Does Earnings Surprise History Hold Any Clue for Dell Stock Forecast, Price & News (NYSE:DELL)

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Earnings results for Dell Stock Forecast, Price & News (NYSE:DELL)

Dell Technologies Inc. is expected* to report earnings on 08/27/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.47. The reported EPS for the same quarter last year was $1.8900000000000001.

Dell last issued its earnings data on May 28th, 2020. The technology company reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.33. The firm had revenue of $21.90 billion for the quarter, compared to analyst estimates of $20.65 billion. Its quarterly revenue was up .0% compared to the same quarter last year. Dell has generated $5.96 earnings per share over the last year and currently has a price-to-earnings ratio of 10.0. Dell has confirmed that its next quarterly earnings report will be published on Thursday, August 27th, 2020.

Analyst Opinion on Dell Stock Forecast, Price & News (NYSE:DELL)

19 Wall Street analysts have issued ratings and price targets for Dell in the last 12 months. Their average twelve-month price target is $56.26, predicting that the stock has a possible downside of 9.44%. The high price target for DELL is $75.00 and the low price target for DELL is $35.00. There are currently 11 hold ratings and 8 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Dell has received a consensus rating of Hold. The company’s average rating score is 2.42, and is based on 8 buy ratings, 11 hold ratings, and no sell ratings. According to analysts’ consensus price target of $56.26, Dell has a forecasted downside of 9.4% from its current price of $62.13. Dell has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Dell Stock Forecast, Price & News (NYSE:DELL)

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

Insiders buying/selling: Dell Stock Forecast, Price & News (NYSE:DELL)

In the past three months, Dell insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $35,174,072.00 in company stock. 48.30% of the stock of Dell is held by insiders. A high percentage of insider ownership can be a sign of company health. Only 24.99% of the stock of Dell is held by institutions.

Earnings and Valuation of Dell Stock Forecast, Price & News (NYSE:DELL

Earnings for Dell are expected to grow by 22.86% in the coming year, from $5.38 to $6.61 per share. The P/E ratio of Dell is 9.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.25. The P/E ratio of Dell is 9.99, 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 53.56. Dell has a PEG Ratio of 0.95. PEG Ratios around 1 indicate that a company is correctly valued. Dell has a P/B Ratio of 14.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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