Does Earnings Surprise History Hold Any Clue for Perspecta (NYSE:PRSP)

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Earnings results for Perspecta (NYSE:PRSP)

Perspecta Inc. is expected* to report earnings on 11/10/2020 after market close. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.47. The reported EPS for the same quarter last year was $0.48.

Perspecta last issued its quarterly earnings results on August 6th, 2020. The reported $0.43 EPS for the quarter, meeting analysts’ consensus estimates of $0.43. The firm earned $1.11 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Perspecta has generated $2.05 earnings per share over the last year.

Analyst Opinion on Perspecta (NYSE:PRSP)

Dividend Strength: Perspecta (NYSE:PRSP)

Perspecta has a dividend yield of 1.43%, which is in the bottom 25% of all stocks that pay dividends. Perspecta has only been increasing its dividend for 1 years. The dividend payout ratio of Perspecta is 13.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Perspecta will have a dividend payout ratio of 15.56% next year. This indicates that Perspecta will be able to sustain or increase its dividend.

Insiders buying/selling: Perspecta (NYSE:PRSP)

In the past three months, Perspecta insiders have not sold or bought any company stock. Only 14.80% of the stock of Perspecta is held by insiders. 79.45% of the stock of Perspecta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Perspecta (NYSE:PRSP

Earnings for Perspecta are expected to decrease by -5.26% in the coming year, from $1.90 to $1.80 per share. The P/E ratio of Perspecta is -5.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Perspecta is -5.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Perspecta has a P/B Ratio of 2.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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