As of close of business last night, Dell Technologies Inc’s stock clocked out at $113.55, down -1.99% from its previous closing price of $115.86. In other words, the price has decreased by -$2.31 from its previous closing price. On the day, 6536348 shares were traded.
Ratios:
To gain a deeper understanding of DELL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.55. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.74.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on March 01, 2024, Reiterated its Market Perform rating but revised its target price to $105 from $75 previously.
On February 28, 2024, Loop Capital started tracking the stock assigning a Buy rating and target price of $125.
Evercore ISI reiterated its Outperform rating for the stock on February 23, 2024, while the target price for the stock was revised from $85 to $95.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 08 ’24 when DELL MICHAEL S sold 242,190 shares for $119.78 per share. The transaction valued at 29,010,062 led to the insider holds 38,371,362 shares of the business.
DELL MICHAEL S sold 1,174,239 shares of DELL for $142,216,539 on Mar 07 ’24. The Chief Executive Officer now owns 38,613,552 shares after completing the transaction at $121.11 per share. On Mar 06 ’24, another insider, DELL MICHAEL S, who serves as the Chief Executive Officer of the company, sold 624,450 shares for $119.80 each. As a result, the insider received 74,809,332 and left with 39,787,791 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DELL now has a Market Capitalization of 80.20B and an Enterprise Value of 98.83B. As of this moment, Dell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.00, and their Forward P/E ratio for the next fiscal year is 13.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 32.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91. Its current Enterprise Value per Revenue stands at 1.12 whereas that against EBITDA is 18.97.
Stock Price History:
Over the past 52 weeks, DELL has reached a high of $131.06, while it has fallen to a 52-week low of $35.96. The 50-Day Moving Average of the stock is 88.79, while the 200-Day Moving Average is calculated to be 68.98.
Shares Statistics:
It appears that DELL traded 6.04M shares on average per day over the past three months and 16.47M shares per day over the past ten days. A total of 242.00M shares are outstanding, with a floating share count of 214.82M. Insiders hold about 69.59% of the company’s shares, while institutions hold 28.32% stake in the company. Shares short for DELL as of Feb 29, 2024 were 8.09M with a Short Ratio of 1.34, compared to 8.4M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.14% and a Short% of Float of 3.13%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.48, DELL has a forward annual dividend rate of 1.48. Against a Trailing Annual Dividend Yield of 1.28%, it implies a Forward Annual Dividend Yield of 1.57%. The current Payout Ratio is 33.94% for DELL, which recently paid a dividend on May 03, 2024 with an ex-dividend date of Apr 22, 2024. Stock splits for the company last occurred on Dec 28, 2018 when the company split stock in a 1806:1000 ratio.
Earnings Estimates
As of right now, 15 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.21 for the current quarter, with a high estimate of $1.42 and a low estimate of $1.15, while EPS last year was $1.31. The consensus estimate for the next quarter is $1.82, with high estimates of $1.97 and low estimates of $1.58.
Analysts are recommending an EPS of between $7.92 and $7.04 for the fiscal current year, implying an average EPS of $7.53. EPS for the following year is $8.5, with 17 analysts recommending between $9.62 and $7.79.
Revenue Estimates
In the current quarter, 13 analysts expect revenue to total $21.64B. It ranges from a high estimate of $22.11B to a low estimate of $21.42B. As of the current estimate, Dell Technologies Inc’s year-ago sales were $20.27B, an estimated increase of 6.70% from the year-ago figure.
A total of 18 analysts have provided revenue estimates for DELL’s current fiscal year. The highest revenue estimate was $95.67B, while the lowest revenue estimate was $92.33B, resulting in an average revenue estimate of $93.47B. In the same quarter a year ago, actual revenue was $88.42B, up 5.70% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $99.2B in the next fiscal year. The high estimate is $104.64B and the low estimate is $96.1B. The average revenue growth estimate for next year is up 6.10% from the average revenue estimate for this year.
