Dell Technologies (DELL) to Release Earnings on Tuesday

Dell Technologies (NYSE:DELL - Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Tuesday, November 26th. Analysts expect Dell Technologies to post earnings of $1.83 per share for the quarter. Dell Technologies has set its FY25 guidance at $7.55-8.05 EPS and its Q3 guidance at $1.90-2.10 EPS.Individual that are interested in registering for the company's earnings conference call can do so using this link.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its earnings results on Thursday, August 29th. The technology company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.40. Dell Technologies had a net margin of 4.32% and a negative return on equity of 178.09%. The company had revenue of $25.03 billion for the quarter, compared to analyst estimates of $24.14 billion. During the same period in the previous year, the business posted $1.44 EPS. Dell Technologies's revenue was up 9.1% on a year-over-year basis. On average, analysts expect Dell Technologies to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Dell Technologies Stock Performance

Shares of NYSE:DELL traded down $0.11 during trading hours on Tuesday, reaching $135.90. The stock had a trading volume of 5,183,719 shares, compared to its average volume of 10,044,689. The firm's 50 day moving average is $123.63 and its 200-day moving average is $126.55. The stock has a market capitalization of $95.45 billion, a price-to-earnings ratio of 24.64, a P/E/G ratio of 1.39 and a beta of 0.89. Dell Technologies has a 1 year low of $67.51 and a 1 year high of $179.70.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 22nd were given a dividend of $0.445 per share. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.31%. Dell Technologies's payout ratio is 32.72%.

Insider Buying and Selling

In other Dell Technologies news, CEO Michael S. Dell sold 1,839,959 shares of the company's stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $106.68, for a total value of $196,286,826.12. Following the transaction, the chief executive officer now directly owns 18,350,822 shares of the company's stock, valued at $1,957,665,690.96. This represents a 9.11 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the company's stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $129.50, for a total value of $93,887.50. Following the sale, the director now owns 23,680 shares of the company's stock, valued at approximately $3,066,560. This trade represents a 2.97 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 17,954,112 shares of company stock valued at $2,113,449,139. Insiders own 46.70% of the company's stock.

Wall Street Analysts Forecast Growth

DELL has been the topic of several recent analyst reports. Barclays boosted their price target on Dell Technologies from $97.00 to $106.00 and gave the stock an "equal weight" rating in a research note on Friday, August 30th. Bank of America increased their target price on shares of Dell Technologies from $150.00 to $155.00 and gave the company a "buy" rating in a research note on Friday, August 30th. TD Cowen lowered their price target on shares of Dell Technologies from $155.00 to $128.00 and set a "hold" rating for the company in a report on Friday, August 30th. UBS Group cut their price objective on shares of Dell Technologies from $164.00 to $158.00 and set a "buy" rating on the stock in a research report on Friday, August 30th. Finally, Sanford C. Bernstein cut their price objective on shares of Dell Technologies from $155.00 to $140.00 and set an "outperform" rating for the company in a report on Friday, August 30th. Three investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat, Dell Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $145.88.

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).