Market Highlights: Dell Technologies Inc (DELL) Ends on a High Note at 132.45

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The price of Dell Technologies Inc (NYSE: DELL) closed at $132.45 in the last session, up 1.91% from day before closing price of $129.97. In other words, the price has increased by $1.91 from its previous closing price. On the day, 13.78 million shares were traded. DELL stock price reached its highest trading level at $135.46 during the session, while it also had its lowest trading level at $128.4.

Ratios:

We take a closer look at DELL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.87. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 10 ’24 when DELL MICHAEL S sold 1,340,823 shares for $133.67 per share. The transaction valued at 179,231,181 led to the insider holds 28,931,999 shares of the business.

DELL MICHAEL S sold 139,419 shares of DELL for $18,985,731 on Jun 06 ’24. The Chief Executive Officer now owns 30,272,822 shares after completing the transaction at $136.18 per share. On Jun 03 ’24, another insider, SLTA IV (GP), L.L.C., who serves as the Director of the company, sold 381,336 shares for $132.47 each. As a result, the insider received 50,514,534 and left with 56 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 93947314176 and an Enterprise Value of 114290532352. As of this moment, Dell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.06, 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 33.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05. Its current Enterprise Value per Revenue stands at 1.273 whereas that against EBITDA is 13.349.

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 $47.20. The 50-Day Moving Average of the stock is 0.10%, while the 200-Day Moving Average is calculated to be 43.72%.

Shares Statistics:

According to the various share statistics, DELL traded on average about 10.91M shares per day over the past 3-months and 28300470 shares per day over the past 10 days. A total of 713.79M shares are outstanding, with a floating share count of 266.75M. Insiders hold about 62.63% of the company’s shares, while institutions hold 29.13% stake in the company. Shares short for DELL as of 1715731200 were 8257341 with a Short Ratio of 0.76, compared to 1713139200 on 7264219. Therefore, it implies a Short% of Shares Outstanding of 8257341 and a Short% of Float of 3.0199999.

Dividends & Splits

The forward annual dividend rate for DELL is 1.55, which was 1.555 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.011964299

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