Recent significant negative changes in fundamentals have impacted DXC Technology Co (NYSE: DXC): the consensus estimate for March, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for March, 2025 decreased significantly.
DXC Technology Co (NYSE: DXC) suffers from exceptional negative changes in investment behavior: negative upside/downside volume developed, and the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. DXC Technology has a slightly positive Appreciation Score of 60 but a very low Power Rating of 10, triggering the Negative Value Trend Rating.
Recent Price Action
DXC Technology Co (NYSE: DXC) stock declined slightly by -0.6% on 6/11/24. The stock closed at $18.34. Moreover, trading volume in this decline was exceptionally high at 470% of normal. Relative to the market the stock has been weak over the last nine months but has risen 16.6% during the last week.
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