Dell Technologies Inc (NYSE: DELL)’s stock price has soared by 4.37 in relation to previous closing price of 127.16. Nevertheless, the company has seen a gain of 16.31% in its stock price over the last five trading days. The Motley Fool reported 2024-04-06 that Dell Technologies’ AI server orders grew rapidly last quarter. Dell is also in a position to benefit from the growing adoption of AI PCs.
Is It Worth Investing in Dell Technologies Inc (NYSE: DELL) Right Now?
The price-to-earnings ratio for Dell Technologies Inc (NYSE: DELL) is above average at 30.40x. The 36-month beta value for DELL is also noteworthy at 0.88. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for DELL is 256.44M, and at present, short sellers hold a 3.02% of that float. The average trading volume of DELL on April 08, 2024 was 7.34M shares.
DELL’s Market Performance
DELL’s stock has seen a 16.31% increase for the week, with a 12.00% rise in the past month and a 74.70% gain in the past quarter. The volatility ratio for the week is 6.64%, and the volatility levels for the past 30 days are at 4.36% for Dell Technologies Inc The simple moving average for the last 20 days is 16.00% for DELL’s stock, with a simple moving average of 78.69% for the last 200 days.
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 32.56% 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 -2.53% of loss for the given period.
Volatility was left at 4.36%, however, over the last 30 days, the volatility rate increased by 6.64%, as shares surge +10.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +58.55% upper at present.
During the last 5 trading sessions, DELL rose by +16.31%, which changed the moving average for the period of 200-days by +169.05% in comparison to the 20-day moving average, which settled at $115.03. In addition, Dell Technologies Inc saw 73.49% 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 346,931 shares at the price of $133.19 back on Apr 04 ’24. After this action, SLTA IV (GP), L.L.C. now owns 152 shares of Dell Technologies Inc, valued at $46,207,922 using the latest closing price.
SLTA V (GP), L.L.C., the Director of Dell Technologies Inc, sale 346,931 shares at $133.19 during a trade that took place back on Apr 04 ’24, which means that SLTA V (GP), L.L.C. is holding 152 shares at $46,207,922 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 1.28. 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 summary, Dell Technologies Inc (DELL) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
