DXC Technology (NYSE:DXC – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 3.000-3.250 for the period, compared to the consensus earnings per share estimate of 2.870. The company issued revenue guidance of $12.9 billion-$13.1 billion, compared to the consensus revenue estimate of $12.9 billion. DXC Technology also updated its FY25 guidance to $3.00-3.25 EPS.
Wall Street Analyst Weigh In
A number of research firms have weighed in on DXC. JPMorgan Chase & Co. upped their target price on DXC Technology from $19.00 to $22.00 and gave the stock an “underweight” rating in a report on Friday, September 6th. BMO Capital Markets upped their price objective on DXC Technology from $17.50 to $22.00 and gave the stock a “market perform” rating in a research note on Friday, August 9th. Royal Bank of Canada lifted their target price on DXC Technology from $18.00 to $20.00 and gave the company a “sector perform” rating in a research note on Friday, August 9th. Finally, Susquehanna increased their price target on shares of DXC Technology from $19.00 to $23.00 and gave the company a “neutral” rating in a research report on Friday. Two investment analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $20.56.
Get Our Latest Stock Report on DXC
DXC Technology Stock Performance
DXC Technology (NYSE:DXC – Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.17. DXC Technology had a net margin of 0.60% and a return on equity of 19.20%. The business had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.14 billion. On average, equities research analysts expect that DXC Technology will post 2.89 earnings per share for the current fiscal year.
Insider Buying and Selling
In other DXC Technology news, EVP Mary E. Finch sold 31,047 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $19.36, for a total value of $601,069.92. Following the transaction, the executive vice president now owns 325,665 shares in the company, valued at approximately $6,304,874.40. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, SVP Christopher Anthony Voci sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $21.37, for a total value of $53,425.00. Following the completion of the sale, the senior vice president now directly owns 83,746 shares in the company, valued at $1,789,652.02. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Mary E. Finch sold 31,047 shares of the stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $19.36, for a total value of $601,069.92. Following the completion of the sale, the executive vice president now directly owns 325,665 shares of the company’s stock, valued at approximately $6,304,874.40. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.54% of the stock is currently owned by insiders.
About DXC Technology
DXC Technology Company, together with its subsidiaries, provides information technology services and solutions in the United States, the United Kingdom, rest of Europe, Australia, and internationally. It operates in two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS).
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