DXC Stock Summary and Trading Ideas (DXC Technology Company Common | NYSE:DXC)

DXC Technology Co is a vendor-independent IT services provider. The company's operating segment includes Global Business Services (GBS) and Global Infrastructure Services (GIS). It generates maximum revenue from the GIS segment. GIS offerings include Cloud and Security; IT Outsourcing and Modern Workplace. Geographically, it derives a majority of revenue from the Other Europe region.

DXC Technology Company Common trades on the NYSE stock market under the symbol DXC.

As of April 24, 2024, DXC stock price declined to $21.03 with 1,339,991 million shares trading.

DXC has a beta of 1.96, meaning it tends to be more sensitive to market movements. DXC has a correlation of 0.27 to the broad based SPY ETF.

DXC has a market cap of $4.43 billion. This is considered a Mid Cap stock.

Last quarter DXC Technology Company Common reported $3 billion in Revenue and $.87 earnings per share. This beat revenue expectation by $39 million and exceeded earnings estimates by $.10.

In the last 3 years, DXC stock traded as high as $44.18 and as low as $18.61.

The top ETF exchange traded funds that DXC belongs to (by Net Assets): IJR, CALF, COWZ, VTI, VB.

DXC has underperformed the market in the last year with a price return of -12.8% while the SPY ETF gained +24.2%. DXC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -9.0% and -4.8%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

DXC support price is $20.72 and resistance is $21.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DXC stock will trade within this expected range on the day.