DXC Technology (NYSE:DXC) Releases Q1 2027 Earnings Guidance

DXC Technology (NYSE:DXC) issued an update on its first quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.400-0.400 for the period, compared to the consensus estimate of 0.680. The company issued revenue guidance of $3.0 billion-$3.0 billion, compared to the consensus revenue estimate of $3.1 billion. DXC Technology also updated its FY 2027 guidance to 2.400-2.900 EPS.

DXC Technology Stock Up 4.6%

Shares of DXC Technology stock traded up $0.53 on Thursday, reaching $12.00. 6,114,999 shares of the company were exchanged, compared to its average volume of 2,758,593. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $2.04 billion, a price-to-earnings ratio of 5.15 and a beta of 0.85. DXC Technology has a one year low of $11.07 and a one year high of $17.26. The company has a 50-day moving average of $12.24 and a 200 day moving average of $13.41.

DXC Technology (NYSE:DXC) last posted its earnings results on Thursday, May 7th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.03. The business had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.17 billion. DXC Technology had a return on equity of 17.56% and a net margin of 3.34%.DXC Technology has set its Q1 2027 guidance at 0.400-0.400 EPS and its FY 2027 guidance at 2.400-2.900 EPS. On average, equities research analysts forecast that DXC Technology will post 3.21 earnings per share for the current year.

Wall Street Analysts Forecast Growth

DXC has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “sell (d+)” rating on shares of DXC Technology in a report on Wednesday, April 8th. TD Cowen decreased their price objective on DXC Technology from $15.00 to $14.00 and set a “hold” rating on the stock in a report on Monday, April 6th. Wolfe Research set a $13.00 price objective on DXC Technology and gave the company an “underperform” rating in a report on Friday, January 30th. Wall Street Zen lowered DXC Technology from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Finally, BMO Capital Markets upped their price objective on DXC Technology from $15.00 to $17.00 and gave the company a “market perform” rating in a report on Tuesday, February 3rd. Eight equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, DXC Technology presently has a consensus rating of “Reduce” and a consensus price target of $14.63.

Institutional Trading of DXC Technology

Several institutional investors and hedge funds have recently modified their holdings of the business. Parvin Asset Management LLC acquired a new stake in DXC Technology during the third quarter worth approximately $245,000. FORA Capital LLC acquired a new stake in DXC Technology during the fourth quarter worth approximately $245,000. Lido Advisors LLC grew its stake in DXC Technology by 6.1% during the fourth quarter. Lido Advisors LLC now owns 17,383 shares of the company’s stock worth $241,000 after purchasing an additional 1,003 shares during the period. Cetera Investment Advisers grew its stake in DXC Technology by 21.0% during the fourth quarter. Cetera Investment Advisers now owns 14,910 shares of the company’s stock worth $218,000 after purchasing an additional 2,584 shares during the period. Finally, Captrust Financial Advisors grew its stake in DXC Technology by 14.4% in the second quarter. Captrust Financial Advisors now owns 13,798 shares of the company’s stock valued at $211,000 after acquiring an additional 1,742 shares during the period. 96.20% of the stock is currently owned by institutional investors.

DXC Technology Company Profile

DXC Technology, headquartered in Tysons Corner, Virginia, is a global leader in IT services and solutions. The company was formed in 2017 through the merger of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise, combining decades of experience in consulting, systems integration and managed services. Since its inception, DXC has focused on helping clients modernize IT environments and drive digital transformation across their organizations.

DXC Technology’s core service offerings encompass cloud and platform services, applications and analytics, security, and workplace and mobility solutions.