A share price of Dell Technologies Inc [DELL] is currently trading at $135.02, up 2.44%. 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 0.79% over the last week, with a monthly amount glided 0.67%, 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 31, 2024, when TD Cowen reiterated its Hold rating and also boosted its price target to $155 from $105. Previously, BofA Securities reaffirmed its Buy rating on May 29, 2024, and elevated its price target to $180. On May 21, 2024, Wells Fargo reiterated its Overweight rating and revised its price target to $170 on the stock. Citigroup reiterated its Buy rating and increased its price target to $170 on May 21, 2024. Barclays reiterated its recommendation of a Underweight and raised its price target to $98 on May 21, 2024. Morgan Stanley reiterated a Overweight rating for this stock on May 15, 2024, and upped its price target to $152. In a note dated March 01, 2024, TD Cowen reiterated an Market Perform rating on this stock and boosted its target price from $75 to $105.
Dell Technologies Inc experienced fluctuations in its stock price throughout the past year between $48.25 and $179.70. Currently, Wall Street analysts expect the stock to reach $91.82 within the next 12 months. Dell Technologies Inc [NYSE: DELL] shares were valued at $135.02 at the most recent close of the market. An investor can expect a potential drop of -32.0% based on the average DELL price forecast.
Analyzing the DELL fundamentals
Trailing Twelve Months sales for Dell Technologies Inc [NYSE:DELL] were 89.74B which represents 5.79% growth. Gross Profit Margin for this corporation currently stands at 0.23% 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 -1.35 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -9.11.
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 132.48 points at the first support level, and at 129.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 136.87, and for the 2nd resistance point, it is at 138.73.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Dell Technologies Inc [NYSE:DELL] is 0.73. Also, the Quick Ratio is 0.63, while the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 1.07 and price to earnings (TTM) ratio is 27.58.
Transactions by insiders
Recent insider trading involved DELL MICHAEL S, Chief Executive Officer, that happened on Jun 13 ’24 when 3.48 million shares were sold. Chief Executive Officer, DELL MICHAEL S completed a deal on Jun 12 ’24 to sell 1.21 million shares. Meanwhile, Chief Executive Officer DELL MICHAEL S sold 1.0 million shares on Jun 11 ’24.
