The price of Dell Technologies Inc (NYSE: DELL) closed at $128.58 in the last session, up 8.56% from day before closing price of $118.44. In other words, the price has increased by $+10.14 from its previous closing price. On the day, 19348361 shares were traded. DELL stock price reached its highest trading level at $129.76 during the session, while it also had its lowest trading level at $117.66.
Ratios:
We take a closer look at DELL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.50. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 21 ’24 when SLTA IV (GP), L.L.C. sold 1,019,203 shares for $110.06 per share. The transaction valued at 112,177,649 led to the insider holds 0 shares of the business.
SLTA V (GP), L.L.C. sold 1,019,203 shares of DELL for $112,177,649 on Mar 21 ’24. The Director now owns 0 shares after completing the transaction at $110.06 per share. On Mar 20 ’24, another insider, DELL MICHAEL S, who serves as the Chief Executive Officer of the company, sold 1,944,641 shares for $108.79 each. As a result, the insider received 211,554,878 and left with 33,412,241 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 84.54B and an Enterprise Value of 103.17B. As of this moment, Dell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.45, and their Forward P/E ratio for the next fiscal year is 15.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 36.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04. Its current Enterprise Value per Revenue stands at 1.17 whereas that against EBITDA is 11.87.
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 $39.90. The 50-Day Moving Average of the stock is 99.87, while the 200-Day Moving Average is calculated to be 74.99.
Shares Statistics:
According to the various share statistics, DELL traded on average about 6.83M shares per day over the past 3-months and 7.93M shares per day over the past 10 days. A total of 266.00M shares are outstanding, with a floating share count of 256.55M. Insiders hold about 64.06% of the company’s shares, while institutions hold 28.36% stake in the company. Shares short for DELL as of Mar 15, 2024 were 7.75M with a Short Ratio of 1.14, compared to 9.84M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.10% and a Short% of Float of 2.69%.
Dividends & Splits
The forward annual dividend rate for DELL is 1.48, which was 1.48 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 1.25%, it implies a Forward Annual Dividend Yield of 1.59%. The current Payout Ratio is 33.92% 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
The company has 15 analysts who recommend its stock at the moment. 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 $7.54. EPS for the following year is $8.52, with 17 analysts recommending between $9.62 and $7.79.
Revenue Estimates
According to 13 analysts, the current quarter’s revenue is expected to be $21.65B. 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 6.80% 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 $92.38B, resulting in an average revenue estimate of $93.51B. In the same quarter a year ago, actual revenue was $88.42B, up 5.80% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $99.25B 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.
