FAIRLY VALUED
Earnings report date: Aug. 28
Expected EPS: 36
Price to projected earnings ratio: 14.03
PEG: 1.12
Stock Price as of July 11: $22.31
Dell's p-e and PEG are only slightly lower than those of the S&P's information technology index. That makes sense considering the company's challenges, including competition from Hewlett-Packard. But there are signs the Dell (DELL) turnaround effort is taking hold. Fiscal first-quarter results exceeded analysts' expecations amid gains in laptops and servers, two areas of focus for Chief Executive Michael Dell. The CEO recently purchased $100 million of his company's shares, which some took as a signal of confidence in the company's prospects.