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.
Dell Technologies (DELL) Registers a Bigger Fall Than the Market: Important Facts to Note
Read MoreHide Full Article
In the latest close session, Dell Technologies (DELL - Free Report) was down 3.29% at $334.91. This move lagged the S&P 500's daily loss of 0.38%. Meanwhile, the Dow experienced a drop of 0.3%, and the technology-dominated Nasdaq saw a decrease of 0.74%.
Prior to today's trading, shares of the computer and technology services provider had lost 39.96% lagged the Computer and Technology sector's loss of 13.13% and the S&P 500's loss of 3.31%.
Investors will be eagerly watching for the performance of Dell Technologies in its upcoming earnings disclosure. The company is forecasted to report an EPS of $6.63, showcasing a 155.98% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $50.63 billion, up 87.47% from the prior-year quarter.
DELL's full-year Zacks Consensus Estimates are calling for earnings of $26.09 per share and revenue of $195.68 billion. These results would represent year-over-year changes of +153.3% and +72.35%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Dell Technologies. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Dell Technologies presently features a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, Dell Technologies is holding a Forward P/E ratio of 13.27. This expresses no noticeable deviation compared to the average Forward P/E of 13.27 of its industry.
Investors should also note that DELL has a PEG ratio of 0.35 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Computer - Micro Computers industry had an average PEG ratio of 1.54.
The Computer - Micro Computers industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 70, which puts it in the top 29% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Dell Technologies (DELL) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest close session, Dell Technologies (DELL - Free Report) was down 3.29% at $334.91. This move lagged the S&P 500's daily loss of 0.38%. Meanwhile, the Dow experienced a drop of 0.3%, and the technology-dominated Nasdaq saw a decrease of 0.74%.
Prior to today's trading, shares of the computer and technology services provider had lost 39.96% lagged the Computer and Technology sector's loss of 13.13% and the S&P 500's loss of 3.31%.
Investors will be eagerly watching for the performance of Dell Technologies in its upcoming earnings disclosure. The company is forecasted to report an EPS of $6.63, showcasing a 155.98% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $50.63 billion, up 87.47% from the prior-year quarter.
DELL's full-year Zacks Consensus Estimates are calling for earnings of $26.09 per share and revenue of $195.68 billion. These results would represent year-over-year changes of +153.3% and +72.35%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Dell Technologies. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Dell Technologies presently features a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, Dell Technologies is holding a Forward P/E ratio of 13.27. This expresses no noticeable deviation compared to the average Forward P/E of 13.27 of its industry.
Investors should also note that DELL has a PEG ratio of 0.35 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Computer - Micro Computers industry had an average PEG ratio of 1.54.
The Computer - Micro Computers industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 70, which puts it in the top 29% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.