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

Dell Technologies Inc [DELL] stock prices are up 0.96% to $115.40 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The DELL shares have gain 8.98% over the last week, with a monthly amount glided 4.71%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Dell Technologies Inc [NYSE: DELL] stock has seen the most recent analyst activity on September 10, 2024, when Susquehanna initiated its Neutral rating and assigned the stock a price target of $120. Previously, Fox Advisors upgraded its rating to Overweight on August 30, 2024. On August 30, 2024, TD Cowen reiterated its Hold rating and revised its price target to $128 on the stock. Barclays upgraded its rating to a Equal Weight but stick to its price target of $97 on August 13, 2024. TD Cowen reiterated its recommendation of a Hold and raised its price target to $155 on May 31, 2024. BofA Securities reiterated a Buy rating for this stock on May 29, 2024, and upped its price target to $180. In a note dated May 21, 2024, Wells Fargo reiterated an Overweight rating on this stock and boosted its target price from $140 to $170.

The stock price of Dell Technologies Inc [DELL] has been fluctuating between $63.90 and $179.70 over the past year. Currently, Wall Street analysts expect the stock to reach $114.09 within the next 12 months. Dell Technologies Inc [NYSE: DELL] shares were valued at $115.40 at the most recent close of the market. An investor can expect a potential drop of -1.14% based on the average DELL price forecast.

Analyzing the DELL fundamentals

The Dell Technologies Inc [NYSE:DELL] reported sales of 91.75B for trailing twelve months, representing a surge of 8.76%. 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 113.15 points at the first support level, and at 110.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 116.73, and for the 2nd resistance point, it is at 118.05.

Ratios To Look Out For

It’s worth pointing out that Dell Technologies Inc [NYSE:DELL]’s Current Ratio is 0.62. On the other hand, the Quick Ratio is 0.51, and the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 0.88 and price to earnings (TTM) ratio is 21.22.

Transactions by insiders

Recent insider trading involved McGill Yvonne, Chief Financial Officer, that happened on Sep 12 ’24 when 8000.0 shares were sold. Chief Executive Officer, DELL MICHAEL S completed a deal on Sep 11 ’24 to sell 1.6 million shares. Meanwhile, Chief Executive Officer DELL MICHAEL S sold 1.28 million shares on Sep 12 ’24.

Related Posts