DXC Technology (NYSE:DXC) Upgraded by Wall Street Zen to Buy Rating

Wall Street Zen upgraded shares of DXC Technology (NYSE:DXC) from a hold rating to a buy rating in a research note issued to investors on Sunday.

Several other equities research analysts have also recently commented on the company. JPMorgan Chase & Co. dropped their target price on DXC Technology from $18.00 to $14.00 and set an “underweight” rating on the stock in a report on Wednesday, August 20th. Royal Bank Of Canada cut their target price on shares of DXC Technology from $18.00 to $16.00 and set a “sector perform” rating for the company in a research note on Friday, August 1st. Susquehanna set a $14.00 price target on shares of DXC Technology and gave the stock a “neutral” rating in a research report on Friday, October 31st. Stifel Nicolaus cut their price objective on DXC Technology from $15.00 to $14.00 and set a “hold” rating for the company in a research report on Friday, October 31st. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of DXC Technology in a research note on Wednesday, October 8th. Six research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $15.00.

DXC Technology Stock Performance

Shares of DXC Technology stock traded up $0.38 during trading hours on Friday, reaching $13.54. The company’s stock had a trading volume of 1,855,795 shares, compared to its average volume of 1,791,545. DXC Technology has a one year low of $12.24 and a one year high of $23.75. The company’s 50 day simple moving average is $13.71 and its 200 day simple moving average is $14.48. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a market cap of $2.36 billion, a P/E ratio of 6.57 and a beta of 1.15.

DXC Technology (NYSE:DXC) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.13. The business had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.17 billion. DXC Technology had a return on equity of 18.59% and a net margin of 2.96%.The business’s revenue was down 2.5% on a year-over-year basis. During the same quarter last year, the business posted $0.93 EPS. DXC Technology has set its FY 2026 guidance at 2.850-3.35 EPS. Q3 2026 guidance at 0.750-0.85 EPS. As a group, analysts expect that DXC Technology will post 3.35 EPS for the current fiscal year.

Insider Transactions at DXC Technology

In other news, SVP Christopher Anthony Voci sold 2,500 shares of the stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $14.52, for a total transaction of $36,300.00. Following the transaction, the senior vice president owned 91,105 shares in the company, valued at $1,322,844.60. This represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.61% of the stock is owned by company insiders.

Institutional Investors Weigh In On DXC Technology

Large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its holdings in DXC Technology by 240.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,737 shares of the company’s stock valued at $27,000 after buying an additional 1,227 shares in the last quarter. Headlands Technologies LLC bought a new stake in shares of DXC Technology during the 2nd quarter worth about $39,000. Smartleaf Asset Management LLC increased its holdings in shares of DXC Technology by 38.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 2,814 shares of the company’s stock valued at $38,000 after acquiring an additional 778 shares during the last quarter. Wealthquest Corp bought a new position in shares of DXC Technology in the 1st quarter valued at approximately $49,000. Finally, Rothschild Investment LLC raised its stake in shares of DXC Technology by 609.8% in the 3rd quarter. Rothschild Investment LLC now owns 2,981 shares of the company’s stock valued at $41,000 after acquiring an additional 2,561 shares in the last quarter. 96.20% of the stock is currently owned by institutional investors.

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).