At the time of writing, DXC Technology Co [DXC] stock is trading at $15.46, up 3.48%. An important factor to consider is whether the stock is rising or falling in short-term value. The DXC shares have gain 4.74% over the last week, with a monthly amount drifted -1.72%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
DXC Technology Co [NYSE: DXC] stock has seen the most recent analyst activity on March 19, 2024, when Guggenheim initiated its Neutral rating and assigned the stock a price target of $22. Previously, JP Morgan downgraded its rating to Underweight on January 24, 2024, and dropped its price target to $24. On January 17, 2024, downgrade downgraded it’s rating to Sell and revised its price target to $21 on the stock. Wolfe Research downgraded its rating to a Underperform but stick to its price target of $22 on October 17, 2023. TD Cowen downgraded its rating to a Market Perform and reduced its price target to $25 on August 03, 2023. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on August 03, 2023, and downed its price target to $29. In a note dated August 03, 2023, Deutsche Bank downgraded an Hold rating on this stock and revised its target price from $35 to $23.
For the past year, the stock price of DXC Technology Co fluctuated between $13.44 and $24.83. Currently, Wall Street analysts expect the stock to reach $19.5 within the next 12 months. DXC Technology Co [NYSE: DXC] shares were valued at $15.46 at the most recent close of the market. An investor can expect a potential return of 26.13% based on the average DXC price forecast.
Analyzing the DXC fundamentals
According to DXC Technology Co [NYSE:DXC], the company’s sales were 12.87B for trailing twelve months, which represents an -6.41% plunge. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.13 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.44.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.11 points at the first support level, and at 14.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.67, and for the 2nd resistance point, it is at 15.88.
Ratios To Look Out For
It is important to note that DXC Technology Co [NYSE:DXC] has a current ratio of 1.22. On the other hand, the Quick Ratio is 1.22, and the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 0.22, the price to book ratio is 0.87 and price to earnings (TTM) ratio is 7.34.
Transactions by insiders
Recent insider trading involved Finch Mary E, EVP, Chief People Officer, that happened on Nov 12 ’24 when 12885.0 shares were sold. Managing Director, GIS, Drumgoole Christopher completed a deal on Nov 14 ’24 to sell 23500.0 shares. Meanwhile, Officer Drumgoole Christopher bought 23500.0 shares on Nov 14 ’24.
