Dell Technologies (NYSE:DELL) Issues Q4 Earnings Guidance

Dell Technologies (NYSE:DELL) updated its fourth quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $2.40-2.60 for the period, compared to the consensus earnings per share estimate of $2.65. The company issued revenue guidance of $24-25 billion, compared to the consensus revenue estimate of $25.59 billion. Dell Technologies also updated its FY 2025 guidance to 7.710-7.910 EPS.

Dell Technologies Trading Down 1.7 %

DELL stock opened at $141.71 on Wednesday. Dell Technologies has a 12-month low of $67.51 and a 12-month high of $179.70. The stock’s 50 day simple moving average is $126.91 and its 200 day simple moving average is $126.97. The firm has a market cap of $99.54 billion, a P/E ratio of 26.05, a P/E/G ratio of 1.51 and a beta of 0.89.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 26th. The technology company reported $2.15 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.32. The company had revenue of $24.37 billion during the quarter, compared to the consensus estimate of $24.67 billion. Dell Technologies had a negative return on equity of 178.09% and a net margin of 4.32%. Dell Technologies’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.62 earnings per share. On average, research analysts forecast that Dell Technologies will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd were given a $0.445 dividend. This represents a $1.78 annualized dividend and a yield of 1.26%. The ex-dividend date was Tuesday, October 22nd. Dell Technologies’s dividend payout ratio (DPR) is 32.72%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on DELL. JPMorgan Chase & Co. raised their price target on Dell Technologies from $155.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, August 15th. Deutsche Bank Aktiengesellschaft initiated coverage on Dell Technologies in a research note on Friday, September 27th. They issued a “buy” rating and a $144.00 price objective on the stock. Fox Advisors upgraded shares of Dell Technologies from an “equal weight” rating to an “overweight” rating in a research report on Friday, August 30th. Bank of America upped their target price on Dell Technologies from $150.00 to $155.00 and gave the company a “buy” rating in a report on Friday, August 30th. Finally, TD Cowen cut their price target on shares of Dell Technologies from $155.00 to $128.00 and set a “hold” rating on the stock in a report on Friday, August 30th. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $146.50.

Insider Activity at Dell Technologies

In other news, CFO Yvonne Mcgill sold 8,000 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $143.24, for a total value of $1,145,920.00. Following the completion of the sale, the chief financial officer now directly owns 236,419 shares of the company’s stock, valued at approximately $33,864,657.56. This represents a 3.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $132.28, for a total transaction of $95,903.00. Following the completion of the sale, the director now owns 23,680 shares in the company, valued at approximately $3,132,390.40. The trade was a 2.97 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 17,962,112 shares of company stock worth $2,114,595,059. 46.70% of the stock is owned by insiders.

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).