Dell Technologies Inc. [NYSE: DELL] stock went on a downward path that fall over -1.00% on Thursday, amounting to a one-week price increase of more than 9.62%. The company report on October 4, 2022 that Dell Technologies Delivers Zero Trust, Cybersecurity Solutions to Protect Multicloud and Edge Environments.
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Zero Trust Center of Excellence, and new cybersecurity offerings and services help deliver greater resilience for modern security.
Over the last 12 months, DELL stock dropped by -29.87%. The one-year Dell Technologies Inc. stock forecast points to a potential upside of 33.02. The average equity rating for DELL stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $27.49 billion, with 739.00 million shares outstanding and 251.09 million shares in the current float. Compared to the average trading volume of 3.21M shares, DELL stock reached a trading volume of 2737914 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Dell Technologies Inc. [DELL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DELL shares is $55.96 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DELL stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Credit Suisse have made an estimate for Dell Technologies Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on August 17, 2022. While these analysts kept the previous recommendation, Goldman dropped their target price from $68 to $61. The new note on the price target was released on April 01, 2022, representing the official price target for Dell Technologies Inc. stock. Previously, the target price had yet another drop from $66 to $60, while Morgan Stanley kept a Equal-Weight rating on DELL stock.
The Average True Range (ATR) for Dell Technologies Inc. is set at 1.24, with the Price to Sales ratio for DELL stock in the period of the last 12 months amounting to 0.27.
DELL Stock Performance Analysis:
Dell Technologies Inc. [DELL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.62. With this latest performance, DELL shares dropped by -1.32% in over the last four-week period, additionally sinking by -20.46% over the last 6 months – not to mention a drop of -29.87% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DELL stock in for the last two-week period is set at 47.73, with the RSI for the last a single of trading hit 54.86, and the three-weeks RSI is set at 44.56 for Dell Technologies Inc. [DELL]. The present Moving Average for the last 50 days of trading for this stock 41.26, while it was recorded at 36.57 for the last single week of trading, and 48.41 for the last 200 days.
Insight into Dell Technologies Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Dell Technologies Inc. [DELL] shares currently have an operating margin of +4.86 and a Gross Margin at +20.45. Dell Technologies Inc.’s Net Margin is presently recorded at +4.90.
Return on Equity for this stock inclined to 781.67, with Return on Assets sitting at 4.58.
Dell Technologies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.80.
DELL Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DELL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Dell Technologies Inc. go to 8.64%.
Dell Technologies Inc. [DELL] Insider Position Details
There are presently around $7,443 million, or 83.50% of DELL stock, in the hands of institutional investors. The top three institutional holders of DELL stocks are: BLACKROCK INC. with ownership of 22,323,797, which is approximately 8.697% of the company’s market cap and around 1.10% of the total institutional ownership; DODGE & COX, holding 20,696,781 shares of the stock with an approximate value of $775.72 million in DELL stocks shares; and VANGUARD GROUP INC, currently with $630.42 million in DELL stock with ownership of nearly -3.876% of the company’s market capitalization.
Positions in Dell Technologies Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 354 institutional holders increased their position in Dell Technologies Inc. [NYSE:DELL] by around 23,297,004 shares. Additionally, 299 investors decreased positions by around 39,099,533 shares, while 139 investors held positions by with 136,181,663 shares. The mentioned changes placed institutional holdings at 198,578,200 shares, according to the latest SEC report filing. DELL stock had 106 new institutional investments in for a total of 3,557,377 shares, while 95 institutional investors sold positions of 18,089,847 shares during the same period.