Press coverage about DXC Technology (NYSE:DXC) has been trending somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. DXC Technology earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.8569782748748 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- DXC Technology (DXC) in Focus: Stock Moves 5.5% Higher (finance.yahoo.com)
- KeyCorp Weighs in on DXC Technology’s FY2018 Earnings (DXC) (americanbankingnews.com)
- DXC Technology (DXC) Forecasted to Earn FY2018 Earnings of $7.72 Per Share (americanbankingnews.com)
- Tech stock to watch: DXC Technology Company (NYSE: DXC) (fxdailyreport.com)
- Maryland recovers $81 million from Medicaid technology contractor (insurancenewsnet.com)
A number of brokerages have issued reports on DXC. Zacks Investment Research downgraded DXC Technology from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Morgan Stanley upped their price objective on DXC Technology from $104.00 to $114.00 and gave the company an “overweight” rating in a research note on Monday, February 5th. Citigroup upped their price objective on DXC Technology to $107.00 in a research note on Wednesday, November 8th. Evercore ISI began coverage on DXC Technology in a research note on Tuesday, October 17th. They issued an “outperform” rating and a $115.00 price objective for the company. Finally, Cantor Fitzgerald restated a “hold” rating and issued a $93.00 price objective on shares of DXC Technology in a research note on Wednesday, November 8th. Five investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. DXC Technology has an average rating of “Buy” and an average price target of $102.94.
DXC Technology (NYSE:DXC) last issued its quarterly earnings results on Thursday, February 8th. The company reported $2.15 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $0.16. DXC Technology had a return on equity of 17.97% and a net margin of 5.18%. The firm had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $6.19 billion. The business’s quarterly revenue was up 222.7% compared to the same quarter last year. research analysts forecast that DXC Technology will post 7.74 earnings per share for the current fiscal year.
DXC Technology Company Profile
DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers technology solutions comprising consulting, applications services, and software.
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