Analysts Estimate Report : What to Look Out for Dell Technologies (NYSE:DELL)

Earnings results for Dell Technologies (NYSE:DELL)

Dell Technologies Inc. is expected* to report earnings on 08/26/2021 after market close. The report will be for the fiscal Quarter ending Jul 2021. According to Zacks Investment Research, based on 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $2.05. The reported EPS for the same quarter last year was $1.92.

Dell Technologies last posted its earnings data on May 26th, 2021. The technology company reported $2.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.58. The business had revenue of $24.50 billion for the quarter, compared to analysts’ expectations of $23.35 billion. Its revenue was up 11.6% compared to the same quarter last year. Dell Technologies has generated $8.00 earnings per share over the last year ($5.15 diluted earnings per share) and currently has a price-to-earnings ratio of 19.8. Earnings for Dell Technologies are expected to grow by 10.66% in the coming year, from $7.97 to $8.82 per share. Dell Technologies has confirmed that its next quarterly earnings report will be published on Thursday, August 26th, 2021. Dell Technologies will be holding an earnings conference call on Thursday, August 26th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Analyst Opinion on Dell Technologies (NYSE:DELL)

15 Wall Street analysts have issued ratings and price targets for Dell Technologies in the last 12 months. Their average twelve-month price target is $102.50, predicting that the stock has a possible upside of 0.43%. The high price target for DELL is $130.00 and the low price target for DELL is $79.00. There are currently 3 hold ratings and 12 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Dell Technologies has received a consensus rating of Buy. The company’s average rating score is 2.80, and is based on 12 buy ratings, 3 hold ratings, and no sell ratings. According to analysts’ consensus price target of $102.50, Dell Technologies has a forecasted upside of 0.4% from its current price of $102.06. Dell Technologies has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Dell Technologies (NYSE:DELL)

Dell Technologies does not currently pay a dividend. Dell Technologies does not have a long track record of dividend growth.

Insiders buying/selling: Dell Technologies (NYSE:DELL)

In the past three months, Dell Technologies insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $349,610,879.00 in company stock. 47.00% of the stock of Dell Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health. Only 27.67% of the stock of Dell Technologies is held by institutions.

Earnings and Valuation of Dell Technologies (NYSE:DELL

Earnings for Dell Technologies are expected to grow by 10.66% in the coming year, from $7.97 to $8.82 per share. The P/E ratio of Dell Technologies is 19.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.74. The P/E ratio of Dell Technologies is 19.82, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 36.45. Dell Technologies has a PEG Ratio of 1.05. PEG Ratios above 1 indicate that a company could be overvalued. Dell Technologies has a P/B Ratio of 10.18. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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