Dell Technologies Inc [DELL] stock prices are up 3.92% to $124.91 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The DELL shares have gain 5.53% over the last week, with a monthly amount glided 8.95%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Dell Technologies Inc [NYSE: DELL] stock has seen the most recent analyst activity on March 01, 2024, when TD Cowen reiterated its Market Perform rating and also boosted its price target to $105 from $75. Previously, Loop Capital started tracking the stock with Buy rating on February 28, 2024, and set its price target to $125. On February 23, 2024, Evercore ISI reiterated its Outperform rating and revised its price target to $95 on the stock. JP Morgan upgraded its rating to a Overweight and increased its price target to $90 on January 08, 2024. TD Cowen reiterated its recommendation of a Market Perform and raised its price target to $75 on December 01, 2023. Daiwa Securities upgraded its rating to Outperform for this stock on September 19, 2023, and upped its price target to $80. In a note dated September 07, 2023, Barclays downgraded an Underweight rating on this stock but restated the target price of $53.
The stock price of Dell Technologies Inc [DELL] has been fluctuating between $41.47 and $136.16 over the past year. Currently, Wall Street analysts expect the stock to reach $70.73 within the next 12 months. Dell Technologies Inc [NYSE: DELL] shares were valued at $124.91 at the most recent close of the market. An investor can expect a potential drop of -43.38% based on the average DELL price forecast.
Analyzing the DELL fundamentals
The Dell Technologies Inc [NYSE:DELL] reported sales of 88.52B for trailing twelve months, representing a drop of -10.81%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is -1.18 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-10.81.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 119.51 points at the first support level, and at 114.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 127.79, and for the 2nd resistance point, it is at 130.68.
Dell Technologies Inc [DELL] reported earnings per share of $2.2 for its fiscal quarter that ended on 1/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.73/share, meaning a difference of $0.47 and a surprise factor of 27.20%. By comparison, the stated earnings for the previous quarter ended on 10/31/2023 were $1.88 per share as compared to estimates of $1.47 per share, a difference of $0.41 representing a surprise of 27.90%.
Ratios To Look Out For
It’s worth pointing out that Dell Technologies Inc [NYSE:DELL]’s Current Ratio is 0.74. On the other hand, the Quick Ratio is 0.67, and the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 1.01 and price to earnings (TTM) ratio is 28.61.
Transactions by insiders
Recent insider trading involved Rothberg Richard J, General Counsel & Secretary, that happened on Apr 08 ’24 when 93954.0 shares were sold. Director, SLTA IV (GP), L.L.C. completed a deal on Apr 04 ’24 to sell 0.35 million shares. Meanwhile, Director SLTA V (GP), L.L.C. sold 0.35 million shares on Apr 04 ’24.
