Dell Technologies Inc [NYSE: DELL] stock went on a downward path that fall over -4.19% on Tuesday, amounting to a one-week price decrease of less than -4.32%.
Over the last 12 months, DELL stock rose by 82.67%. The one-year Dell Technologies Inc stock forecast points to a potential upside of 18.1. The average equity rating for DELL stock is currently 1.54, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $87.71 billion, with 728.50 million shares outstanding and 308.39 million shares in the current float. Compared to the average trading volume of 11.07M shares, DELL stock reached a trading volume of 7069092 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 $147.00 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 1.54. 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.
Deutsche Bank have made an estimate for Dell Technologies Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 27, 2024. While these analysts kept the previous recommendation, Mizuho raised their target price to Outperform. The new note on the price target was released on September 17, 2024, representing the official price target for Dell Technologies Inc stock. Previously, the target price had yet another raise to $120, while Susquehanna analysts kept a Neutral rating on DELL stock.
The Average True Range (ATR) for Dell Technologies Inc is set at 4.12, with the Price to Sales ratio for DELL stock in the period of the last 12 months amounting to 0.96. Price to Free Cash Flow for DELL in the course of the last twelve months was 26.11 with Quick ratio for the last quarter at 0.51.
DELL Stock Performance Analysis:
Dell Technologies Inc [DELL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.32. With this latest performance, DELL shares gained by 2.41% in over the last four-week period, additionally sinking by -0.19% over the last 6 months – not to mention a rise of 82.67% 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 48.93, with the RSI for the last a single of trading hit 43.32, and the three-weeks RSI is set at 50.69 for Dell Technologies Inc [DELL]. The present Moving Average for the last 50 days of trading for this stock 115.66, while it was recorded at 125.69 for the last single week of trading, and 116.25 for the last 200 days.
Insight into Dell Technologies Inc Fundamentals:
Dell Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.51 and a Current Ratio set at 0.62.
DELL Stock EPS
With the latest financial reports released by the company, Dell Technologies Inc posted 1.88/share EPS, while the average EPS was predicted by analysts to be reported at 1.47/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.41. 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 13.66%.
Dell Technologies Inc [DELL] Institutonal Ownership Details
There are presently around $68.80%, or 72.76%% of DELL stock, in the hands of institutional investors. The top three institutional holders of DELL stocks are: VANGUARD GROUP INC with ownership of 17.58 million shares, which is approximately 2.4828%. BLACKROCK INC., holding 15.48 million shares of the stock with an approximate value of $$2.13 billion in DELL stocks shares; and BLACKROCK INC., currently with $$1.99 billion in DELL stock with ownership which is approximately 2.038%.
