|Bid||180.20 x 800|
|Ask||182.42 x 1400|
|Day's Range||179.00 - 182.85|
|52 Week Range||117.61 - 183.41|
|Beta (3Y Monthly)||0.79|
|PE Ratio (TTM)||31.17|
|Earnings Date||May 29, 2019 - Jun 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||181.36|
Pivotal Software (PVTL) fourth-quarter fiscal 2019 results benefit from growth in subscription revenues on the back of increase in customers and services adoption.
VMware (VMW) delivered earnings and revenue surprises of 5.88% and 3.61%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
, the IT infrastructure company that is once again publicly traded. Dell currently owns 80% of VMW. When it comes to infrastructure, especially in the cloud, Dell said his company services 99% of Fortune 500 companies and has some 20,000 scientists and engineers working on research and development.
Oracle (ORCL) shares have surged roughly 18% this year to outpace the S&P 500, its industry, and fellow giants such as Amazon (AMZN). Now, with the historic tech powerhouse set to report its Q3 fiscal 2019 financial results after the closing bell Thursday, let's see what to expect.
VMW is a cloud software provider that just posted a solid quarter that included 16% revenue growth. Poonen explained that VMWare is helping to usher in the next generation of data centers. In this daily bar chart of VMW, below, we can see that prices have been in an uptrend the past 12 months.
Jim Cramer takes a look at the charts to see if the U.S. dollar could weaken and why that could benefit the market.
The Zacks Analyst Blog Highlights: salesforce.com, Booking Holdings, VMware, Marriott and HP
Shares of Pivotal Software Inc. are down nearly 6% in afternoon trading Wednesday, while shares of VMware Inc. are down about 2%, after Goldman Sachs analyst Heather Bellini downgraded both stocks. She cut her rating on Pivotal's stock to neutral from buy and lowered her rating on VMware's shares to sell from neutral. "While Pivotal Software could benefit from increasing adoption of containers and serverless computing, we believe that those trends are still in their early stages and increasingly more likely to benefit public cloud vendors," Bellini wrote. "While VMware could benefit from containers being run in virtual machines for security benefits, we expect that as container adoption matures, demand for VMs will face gradually increasing headwinds." She said that VMware's partnerships, including with Amazon.com Inc.'s [s; amzn] AWS, "are still in the early innings" though she estimates that much of the upside from such arrangements is already captured in the current stock price. Pivotal's stock has gained 14% over the past three months, as VMware shares have ticked up 4.1% and the S&P 500 has risen 3%.
Moody's Investors Service ("Moody's") assigned a Baa3 rating to the proposed senior secured notes offering co-issued by Dell International LLC (a debt issuing subsidiary of Dell Inc.) and EMC Corporation ("EMC"). All other ratings of Dell Inc. ("Dell"), Dell International LLC, and EMC remain unchanged.
dropped on Wednesday after a Goldman Sachs analyst downgraded the company to sell from neutral, though left her price target unchanged. VMware stock dropped roughly 3%, or $4.69, to $167.98 in trading on the New York Stock Exchange.
TECHTRADERDAILY BLOG Companies’ rising use of new container cloud technology could lower the demand for (VMW)’s software, according to (GS) Software analyst Heather Bellini lowered her rating for VMware stock (ticker: VMW) to Sell from Neutral, also citing the shares’ elevated valuation.
Despite the small downturn, Salesforce said it plans to double its revenue over the next four years as businesses around the world adapt to the quickly changing digital age.
NEW YORK, March 05, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
SAN FRANCISCO / RSA CONFERENCE, March 05, 2019 (GLOBE NEWSWIRE) -- This week at the RSA Conference, VMware, Inc. (VMW), detailed the company’s strategy to help organizations turn the advantage from attackers to defenders with a new security approach that focuses on applications more than infrastructure, and shrinks the attack surface rather than chasing threats. With a broadening portfolio of software-based solutions that span the cloud to the end user, VMware makes security intrinsic to the infrastructure so customers can lock down the known good behavior of applications and significantly reduce the risk to critical applications, sensitive data, and users.
SAN FRANCISCO / RSA CONFERENCE, March 05, 2019 (GLOBE NEWSWIRE) -- VMware, Inc. (VMW), today launched the new VMware Service-defined Firewall, an innovative approach to internal firewalling that reduces the attack surface for on-premises and cloud environments with security that is an intrinsic part of the infrastructure. Through the proven capabilities of VMware NSX and VMware AppDefense, the VMware Service-defined Firewall combines unprecedented application visibility and understanding of known good application behavior with intelligent, automated and adaptive firewalling capabilities to help better protect apps, data and users. “Intrinsic security is different than integrated security,” said Tom Gillis, senior vice president and general manager, networking and security business unit, VMware.
Okta's (OKTA) fourth-quarter fiscal 2019 top-line is likely to benefit from its solid customer base despite higher expenses.
Dell Technologies (DELL) fourth-quarter fiscal 2019 results benefit from customer wins and robust growth of servers but rising expenses hurt.
VMware (NYSE:VMW) has become International Business Machines' (NYSE:IBM) worst nightmare. * 7 Top-Rated Stocks to Buy for March Source: Flickr Long the leader in virtualization, VMware has made a turn toward the market IBM is now targeting. VMware looks likely to win it. Its fiscal 2019 results, , delivered Feb. 28, show the company continues growing 14% per year even as its original niche gets swallowed up by the cloud. Revenues of $8.9 billion brought net income of $2.4 billion, meaning over one-quarter of revenue hit the net income line.Sweet.InvestorPlace - Stock Market News, Stock Advice & Trading TipsVMware used its virtualization niche to build a cloud container solution that is second to none. Now an alliance with Microsoft (NASDAQ:MSFT) will end the virtualization war with Microsoft's own competing system, Hyper-V. Microsoft wants VMware customers on its Azure cloud.The result is that VMware is sitting where IBM was heading, a world where companies have both their own clouds and contracts with public cloud vendors. This is the "hybrid cloud."You want to own a piece of this, but how? The Dell Solution?VMware itself was originally a spin-off of EMC, which made data center hardware. EMC held 80% of VMware common. EMC was then bought by Dell Technologies in 2016, a deal that took Dell private. Then, late last year, DELL (NASDAQ:DELL) went public again, in a complex deal that still holds 80% of VMware,, but also the debt used to buy EMC.Basically, DELL is the old EMC, now with debt -- roughly $42.5 billion of it as of Feb. 2, but it does have that 80% stake in VMware. VMware opens for trade March 1 with a market cap of $70 billion, while DELL is worth $40 billion, making the value of all its other operations a negative $30 billion because of the debt.Small wonder, then, that investors prefer to hold VMware even though, as part of the deal to take Dell public, it paid out a huge dividend in December -- $26.81 per share. When Dell reported its earnings, also on Feb. 28, it showed $90.6 billion of revenue and almost $10.3 billion of Earnings Before Interest, Taxes, Depreciation and Amortization (EBIDTA), the big number private equity mavens love to measure. But the interest meant a GAAP loss of almost $2.2 billion, with non-GAAP net income of $5.2 billion or $1.86 per share. Buyer's DilemmaAssuming interest rates don't shoot up, DELL shares look like a great place to be, since you get 80% of VMware. But if interest rates rise, making it difficult for DELL to pay down that debt, then VMware is the play. Since Jan. 1, VMW shares are up 25%, while those of DELL are up just 14%.It's a lot like the pre-Dell situation, where VMware was a better investment than EMC despite EMC's huge stake in VMware. The whole structure had been put together by former EMC CEO Joe Tucci, and the sale of it to Michael Dell and his private equity partners allowed Tucci to retire.When DELL came public, Michael Dell was said to hold 206.5 million Class C voting shares, the same shares you can buy, but there are also privately-held Class A and B shares. Dell's public shares should be worth about $11.3 billion. Most of his personal wealth is now in MSD Capital, which also holds interests in restaurants and hotels. Forbes estimates his fortune at $36.1 billion as of March 1. The Bottom Line on VMwareAs with its old EMC structure, you'll get more "play" on your investment owning VMware shares but, ironically, more ownership with DELL shares. * 10 Best High-Growth Stocks for Young Investors History also indicates you're better off in VMware. That's where the big profits are. But the future of your investment is in the hands of DELL.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in MSFT. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Reasons Kraft Heinz Stock Is a Contrarian Buy * 5 Housing Stocks to Buy for Renewed Homebuilder Confidence * 7 of the Best ETFs to Buy for a Rock-Solid Portfolio Compare Brokers The post Buy VMware (VMW) With or Without Dell appeared first on InvestorPlace.
Jim Cramer talks with Dell CEO Michael Dell about move the company is making since making its return to public markets in late December.
Jim Cramer talks with VMware COO Sanjay Poonen about the company's performance and partnerships with telecommunication enterprises.