Media headlines about Dell Technologies (NYSE:DVMT) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dell Technologies earned a news impact score of 0.18 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.472783278662 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Michael Dell’s Lesson for Elon Musk: Going Private Isn’t a Cure-All (msn.com)
- Tesla Is ‘a Long Way From Dell,’ Says GSO Capital’s Dwight Scott (finance.yahoo.com)
- Michael Dell’s Lesson for Elon Musk: Going Private Isn’t a Cure-All (finance.yahoo.com)
- Dell gives investors a look at its post-private future (irishtimes.com)
- Dell projects revenue boost as it aims to win support to go public (businesstech.co.za)
Dell Technologies opened at $94.15 on Thursday, according to Marketbeat Ratings. Dell Technologies has a fifty-two week low of $62.73 and a fifty-two week high of $96.15. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.87 and a current ratio of 0.93. The stock has a market cap of $71.89 billion, a P/E ratio of 15.26 and a beta of -0.17.
Dell Technologies (NYSE:DVMT) last posted its quarterly earnings data on Monday, June 4th. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.08. The business had revenue of $21.36 billion during the quarter. Dell Technologies had a negative net margin of 3.69% and a positive return on equity of 27.01%.
DVMT has been the topic of several research reports. Deutsche Bank boosted their price objective on shares of Dell Technologies from $114.00 to $120.00 and gave the company a “buy” rating in a research report on Tuesday, June 5th. ValuEngine raised shares of Dell Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, July 12th. Zacks Investment Research cut shares of Dell Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 14th. Finally, Wells Fargo & Co reiterated an “outperform” rating and issued a $105.00 price target on shares of Dell Technologies in a research note on Tuesday, July 3rd. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $108.50.
About Dell Technologies
Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports information technology (IT) products and services worldwide. It operates through three segments: Client Solutions Group (CSG), Infrastructure Solutions Group (ISG), and VMware. The CSG segment offers hardware, such as desktop personal computers, notebooks, and workstations; and branded peripherals, including monitors and projectors; third-party software and peripherals; and attached software, peripherals, and services comprising support and deployment, configuration, and extended warranty services.
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