|Bid||24.99 x 0|
|Ask||25.16 x 0|
|Day's Range||25.08 - 25.08|
|52 Week Range||23.90 - 77.83|
|Beta (3Y Monthly)||1.46|
|PE Ratio (TTM)||5.96|
|Forward Dividend & Yield||0.76 (3.00%)|
|1y Target Est||N/A|
The Value rotation in the U.S. stock market didn’t have staying power in September, according to data from FTSE Russell, though October and onward may be another story,
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
New York, New York--(Newsfile Corp. - September 26, 2019) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in DXC Technology Company (NYSE: DXC) ("DXC" or the "Company") of the November 15, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.If you invested in DXC common stock pursuant and/or traceable to the Company's April 2017 registration statement ...
DXC Technology is falling after a Wells Fargo Securities analyst lowers his price target on shares of the information technology company to $32 from $46 a share.
The Dow continues to trade just below its all-time high. Analysts are watchful as stocks' valuations rise, making them expensive at their current prices.
Today, the DJIA rose 122 points and the S&P; 500 Index gained 0.6%. However, tech stocks Oracle (ORCL), DXC Technology, and Groupon lagged the market.
DXC names Mike Salvino, a director whose background includes positions in private equity and consulting, to succeed Mike Lawrie in the top executive posts.
DXC Technology Co. shares declined in the extended session Wednesday after the IT services company said Mike Lawrie retired as president and chief executive and was succeeded by Mike Salvino. DXC shares fell 6.8% after hours, following a 1.3% rise to close at $36.49 in the regular session. DXC said Lawrie will remain on as chairman until the end of the year. DXC said Salvino most recently served as a managing director at tech private-equity firm Carrick Capital Partners.
In today’s look at the market movers in the tech sector, Activision Blizzard (ATVI) rose 5% and CrowdStrike (CRWD) fell 5.4% to close at $84.08.
Shares of DXC Technology Co. rallied 4.8% in afternoon trading Monday, after the technology consulting company said it won a $666 million award in its dispute with Hewlett Packard Enterprise Co. . Under terms of the award by an arbitration panel, the $666 million will consist of $631.8 million in damages and $34.3 million in pre-award interest. In addition, the award includes post-award interest at an annual rate of 3%, compounding quarterly, until the award is paid out. Meanwhile, Hewlett Packard Enterprise shares (HPE) rose 2.4%. DXC shares have plunged 40.9% over the past three months and HPE's stock has declined 10.3%, while the SPDR Technology Select Sector ETF has rallied 5.6% and the S&P 500 has tacked on 2.4%.
Morgan Stanley has identified a list of tech stocks likely to be the next takeover targets as the sector dominates M&A activity this year.
DXC Technology (DXC) was pummeled in early trading after it announced its Q1 results after the market closed on August 8. DXC’s revenue fell 7.4% YoY.
Shares of DXC Technology Co. sank 30.6% on heavy volume in afternoon trading Friday, on track for the biggest one-day selloff in 18 years, after the software company reported fiscal first-quarter earnings that topped expectations but lowered its full-year guidance, citing currency headwinds, pressure on its legacy businesses and delays in some deals. Trading volume swelled to 15.6 million shares, compared with the full-day average of about 2.3 million shares. Analyst Arvind Ramnani at KeyBanc Capital downgraded DXC to sector weight, after being at overweight the past two years. "Although DXC is seeing good growth in its digital business, revenue compression in its infrastructure business accelerated; further, there is lack of visibility of [medium-term] targets given underlying revenue pressures are secular in nature," Ramnani wrote in a note to clients. The stock, on track to close at the lowest level since May 2016, is headed for the biggest decline since the record drop of 39.6% on March 16, 2001, according to a FactSet chart that predates the 2016 merging of Computer Sciences Corp. and the services assets of Hewlett-Packard Enterprise Co. . The stock has now shed 40% over the past three months, while the SPDR Technology Select Sector ETF has gained 3.6% and the S&P 500 has tacked on 1.8%.