Dell Technologies (DELL) to Release Quarterly Earnings on Thursday

Dell Technologies (NYSE:DELL - Get Free Report) will likely be releasing its earnings data after the market closes on Thursday, February 27th. Analysts expect Dell Technologies to post earnings of $2.53 per share and revenue of $24.59 billion for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results on Tuesday, November 26th. The technology company reported $2.15 EPS for the quarter, topping analysts' consensus estimates of $1.83 by $0.32. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The business had revenue of $24.37 billion during the quarter, compared to analysts' expectations of $24.67 billion. During the same quarter last year, the company posted $1.62 earnings per share. Dell Technologies's quarterly revenue was up 9.5% on a year-over-year basis. On average, analysts expect Dell Technologies to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Dell Technologies Stock Performance

Shares of NYSE DELL traded down $0.71 during midday trading on Friday, reaching $119.18. The company's stock had a trading volume of 2,771,773 shares, compared to its average volume of 8,201,470. Dell Technologies has a fifty-two week low of $85.40 and a fifty-two week high of $179.70. The company has a market cap of $83.48 billion, a P/E ratio of 21.12, a P/E/G ratio of 1.11 and a beta of 0.90. The business's 50 day moving average price is $113.12 and its two-hundred day moving average price is $117.42.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a $0.445 dividend. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $1.78 annualized dividend and a dividend yield of 1.49%. Dell Technologies's dividend payout ratio is 31.45%.

Insider Activity at Dell Technologies

In related news, CFO Yvonne Mcgill sold 8,000 shares of Dell Technologies stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $125.82, for a total transaction of $1,006,560.00. Following the transaction, the chief financial officer now owns 228,419 shares in the company, valued at approximately $28,739,678.58. The trade was a 3.38 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock in a transaction on Monday, December 16th. The shares were sold at an average price of $120.00, for a total transaction of $87,000.00. Following the transaction, the director now owns 23,680 shares in the company, valued at $2,841,600. The trade was a 2.97 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 937,407 shares of company stock worth $114,418,186 over the last 90 days. Company insiders own 46.70% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Citigroup lowered their target price on shares of Dell Technologies from $156.00 to $145.00 and set a "buy" rating on the stock in a report on Friday. JPMorgan Chase & Co. lowered their price objective on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 11th. Barclays lifted their target price on shares of Dell Technologies from $106.00 to $115.00 and gave the stock an "equal weight" rating in a research report on Wednesday, November 27th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Dell Technologies from $144.00 to $142.00 and set a "buy" rating on the stock in a research report on Monday, December 2nd. Finally, Wells Fargo & Company lifted their target price on shares of Dell Technologies from $140.00 to $160.00 and gave the company an "overweight" rating in a research note on Monday, November 18th. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company's stock. According to MarketBeat, Dell Technologies has an average rating of "Moderate Buy" and an average target price of $145.00.

About Dell Technologies

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).