$1.16 EPS Expected for Dell Technologies Inc (DVMT) This Quarter

Wall Street brokerages expect that Dell Technologies Inc (NYSE:DVMT) will post earnings of $1.16 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Dell Technologies’ earnings. Dell Technologies posted earnings of $1.12 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 3.6%. The business is expected to announce its next quarterly earnings results on Thursday, June 14th.

On average, analysts expect that Dell Technologies will report full year earnings of $5.76 per share for the current financial year, with EPS estimates ranging from $5.40 to $6.11. For the next year, analysts anticipate that the firm will post earnings of $6.39 per share, with EPS estimates ranging from $5.90 to $6.87. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that cover Dell Technologies.

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Dell Technologies (NYSE:DVMT) last released its earnings results on Thursday, March 8th. The company reported $2.39 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.64 by $0.75. The company had revenue of $21.94 billion for the quarter. Dell Technologies had a negative net margin of 4.74% and a positive return on equity of 23.17%.



A number of equities research analysts have issued reports on the stock. ValuEngine lowered shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a report on Monday, April 2nd. Stifel Nicolaus lowered shares of Dell Technologies from a “buy” rating to a “hold” rating in a report on Friday, March 2nd. Wells Fargo started coverage on shares of Dell Technologies in a report on Wednesday, February 28th. They set an “outperform” rating on the stock. Deutsche Bank started coverage on shares of Dell Technologies in a research report on Wednesday, February 28th. They issued a “buy” rating and a $114.00 price objective on the stock. Finally, TheStreet raised shares of Dell Technologies from a “d-” rating to a “c-” rating in a research report on Wednesday, February 14th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. Dell Technologies currently has an average rating of “Buy” and a consensus target price of $110.00.

Dell Technologies stock traded down $1.23 during mid-day trading on Friday, reaching $72.67. 1,916,834 shares of the company’s stock were exchanged, compared to its average volume of 2,334,989. The firm has a market cap of $58,311.84, a PE ratio of 11.78, a price-to-earnings-growth ratio of 1.46 and a beta of -0.50. Dell Technologies has a twelve month low of $59.92 and a twelve month high of $92.40. The company has a quick ratio of 0.79, a current ratio of 0.85 and a debt-to-equity ratio of 2.94.

Several large investors have recently made changes to their positions in the business. Steinberg Global Asset Management increased its position in shares of Dell Technologies by 24.8% in the 4th quarter. Steinberg Global Asset Management now owns 4,731 shares of the company’s stock valued at $385,000 after purchasing an additional 941 shares during the last quarter. Pillar Pacific Capital Management LLC increased its position in shares of Dell Technologies by 1.4% in the 4th quarter. Pillar Pacific Capital Management LLC now owns 73,472 shares of the company’s stock valued at $5,972,000 after purchasing an additional 1,005 shares during the last quarter. P Schoenfeld Asset Management LP increased its position in shares of Dell Technologies by 0.3% in the 4th quarter. P Schoenfeld Asset Management LP now owns 464,214 shares of the company’s stock valued at $37,731,000 after purchasing an additional 1,239 shares during the last quarter. Court Place Advisors LLC increased its position in shares of Dell Technologies by 38.1% in the 4th quarter. Court Place Advisors LLC now owns 4,711 shares of the company’s stock valued at $383,000 after purchasing an additional 1,300 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado increased its position in shares of Dell Technologies by 3.3% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 40,369 shares of the company’s stock valued at $3,281,000 after purchasing an additional 1,308 shares during the last quarter. 23.11% of the stock is currently owned by institutional investors.

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Dell Technologies Company Profile

Dell Technologies Inc, formerly Denali Holding Inc, is a provider of information technology solutions. The Company operates through two segments: Client Solutions and Enterprise Solutions Group (ESG). The Client Solutions segment includes sales to commercial and consumer customers of desktops, thin client products and notebooks, as well as services and third-party software and peripherals closely tied to the sale of Client Solutions hardware.

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