Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Dell Technologies Inc’s stock clocked out at $129.33, up 3.38% from its previous closing price of $125.10. In other words, the price has increased by $3.38 from its previous closing price. On the day, 5.02 million shares were traded. DELL stock price reached its highest trading level at $129.3915 during the session, while it also had its lowest trading level at $124.2511.
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 12.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.59. 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 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 89295126528 and an Enterprise Value of 111894503424. As of this moment, Dell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.62, and their Forward P/E ratio for the next fiscal year is 15.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 36.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04. Its current Enterprise Value per Revenue stands at 1.265 whereas that against EBITDA is 12.794.
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 $44.08. The 50-Day Moving Average of the stock is 11.49%, while the 200-Day Moving Average is calculated to be 58.66%.
Shares Statistics:
It appears that DELL traded 8.17M shares on average per day over the past three months and 5410830 shares per day over the past ten days. A total of 266.00M shares are outstanding, with a floating share count of 265.69M. Insiders hold about 62.78% of the company’s shares, while institutions hold 28.36% stake in the company. Shares short for DELL as of 1713139200 were 7264219 with a Short Ratio of 0.89, compared to 1710460800 on 7754240. Therefore, it implies a Short% of Shares Outstanding of 7264219 and a Short% of Float of 2.41.
Dividends & Splits
With its trailing 12-month dividend rate of 1.48, DELL has a forward annual dividend rate of 1.56. Against a Trailing Annual Dividend Yield of 0.011830536
