Dell Technologies Inc. [NYSE: DELL] gained 21.25% on the last trading session, reaching $68.19 price per share at the time. The company report on August 31, 2023 at 4:05 PM that Dell Technologies Delivers Second Quarter Fiscal 2024 Financial Results.
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Dell Technologies Inc. represents 724.00 million in outstanding shares, while the company has a total market value of $41.05 billion with the latest information. DELL stock price has been found in the range of $63.86 to $70.28.
If compared to the average trading volume of 4.36M shares, DELL reached a trading volume of 31879852 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $64.19 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 2.10. 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.
TD Cowen have made an estimate for Dell Technologies Inc. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on September 01, 2023.
The Average True Range (ATR) for Dell Technologies Inc. is set at 2.31, with the Price to Sales ratio for DELL stock in the period of the last 12 months amounting to 0.42. Price to Free Cash Flow for DELL in the course of the last twelve months was 73.04 with Quick ratio for the last quarter at 0.70.
Trading performance analysis for DELL stock
Dell Technologies Inc. [DELL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.31. With this latest performance, DELL shares gained by 27.43% in over the last four-week period, additionally plugging by 71.37% over the last 6 months – not to mention a rise of 78.09% 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 80.92, with the RSI for the last a single of trading hit 85.65, and the three-weeks RSI is set at 77.16 for Dell Technologies Inc. [DELL]. The present Moving Average for the last 50 days of trading for this stock 54.87, while it was recorded at 58.76 for the last single week of trading, and 45.58 for the last 200 days.
Dell Technologies Inc. [DELL]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Dell Technologies Inc. [DELL] shares currently have an operating margin of +5.53 and a Gross Margin at +21.20. Dell Technologies Inc.’s Net Margin is presently recorded at +2.40.
Return on Total Capital for DELL is now 20.86, given the latest momentum, and Return on Invested Capital for the company is 12.00. Additionally, DELL Total Debt to Total Capital is recorded at 111.41, with Total Debt to Total Assets ending up at 34.01.
Reflecting on the efficiency of the workforce at the company, Dell Technologies Inc. [DELL] managed to generate an average of $18,361 per employee. Receivables Turnover for the company is 5.60 with a Total Asset Turnover recorded at a value of 1.11.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 Technologies Inc. [DELL]: An earnings per share (EPS) analysis
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 -1.60%.
An analysis of Institutional ownership at Dell Technologies Inc. [DELL]
The top three institutional holders of DELL stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in DELL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in DELL stock with ownership which is approximately 5.7381%.
