Market Momentum Report: Dell Technologies Inc (DELL)’s Positive Close at 106.64

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The price of Dell Technologies Inc (NYSE: DELL) closed at $106.64 in the last session, up 0.71% from day before closing price of $105.89. In other words, the price has increased by $0.71 from its previous closing price. On the day, 9.14 million shares were traded. DELL stock price reached its highest trading level at $107.53 during the session, while it also had its lowest trading level at $105.43.

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 16.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.46. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.72.

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, Susquehanna on Sep-11-24, initiated with a Neutral rating and assigned the stock a target price of $120.

TD Cowen reiterated its Hold rating for the stock on August 30, 2024, while the target price for the stock was revised from $155 to $128.

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 Sep 09 ’24 when DELL MICHAEL S sold 1,839,959 shares for $106.68 per share. The transaction valued at 196,286,484 led to the insider holds 18,350,822 shares of the business.

DELL MICHAEL S sold 1,336,046 shares of DELL for $142,484,188 on Sep 10 ’24. The Chief Executive Officer now owns 17,014,776 shares after completing the transaction at $106.65 per share. On Sep 06 ’24, another insider, DELL MICHAEL S, who serves as the Chief Executive Officer of the company, sold 221,460 shares for $102.07 each. As a result, the insider received 22,604,336 and left with 20,190,781 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 74896900096 and an Enterprise Value of 97177919488. As of this moment, Dell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.60, and their Forward P/E ratio for the next fiscal year is 11.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82. Its current Enterprise Value per Revenue stands at 1.058 whereas that against EBITDA is 11.178.

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 -8.81%, while the 200-Day Moving Average is calculated to be -2.23%.

Shares Statistics:

According to the various share statistics, DELL traded on average about 12.78M shares per day over the past 3-months and 14464720 shares per day over the past 10 days. A total of 707.31M shares are outstanding, with a floating share count of 283.09M. Insiders hold about 59.98% of the company’s shares, while institutions hold 31.43% stake in the company. Shares short for DELL as of 1723680000 were 8704781 with a Short Ratio of 0.68, compared to 1721001600 on 9941943. Therefore, it implies a Short% of Shares Outstanding of 8704781 and a Short% of Float of 3.1199999999999997.

Dividends & Splits

The forward annual dividend rate for DELL is 1.63, which was 1.63 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.015393333

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