- Perspecta is a government IT contractor with its ancestry traceable to DXC Technology / Computer Sciences Corporation.
- Spun out and IPO'd in 2018, the company counts a number of activist hedge funds in its shareholder base and we believe a sale could be in the works.
- We review the company's numbers below. Fundamentals are OK, not great - our anticipation of upside is based solely on a sale or similar catalyst resulting from the activist positions.
- The stock is in our M&A Hit List as a result.
For further details see:
Perspecta Joins Our M&A Hit List - We View The Stock As A Speculative Buy