The stock of Dell Technologies Inc (DELL) has seen a 5.65% increase in the past week, with a 25.27% gain in the past month, and a 54.64% flourish in the past quarter. The volatility ratio for the week is 3.04%, and the volatility levels for the past 30 days are at 4.37% for DELL. The simple moving average for the last 20 days is 4.15% for DELL’s stock, with a simple moving average of 62.90% for the last 200 days.
Is It Worth Investing in Dell Technologies Inc (NYSE: DELL) Right Now?
Dell Technologies Inc (NYSE: DELL) has a higher price-to-earnings ratio of 27.16x compared to its average ratio, The 36-month beta value for DELL is at 0.92. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DELL is 245.31M, and currently, shorts hold a 3.16% of that float. The average trading volume for DELL on April 01, 2024 was 6.70M shares.
DELL) stock’s latest price update
Dell Technologies Inc (NYSE: DELL)’s stock price has soared by 3.92 in relation to previous closing price of 114.11. Nevertheless, the company has seen a gain of 5.65% in its stock price over the last five trading days. InvestorPlace reported 2024-03-31 that It’s been a remarkably strong quarter for artificial intelligence (AI) stocks as investors continue to flock to firms that have the best chances of monetizing the new technology. Going into the second quarter, the price of admission to numerous AI stocks has undoubtedly risen.
Analysts’ Opinion of DELL
Many brokerage firms have already submitted their reports for DELL stocks, with TD Cowen repeating the rating for DELL by listing it as a “Market Perform.” The predicted price for DELL in the upcoming period, according to TD Cowen is $105 based on the research report published on March 01, 2024 of the current year 2024.
Loop Capital, on the other hand, stated in their research note that they expect to see DELL reach a price target of $125. The rating they have provided for DELL stocks is “Buy” according to the report published on February 28th, 2024.
Evercore ISI gave a rating of “Outperform” to DELL, setting the target price at $95 in the report published on February 23rd of the current year.
DELL Trading at 22.57% 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 -9.52% of loss for the given period.
Volatility was left at 4.37%, however, over the last 30 days, the volatility rate increased by 3.04%, as shares sank -5.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +50.60% upper at present.
During the last 5 trading sessions, DELL rose by +5.21%, which changed the moving average for the period of 200-days by +141.98% in comparison to the 20-day moving average, which settled at $113.53. In addition, Dell Technologies Inc saw 55.01% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DELL starting from SLTA IV (GP), L.L.C., who sale 1,019,203 shares at the price of $110.06 back on Mar 21 ’24. After this action, SLTA IV (GP), L.L.C. now owns 0 shares of Dell Technologies Inc, valued at $112,177,649 using the latest closing price.
SLTA V (GP), L.L.C., the Director of Dell Technologies Inc, sale 1,019,203 shares at $110.06 during a trade that took place back on Mar 21 ’24, which means that SLTA V (GP), L.L.C. is holding 0 shares at $112,177,649 based on the most recent closing price.
Stock Fundamentals for DELL
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.24 for the gross margin
The net margin for Dell Technologies Inc stands at 0.04. The total capital return value is set at 0.16.
Based on Dell Technologies Inc (DELL), the company’s capital structure generated 1.1 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at -10.81. The interest coverage ratio of the stock is 3.74.
Currently, EBITDA for the company is 8.78 billion with net debt to EBITDA at 3.03. When we switch over and look at the enterprise to sales, we see a ratio of 1.19. The receivables turnover for the company is 6.32for trailing twelve months and the total asset turnover is 1.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.
Conclusion
In conclusion, Dell Technologies Inc (DELL) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
