|Bid||152.60 x 800|
|Ask||0.00 x 1200|
|Day's Range||154.14 - 156.38|
|52 Week Range||90.76 - 165.00|
|PE Ratio (TTM)||50.51|
|Earnings Date||Aug 22, 2018 - Aug 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||160.45|
Dell Technologies Inc. seems to be taking a Donald Trump-like approach to determining its self-worth: bold statements, and not a lot of information to back them up. This month, the computer and software giant announced a complicated plan to re-enter the public market about five years after its buyout by founder Michael Dell and Silver Lake. Dell is saddled with a boatload of debt and a messy capital structure, making a traditional IPO difficult.
WallStEquities.com has initiated research reports on the following Technical & System Software stocks: ACI Worldwide Inc. (NASDAQ: ACIW), Autodesk Inc. (NASDAQ: ADSK), USA Technologies Inc. (NASDAQ: USAT), and VMware Inc. (NYSE: VMW). Naples, Florida headquartered ACI Worldwide Inc.’s stock finished Monday’s session 0.23% lower at $26.24 with a total trading volume of 300,125 shares.
On Friday afternoon, The Information reported that Amazon Web Services (AWS), which has long been using internally-designed networking gear in its own data centers, is thinking about selling its own data center switches to businesses. The site adds that Amazon expects to launch the switches within 18 months, and could price them at a 70% to 80% discount relative to comparable Cisco hardware.
Shares of Cisco Systems (CSCO) have turned sharply lower this afternoon following a report by TheInformation’s Wayne Ma and Kevin McLaughlin stating that Amazon.com’s (AMZN) Amazon Web Services unit is “considering selling its own networking switches for business customers,” citing a single unnamed source. Cisco is down $1.95, or almost 5%, at $41.63. Arista Networks (ANET), Cisco’s primary competitor, is down $9.03, or 3%, to $269.33.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said NextEra Energy Inc (NYSE: NEE ) has been one of his favorite stocks. It's an aggressive grower and it pays a nice dividend yield. He is ...
Sanjay Poonen, the chief operating officer of virtualization software pioneer VMware (VMW) was in town from the company’s Palo Alto, Calif., headquarters today, and was kind enough to stop by once again at Barron’s offices to discuss a number of themes, including last week’s deal by VMware corporate parent Dell to go public. Poonen was last in our office back in December, and it’s always a pleasure to chat with him about big tech trends, as well as progress at VMware. Dell’s deal sees the privately held operation swap its common stock for the publicly traded “DVMT” shares, which are a tracking stock representing Dell’s 81% stake in VMware.
VMware (VMW) has risen 6.5% in the last month, whereas in the last year, the stock has risen 61.8%. VMware stock is trading 68.5% higher than its 52-week low of $85.7 and 12.5% lower than its 52-week high of $165. In the chart above, we can see VMware’s returns.
VMware’s (VMW) strong product portfolio, its growing cloud popularity, and its transition of its networking business from hardware to software have continued to act as key catalysts for the virtual enterprise operator.
VMware’s (VMW) solid progress from virtual network to storage and application management has moved to a new level with the introduction of its cloud computing technology. The launch of VMware Cloud Foundation, which supports an integrated SDDC (software-defined data center) suite, is made up of products such as vSphere, vSAN (virtual storage area network), and NSX. VMware’s main objective is to help its clients to run, manage, connect to, and deliver the applications they have available on the cloud platform to any device.
Several major stockholders of an affiliate of Dell Technologies Inc. have misgivings about a bid to buy them out, potentially complicating the PC and data-storage giant’s plan to return to the public markets. Holders of at least 10% of DVMT shares, which track Dell’s controlling stake in VMware Inc., are disappointed with terms of the deal announced last week and may oppose it, according to people familiar with the matter. The holders include several teams at investing giant BlackRock Inc., as well as Farallon Capital Management LLC and Canyon Capital Advisors LLC. BlackRock is DVMT’s third-largest shareholder with a 4.8% stake, while Farallon and Canyon own about 3.5% and 1.5%, respectively, according to FactSet.
Wall Street doesn’t think much of Dell Technologies, and that could hurt Dell’s plan to buy out the holders of a tracking stock for VMware, the software company controlled by Dell. The now-private Dell has begun meeting with holders of both the tracking stock, Dell Technologies Class V (DVMT), as well as VMware (VMW) in what amounts to an IPO roadshow. Dell management, including Vice Chairman Jeff Clarke and Chief Financial Officer Tom Sweet, met today in Manhattan with a group of institutional investors, according to one investor present.
According to an announcement on July 9, VMware (VMW), the leading virtual network operator, is forming a strategic alliance with T-System, a digital service operator, to boost its virtual network capabilities. The deal will allow T-System to embed its highly integrated virtual cloud networking features in VMware’s popular DSI vCloud service.
VMware (VMW) continues to gain from the ongoing trend of digitization across various industries. The company has also extended its service from network virtualization to virtual storage, virtual management, and virtual infrastructure automation. The company’s shifting of its on-premises data warehouse to the cloud platform is creating new opportunities for it.
VMware’s (VMW) container concept could boost the company’s performance. The basic concept behind its container service is that the application is covered in a self-contained delivery vehicle. The containers powered by virtual machines are capable of driving both application delivery and life cycle management.
VMware (VMW) continues to witness strong demand for its product portfolio, which includes the vSphere, vSAN (virtual storage area network), and NSX for SDDC (software-defined data centers), vCloud Air, VMware Cloud Provider for cloud computing, and AirWatch and Horizon for end user computing.
To boost its product sales, VMware (VMW) is aiming to build specialty sales capacities. The company believes in the theory that every dollar invested in R&D (research and development) should be well spent in terms of selling and marketing expenses. Such an aggressive marketing strategy could drive new customer growth for the company.
Leading virtual enterprise networking operator VMware (VMW) continues to innovate its product portfolio to gain market traction. The company has launched an intelligence-based digital workspace to boost its customer experience. It also offers predictive security to its clients.
VMware’s (VMW) parent-company, EMC Corporation, was bought by Dell for $67 billion in 2016. The acquisition gave Dell an 80% ownership stake in VMware, which was previously owned by EMC.
VMware, Inc. (VMW), a leading innovator in enterprise software, today announced that T-Systems, a world-leading provider of digital services, has added highly-integrated virtual cloud networking capabilities to its popular DSI vCloud service. With the newly introduced NSX Data Center-enabled features, T-Systems is responding to an increase in enterprises choosing to run more applications in public clouds.
‘VMware wanted to stay separate, but they also wanted to show they were part of the happy Dell family,’ analyst saysGetty“As financial engineers, there’s hardly anyone in the game that’s better,” one analyst says of Michael Dell and his company. A few years after leaving the public markets, Dell Technologies Inc. is taking a back door to return. Dell (DVMT) intends to convert a special stock that tracks the company’s stake in VMware Inc. (VMW) , known as class V shares, into class C common stock in Dell that will be publicly traded.
Billionaires like John Malone and Warren Buffett have long viewed their shareholders as business partners. To be sure, holders of the Dell tracker, Dell Technologies class V (DVMT), will be bought out at a 29% premium to the depressed price of the tracking stock.
Jim Cramer hears from VMware Chief Operating Officer Sanjay Poonen about the company's dealings with Dell and its new lines of business.