DXC Technology (NYSE:DXC – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.000-3.250 for the period, compared to the consensus 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 equities research analysts have recently commented on DXC shares. Royal Bank of Canada increased their target price on shares of DXC Technology from $18.00 to $20.00 and gave the company a “sector perform” rating in a research report on Friday, August 9th. Susquehanna lifted their target price on shares of DXC Technology from $19.00 to $23.00 and gave the stock a “neutral” rating in a research note on Friday. BMO Capital Markets increased their price target on DXC Technology from $17.50 to $22.00 and gave the stock a “market perform” rating in a report on Friday, August 9th. Finally, JPMorgan Chase & Co. increased their price objective on shares of DXC Technology from $19.00 to $22.00 and gave the stock an “underweight” rating in a research report on Friday, September 6th. Two investment analysts have rated the stock with a sell rating and seven have given a hold rating to the company. Based on data from MarketBeat.com, DXC Technology currently has a consensus rating of “Hold” and an average target price of $20.56.
View Our Latest Analysis on DXC Technology
DXC Technology Stock Down 4.1 %
DXC Technology (NYSE:DXC – Get Free Report) last released its earnings results on Thursday, August 8th. The company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.17. DXC Technology had a net margin of 0.60% and a return on equity of 19.20%. The firm had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.14 billion. Equities research analysts anticipate that DXC Technology will post 2.89 earnings per share for the current year.
Insider Buying and Selling at DXC Technology
In other news, SVP Christopher Anthony Voci sold 2,500 shares of DXC Technology stock in a transaction on Friday, September 13th. The shares were sold at an average price of $21.37, for a total transaction of $53,425.00. Following the completion of the sale, the senior vice president now directly owns 83,746 shares of the company’s stock, valued at approximately $1,789,652.02. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, EVP Mary E. Finch sold 31,047 shares of the business’s stock in a transaction 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 $6,304,874.40. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Christopher Anthony Voci sold 2,500 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $21.37, for a total value of $53,425.00. Following the transaction, the senior vice president now directly owns 83,746 shares in the company, valued at approximately $1,789,652.02. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.54% of the company’s stock.
DXC Technology Company Profile
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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