We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
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) Outpaces Stock Market Gains: What You Should Know
Read MoreHide Full Article
Dell Technologies (DELL - Free Report) closed the most recent trading day at $44.95, moving +0.74% from the previous trading session. This change outpaced the S&P 500's 0.14% gain on the day. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, added 0.68%.
Prior to today's trading, shares of the computer and technology services provider had lost 45% over the past month. This has lagged the Computer and Technology sector's gain of 8.09% and the S&P 500's gain of 9.43% in that time.
Investors will be hoping for strength from DELL as it approaches its next earnings release, which is expected to be March 14, 2019. On that day, DELL is projected to report earnings of $1.91 per share, which would represent a year-over-year decline of 20.08%.
For the full year, our Zacks Consensus Estimates are projecting earnings of $6.57 per share and revenue of $89.86 billion, which would represent changes of +6.48% and +14.24%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for DELL. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 5.38% higher. DELL is currently sporting a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, DELL is holding a Forward P/E ratio of 6.8. This valuation marks a discount compared to its industry's average Forward P/E of 23.67.
It is also worth noting that DELL currently has a PEG ratio of 0.57. 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. DELL's industry had an average PEG ratio of 1.46 as of yesterday's close.
The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 16, putting it in the top 7% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow DELL in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Dell Technologies (DELL) Outpaces Stock Market Gains: What You Should Know
Dell Technologies (DELL - Free Report) closed the most recent trading day at $44.95, moving +0.74% from the previous trading session. This change outpaced the S&P 500's 0.14% gain on the day. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, added 0.68%.
Prior to today's trading, shares of the computer and technology services provider had lost 45% over the past month. This has lagged the Computer and Technology sector's gain of 8.09% and the S&P 500's gain of 9.43% in that time.
Investors will be hoping for strength from DELL as it approaches its next earnings release, which is expected to be March 14, 2019. On that day, DELL is projected to report earnings of $1.91 per share, which would represent a year-over-year decline of 20.08%.
For the full year, our Zacks Consensus Estimates are projecting earnings of $6.57 per share and revenue of $89.86 billion, which would represent changes of +6.48% and +14.24%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for DELL. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 5.38% higher. DELL is currently sporting a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, DELL is holding a Forward P/E ratio of 6.8. This valuation marks a discount compared to its industry's average Forward P/E of 23.67.
It is also worth noting that DELL currently has a PEG ratio of 0.57. 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. DELL's industry had an average PEG ratio of 1.46 as of yesterday's close.
The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 16, putting it in the top 7% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow DELL in the coming trading sessions, be sure to utilize Zacks.com.