With 1.12 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.02 million shares. The 52-week range on DXC shows that it touched its highest point at $24.83 and its lowest point at $14.78 during that stretch. It currently has a 1-year price target of $23.50. Beta for the stock currently stands at 1.63.
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 -9.32%, but this was down by -14.65% over a month. Three-month performance dropped to -17.98% while six-month performance fell -9.72%. The stock lost -15.28% in the past year, while it has lost -8.46% 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 6.94% for this year and 2.12% for next year. EPS is expected to grow by 3.77% 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 $0.67. The average estimate for the next quarter is thus $0.77.
