posted its quarterly earnings data on Thursday, February 8th. The company reported $2.15 earnings per share for the quarter, beating the consensus estimate of $1.99 by $0.16. DXC Technology had a return on equity of 17.97% and a net margin of 5.18%. The company had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $6.19 billion. DXC Technology’s quarterly revenue was up 222.7% compared to the same quarter last year. equities analysts predict that DXC Technology will post 7.86 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 17th. Stockholders of record on Wednesday, March 28th will be given a $0.18 dividend. The ex-dividend date is Tuesday, March 27th. This represents a $0.72 annualized dividend and a dividend yield of 0.72%. DXC Technology’s dividend payout ratio is 23.23%.
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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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