DXC Technology (NYSE:DXC) Issues FY25 Earnings Guidance

DXC Technology (NYSE:DXC) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $3.00-3.25 for the period, compared to the consensus EPS estimate of $2.87. The company issued revenue guidance of $12.9-13.1 billion, compared to the consensus revenue estimate of $12.88 billion. DXC Technology also updated its FY 2025 guidance to 3.000-3.250 EPS.

DXC Technology Stock Performance

DXC traded down $0.92 on Friday, hitting $21.66. 5,981,665 shares of the company traded hands, compared to its average volume of 1,020,818. The company has a 50 day moving average of $20.68 and a 200-day moving average of $19.41. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.21. The stock has a market capitalization of $3.92 billion, a PE ratio of 270.75, a PEG ratio of 1.87 and a beta of 1.67. DXC Technology has a 12-month low of $14.78 and a 12-month high of $25.14.

DXC Technology (NYSE:DXC) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.57 by $0.17. DXC Technology had a return on equity of 19.20% and a net margin of 0.60%. The firm had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.14 billion. Sell-side analysts anticipate that DXC Technology will post 2.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Royal Bank of Canada boosted their target price on DXC Technology from $18.00 to $20.00 and gave the stock a “sector perform” rating in a research report on Friday, August 9th. JPMorgan Chase & Co. boosted their target price on DXC Technology from $19.00 to $22.00 and gave the stock an “underweight” rating in a research report on Friday, September 6th. BMO Capital Markets boosted their target price on DXC Technology from $17.50 to $22.00 and gave the stock a “market perform” rating in a research report on Friday, August 9th. Finally, Susquehanna boosted their target price on DXC Technology from $19.00 to $23.00 and gave the stock a “neutral” rating in a research report on Friday. Two analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $20.56.

Insider Buying and Selling

In related news, EVP Mary E. Finch sold 31,047 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, EVP Mary E. Finch sold 31,047 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Christopher Anthony Voci sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The shares were 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 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.

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).