For Dell Technologies Inc. [DELL], Analyst sees a rise to $39. What next?

Dell Technologies Inc. [NYSE: DELL] traded at a low on 11/29/22, posting a -0.14 loss after which it closed the day’ session at $43.52. The company report on November 23, 2022 that Dell Technologies to Present at Investor Conferences in November and December.

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Dell Technologies (NYSE: DELL) announces that Chuck Whitten, co-chief operating officer, and Matt Baker, senior vice president of corporate strategy, will each present at one of the following upcoming conferences:.

The results of the trading session contributed to over 3346524 shares changing hands. Over the past one week, the price volatility of Dell Technologies Inc. stands at 3.46% while the volatility over the past one month is 3.09%.

The market cap for DELL stock reached $31.35 billion, with 739.00 million shares outstanding and 251.09 million shares in the current float. Compared to the average trading volume of 3.44M shares, DELL reached a trading volume of 3346524 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about 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 $50.61 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.

Jefferies have made an estimate for Dell Technologies Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 31, 2022. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Outperform. The new note on the price target was released on August 17, 2022, representing the official price target for Dell Technologies Inc. stock. Previously, the target price had yet another drop from $68 to $61, while Goldman kept a Neutral rating on DELL stock. On March 31, 2022, analysts decreased their price target for DELL shares from 66 to 60.

The Average True Range (ATR) for Dell Technologies Inc. is set at 1.38, with the Price to Sales ratio for DELL stock in the period of the last 12 months amounting to 0.32.

How has DELL stock performed recently?

Dell Technologies Inc. [DELL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.97. With this latest performance, DELL shares gained by 11.13% in over the last four-week period, additionally sinking by -12.86% over the last 6 months – not to mention a drop of -24.41% 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 62.11, with the RSI for the last a single of trading hit 61.95, and the three-weeks RSI is set at 60.36 for Dell Technologies Inc. [DELL]. The present Moving Average for the last 50 days of trading for this stock 38.09, while it was recorded at 44.04 for the last single week of trading, and 44.89 for the last 200 days.

Dell Technologies Inc. [DELL]: Deeper insight into the 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.

Earnings analysis for Dell Technologies Inc. [DELL]

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 3.65%.

Insider trade positions for Dell Technologies Inc. [DELL]

There are presently around $8,389 million, or 77.00% of DELL stock, in the hands of institutional investors. The top three institutional holders of DELL stocks are: BLACKROCK INC. with ownership of 20,921,997, which is approximately -6.279% of the company’s market cap and around 1.10% of the total institutional ownership; DODGE & COX, holding 19,762,839 shares of the stock with an approximate value of $860.08 million in DELL stocks shares; and VANGUARD GROUP INC, currently with $717.62 million in DELL stock with ownership of nearly -1.967% of the company’s market capitalization.

253 institutional holders increased their position in Dell Technologies Inc. [NYSE:DELL] by around 19,169,162 shares. Additionally, 335 investors decreased positions by around 24,856,244 shares, while 164 investors held positions by with 148,733,678 shares. The mentioned changes placed institutional holdings at 192,759,084 shares, according to the latest SEC report filing. DELL stock had 53 new institutional investments in for a total of 5,539,098 shares, while 122 institutional investors sold positions of 3,988,611 shares during the same period.


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