Alert: New Earnings Report (5/16/24)-DXC Technology Co (NYSE: DXC).

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DXC Technology Co (NYSE: DXC) has reported E.P.S. of $-1.10 for its fourth fiscal quarter (ending March 31) versus $-3.38 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $0.46 compared to $-2.48 a year ago.

Recent Price Action

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DXC Technology Co (NYSE: DXC) stock closed at $19.88 on 5/16/24 after a modest gain of 0.8%. Moreover, this advance was accompanied by unusually high trading volume at 191% of normal. The stock has been weak relative to the market over the last nine months and is unchanged during the last week.

Current PriceTarget Research Rating

DXC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

DXC Technology has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. DXC Technology has a slightly positive Appreciation Score of 66 but a slightly negative Power Rating of 32, producing the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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