DXC Technology (NYSE:DXC) Updates FY 2027 Earnings Guidance

DXC Technology (NYSE:DXC) issued an update on its FY 2027 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 2.400-2.900 for the period, compared to the consensus earnings per share estimate of 2.610. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of research analysts have commented on the company. BMO Capital Markets decreased their price objective on DXC Technology from $17.00 to $10.00 and set a “market perform” rating on the stock in a research report on Monday, May 11th. Weiss Ratings downgraded DXC Technology from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 11th. Stifel Nicolaus set a $12.00 price target on DXC Technology in a report on Friday, May 8th. Morgan Stanley lowered their price objective on DXC Technology from $15.00 to $9.00 and set an “equal weight” rating for the company in a research report on Thursday, May 14th. Finally, TD Cowen dropped their price objective on DXC Technology from $15.00 to $14.00 and set a “hold” rating for the company in a report on Monday, April 6th. Six equities research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $12.75.

DXC Technology Price Performance

DXC opened at $8.22 on Friday. The company has a fifty day moving average price of $9.98 and a two-hundred day moving average price of $12.37. The firm has a market capitalization of $1.34 billion, a PE ratio of 137.02 and a beta of 0.81. DXC Technology has a 52 week low of $7.90 and a 52 week high of $16.45. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.36 and a current ratio of 1.36.

DXC Technology (NYSE:DXC) last posted its quarterly earnings results on Friday, May 8th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.07. DXC Technology had a return on equity of 17.24% and a net margin of 0.14%.The company had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.17 billion. During the same quarter in the prior year, the business posted $0.84 EPS. The firm’s quarterly revenue was down 1.2% on a year-over-year basis. As a group, analysts anticipate that DXC Technology will post 2.64 earnings per share for the current year.

Insider Transactions at DXC Technology

In related news, CEO Raul J. Fernandez bought 28,051 shares of DXC Technology stock in a transaction on Monday, May 11th. The shares were purchased at an average price of $8.90 per share, for a total transaction of $249,653.90. Following the completion of the acquisition, the chief executive officer owned 844,052 shares in the company, valued at approximately $7,512,062.80. This represents a 3.44% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.13% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. FIL Ltd increased its stake in DXC Technology by 0.7% in the fourth quarter. FIL Ltd now owns 6,383,750 shares of the company’s stock valued at $93,522,000 after purchasing an additional 45,015 shares in the last quarter. State Street Corp lifted its holdings in shares of DXC Technology by 2.1% in the second quarter. State Street Corp now owns 6,381,982 shares of the company’s stock valued at $97,581,000 after purchasing an additional 128,916 shares in the last quarter. AQR Capital Management LLC lifted its stake in DXC Technology by 6.4% in the 4th quarter. AQR Capital Management LLC now owns 4,750,808 shares of the company’s stock valued at $69,599,000 after acquiring an additional 287,441 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in DXC Technology by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,547,205 shares of the company’s stock worth $37,317,000 after purchasing an additional 98,479 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of DXC Technology by 11.6% during the 4th quarter. First Trust Advisors LP now owns 2,160,552 shares of the company’s stock worth $31,652,000 after buying an additional 225,181 shares during the last quarter. Institutional investors and hedge funds own 96.20% of the company’s stock.

DXC Technology Company Profile

DXC Technology, headquartered in Tysons Corner, Virginia, is a global leader in IT services and solutions. The company was formed in 2017 through the merger of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise, combining decades of experience in consulting, systems integration and managed services. Since its inception, DXC has focused on helping clients modernize IT environments and drive digital transformation across their organizations.

DXC Technology’s core service offerings encompass cloud and platform services, applications and analytics, security, and workplace and mobility solutions.