Dell (DELL) – Research Analysts’ Recent Ratings Updates
Dell (NASDAQ: DELL) received a number of ratings updates from brokerages and research firms in the last week:
Dell ‘s EPS estimates were cut by analysts at Jefferies Group. They now have a “hold” rating and a $13.00 price target on the stock.
Dell is now covered by analysts at Wells Fargo & Co.. They set a “market perform” rating on the stock.
Dell had its “buy” rating re-affirmed by analysts at Deutsche Bank.
Dell had its “market perform” rating re-affirmed by analysts at BMO Capital Markets.
Dell had its “hold” rating re-affirmed by analysts at Needham & Company.
Dell had its “neutral” rating re-affirmed by analysts at Sterne Agee.
About Dell Inc.:
Dell Inc. (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels. Dell is a holding company that conducts its business worldwide through its subsidiaries. The Company operates in four segments: Large Enterprise, Public, Small and Medium Business, and Consumer. The Company’s Large Enterprise customers include large global and national corporate businesses. Its Public customers, which include educational institutions, government, health care, and law enforcement agencies, operate in their own communities. Its SMB segment is focused on helping small and medium-sized businesses by offering products, services, and solutions. Its Consumer segment is focused on delivering technology experience of entertainment, mobility, gaming, and design. In February 2012, it acquired AppAssure. In April 2012, it acquired Clerity Solutions.
Dell Inc. opened at 12.68 on Thursday. Dell Inc. has a 1-year low of $11.68 and a 1-year high of $18.36. The company has a market cap of $22.177 billion and a price-to-earnings ratio of 7.24.
Dell last posted its quarterly earnings results on Tuesday, May 22nd. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.03. The company’s revenue for the quarter was down 4.0% on a year-over-year basis. Analysts expect that Dell Inc. will post $1.94 EPS for the current fiscal year.