In the latest session, Dell Technologies Inc (NYSE: DELL) closed at $123.37 down -0.29% from its previous closing price of $123.73. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 5937486 shares were traded.
Ratios:
For a deeper understanding of Dell Technologies Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.88. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 08 ’24 when Rothberg Richard J sold 93,954 shares for $132.95 per share. The transaction valued at 12,491,184 led to the insider holds 86,836 shares of the business.
SLTA IV (GP), L.L.C. sold 346,931 shares of DELL for $46,207,922 on Apr 04 ’24. The Director now owns 152 shares after completing the transaction at $133.19 per share. On Apr 04 ’24, another insider, SLTA V (GP), L.L.C., who serves as the Director of the company, sold 346,931 shares for $133.19 each. As a result, the insider received 46,207,922 and left with 152 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 88.32B and an Enterprise Value of 106.95B. As of this moment, Dell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.25, and their Forward P/E ratio for the next fiscal year is 14.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 34.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99. Its current Enterprise Value per Revenue stands at 1.21 whereas that against EBITDA is 12.31.
Stock Price History:
Over the past 52 weeks, DELL has reached a high of $136.16, while it has fallen to a 52-week low of $39.90. The 50-Day Moving Average of the stock is 102.77, while the 200-Day Moving Average is calculated to be 75.44.
Shares Statistics:
For the past three months, DELL has traded an average of 7.64M shares per day and 10.11M over the past ten days. A total of 266.00M shares are outstanding, with a floating share count of 261.48M. Insiders hold about 64.06% of the company’s shares, while institutions hold 28.09% stake in the company. Shares short for DELL as of Mar 15, 2024 were 7.75M with a Short Ratio of 0.84, 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
According to the company, the forward annual dividend rate for DELL is 1.48, from 1.48 in the trailing year. Against a Trailing Annual Dividend Yield of 1.20%, 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
There are 15 different market analysts currently analyzing its stock. 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 $8.53, with 17 analysts recommending between $9.62 and $7.79.
Revenue Estimates
A total of 13 analysts believe the company’s revenue will be $21.66B this quarter.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 $93.54B. 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 $99.3B 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 6.20% from the average revenue estimate for this year.
