Dell Technologies (NYSE:DELL) Updates Q4 Earnings Guidance

Dell Technologies (NYSE:DELL) updated its fourth quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $2.40-2.60 for the period, compared to the consensus 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 %

Shares of DELL opened at $141.71 on Wednesday. The stock has a 50 day simple moving average of $126.91 and a 200-day simple moving average of $126.97. The stock has a market cap of $99.54 billion, a PE ratio of 26.05, a PEG ratio of 1.51 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 (NYSE:DELL) last issued its quarterly earnings data on Tuesday, November 26th. The technology company reported $2.15 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.32. Dell Technologies had a net margin of 4.32% and a negative return on equity of 178.09%. The firm had revenue of $24.37 billion for the quarter, compared to analysts’ expectations of $24.67 billion. During the same period in the prior year, the firm earned $1.62 earnings per share. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. On average, sell-side analysts forecast that Dell Technologies will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed 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 of this dividend was Tuesday, October 22nd. Dell Technologies’s payout ratio is presently 32.72%.

Analyst Ratings Changes

Several research firms recently weighed in on DELL. UBS Group dropped their price objective on shares of Dell Technologies from $164.00 to $158.00 and set a “buy” rating for the company in a research report on Friday, August 30th. Fox Advisors upgraded Dell Technologies from an “equal weight” rating to an “overweight” rating in a research report on Friday, August 30th. Deutsche Bank Aktiengesellschaft initiated coverage on Dell Technologies in a report on Friday, September 27th. They issued a “buy” rating and a $144.00 price target on the stock. Evercore ISI reissued an “outperform” rating and set a $150.00 price objective on shares of Dell Technologies in a report on Wednesday, November 20th. Finally, Sanford C. Bernstein cut their price objective on shares of Dell Technologies from $155.00 to $140.00 and set an “outperform” 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. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $146.50.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, CEO Michael S. Dell sold 221,460 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The stock was 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 directly owns 20,190,781 shares in the company, valued at $2,060,873,016.67. This trade represents a 1.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Yvonne Mcgill sold 8,000 shares of the company’s 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 sale, the chief financial officer now owns 236,419 shares in the company, valued at approximately $33,864,657.56. This represents a 3.27 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 17,962,112 shares of company stock worth $2,114,595,059. Corporate insiders own 46.70% of the company’s stock.

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).