DXC Technology Co [NYSE: DXC] stock went on an upward path that rose over 11.48% on Monday, amounting to a one-week price increase of more than 17.29%.
Over the last 12 months, DXC stock dropped by -29.90%. The one-year DXC Technology Co stock forecast points to a potential downside of -5.55. The average equity rating for DXC stock is currently 3.43, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $3.30 billion, with 178.84 million shares outstanding and 175.24 million shares in the current float. Compared to the average trading volume of 2.39M shares, DXC stock reached a trading volume of 12192255 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on DXC Technology Co [DXC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DXC shares is $17.48 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DXC stock is a recommendation set at 3.43. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Guggenheim have made an estimate for DXC Technology Co shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 19, 2024. While these analysts kept the previous recommendation, JP Morgan dropped their target price from $27 to $24. The new note on the price target was released on January 24, 2024, representing the official price target for DXC Technology Co stock. Previously, the target price had yet another drop from $24 to $21, while Citigroup kept a Sell rating on DXC stock.
The Average True Range (ATR) for DXC Technology Co is set at 0.83, with the Price to Sales ratio for DXC stock in the period of the last 12 months amounting to 0.24. The Price to Book ratio for the last quarter was 1.17, with the Price to Cash per share for the same quarter was set at 6.84. Price to Free Cash Flow for DXC in the course of the last twelve months was 2.80 with Quick ratio for the last quarter at 1.17.
DXC Stock Performance Analysis:
DXC Technology Co [DXC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.29. With this latest performance, DXC shares dropped by -5.96% in over the last four-week period, additionally sinking by -21.82% over the last 6 months – not to mention a drop of -29.90% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DXC stock in for the last two-week period is set at 59.47, with the RSI for the last a single of trading hit 70.41, and the three-weeks RSI is set at 53.47 for DXC Technology Co [DXC]. The present Moving Average for the last 50 days of trading for this stock 18.84, while it was recorded at 16.35 for the last single week of trading, and 21.05 for the last 200 days.
Insight into DXC Technology Co Fundamentals:
DXC Technology Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.17 and a Current Ratio set at 1.17.
DXC Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DXC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for DXC Technology Co go to 5.68%.
DXC Technology Co [DXC] Institutonal Ownership Details
The top three institutional holders of DXC stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in DXC stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in DXC stock with ownership which is approximately 5.8386%.
