Dell Technologies (DELL) Exceeds Market Returns: Some Facts to Consider

Dell Technologies (DELL) closed the latest trading day at $120.96, indicating a +0.52% change from the previous session's end. The stock outpaced the S&P 500's daily gain of 0.24%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq added 0.08%.Shares of the computer and technology services provider have appreciated by 7.88% over the course of the past month, outperforming the Computer and Technology sector's gain of 1.76% and the S&P 500's gain of 2.37%.Market participants will be closely following the financial results of Dell Technologies in its upcoming release. The company plans to announce its earnings on February 27, 2025. The company is forecasted to report an EPS of $2.52, showcasing a 14.55% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $24.66 billion, showing a 10.48% escalation compared to the year-ago quarter.Investors should also take note of any recent adjustments to analyst estimates for Dell Technologies. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 3.89% lower. Dell Technologies is currently sporting a Zacks Rank of #4 (Sell).In terms of valuation, Dell Technologies is currently trading at a Forward P/E ratio of 13.25. Its industry sports an average Forward P/E of 14, so one might conclude that Dell Technologies is trading at a discount comparatively.Also, we should mention that DELL has a PEG ratio of 0.97. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Computer - Micro Computers industry stood at 1.67 at the close of the market yesterday.The Computer - Micro Computers industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 168, finds itself in the bottom 34% echelons of all 250+ industries.The Zacks Industry Rank gauges the strength of our 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.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dell Technologies Inc. (DELL): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks