Dell Technologies Inc (DELL) stock expected to loss -51.64% in the coming months

At the time of writing, Dell Technologies Inc [DELL] stock is trading at $160.18, up 4.30%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DELL shares have gain 7.13% over the last week, with a monthly amount glided 28.24%, 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 21, 2024, when Wells Fargo reiterated its Overweight rating and also boosted its price target to $170 from $140. Previously, Citigroup reaffirmed its Buy rating on May 21, 2024, and elevated its price target to $170. On May 21, 2024, Barclays reiterated its Underweight rating and revised its price target to $98 on the stock. Morgan Stanley reiterated its Overweight rating and increased its price target to $152 on May 15, 2024. TD Cowen reiterated its recommendation of a Market Perform and raised its price target to $105 on March 01, 2024. Loop Capital started tracking with a Buy rating for this stock on February 28, 2024, and assigned it a price target of $125. In a note dated February 23, 2024, Evercore ISI reiterated an Outperform rating on this stock and boosted its target price from $85 to $95.

For the past year, the stock price of Dell Technologies Inc fluctuated between $44.45 and $162.71. 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 $160.18 at the most recent close of the market. An investor can expect a potential drop of -51.64% 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 154.27 points at the first support level, and at 148.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 166.43, and for the 2nd resistance point, it is at 172.68.

Ratios To Look Out For

It is important to note that Dell Technologies Inc [NYSE:DELL] has a current ratio of 0.74. Also, the Quick Ratio is 0.67, while the Cash Ratio stands at 0.15. Considering the valuation of this stock, the price to sales ratio is 1.29 and price to earnings (TTM) ratio is 36.68.

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.

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