Dell Technologies Inc (DELL) Stock Short-term Performance Analysis

A share price of Dell Technologies Inc [DELL] is currently trading at $115.54, up 4.33%. An important factor to consider is whether the stock is rising or falling in short-term value. The DELL shares have gain 3.15% over the last week, with a monthly amount glided 6.56%, 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 August 30, 2024, when Fox Advisors upgraded its rating to a Overweight. Previously, TD Cowen reaffirmed its Hold rating on August 30, 2024, and dropped its price target to $128. On August 13, 2024, upgrade upgraded it’s rating to Equal Weight but maintained its price target of $97 on the stock. TD Cowen reiterated its Hold rating and increased its price target to $155 on May 31, 2024. BofA Securities reiterated its recommendation of a Buy and raised its price target to $180 on May 29, 2024. Wells Fargo reiterated a Overweight rating for this stock on May 21, 2024, and upped its price target to $170. In a note dated May 21, 2024, Citigroup reiterated an Buy rating on this stock and boosted its target price from $125 to $170.

Dell Technologies Inc experienced fluctuations in its stock price throughout the past year between $53.62 and $179.70. Currently, Wall Street analysts expect the stock to reach $112.3 within the next 12 months. Dell Technologies Inc [NYSE: DELL] shares were valued at $115.54 at the most recent close of the market. An investor can expect a potential drop of -2.8% based on the average DELL price forecast.

Analyzing the DELL fundamentals

Trailing Twelve Months sales for Dell Technologies Inc [NYSE:DELL] were 91.77B which represents 8.82% growth. Gross Profit Margin for this corporation currently stands at 0.22% 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 0.05, Equity is -1.47 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-8.47.

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 111.55 points at the first support level, and at 107.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 118.62, and for the 2nd resistance point, it is at 121.71.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Dell Technologies Inc [NYSE:DELL] is 0.72. On the other hand, the Quick Ratio is 0.61, and the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 0.89 and price to earnings (TTM) ratio is 21.24.

Transactions by insiders

Recent insider trading involved Silver Lake Group, L.L.C., Director, that happened on Jul 16 ’24 when 25381.0 shares were sold. Director, SLTA IV (GP), L.L.C. completed a deal on Jul 10 ’24 to sell 16887.0 shares. Meanwhile, Director SLTA V (GP), L.L.C. sold 16887.0 shares on Jul 10 ’24.

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