On 5/17/24, DXC Technology Co (NYSE: DXC) stock suffered a major decline of -16.9%, closing at $16.52. Moreover, exceptionally high trading volume at 633% of normal accompanied the decline. The stock has declined -15.8% during the last week and has been weak relative to the market over the last nine months.
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 very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. DXC Technology has a good Appreciation Score of 75 but a poor Power Rating of 27, and the Neutral Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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