Top Tech Stock Watch: Dell Vies for 3PAR Inc., HP Joins in

Posted by on Aug 23, 2010 | No comment

Dell Inc. (NASDAQ: DELL) is currently involved in a bidding war with Hewlett Packard Company (NYSE: HPQ) over 3PAR Inc. (NYSE: PAR). Dell offered $18 per share to 3PAR Inc. However, HP upped the price to $24 per share. At this price, the deal is estimated to be worth $1.6 billion. 3PAR Inc. manufactures information storage hardware. This hardware is then used for building data centers.

The company also offers InServ storage servers which help in consolidating data, as well as offers 3PAR InForm Operating System. 3PAR markets its products through direct as well as indirect sales channels. The company is based out of California and was founded in 1999.

3PAR Inc. is currently trading at $25.44, and it is up by 41.02%. It has 52-week price range of $8.37-$25.61. 3PAR Inc’ forward P/E ratio is 93.85 and its market cap is $1.59 billion. Its Price/Book ratio is 8.14. The company’s 50-day moving average is at $10.94 and 200-day moving average stands at $10.11. The stock’s EPS is ($0.05) and its beta is 0.94.  3PAR Inc is earning (0.87%) return on its assets and the company’s rate of return on its equity is (2.44%). 3PAR Inc. currently has 62.85 million shares outstanding.

Dell Inc. stock is trading at $12.12, up 0.50% from its last close. The company stock traded in the range of $11.72-$17.52 in last 52 weeks.  Dell Inc.’s stock is trading at a P/E ratio of 16.01. The company’s market cap is $23.64 billion and its EV/Revenue ratio is 0.32.  Dell Inc. stock has a 50-day moving average of $12.85, whereas its 200-day moving average is $14.06. The company beta is 1.40 and its EPS stands at $0.75. The company’s generating 5.80% return on its assets and its rate of return on equity is 29.36%.

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