Investor’s Delight: Dell Technologies Inc (DELL) Closes Weak at 142.20, Down -0.89

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The closing price of Dell Technologies Inc (NYSE: DELL) was $142.20 for the day, down -0.89% from the previous closing price of $143.47. In other words, the price has decreased by -$0.89 from its previous closing price. On the day, 13.17 million shares were traded. DELL stock price reached its highest trading level at $149.47 during the session, while it also had its lowest trading level at $140.5914.

Ratios:

Our analysis of DELL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.06. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.73.

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 May 31, 2024, Reiterated its Hold rating but revised its target price to $155 from $105 previously.

On May 29, 2024, BofA Securities reiterated its Buy rating and also lowered its target price recommendation from $130 to $180.

Wells Fargo reiterated its Overweight rating for the stock on May 21, 2024, while the target price for the stock was revised from $140 to $170.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 20 ’24 when SLTA V (GP), L.L.C. sold 389,189 shares for $158.79 per share. The transaction valued at 61,800,966 led to the insider holds 0 shares of the business.

SLTA IV (GP), L.L.C. sold 389,189 shares of DELL for $61,800,966 on Jun 20 ’24. The Director now owns 0 shares after completing the transaction at $158.79 per share. On Jun 20 ’24, another insider, SLTA V (GP), L.L.C., who serves as the Director of the company, sold 264,559 shares for $155.34 each. As a result, the insider received 41,096,313 and left with 1,386 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 101196398592 and an Enterprise Value of 121523421184. As of this moment, Dell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.04, and their Forward P/E ratio for the next fiscal year is 15.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 35.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12. Its current Enterprise Value per Revenue stands at 1.354 whereas that against EBITDA is 14.078.

Stock Price History:

Over the past 52 weeks, DELL has reached a high of $179.70, while it has fallen to a 52-week low of $52.05. The 50-Day Moving Average of the stock is 3.08%, while the 200-Day Moving Average is calculated to be 44.83%.

Shares Statistics:

DELL traded an average of 13.31M shares per day over the past three months and 15450460 shares per day over the past ten days. A total of 709.22M shares are outstanding, with a floating share count of 276.96M. Insiders hold about 60.95% of the company’s shares, while institutions hold 29.32% stake in the company. Shares short for DELL as of 1718323200 were 11761968 with a Short Ratio of 0.88, compared to 1715731200 on 8257341. Therefore, it implies a Short% of Shares Outstanding of 11761968 and a Short% of Float of 4.2700000000000005.

Dividends & Splits

With its trailing 12-month dividend rate of 1.555, DELL has a forward annual dividend rate of 1.56. Against a Trailing Annual Dividend Yield of 0.010838502

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