Stock Scrambling Higher Mid-Afternoon: DXC Technology Company(:DXC)

Lloyd Doyle
November 9, 2017

DXC Technology Company (NYSE:DXC)'s Leverage Ratio was recently noted as 0.371921.

DXC Technology Company (NYSE:DXC) has a current ERP5 Rank of 9283. The day began at US$5.97 but the price moved to US$5.95 at one point during the trading and finally capitulating to a session high of US$6.07. A 12 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:DXC) or, if they already own its stock, sell it.

DXC Technology Company (NYSE:DXC) has a market cap of $26.26 billion and over the last 12 months, DXC has risen by 60.7%. DXC Technology Company. now has a consensus rating of Buy and an average target price of $97.88. During the last 52 weeks, the price has been as high as $93.4 and as low as $56.1. Royal Bank Of Canada boosted their price target on DXC Technology Company. from $87.00 to $99.00 and gave the stock an outperform rating in a research report on Wednesday.

Institutional investors have also been busy with the stock. The company's net profit margin has achieved the current level of 0.5 percent and possesses 23.1 percent gross margin.


The company also recently announced a quarterly dividend, which was paid on Wednesday, October 11th. Earnings, adjusted for restructuring costs and amortization costs, were $1.93 per share. The ERP5 of DXC Technology Company (NYSE:DXC) is 9283. If you are accessing this report on another website, it was illegally copied and reposted in violation of United States & global copyright and trademark law. Investors of record on Wednesday, September 6th were issued a $0.18 dividend. This represents a change from the opening price of 0.90%. The legal version of this news story can be accessed at https://weekherald.com/2017/11/08/dxc-technology-company-dxc-given-hold-rating-at-cantor-fitzgerald.html. The ex-dividend date of this dividend was Friday, September 1st. DXC Technology Company.'s dividend payout ratio (DPR) is presently -378.95%. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The disposition, at a price of $92, resulted in Michael Nefkens bringing total 34 shares. DXC Technology Company has a strategic partnership with HCL Technologies to create an applications modernization delivery network.

In related news, CFO Paul N. Saleh sold 80,922 shares of the firm's stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $84.01, for a total transaction of $6,798,257.22. The disclosure for this sale can be found here. Institutional investors and hedge funds own 85.82% of the company's stock. DXC comes in with a P/S ratio of 2.27 that's greater than 1, potentially implying that it could be expensive relative to the overall sector (2.88) and its peers (4.27). Cribstone Capital Management LLC raised its holdings in shares of DXC Technology Company.by 4.7% in the 2nd quarter. For the quarter, shares are performing at 11.51%. That transaction by Vanguard took place on June 30, 2017, the same day Blackrock Inc. purchased an additional 8.17 million shares in DXC to bring its total stake to 17.83 million. Finally, State Street Corp acquired a new stake in shares of DXC Technology Company. during the 2nd quarter valued at about $898,855,000.

DXC Technology Co. provides technology consulting, outsourcing and support services. It operates through two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS).

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