|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's range||102.60 - 104.10|
|52-week range||58.88 - 105.23|
|Beta (5Y monthly)||0.95|
|PE ratio (TTM)||21.53|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Dell Technologies (NYSE: DELL) shareholders are about to realize a corporate event they've been looking forward to for over a year now: the tax-free spinoff of Dell's 80.6% stake in virtualization software company VMware (NYSE: VMW). Dell's stock has already done quite well in 2021, up more than 40% on the year, in anticipation of the move. Last week, management held an analyst day, touting its outlook for the core business, as well as the future implementation of a large share repurchase plan and initiation of what looks to be a hefty future dividend.
Dell (DELL) expects to witness revenue CAGR of 3-4% and earnings CAGR of more than 6% through fiscal 2026. The company launches a share buyback plan of $5 billion.