Dell Technologies (NYSE:DELL) Releases FY25 Earnings Guidance

Dell Technologies (NYSE:DELL) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $7.55-8.05 for the period, compared to the consensus EPS 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.

Wall Street Analyst Weigh In

Several research firms recently commented on DELL. Bank of America boosted their price objective on shares of Dell Technologies from $150.00 to $155.00 and gave the stock a buy rating in a research report on Friday. Raymond James lowered their target price on Dell Technologies from $166.00 to $160.00 and set an outperform rating on the stock in a report on Friday. Loop Capital boosted their price objective on shares of Dell Technologies from $125.00 to $185.00 and gave the company a buy rating in a research report on Tuesday, May 28th. Wells Fargo & Company decreased their target price on shares of Dell Technologies from $150.00 to $140.00 and set an overweight rating on the stock in a research report on Friday. Finally, Morgan Stanley lowered their price objective on Dell Technologies from $142.00 to $136.00 and set an overweight rating for the company in a research report on Thursday. Two equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of Moderate Buy and a consensus target price of $133.50.

Dell Technologies Trading Up 3.2 %

NYSE:DELL traded up $3.52 during mid-day trading on Friday, hitting $114.26. The company had a trading volume of 21,636,052 shares, compared to its average volume of 10,298,270. The firm has a market capitalization of $81.05 billion, a price-to-earnings ratio of 23.84, a PEG 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. The business has a fifty day simple moving average of $121.56 and a 200-day simple moving average of $122.10.

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

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 2nd. Investors of record on Tuesday, July 23rd were given a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend was Tuesday, July 23rd. Dell Technologies’s dividend payout ratio is currently 36.33%.

Insider Buying and Selling at Dell Technologies

In related news, Director Lake Group L.L.C. Silver sold 25,381 shares of the business’s stock in a transaction dated Tuesday, July 16th. The shares were sold at an average price of $134.42, for a total transaction of $3,411,714.02. Following the completion of the sale, the director now owns 787,669 shares of the company’s stock, valued at approximately $105,878,466.98. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, CEO Michael S. Dell sold 139,419 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $136.18, for a total value of $18,986,079.42. Following the sale, the chief executive officer now owns 30,272,822 shares of the company’s stock, valued at approximately $4,122,552,899.96. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Lake Group L.L.C. Silver sold 25,381 shares of the company’s stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of $134.42, for a total value of $3,411,714.02. Following the transaction, the director now owns 787,669 shares of the company’s stock, valued at $105,878,466.98. The disclosure for this sale can be found here. Insiders sold a total of 7,058,131 shares of company stock worth $963,293,619 over the last 90 days. 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).