DXC Technology Company. (NYSE:DXC)‘s stock had its “outperform” rating reaffirmed by equities researchers at BMO Capital Markets in a note issued to investors on Wednesday. They currently have a $94.00 target price on the stock, up from their previous target price of $92.00. BMO Capital Markets’ price target would suggest a potential upside of 13.28% from the stock’s previous close.

A number of other research firms have also commented on DXC. Zacks Investment Research lowered DXC Technology Company. from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. KeyCorp raised DXC Technology Company. from a “sector weight” rating to an “overweight” rating and set a $93.00 price objective on the stock in a research note on Friday, July 21st. Royal Bank Of Canada reissued a “buy” rating and issued a $87.00 price objective on shares of DXC Technology Company. in a research note on Friday, July 7th. Morgan Stanley raised DXC Technology Company. from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $68.00 to $85.00 in a research note on Tuesday, July 4th. Finally, Stifel Nicolaus began coverage on DXC Technology Company. in a research note on Tuesday, May 30th. They issued a “hold” rating and a $86.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $87.00.

Shares of DXC Technology Company. (NYSE:DXC) traded down 1.07% during midday trading on Wednesday, hitting $82.09. 573,283 shares of the stock were exchanged. DXC Technology Company. has a 12-month low of $45.37 and a 12-month high of $84.50. The firm has a market cap of $23.30 billion, a PE ratio of 258.96 and a beta of 1.11. The firm has a 50-day moving average price of $78.35 and a 200 day moving average price of $73.95.

DXC Technology Company. (NYSE:DXC) last announced its quarterly earnings results on Tuesday, August 8th. The company reported $1.59 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.25 by $0.34. The business had revenue of $5.91 billion for the quarter, compared to analyst estimates of $5.95 billion. DXC Technology Company. had a return on equity of 36.87% and a net margin of 0.49%. Analysts predict that DXC Technology Company. will post $6.86 earnings per share for the current fiscal year.

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In other news, EVP Michael G. Nefkens sold 50,132 shares of the business’s stock in a transaction on Friday, July 21st. The stock was sold at an average price of $80.04, for a total transaction of $4,012,565.28. Following the completion of the sale, the executive vice president now owns 9,961 shares in the company, valued at $797,278.44. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Michael G. Nefkens sold 128,328 shares of the business’s stock in a transaction on Monday, July 24th. The stock was sold at an average price of $80.03, for a total value of $10,270,089.84. Following the sale, the executive vice president now owns 25,447 shares of the company’s stock, valued at approximately $2,036,523.41. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 251,936 shares of company stock valued at $19,995,452. 1.30% of the stock is currently owned by corporate insiders.

Large investors have recently added to or reduced their stakes in the company. Boston Partners purchased a new stake in DXC Technology Company. during the second quarter worth $932,573,000. Bank of New York Mellon Corp increased its stake in DXC Technology Company. by 66,828.2% in the second quarter. Bank of New York Mellon Corp now owns 2,494,414 shares of the company’s stock worth $191,371,000 after buying an additional 2,490,687 shares during the last quarter. American Century Companies Inc. purchased a new stake in DXC Technology Company. during the second quarter worth $190,008,000. Geode Capital Management LLC purchased a new stake in DXC Technology Company. during the first quarter worth $89,787,000. Finally, Victory Capital Management Inc. purchased a new stake in DXC Technology Company. during the second quarter worth $158,678,000. Institutional investors own 51.07% of the company’s stock.

Analyst Recommendations for DXC Technology Company. (NYSE:DXC)

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