The stock of Dell Technologies Inc (DELL) has gone down by -0.56% for the week, with a 11.30% rise in the past month and a 31.47% rise in the past quarter. The volatility ratio for the week is 1.74%, and the volatility levels for the past 30 days are 2.17% for DELL. The simple moving average for the past 20 days is 4.95% for DELL’s stock, with a 38.20% simple moving average for the past 200 days.
Is It Worth Investing in Dell Technologies Inc (NYSE: DELL) Right Now?
Dell Technologies Inc (NYSE: DELL) has a price-to-earnings ratio of 28.41x that is above its average ratio. Additionally, the 36-month beta value for DELL is 0.91. There are mixed opinions on the stock, with 11 analysts rating it as a “buy,” 3 rating it as “overweight,” 4 rating it as “hold,” and 1 rating it as “sell.”
The average price predicted by analysts for DELL is $75.46, which is $2.1 above the current price. The public float for DELL is 248.93M and currently, short sellers hold a 3.80% ratio of that float. The average trading volume of DELL on November 21, 2023 was 5.10M shares.
DELL) stock’s latest price update
Dell Technologies Inc (NYSE: DELL)’s stock price has plunge by -0.33relation to previous closing price of 73.60. Nevertheless, the company has seen a -0.56% plunge in its stock price over the last five trading sessions. PRNewsWire reported 2023-11-20 that ROUND ROCK, Texas, Nov. 20, 2023 /PRNewswire/ — Dell Technologies (NYSE: DELL) will conduct a conference call Thursday, Nov. 30, 2023, at 3:30 p.m. CST to discuss its fiscal 2024 third quarter financial results.
Analysts’ Opinion of DELL
Many brokerage firms have already submitted their reports for DELL stocks, with Daiwa Securities repeating the rating for DELL by listing it as a “Outperform.” The predicted price for DELL in the upcoming period, according to Daiwa Securities is $80 based on the research report published on September 19, 2023 of the current year 2023.
DELL Trading at 6.15% from the 50-Day Moving Average
After a stumble in the market that brought DELL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.48% of loss for the given period.
Volatility was left at 2.17%, however, over the last 30 days, the volatility rate increased by 1.74%, as shares surge +11.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.66% upper at present.
During the last 5 trading sessions, DELL fell by -0.56%, which changed the moving average for the period of 200-days by +73.67% in comparison to the 20-day moving average, which settled at $70.29. In addition, Dell Technologies Inc saw 82.40% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at DELL starting from Rothberg Richard J, who sale 30,009 shares at the price of $68.00 back on Sep 06. After this action, Rothberg Richard J now owns 99,899 shares of Dell Technologies Inc, valued at $2,040,612 using the latest closing price.
Whitten Anthony Charles, the Co-Chief Operating Officer of Dell Technologies Inc, sale 107,803 shares at $55.14 during a trade that took place back on Aug 17, which means that Whitten Anthony Charles is holding 650,198 shares at $5,943,731 based on the most recent closing price.
Stock Fundamentals for DELL
Current profitability levels for the company are sitting at:
- +5.53 for the present operating margin
- +21.20 for the gross margin
The net margin for Dell Technologies Inc stands at +2.40. The total capital return value is set at 20.86, while invested capital returns managed to touch 12.00. Equity return is now at value 65.63, with 2.18 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 0.80, with the company’s debt to enterprise value settled at 0.57. The receivables turnover for the company is 5.60 and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.76.
In conclusion, Dell Technologies Inc (DELL) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.