Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Dell Technologies Inc (NYSE: DELL) was $118.37 for the day, down -1.04% from the previous closing price of $119.62. In other words, the price has decreased by -$1.04 from its previous closing price. On the day, 5.02 million shares were traded. DELL stock price reached its highest trading level at $119.65 during the session, while it also had its lowest trading level at $115.51.
Ratios:
Our analysis of DELL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.27. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.74.
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 March 01, 2024, Reiterated its Market Perform rating but revised its target price to $105 from $75 previously.
On February 28, 2024, Loop Capital started tracking the stock assigning a Buy rating and target price of $125.
Evercore ISI reiterated its Outperform rating for the stock on February 23, 2024, while the target price for the stock was revised from $85 to $95.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 08 ’24 when Rothberg Richard J sold 93,954 shares for $132.95 per share. The transaction valued at 12,491,184 led to the insider holds 86,836 shares of the business.
SLTA IV (GP), L.L.C. sold 346,931 shares of DELL for $46,207,922 on Apr 04 ’24. The Director now owns 152 shares after completing the transaction at $133.19 per share. On Apr 04 ’24, another insider, SLTA V (GP), L.L.C., who serves as the Director of the company, sold 346,931 shares for $133.19 each. As a result, the insider received 46,207,922 and left with 152 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 84491329536 and an Enterprise Value of 104071364608. As of this moment, Dell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.11, and their Forward P/E ratio for the next fiscal year is 13.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 33.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95. Its current Enterprise Value per Revenue stands at 1.177 whereas that against EBITDA is 11.899.
Stock Price History:
Over the past 52 weeks, DELL has reached a high of $136.16, while it has fallen to a 52-week low of $41.47. The 50-Day Moving Average of the stock is 10.55%, while the 200-Day Moving Average is calculated to be 52.75%.
Shares Statistics:
DELL traded an average of 7.79M shares per day over the past three months and 7599000 shares per day over the past ten days. A total of 266.00M shares are outstanding, with a floating share count of 264.62M. Insiders hold about 62.93% of the company’s shares, while institutions hold 28.03% stake in the company. Shares short for DELL as of 1711584000 were 6416725 with a Short Ratio of 0.82, compared to 1709164800 on 8086723. Therefore, it implies a Short% of Shares Outstanding of 6416725 and a Short% of Float of 2.1300000999999997.
Dividends & Splits
With its trailing 12-month dividend rate of 1.48, DELL has a forward annual dividend rate of 1.48.
Earnings Estimates
The market rating of Dell Technologies Inc (DELL) is currently shaped by the ongoing analysis conducted by Tellurian Inc. analysts closely monitoring its performance.The consensus estimate for the next quarter is $118.37, with high estimates of $31.06 and low estimates of $90.81.
EPS for the following year is $Stocks, with Stocks analysts recommending between $ETF and $Stocks.
