After finishing at $118.50 in the prior trading day, Dell Technologies Inc (NYSE: DELL) closed at $120.50, up 1.69%. In other words, the price has increased by $+2.00 from its previous closing price. On the day, 9394474 shares were traded. DELL stock price reached its highest trading level at $122.02 during the session, while it also had its lowest trading level at $119.31.
Ratios:
Our goal is to gain a better understanding of DELL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.38. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 04 ’24 when SLTA V (GP), L.L.C. sold 3,030,324 shares for $122.54 per share. The transaction valued at 371,324,925 led to the insider holds 1,328 shares of the business.
SLTA IV (GP), L.L.C. sold 3,030,324 shares of DELL for $371,324,925 on Mar 04 ’24. The Director now owns 1,328 shares after completing the transaction at $122.54 per share. On Mar 04 ’24, another insider, SLTA V (GP), L.L.C., who serves as the Director of the company, sold 373,375 shares for $126.32 each. As a result, the insider received 47,166,001 and left with 0 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 85.11B and an Enterprise Value of 103.74B. As of this moment, Dell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.60, and their Forward P/E ratio for the next fiscal year is 14.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 34.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96. Its current Enterprise Value per Revenue stands at 1.17 whereas that against EBITDA is 19.91.
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 85.60, while the 200-Day Moving Average is calculated to be 67.58.
Shares Statistics:
The stock has traded on average 5.81M shares per day over the past 3-months and 16.1M shares per day over the last 10 days, according to various share statistics. A total of 242.00M shares are outstanding, with a floating share count of 236.47M. Insiders hold about 66.52% of the company’s shares, while institutions hold 28.29% stake in the company. Shares short for DELL as of Feb 15, 2024 were 9.84M with a Short Ratio of 1.69, compared to 8.8M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.39% and a Short% of Float of 3.81%.
Dividends & Splits
In the trailing 12 months, DELL’s forward annual dividend rate was 1.48, compared to 1.48 this year. Against a Trailing Annual Dividend Yield of 1.25%, it implies a Forward Annual Dividend Yield of 1.48%. 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
Its stock is currently analyzed by 15 different market analysts. 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 $7.98 and $7.04 for the fiscal current year, implying an average EPS of $7.56. EPS for the following year is $8.54, with 18 analysts recommending between $9.62 and $7.79.
Revenue Estimates
13 analysts predict $21.64B in revenue for the current 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 6.70% 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 $93.49B. 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 $99.22B 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.
