Market Insight: Dell Technologies Inc (DELL)’s Notable Gain, Closing at 117.77

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In the latest session, Dell Technologies Inc (NYSE: DELL) closed at $117.77 up 1.53% from its previous closing price of $115.99. In other words, the price has increased by $1.53 from its previous closing price. On the day, 10.58 million shares were traded. DELL stock price reached its highest trading level at $120.07 during the session, while it also had its lowest trading level at $117.375.

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 17.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.63. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.62.

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, Mizuho on September 17, 2024, initiated with a Outperform rating and assigned the stock a target price of $135.

On September 10, 2024, Susquehanna started tracking the stock assigning a Neutral rating and target price of $120.

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 Sep 19 ’24 when Michael S. Dell bought 5,000,000 shares for $116.82 per share.

DELL MICHAEL S sold 1,546,550 shares of DELL for $179,864,659 on Sep 17 ’24. The Chief Executive Officer now owns 11,912,241 shares after completing the transaction at $116.30 per share. On Sep 16 ’24, another insider, DELL MICHAEL S, who serves as the Chief Executive Officer of the company, sold 1,135,726 shares for $114.34 each. As a result, the insider received 129,857,851 and left with 13,458,791 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 81469636608 and an Enterprise Value of 103545847808. As of this moment, Dell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.65, and their Forward P/E ratio for the next fiscal year is 12.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90. Its current Enterprise Value per Revenue stands at 1.127 whereas that against EBITDA is 11.866.

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 $63.90. The 50-Day Moving Average of the stock is 4.41%, while the 200-Day Moving Average is calculated to be 6.66%.

Shares Statistics:

For the past three months, DELL has traded an average of 11.84M shares per day and 10648330 over the past ten days. A total of 702.38M shares are outstanding, with a floating share count of 281.97M. Insiders hold about 59.86% of the company’s shares, while institutions hold 30.44% stake in the company. Shares short for DELL as of 1724976000 were 11051487 with a Short Ratio of 0.93, compared to 1722384000 on 8949780. Therefore, it implies a Short% of Shares Outstanding of 11051487 and a Short% of Float of 3.9800000000000004.

Dividends & Splits

According to the company, the forward annual dividend rate for DELL is 1.63, from 1.63 in the trailing year. Against a Trailing Annual Dividend Yield of 0.014052936

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