Media stories about Dell Technologies (NYSE:DVMT) have been trending somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Dell Technologies earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.2399595675013 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- VMware’s Stock Can Drive Further if It Is Out of Reverse (msn.com)
- Pivotal Software IPO One Of The Largest From Silicon Valley This Year (finance.yahoo.com)
- Verifone soars after major announcement, Feds okay Bayer/Monsanto deal, McDonald’s plans big expansion (finance.yahoo.com)
- Dell Technologies to Hold Conference Call April 26 to Discuss New Accounting Standard (finance.yahoo.com)
Several research firms have recently weighed in on DVMT. ValuEngine downgraded Dell Technologies from a “strong-buy” rating to a “buy” rating in a report on Monday, April 2nd. Stifel Nicolaus downgraded Dell Technologies from a “buy” rating to a “hold” rating in a report on Friday, March 2nd. TheStreet raised Dell Technologies from a “d-” rating to a “c-” rating in a report on Wednesday, February 14th. Gabelli began coverage on Dell Technologies in a report on Wednesday, January 31st. They issued a “buy” rating and a $106.00 target price for the company. Finally, Wells Fargo began coverage on Dell Technologies in a report on Wednesday, February 28th. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Dell Technologies presently has a consensus rating of “Buy” and an average price target of $110.00.
NYSE DVMT traded up $1.14 on Tuesday, hitting $75.49. 917,488 shares of the company’s stock were exchanged, compared to its average volume of 2,344,378. The company has a current ratio of 0.85, a quick ratio of 0.79 and a debt-to-equity ratio of 2.94. Dell Technologies has a fifty-two week low of $59.92 and a fifty-two week high of $92.40. The stock has a market capitalization of $56,088.32, a price-to-earnings ratio of 12.17, a PEG ratio of 1.40 and a beta of -0.49.
Dell Technologies (NYSE:DVMT) last released its earnings results on Thursday, March 8th. The company reported $2.39 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.64 by $0.75. Dell Technologies had a positive return on equity of 23.17% and a negative net margin of 4.74%. The company had revenue of $21.94 billion for the quarter. equities analysts forecast that Dell Technologies will post 5.76 earnings per share for the current fiscal year.
In related news, insider David I. Goulden sold 4,700 shares of the company’s stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $87.48, for a total value of $411,156.00. Following the sale, the insider now owns 19,955 shares in the company, valued at approximately $1,745,663.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 45.00% of the company’s stock.
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About Dell Technologies
Dell Technologies Inc, formerly Denali Holding Inc, is a provider of information technology solutions. The Company operates through two segments: Client Solutions and Enterprise Solutions Group (ESG). The Client Solutions segment includes sales to commercial and consumer customers of desktops, thin client products and notebooks, as well as services and third-party software and peripherals closely tied to the sale of Client Solutions hardware.
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