In the latest session, Dell Technologies Inc (NYSE: DELL) closed at $111.68 down -2.59% from its previous closing price of $114.65. In other words, the price has decreased by -$2.97 from its previous closing price. On the day, 4289732 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 10.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.88. 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 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 79.72B and an Enterprise Value of 98.34B. As of this moment, Dell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.58, and their Forward P/E ratio for the next fiscal year is 13.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 31.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93. Its current Enterprise Value per Revenue stands at 1.11 whereas that against EBITDA is 11.32.
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 $37.56. The 50-Day Moving Average of the stock is 96.02, while the 200-Day Moving Average is calculated to be 72.46.
Shares Statistics:
For the past three months, DELL has traded an average of 6.62M shares per day and 7.65M over the past ten days. A total of 266.00M shares are outstanding, with a floating share count of 245.31M. Insiders hold about 66.67% of the company’s shares, while institutions hold 27.20% stake in the company. Shares short for DELL as of Feb 29, 2024 were 8.09M with a Short Ratio of 1.17, 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
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 1.29%, 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.
