Why Computer Sciences Corp (CSC) Stock Is Gaining Today

NEW YORK (TheStreet) -- Computer Sciences Corp (CSC) stock is gaining Friday after the company beat fourth-quarter earnings estimates. 

By early afternoon, shares had added 9.8% to $63.73. 

Over the three months to March, the company earned $1.09 a share, a nickel higher than analysts surveyed by Thomson Reuters expected. Revenue of $3.3 billion was inline with analysts' estimates.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings team rates COMPUTER SCIENCES CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate COMPUTER SCIENCES CORP (CSC) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you liked this article you might like

HP Enterprise's Earnings Were Encouraging, but It Still Has Much to Prove

Now Meg Whitman Must Deal With This Wolf Pack at Hewlett Packard Enterprise

Top Earnings Takeaways for HP Enterprise, Palo Alto Networks, Box and Ciena

Top Earnings Takeaways for HP Enterprise, Palo Alto Networks, Box and Ciena

Inside the Numbers: How Reliant Is the U.S. Tech Industry on H-1B Visas?