Sentiment for Computer Sciences Corp (NYSE:CSC)
Computer Sciences Corp (NYSE:CSC) institutional sentiment decreased to 0.65 in 2015 Q3. Its down -0.21, from 0.86 in 2015Q2. The ratio has dropped, as 164 investment managers increased or started new holdings, while 191 sold and reduced positions in Computer Sciences Corp. The investment managers in our partner’s database now have: 137.21 million shares, up from 128.43 million shares in 2015Q2. Also, the number of investment managers holding Computer Sciences Corp in their top 10 holdings decreased from 7 to 5 for a decrease of 2. Sold All: 38 Reduced: 153 Increased: 123 New Position: 41.
Computer Sciences Corporation is a global well-known provider of information technology (IT) and professional services and solutions. The company has a market cap of $4.54 billion. The Firm operates through three divisions: Global Business Services (GBS), which is a well-known provider of various technology solutions, including consulting, applications services and software; Global Infrastructure Services (GIS), which provides solutions, such as managed and virtual desktop solutions, and data center management, and North American Public Sector (NPS), which delivers IT, mission and operations-related services. It has 121.19 P/E ratio. The Company’s subsidiary, ServiceMesh Inc. (ServiceMesh), is a well-known provider of enterprise cloud management software.
The stock increased 0.03% or $0.01 on March 28, hitting $32.36. Computer Sciences Corporation (NYSE:CSC) has risen 17.69% since August 20, 2015 and is uptrending. It has outperformed by 17.62% the S&P500.
Analysts await Computer Sciences Corporation (NYSE:CSC) to reports earnings on May, 17. They expect $0.69 EPS, down 45.24% or $0.57 from last year’s $1.26 per share. CSC’s profit will be $96.80 million for 11.72 P/E if the $0.69 EPS becomes reality. After $0.71 actual EPS reported by Computer Sciences Corporation for the previous quarter, Wall Street now forecasts -2.82% negative EPS growth.
According to Zacks Investment Research, “Computer Sciences Corp. offers a broad array of professional services to clients in the global commercial and government markets and specializes in the application of advanced and complex I/T to achieve its customers’ strategic objectives. Its service offerings include outsourcing, systems integration, and I/T and management consulting and other professional services, including e-business solutions.”
Isf Management Llc holds 7.31% of its portfolio in Computer Sciences Corporation for 73,757 shares. Jana Partners Llc owns 7.33 million shares or 5.07% of their US portfolio. Moreover, Blue Harbour Group L.P. has 3.14% invested in the company for 1.64 million shares. The New York-based Bow Street Llc has invested 2.69% in the stock. Ci Global Investments Inc., a Ontario - Canada-based fund reported 1.85 million shares.#img1#
Ratings analysis reveals 24% of Computer Sciences Corporation’s analysts are positive. Out of 14 Wall Street analysts rating Computer Sciences Corporation, 4 give it “Buy”, 0 “Sell” rating, while 13 recommend “Hold”. The lowest target is $28 while the high is $42. The stock’s average target of $33.07 is 77.69% above today’s ($32.36) share price. CSC was included in 17 notes of analysts from August 4, 2015. Goldman Sachs reinitiated the shares of Computer Sciences Corporation in a note on March 9 with “Neutral” rating. Deutsche Bank maintained CSC’s stock on a September 1. Deutsche Bank has “Hold” rating and $65.0 PR. Cowen & Co initiated Computer Sciences Corporation’s stock on February 19 with “Market Perform” rating. Citigroup upgraded it ^with/to4^ “Buy” rating and $77 PT in August 7 note. Finally, SunTrust downgraded the shares of Computer Sciences Corporation to “Neutral” rating in a December 1 note.
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