Somewhat Favorable News Coverage Somewhat Unlikely to Impact Dell Technologies (DVMT) Stock Price

News headlines about Dell Technologies (NYSE:DVMT) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dell Technologies earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.3731405438917 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Accern’s scoring:

Get Dell Technologies alerts: Dell Has Hard Sell With Planned Buyout of Tracking Stock (barrons.com) [$$] Dell Has Hard Sell With Planned Buyout of Tracking Stock (finance.yahoo.com) [$$] BlackRock, Other Big Investors Have Misgivings About Dell Offer (finance.yahoo.com) Kaskela Law LLC Announces Investigation on Behalf of DVMT Stockholders (finance.yahoo.com) Advice for Michael Dell: It��s a good idea to have a working customer phone number (finance.yahoo.com)

Several research analysts have recently weighed in on DVMT shares. ValuEngine downgraded shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a research note on Monday, April 2nd. Zacks Investment Research upgraded shares of Dell Technologies from a “hold” rating to a “strong-buy” rating and set a $83.00 target price for the company in a research note on Tuesday, May 1st. Wells Fargo & Co restated an “outperform” rating and issued a $105.00 target price on shares of Dell Technologies in a research note on Tuesday, July 3rd. Finally, Deutsche Bank upped their target price on shares of Dell Technologies from $114.00 to $120.00 and gave the company a “buy” rating in a research note on Tuesday, June 5th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $108.50.

Shares of Dell Technologies opened at $94.09 on Thursday, MarketBeat Ratings reports. The firm has a market capitalization of $72.04 billion, a PE ratio of 15.25, a PEG ratio of 1.66 and a beta of -0.34. The company has a quick ratio of 0.87, a current ratio of 0.93 and a debt-to-equity ratio of 2.64. Dell Technologies has a twelve month low of $60.98 and a twelve month high of $96.15.

Dell Technologies (NYSE:DVMT) last announced its earnings results on Monday, June 4th. The company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.08. Dell Technologies had a negative net margin of 3.69% and a positive return on equity of 27.01%. The business had revenue of $21.36 billion during the quarter. research analysts predict that Dell Technologies will post 6.25 EPS for the current year.

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.