In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Dell Technologies Inc (NYSE: DELL) closed at $118.78 down -4.70% from its previous closing price of $124.64. In other words, the price has decreased by -$4.70 from its previous closing price. On the day, 7.14 million shares were traded. DELL stock price reached its highest trading level at $124.16 during the session, while it also had its lowest trading level at $117.43.
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 11.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.32. 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:
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 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 84783980544 and an Enterprise Value of 104364015616. As of this moment, Dell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.20, and their Forward P/E ratio for the next fiscal year is 13.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 33.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96. Its current Enterprise Value per Revenue stands at 1.18 whereas that against EBITDA is 11.933.
Stock Price History:
The Beta on a monthly basis for DELL is 0.87, which has changed by 1.6885469 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, DELL has reached a high of $136.16, while it has fallen to a 52-week low of $43.38. The 50-Day Moving Average of the stock is 4.48%, while the 200-Day Moving Average is calculated to be 47.56%.
Shares Statistics:
For the past three months, DELL has traded an average of 8.07M shares per day and 5971610 over the past ten days. A total of 266.00M shares are outstanding, with a floating share count of 265.69M. Insiders hold about 62.78% of the company’s shares, while institutions hold 28.34% stake in the company. Shares short for DELL as of 1713139200 were 7264219 with a Short Ratio of 0.90, compared to 1710460800 on 7754240. Therefore, it implies a Short% of Shares Outstanding of 7264219 and a Short% of Float of 2.41.
Dividends & Splits
According to the company, the forward annual dividend rate for DELL is 1.55, from 1.48 in the trailing year. Against a Trailing Annual Dividend Yield of 0.011874198The current Payout Ratio is 33.92% for DELL, which recently paid a dividend on 2024-04-22 with an ex-dividend date of 1713744000. Stock splits for the company last occurred on 2021-11-02 when the company split stock in a 1973:1000 ratio.
Earnings Estimates
The stock of Dell Technologies Inc (DELL) is currently being evaluated by 15.0 analysts who are actively contributing to its market rating.On average, analysts expect EPS of $1.21 for the current quarter, with a high estimate of $1.42 and a low estimate of $1.15, while EPS last year was $1.31. The consensus estimate for the next quarter is $1.81, with high estimates of $1.93 and low estimates of $1.58.
Analysts are recommending an EPS of between $7.92 and $7.04 for the fiscal current year, implying an average EPS of $7.55. EPS for the following year is $8.56, with 17.0 analysts recommending between $9.62 and $7.79.
Revenue Estimates
A total of 13 analysts believe the company’s revenue will be $21.66B this quarter.It ranges from a high estimate of $22.11B to a low estimate of $21.42B. As of the current estimate, Dell Technologies Inc’s year-ago sales were $20.27BFor the next quarter, 13 analysts are estimating revenue of $23.02B. There is a high estimate of $23.54B for the next quarter, whereas the lowest estimate is $22.17B.
A total of 18 analysts have provided revenue estimates for DELL’s current fiscal year. The highest revenue estimate was $95.67B, while the lowest revenue estimate was $92.38B, resulting in an average revenue estimate of $93.55B. In the same quarter a year ago, actual revenue was $88.42BBased on 17 analysts’ estimates, the company’s revenue will be $99.43B in the next fiscal year. The high estimate is $104.64B and the low estimate is $96.3B.
