Market Update: Dell Technologies Inc (DELL) Sees Negative Movement, Closing at 124.38

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In the latest session, Dell Technologies Inc (NYSE: DELL) closed at $124.38 down -12.25% from its previous closing price of $141.74. In other words, the price has decreased by -$12.25 from its previous closing price. On the day, 37.74 million shares were traded. DELL stock price reached its highest trading level at $127.16 during the session, while it also had its lowest trading level at $121.3.

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 15.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.15. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.77.

On September 17, 2024, Mizuho started tracking the stock assigning a Outperform rating and target price of $135.

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

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 Nov 22 ’24 when McGill Yvonne sold 8,000 shares for $143.24 per share. The transaction valued at 1,145,944 led to the insider holds 236,419 shares of the business.

Vojvodich Radakovich Lynn sold 725 shares of DELL for $95,903 on Nov 15 ’24. The Director now owns 23,680 shares after completing the transaction at $132.28 per share. On Nov 15 ’24, another insider, Vojvodich Radakovich Lynn, who serves as the Director of the company, bought 725 shares for $132.28 each.

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 87314268160 and an Enterprise Value of 120382013440. As of this moment, Dell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.98, and their Forward P/E ratio for the next fiscal year is 13.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85. Its current Enterprise Value per Revenue stands at 1.311 whereas that against EBITDA is 13.796.

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 $67.51. The 50-Day Moving Average of the stock is -2.13%, while the 200-Day Moving Average is calculated to be 1.35%.

Shares Statistics:

For the past three months, DELL has traded an average of 9.62M shares per day and 6973760 over the past ten days. A total of 728.50M shares are outstanding, with a floating share count of 311.63M. Insiders hold about 57.22% of the company’s shares, while institutions hold 32.18% stake in the company. Shares short for DELL as of 1731628800 were 10136710 with a Short Ratio of 1.05, compared to 1728950400 on 10339221. Therefore, it implies a Short% of Shares Outstanding of 10136710 and a Short% of Float of 3.37.

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