With 0.72 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.85 million shares. The 52-week range on DXC shows that it touched its highest point at $24.83 and its lowest point at $13.44 during that stretch. It currently has a 1-year price target of $21.33. Beta for the stock currently stands at 1.25.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DXC was down-trending over the past week, with a drop of -0.39%, but this was up by 5.53% over a month. Three-month performance dropped to -30.08% while six-month performance fell -22.78%. The stock lost -19.31% in the past year, while it has lost -22.62% so far this year. A look at the trailing 12-month EPS for DXC yields -0.43 with Next year EPS estimates of 3.42. For the next quarter, that number is 0.76. This implies an EPS growth rate of 6.97% for this year and 2.04% for next year. EPS is expected to grow by 3.63% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -36.59%.
Float and Shares Shorts:
At present, 181.04 million DXC shares are outstanding with a float of 178.08 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DXC since 8 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.05266 being high and $2.9928 being low. For DXC, this leads to a yearly average estimate of $3.02273. Based on analyst estimates, the high estimate for the next quarter is $0.88 and the low estimate is $0.69. The average estimate for the next quarter is thus $0.77.
