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Saturday, December 9, 2023

DXC Technology Co (NYSE: DXC) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for DXC Technology Co (DXC) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.21, or -0.92%, to $22.72. The DXC Technology Co has recorded 239,981 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that DXC Technology Achieves SBTi Certification for Near-term Emissions Reduction Targets.

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Stocks Info

The company is listed on the NYSE and operates within the Information Technology Services industry segment. At the end of the last regular session, the stock closed at $22.93 and fluctuated between $23.17 as its day high and $22.54 as its day low. The current market capitalization of DXC Technology Co is $4.44B. A total of 1.92 million shares were traded on the day, compared to an average of 3.38M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, DXC has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 75,000 shares. Over the last 12 months, there were 28 BUYs and 32 SELLs from insiders. Insiders purchased 1,738,571 shares during that period but sold 752,026.

In the most recent transaction, DECKELMAN WILLIAM L JR sold 75,000 shares of DXC for 20.72 per share on Aug 24. After the transaction, the EVP & General Counsel now owns 142,908 company shares. In a previous transaction on Feb 09, DECKELMAN WILLIAM L JR sold 33,331 shares at 29.05 per share. DXC shares that EVP & General Counsel owns now total 157,128.

Among the insiders who sold shares, FERNANDEZ RAUL J disposed of 5,000 shares on Nov 23 at a per-share price of $29.75. This resulted in the Director holding 47,092 shares of DXC after the transaction.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for DXC in the last 3 months, the mean price target is $23.81 with high estimates of $32.70 and low estimates of $21.00. In terms of 52-week highs and lows, DXC has a high of $30.27 and a low of $18.61.

As of this writing, DXC has an earnings estimate of $0.77 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.8 per share and a lower estimate of $0.73. The company reported an EPS of $0.63 in the last quarter, which was -23.20% lower than expectations of $0.82.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. DXC’s latest balance sheet shows that the firm has $2.67B in Cash & Short Term Investments as of fiscal 2022. There were $6.17B in debt and $6.85B in liabilities at the time. Its Book Value Per Share was $16.04, while its Total Shareholder’s Equity was $5.38B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DXC is Buy with a score of 2.70.

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