At the time of writing, Dell Technologies Inc [DELL] stock is trading at $149.52, up 2.20%. An important factor to consider is whether the stock is rising or falling in short-term value. The DELL shares have gain 12.62% over the last week, with a monthly amount glided 26.32%, 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 May 15, 2024, when Morgan Stanley reiterated its Overweight rating and also boosted its price target to $152 from $128. Previously, TD Cowen reaffirmed its Market Perform rating on March 01, 2024, and elevated its price target to $105. On February 28, 2024, Loop Capital initiated with a Buy rating and assigned a price target of $125 on the stock. Evercore ISI reiterated its Outperform rating and increased its price target to $95 on February 23, 2024. JP Morgan upgraded its rating to a Overweight and raised its price target to $90 on January 08, 2024. TD Cowen reiterated a Market Perform rating for this stock on December 01, 2023, and upped its price target to $75. In a note dated September 19, 2023, Daiwa Securities upgraded an Outperform rating on this stock and boosted its target price from $50 to $80.
For the past year, the stock price of Dell Technologies Inc fluctuated between $44.45 and $150.84. Currently, Wall Street analysts expect the stock to reach $77.46 within the next 12 months. Dell Technologies Inc [NYSE: DELL] shares were valued at $149.52 at the most recent close of the market. An investor can expect a potential drop of -48.19% based on the average DELL price forecast.
Analyzing the DELL fundamentals
According to Dell Technologies Inc [NYSE:DELL], the company’s sales were 88.52B for trailing twelve months, which represents an -10.81% plunge. 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 146.84 points at the first support level, and at 144.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 151.24, and for the 2nd resistance point, it is at 152.96.
Ratios To Look Out For
It is important to note that Dell Technologies Inc [NYSE:DELL] has a current ratio of 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 1.21 and price to earnings (TTM) ratio is 34.24.
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.
