Dell Technologies (NYSE:DELL) Releases FY25 Earnings Guidance

Dell Technologies (NYSE:DELL) issued an update on its FY25 earnings guidance on Thursday morning. 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.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Evercore ISI reiterated an outperform rating and set a $140.00 price objective on shares of Dell Technologies in a research note on Wednesday. UBS Group dropped their price target on Dell Technologies from $164.00 to $158.00 and set a buy rating for the company in a research report on Friday. JPMorgan Chase & Co. raised their price objective on Dell Technologies from $155.00 to $160.00 and gave the company an overweight rating in a report on Thursday, August 15th. Fox Advisors raised shares of Dell Technologies from an equal weight rating to an overweight rating in a report on Friday. Finally, Wells Fargo & Company decreased their price target on shares of Dell Technologies from $150.00 to $140.00 and set an overweight rating on the stock in a research note on Friday. Two equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of Moderate Buy and an average target price of $132.88.

Dell Technologies Price Performance

Dell Technologies stock opened at $115.54 on Friday. The firm has a 50 day simple moving average of $120.21 and a 200-day simple moving average of $122.22. The stock has a market cap of $81.95 billion, a price-to-earnings ratio of 23.58, a price-to-earnings-growth ratio of 1.43 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 earnings results on Thursday, August 29th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.40. Dell Technologies had a negative return on equity of 182.71% and a net margin of 4.32%. The company had revenue of $25.03 billion during the quarter, compared to analysts’ expectations of $24.14 billion. During the same quarter last year, the firm earned $1.44 earnings per share. The firm’s quarterly revenue was up 9.1% compared to the same quarter last year. Equities analysts expect that Dell Technologies will post 6.86 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 2nd. Investors of record on Tuesday, July 23rd were issued a $0.445 dividend. The ex-dividend date of this dividend was Tuesday, July 23rd. This represents a $1.78 annualized dividend and a yield of 1.54%. Dell Technologies’s dividend payout ratio (DPR) is currently 36.33%.

Insiders Place Their Bets

In related news, CEO Michael S. Dell sold 1,205,052 shares of Dell Technologies stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $131.96, for a total value of $159,018,661.92. Following the completion of the sale, the chief executive officer now owns 26,725,566 shares in the company, valued at approximately $3,526,705,689.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Dell Technologies news, CEO Michael S. Dell sold 139,419 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $136.18, for a total transaction of $18,986,079.42. Following the sale, the chief executive officer now directly owns 30,272,822 shares in the company, valued at $4,122,552,899.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael S. Dell sold 1,205,052 shares of the stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $131.96, for a total transaction of $159,018,661.92. Following the sale, the chief executive officer now directly owns 26,725,566 shares in the company, valued at approximately $3,526,705,689.36. The disclosure for this sale can be found here. Insiders sold a total of 7,058,131 shares of company stock valued at $963,293,619 over the last 90 days. 46.70% of the stock is owned by company insiders.

About Dell Technologies

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).