Dell Technologies (NYSE:DELL) Issues FY25 Earnings Guidance

Dell Technologies (NYSE:DELL) updated its FY25 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $7.55-8.05 for the period, compared to the consensus estimate of $7.68. The company issued revenue guidance of $95.5-98.5 billion, compared to the consensus revenue estimate of $96.37 billion. Dell Technologies also updated its Q3 guidance to $1.90-2.10 EPS.

Dell Technologies Stock Performance

NYSE DELL traded down $0.82 during trading on Thursday, reaching $110.74. 19,570,114 shares of the company traded hands, compared to its average volume of 10,230,156. The stock’s 50 day moving average price is $121.56 and its two-hundred day moving average price is $122.10. The company has a market cap of $78.55 billion, a price-to-earnings ratio of 22.60, a P/E/G ratio of 1.34 and a beta of 0.92. Dell Technologies has a 1-year low of $53.62 and a 1-year high of $179.70.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Thursday, May 30th. The technology company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.04. The firm had revenue of $22.24 billion during the quarter, compared to analysts’ expectations of $21.70 billion. Dell Technologies had a net margin of 4.00% and a negative return on equity of 173.72%. Equities research analysts expect that Dell Technologies will post 6.85 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 2nd. Investors of record on Tuesday, July 23rd were paid a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend was Tuesday, July 23rd. Dell Technologies’s payout ratio is presently 36.33%.

Analysts Set New Price Targets

DELL has been the topic of a number of research analyst reports. TD Cowen upped their target price on shares of Dell Technologies from $105.00 to $155.00 and gave the company a hold rating in a report on Friday, May 31st. Morgan Stanley lowered their price target on shares of Dell Technologies from $142.00 to $136.00 and set an overweight rating on the stock in a report on Thursday. Loop Capital increased their target price on shares of Dell Technologies from $125.00 to $185.00 and gave the stock a buy rating in a research report on Tuesday, May 28th. Citigroup decreased their target price on shares of Dell Technologies from $170.00 to $155.00 and set a buy rating on the stock in a research report on Thursday, August 15th. Finally, Barclays upgraded shares of Dell Technologies from an underweight rating to an equal weight rating and set a $97.00 target price on the stock in a research report on Tuesday, August 13th. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus target price of $129.00.

Insider Transactions at Dell Technologies

In related news, Director V (Gp) L.L.C. Slta sold 389,189 shares of the company’s stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $158.79, for a total transaction of $61,799,321.31. Following the sale, the director now owns 731,612 shares of the company’s stock, valued at $116,172,669.48. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, Director Iv (Gp) L.L.C. Slta sold 16,434 shares of the company’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $135.16, for a total value of $2,221,219.44. Following the completion of the sale, the director now directly owns 806,352 shares of the company’s stock, valued at $108,986,536.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 389,189 shares of the stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $158.79, for a total transaction of $61,799,321.31. Following the sale, the director now directly owns 731,612 shares of the company’s stock, valued at $116,172,669.48. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,058,131 shares of company stock valued at $963,293,619. 46.70% of the stock is currently owned by corporate insiders.

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).