Dell Technologies (DELL) Set to Announce Quarterly Earnings on Tuesday

Dell Technologies (NYSE:DELL) will be posting its quarterly earnings results after the market closes on Tuesday, November 26th. Analysts expect the company to announce 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.Investors that are interested in registering for the company’s conference call can do so using this link.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Thursday, August 29th. The technology company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. Dell Technologies had a negative return on equity of 178.09% and a net margin of 4.32%. The firm had revenue of $25.03 billion during the quarter, compared to analysts’ expectations of $24.14 billion. During the same quarter last year, the firm earned $1.44 EPS. The business’s quarterly 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 Up 3.8 %

DELL opened at $144.21 on Monday. The company has a market cap of $101.29 billion, a P/E ratio of 26.51, a price-to-earnings-growth ratio of 1.46 and a beta of 0.89. The firm’s 50-day moving average price is $125.84 and its 200-day moving average price is $126.82. Dell Technologies has a 52-week low of $67.51 and a 52-week high of $179.70.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 1st. Shareholders 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 yield of 1.23%. Dell Technologies’s dividend payout ratio is currently 32.72%.

Insider Activity

In related news, CEO Michael S. Dell sold 221,460 shares of Dell Technologies stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $102.07, for a total value of $22,604,422.20. Following the completion of the transaction, the chief executive officer now owns 20,190,781 shares in the company, valued at approximately $2,060,873,016.67. The trade was a 1.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider William F. Scannell sold 42,595 shares of the company’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of $117.29, for a total value of $4,995,967.55. Following the sale, the insider now directly owns 73,263 shares in the company, valued at $8,593,017.27. This represents a 36.76 % 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. 46.70% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

DELL has been the topic of several recent research reports. Susquehanna initiated coverage on shares of Dell Technologies in a report on Tuesday, September 10th. They issued a “neutral” rating and a $120.00 price target on the stock. Sanford C. Bernstein dropped their target price on Dell Technologies from $155.00 to $140.00 and set an “outperform” rating on the stock in a report on Friday, August 30th. Evercore ISI restated an “outperform” rating and issued a $150.00 price objective on shares of Dell Technologies in a research report on Wednesday, November 20th. Mizuho began coverage on shares of Dell Technologies in a research note on Tuesday, September 17th. They issued an “outperform” rating and a $135.00 target price for the company. Finally, Morgan Stanley raised their price target on shares of Dell Technologies from $136.00 to $154.00 and gave the company an “overweight” rating in a research report on Monday, November 11th. Three investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $146.50.

Dell Technologies Company Profile

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).