Investors are poised to add Dell Technologies Inc (DELL) Stock to their long term portfolios

At the time of writing, Dell Technologies Inc [DELL] stock is trading at $145.06, down -2.33%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DELL shares have gain 7.44% over the last week, with a monthly amount drifted -1.48%, and not 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.

For the past year, the stock price of Dell Technologies Inc fluctuated between $49.40 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 $145.06 at the most recent close of the market. An investor can expect a potential drop of -36.7% based on the average DELL price forecast.

Analyzing the DELL fundamentals

According to Dell Technologies Inc [NYSE:DELL], the company’s sales were 89.74B for trailing twelve months, which represents an 5.79% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-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 141.40 points at the first support level, and at 137.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 147.95, and for the 2nd resistance point, it is at 150.85.

Ratios To Look Out For

It is important to note that Dell Technologies Inc [NYSE:DELL] has a current ratio of 0.73. In addition, the Quick Ratio stands at 0.63 and the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 1.15 and price to earnings (TTM) ratio is 29.63.

Transactions by insiders

Recent insider trading involved SLTA IV (GP), L.L.C., Director, that happened on Jun 18 ’24 when 1.09 million shares were sold. Director, SLTA V (GP), L.L.C. completed a deal on Jun 18 ’24 to sell 1.09 million shares. Meanwhile, Pres., Glob. Sales & Cust. Ops Scannell William F sold 0.16 million shares on Jun 18 ’24.

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