DXC Technology (NYSE:DXC) Issues FY 2027 Earnings Guidance

DXC Technology (NYSE:DXC) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 2.400-2.900 for the period, compared to the consensus EPS estimate of 3.290. The company issued revenue guidance of $12.1 billion-$12.4 billion, compared to the consensus revenue estimate of $12.3 billion. DXC Technology also updated its Q1 2027 guidance to 0.400-0.400 EPS.

DXC Technology Stock Up 4.6%

Shares of DXC Technology stock traded up $0.53 during trading on Thursday, hitting $12.00. 6,121,134 shares of the stock traded hands, compared to its average volume of 2,759,256. The stock has a market cap of $2.04 billion, a P/E ratio of 5.15 and a beta of 0.85. The company has a fifty day moving average price of $12.24 and a two-hundred day moving average price of $13.41. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.35 and a current ratio of 1.35. DXC Technology has a twelve month low of $11.07 and a twelve month high of $17.26.

DXC Technology (NYSE:DXC) last posted its earnings results on Thursday, May 7th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.03. DXC Technology had a net margin of 3.34% and a return on equity of 17.56%. The firm had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.17 billion. 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. Equities research analysts predict that DXC Technology will post 3.21 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on DXC. Zacks Research cut DXC Technology from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Wall Street Zen downgraded DXC Technology from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Wolfe Research set a $13.00 target price on DXC Technology and gave the stock an “underperform” rating in a report on Friday, January 30th. Weiss Ratings reissued a “sell (d+)” rating on shares of DXC Technology in a research report on Wednesday, April 8th. Finally, BMO Capital Markets boosted their price objective on shares of DXC Technology from $15.00 to $17.00 and gave the stock a “market perform” rating in a research note on Tuesday, February 3rd. Eight research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $14.63.

Institutional Investors Weigh In On DXC Technology

Hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC lifted its holdings in shares of DXC Technology by 240.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,737 shares of the company’s stock worth $27,000 after acquiring an additional 1,227 shares during the period. CIBC Private Wealth Group LLC increased its stake in DXC Technology by 13,258.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 2,271 shares of the company’s stock valued at $33,000 after acquiring an additional 2,254 shares during the period. Headlands Technologies LLC bought a new stake in DXC Technology in the second quarter valued at about $39,000. Caitlin John LLC raised its position in DXC Technology by 358.0% in the fourth quarter. Caitlin John LLC now owns 3,224 shares of the company’s stock worth $49,000 after purchasing an additional 2,520 shares in the last quarter. Finally, Parallel Advisors LLC raised its position in DXC Technology by 36.9% in the third quarter. Parallel Advisors LLC now owns 8,513 shares of the company’s stock worth $116,000 after purchasing an additional 2,295 shares in the last quarter. 96.20% of the stock is 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.