Equities research analysts forecast that DXC Technology Company. (NYSE:DXC) will post $5.95 billion in sales for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for DXC Technology Company.’s earnings, with estimates ranging from $5.88 billion to $6.13 billion. DXC Technology Company. reported sales of $1.93 billion during the same quarter last year, which indicates a positive year-over-year growth rate of 208.3%. The firm is expected to report its next quarterly earnings report after the market closes on Tuesday, August 8th.

According to Zacks, analysts expect that DXC Technology Company. will report full-year sales of $5.95 billion for the current financial year, with estimates ranging from $24.00 billion to $24.49 billion. For the next financial year, analysts expect that the company will report sales of $24.00 billion per share, with estimates ranging from $23.51 billion to $24.37 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that follow DXC Technology Company..

DXC Technology Company. (NYSE:DXC) last announced its earnings results on Thursday, May 25th. The company reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.32. DXC Technology Company. had a positive return on equity of 19.87% and a negative net margin of 1.62%. The company had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.95 billion.

Several equities research analysts have commented on the company. Royal Bank Of Canada restated a “buy” rating and set a $87.00 price target on shares of DXC Technology Company. in a research note on Tuesday, June 6th. KeyCorp upgraded DXC Technology Company. from a “sector weight” rating to an “overweight” rating and set a $93.00 price target for the company in a research note on Friday, July 21st. Zacks Investment Research lowered DXC Technology Company. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 6th. Stifel Nicolaus assumed coverage on DXC Technology Company. in a research note on Tuesday, May 30th. They set a “hold” rating and a $86.00 price target for the company. Finally, Citigroup Inc. restated a “buy” rating on shares of DXC Technology Company. in a research note on Monday, April 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. DXC Technology Company. currently has a consensus rating of “Buy” and a consensus price target of $87.30.

DXC Technology Company. (DXC) opened at 78.72 on Monday. The stock’s market capitalization is $11.12 billion. The company’s 50-day moving average price is $77.71 and its 200-day moving average price is $73.38. DXC Technology Company. has a one year low of $64.06 and a one year high of $80.83.

The business also recently announced a special dividend, which was paid on Tuesday, July 11th. Stockholders of record on Tuesday, June 13th were given a $0.18 dividend. The ex-dividend date of this dividend was Friday, June 9th. DXC Technology Company.’s payout ratio is -67.42%.

In other news, EVP Stephen Hilton sold 5,052 shares of the company’s stock in a transaction dated Friday, June 16th. The stock was sold at an average price of $74.82, for a total value of $377,990.64. Following the completion of the sale, the executive vice president now owns 2,574 shares of the company’s stock, valued at $192,586.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Margaret C. Whitman sold 8,600 shares of the company’s stock in a transaction dated Monday, June 5th. The stock was sold at an average price of $77.18, for a total value of $663,748.00. Following the completion of the sale, the director now directly owns 111,229 shares of the company’s stock, valued at approximately $8,584,654.22. The disclosure for this sale can be found here. Insiders sold 251,936 shares of company stock valued at $19,995,452 in the last ninety days. Company insiders own 1.30% of the company’s stock.

Several large investors have recently modified their holdings of DXC. Neuberger Berman Group LLC bought a new stake in shares of DXC Technology Company. during the first quarter valued at $233,000. Delta Lloyd NV bought a new stake in shares of DXC Technology Company. during the first quarter valued at $1,942,000. Private Advisor Group LLC bought a new stake in shares of DXC Technology Company. during the first quarter valued at $295,000. Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of DXC Technology Company. during the first quarter valued at $39,671,000. Finally, Balasa Dinverno & Foltz LLC bought a new stake in shares of DXC Technology Company. during the first quarter valued at $569,000. 51.07% of the stock is owned by institutional investors.

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Earnings History and Estimates for DXC Technology Company. (NYSE:DXC)

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