Analysts forecast that DXC Technology Company. (NYSE:DXC) will report sales of $5.97 billion for the current quarter, Zacks Investment Research reports. Five analysts have provided estimates for DXC Technology Company.’s earnings, with estimates ranging from $5.90 billion to $6.13 billion. DXC Technology Company. posted sales of $1.93 billion during the same quarter last year, which would indicate a positive year over year growth rate of 209.3%. The firm is scheduled to report its next earnings report on Monday, August 14th.

On average, analysts expect that DXC Technology Company. will report full year sales of $5.97 billion for the current fiscal year, with estimates ranging from $24.09 billion to $24.49 billion. For the next fiscal year, analysts expect that the firm will report sales of $24.04 billion per share, with estimates ranging from $23.61 billion to $24.37 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that cover DXC Technology Company..

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

Several equities research analysts recently commented on DXC shares. Morgan Stanley raised shares of DXC Technology Company. from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $68.00 to $85.00 in a report on Thursday, April 6th. Zacks Investment Research lowered shares of DXC Technology Company. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 6th. Royal Bank Of Canada reissued a “buy” rating and issued a $87.00 price target on shares of DXC Technology Company. in a report on Monday, May 15th. Cantor Fitzgerald reissued a “hold” rating and issued a $75.00 price target on shares of DXC Technology Company. in a report on Friday, May 26th. Finally, Goldman Sachs Group, Inc. (The) started coverage on shares of DXC Technology Company. in a report on Monday, March 27th. They issued a “buy” rating and a $84.00 price target for the company. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $86.67.

Shares of DXC Technology Company. (DXC) traded down 0.06% during mid-day trading on Friday, hitting $78.51. 1,411,719 shares of the stock were exchanged. The company’s market cap is $11.09 billion. The stock’s 50-day moving average price is $77.52 and its 200-day moving average price is $70.43. DXC Technology Company. has a 52-week low of $45.37 and a 52-week high of $80.83.

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

In other DXC Technology Company. news, EVP Stephen Hilton sold 5,052 shares of DXC Technology Company. stock in a transaction on Friday, June 16th. The shares were sold at an average price of $74.82, for a total transaction of $377,990.64. Following the sale, the executive vice president now owns 2,574 shares of the company’s stock, valued at approximately $192,586.68. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Margaret C. Whitman sold 8,600 shares of DXC Technology Company. stock in a transaction on Monday, June 5th. The stock was sold at an average price of $77.18, for a total transaction of $663,748.00. Following the sale, the director now directly owns 111,229 shares in the company, valued at approximately $8,584,654.22. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

A number of large investors have recently made changes to their positions in DXC. Fox Run Management L.L.C. boosted its stake in shares of DXC Technology Company. by 15.5% in the second quarter. Fox Run Management L.L.C. now owns 4,000 shares of the company’s stock valued at $307,000 after buying an additional 537 shares during the period. Cribstone Capital Management LLC acquired a new stake in shares of DXC Technology Company. during the first quarter valued at about $102,000. Westside Investment Management Inc. acquired a new stake in shares of DXC Technology Company. during the first quarter valued at about $105,000. Bartlett & Co. LLC acquired a new stake in shares of DXC Technology Company. during the first quarter valued at about $145,000. Finally, Grassi Investment Management acquired a new stake in shares of DXC Technology Company. during the second quarter valued at about $203,000. 49.53% of the stock is currently owned by institutional investors.

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