DXC Technology Co (NYSE: DXC) has a price-to-earnings ratio of 60.28x that is above its average ratio. Additionally, the 36-month beta value for DXC is 1.68. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 3 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The public float for DXC is 178.49M and currently, short sellers hold a 5.19% ratio of that float. The average trading volume of DXC on October 16, 2024 was 1.31M shares.
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DXC) stock’s latest price update
DXC Technology Co (NYSE: DXC)’s stock price has gone rise by 1.29 in comparison to its previous close of 20.11, however, the company has experienced a -0.49% decrease in its stock price over the last five trading days. businesswire.com reported 2024-10-08 that ASHBURN, Va.–(BUSINESS WIRE)–DXC Technology (NYSE: DXC) today announced that it will release its fiscal 2025 second quarter financial results on Thursday, November 7, 2024, at approximately 4:15 p.m. Eastern Time (ET). Following the release, DXC Technology’s senior management will host a conference call and webcast at 5:00 p.m. ET. The dial-in number for domestic callers is 888-330-2455. Callers who reside outside of the United States should dial +1-240-789-2717. The passcode for all particip.
DXC’s Market Performance
DXC Technology Co (DXC) has seen a -0.49% fall in stock performance for the week, with a -4.99% decline in the past month and a 3.03% surge in the past quarter. The volatility ratio for the week is 2.32%, and the volatility levels for the past 30 days are at 2.67% for DXC. The simple moving average for the last 20 days is -0.60% for DXC’s stock, with a simple moving average of 0.99% for the last 200 days.
Analysts’ Opinion of DXC
Many brokerage firms have already submitted their reports for DXC stocks, with Guggenheim repeating the rating for DXC by listing it as a “Neutral.” The predicted price for DXC in the upcoming period, according to Guggenheim is $22 based on the research report published on March 19, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see DXC reach a price target of $24, previously predicting the price at $27. The rating they have provided for DXC stocks is “Underweight” according to the report published on January 24th, 2024.
Citigroup gave a rating of “Sell” to DXC, setting the target price at $21 in the report published on January 17th of the current year.
DXC Trading at 0.41% from the 50-Day Moving Average
After a stumble in the market that brought DXC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.97% of loss for the given period.
Volatility was left at 2.67%, however, over the last 30 days, the volatility rate increased by 2.32%, as shares sank -5.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.43% upper at present.
During the last 5 trading sessions, DXC fell by -0.49%, which changed the moving average for the period of 200-days by -11.59% in comparison to the 20-day moving average, which settled at $20.49. In addition, DXC Technology Co saw -10.93% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DXC starting from Voci Christopher Anthony, who sale 2,500 shares at the price of $21.37 back on Sep 13 ’24. After this action, Voci Christopher Anthony now owns 83,746 shares of DXC Technology Co, valued at $53,425 using the latest closing price.
Voci Christopher Anthony, the Officer of DXC Technology Co, proposed sale 2,500 shares at $21.37 during a trade that took place back on Sep 13 ’24, which means that Voci Christopher Anthony is holding shares at $53,425 based on the most recent closing price.
Stock Fundamentals for DXC
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.18 for the gross margin
The net margin for DXC Technology Co stands at 0.01. The total capital return value is set at 0.08. Equity return is now at value 2.64, with 0.57 for asset returns.
Based on DXC Technology Co (DXC), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 1.47. The interest coverage ratio of the stock is 2.49.
Currently, EBITDA for the company is 1.87 billion with net debt to EBITDA at 0.81. When we switch over and look at the enterprise to sales, we see a ratio of 0.54. The receivables turnover for the company is 4.49for trailing twelve months and the total asset turnover is 1.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.21.
Conclusion
In conclusion, DXC Technology Co (DXC) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
