We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here's Why Dell Technologies (DELL) Fell More Than Broader Market
Read MoreHide Full Article
Dell Technologies (DELL - Free Report) closed the most recent trading day at $452.81, moving -6.81% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 1.21%. Meanwhile, the Dow gained 0.02%, and the Nasdaq, a tech-heavy index, lost 2.6%.
Coming into today, shares of the computer and technology services provider had lost 11.63% in the past month. In that same time, the Computer and Technology sector lost 3.87%, while the S&P 500 lost 0.03%.
Analysts and investors alike will be keeping a close eye on the performance of Dell Technologies in its upcoming earnings disclosure. The company is predicted to post an EPS of $6.63, indicating a 155.98% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $50.63 billion, indicating a 87.47% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $26.09 per share and revenue of $195.68 billion, indicating changes of +153.3% and +72.35%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Dell Technologies. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, Dell Technologies boasts a Zacks Rank of #1 (Strong Buy).
Valuation is also important, so investors should note that Dell Technologies has a Forward P/E ratio of 18.62 right now. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 18.62.
We can additionally observe that DELL currently boasts a PEG ratio of 0.48. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Computer - Micro Computers stocks are, on average, holding a PEG ratio of 1.63 based on yesterday's closing prices.
The Computer - Micro Computers industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 24, placing it within the top 10% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Here's Why Dell Technologies (DELL) Fell More Than Broader Market
Dell Technologies (DELL - Free Report) closed the most recent trading day at $452.81, moving -6.81% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 1.21%. Meanwhile, the Dow gained 0.02%, and the Nasdaq, a tech-heavy index, lost 2.6%.
Coming into today, shares of the computer and technology services provider had lost 11.63% in the past month. In that same time, the Computer and Technology sector lost 3.87%, while the S&P 500 lost 0.03%.
Analysts and investors alike will be keeping a close eye on the performance of Dell Technologies in its upcoming earnings disclosure. The company is predicted to post an EPS of $6.63, indicating a 155.98% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $50.63 billion, indicating a 87.47% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $26.09 per share and revenue of $195.68 billion, indicating changes of +153.3% and +72.35%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Dell Technologies. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, Dell Technologies boasts a Zacks Rank of #1 (Strong Buy).
Valuation is also important, so investors should note that Dell Technologies has a Forward P/E ratio of 18.62 right now. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 18.62.
We can additionally observe that DELL currently boasts a PEG ratio of 0.48. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Computer - Micro Computers stocks are, on average, holding a PEG ratio of 1.63 based on yesterday's closing prices.
The Computer - Micro Computers industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 24, placing it within the top 10% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.