Dell Shares Slide 1.5% as Forward P/E Hits 11.2x Ahead of Q4 Earnings
Dell Technologies shares fell 1.47% on Feb 11, lagging the S&P 500’s 0.01% drop and underperforming its sector despite a 5.31% gain over the past month. The company forecasts $3.54 EPS and $31.88 billion revenue for Q4, with a forward P/E of 11.17x and Zacks Rank #4.
1. Stock Performance
On February 11, Dell Technologies shares closed at $124.16, down 1.47%, underperforming the S&P 500’s 0.01% dip and outpaced by sector peers despite a 5.31% rally over the past month against a 1.54% sector decline.
2. Upcoming Earnings Outlook
Dell is set to release its Q4 earnings on February 26, with consensus estimates calling for $3.54 in EPS, up 32.1% year-over-year, and revenue of $31.88 billion, marking a 33.2% increase from the same quarter last year.
3. Valuation and Analyst Rating
The stock trades at a forward P/E of 11.17x versus an industry average of 10.96x and carries a PEG ratio of 0.68 against the industry’s 0.62. Dell holds a Zacks Rank #4 (Sell) after a 0.2% downward revision in its consensus EPS estimate over the past month.