Stock of the Day for December 3, 2024

Dell Technologies Stock Report

Dell Technologies
DELL 90-day performance NYSE:DELL Dell Technologies
Current Price
$119.28
+0.34 (+0.29%)
(As of 05:45 PM ET)
30 Day Performance
-15.83%
  
  
90 Day Performance
-0.78%
  
  
1 Year Performance
54.39%
  
 
Market Capitalization
$83.55B
P/E Ratio
21.07
Dividend Yield
1.49%

About Dell Technologies

Dell Technologies Inc., founded in 1984, is a multinational computer technology company headquartered in Round Rock, Texas. The company designs, develops, sells, and supports personal computers, servers, data storage devices, network switches, software, and other related technologies. Consumers, small businesses, and large enterprises worldwide use Dell Technologies Inc.'s products and services.

Dell Technologies Inc. has achieved many key highlights and achievements throughout its history. In 2016, the company completed the most significant tech merger in history by acquiring EMC Corporation for $67 billion. Additionally, Dell has been recognized for its sustainability efforts, including being named to the Dow Jones Sustainability Index for several consecutive years.

Michael Dell is the founder and Chief Executive Officer of Dell Technologies Inc. He has been with the company since its inception in 1984, leading it through many changes and challenges. Jeff Clarke is the Vice Chairman and Chief Operating Officer, responsible for global operations, customer support, and supply chain management. 

Dell Technologies Inc. has reported healthy financial results in recent years. With average revenue in the billions of dollars and a 1 - 3% increase yearly for several years. The company's average gross profit margin stays between 25 to 35%. Depending on the year, Dell Technologies Inc. maintains debt levels either slightly below or above its current assets. Dell Technologies Inc.'s price-to-earnings ratio and price-to-book ratios are slightly below the industry average, indicating that Dell Technologies Inc.'s stock is undervalued compared to its peers. Dell Technologies Inc.'s stock performance has been strong recently but became volatile in Q1 of 2022 amid investor fears of a recession. Despite these issues, Dell Technologies Inc.'s stock price is still positive, over 80% in a five-year timeframe. Dell Technologies Inc.'s stock has also outperformed the broader market, with the S&P 500 increasing by approximately 60% over the same period.

Dell Technologies Inc. operates in the highly competitive computer technology industry. The industry is characterized by rapid technological advancements, changing consumer preferences, and intense competition. Dell Technologies Inc.'s main competitors include HP Inc., Lenovo Group Limited, and Apple Inc.

One trend that is impacting the industry is the shift toward mobile computing. Consumers are increasingly using smartphones and tablets instead of traditional personal computers. This trend has led to declining sales of personal computers and increased competition in the mobile computing space.

Another trend impacting the industry is the increasing importance of data privacy and security. Consumers are becoming more aware of the risks associated with data breaches and are demanding more secure devices and services. This trend has led to increased investment in cybersecurity by companies in the industry.

Dell Technologies Inc. has several potential growth opportunities. One area of focus is the Internet of Things (IoT). Dell Technologies Inc. has developed a suite of IoT solutions and services that help customers manage and analyze the data generated by connected devices. This market is expected to grow rapidly in the coming years.

Another growth opportunity for Dell Technologies Inc. is the expanding market for cloud computing. The company has invested heavily in cloud infrastructure and services and has partnered with major cloud providers such as Microsoft Azure and Amazon Web Services. As more businesses move their computing infrastructure to the cloud, Dell Technologies Inc. is well-positioned to benefit from this trend.

Despite its many strengths, Dell Technologies Inc. faces several potential risks and challenges. One key challenge for the company is the ongoing decline in the personal computer market. As consumers shift towards mobile devices, sales of personal computers are likely to continue to decline. Dell Technologies Inc. will need to adapt to this changing market to remain competitive.

Another risk for Dell Technologies Inc. is the intense competition in the computer technology industry. The company faces competition from established players like HP and Lenovo and newer entrants like Google and Apple. To remain competitive, Dell Technologies Inc. must continue to invest in research and development and develop new products and services.

Dell Technologies Inc. faces potential risks from changing regulatory and political environments. The company operates in many countries worldwide, and changes in regulations or political instability in key markets could impact its operations. Dell Technologies Inc. may also face increased regulatory scrutiny regarding data privacy and cybersecurity issues.

DELL Company Calendar

OCT. 22, 2024
Ex-Dividend for 11/1 Dividend
NOV. 1, 2024
Dividend Payable
NOV. 26, 2024
Last Earnings
DEC. 26, 2024
Today
JAN. 22, 2025
Ex-Dividend for 1/31 Dividend
JAN. 31, 2025
Dividend Payable
JAN. 31, 2025
Fiscal Year End

Recent Dell Technologies News

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This report was written by MarketBeat.com on December 3, 2024 and updated on December 26, 2024. This report first appeared on MarketBeat.com.