Market Update: Dell Technologies Inc (DELL) Sees Positive Movement, Closing at 125.79

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In the latest session, Dell Technologies Inc (NYSE: DELL) closed at $125.79 up 0.36% from its previous closing price of $125.34. In other words, the price has increased by $0.36 from its previous closing price. On the day, 6.92 million shares were traded. DELL stock price reached its highest trading level at $127.88 during the session, while it also had its lowest trading level at $124.3.

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 14.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.82. 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:

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 Jul 16 ’24 when Silver Lake Group, L.L.C. sold 25,381 shares for $134.42 per share. The transaction valued at 3,411,664 led to the insider holds 0 shares of the business.

SLTA IV (GP), L.L.C. sold 16,887 shares of DELL for $2,468,921 on Jul 10 ’24. The Director now owns 787,669 shares after completing the transaction at $146.20 per share. On Jul 10 ’24, another insider, SLTA V (GP), L.L.C., who serves as the Director of the company, sold 16,887 shares for $146.20 each. As a result, the insider received 2,468,921 and left with 787,669 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 88972402688 and an Enterprise Value of 109550370816. As of this moment, Dell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.69, and their Forward P/E ratio for the next fiscal year is 13.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 31.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99. Its current Enterprise Value per Revenue stands at 1.221 whereas that against EBITDA is 12.691.

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 -10.96%, while the 200-Day Moving Average is calculated to be 23.34%.

Shares Statistics:

For the past three months, DELL has traded an average of 13.54M shares per day and 10055406 over the past ten days. A total of 707.31M shares are outstanding, with a floating share count of 283.56M. Insiders hold about 59.91% of the company’s shares, while institutions hold 29.26% stake in the company. Shares short for DELL as of 1719532800 were 11125898 with a Short Ratio of 0.82, compared to 1717113600 on 13545272. Therefore, it implies a Short% of Shares Outstanding of 11125898 and a Short% of Float of 4.03.

Dividends & Splits

According to the company, the forward annual dividend rate for DELL is 1.55, from 1.555 in the trailing year. Against a Trailing Annual Dividend Yield of 0.012406255

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