The stock of Dell Technologies Inc (DELL) has gone up by 8.26% for the week, with a -0.73% drop in the past month and a 28.17% rise in the past quarter. The volatility ratio for the week is 6.23%, and the volatility levels for the past 30 days are 6.04% for DELL. The simple moving average for the last 20 days is 1.11% for DELL stock, with a simple moving average of 53.26% for the last 200 days.
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 29.85x. The 36-month beta value for DELL is also noteworthy at 0.93. 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.”
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The public float for DELL is 276.82M, and at present, short sellers hold a 4.89% of that float. The average trading volume of DELL on June 21, 2024 was 12.53M shares.
DELL) stock’s latest price update
Dell Technologies Inc (NYSE: DELL)’s stock price has decreased by -1.58 compared to its previous closing price of 148.52. However, the company has seen a 8.26% increase in its stock price over the last five trading sessions. marketbeat.com reported 2024-06-21 that Investors can often dissect the reasoning behind some of the world’s brightest minds’ choices, remembering not to blindly follow them. The investing world is always focused on what mega investors like Warren Buffett or Ray Dalio have been buying or selling lately; however, other gems in other areas should also be kept under watch.
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 “Hold.” The predicted price for DELL in the upcoming period, according to TD Cowen is $155 based on the research report published on May 31, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see DELL reach a price target of $180, previously predicting the price at $130. The rating they have provided for DELL stocks is “Buy” according to the report published on May 29th, 2024.
Wells Fargo gave a rating of “Overweight” to DELL, setting the target price at $170 in the report published on May 21st of the current year.
DELL Trading at 8.60% 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 -18.66% of loss for the given period.
Volatility was left at 6.04%, however, over the last 30 days, the volatility rate increased by 6.23%, as shares sank -2.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.79% upper at present.
During the last 5 trading sessions, DELL rose by +6.71%, which changed the moving average for the period of 200-days by +111.57% in comparison to the 20-day moving average, which settled at $144.38. In addition, Dell Technologies Inc saw 91.07% 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 1,090,182 shares at the price of $149.61 back on Jun 18 ’24. After this action, SLTA IV (GP), L.L.C. now owns 0 shares of Dell Technologies Inc, valued at $163,102,639 using the latest closing price.
SLTA V (GP), L.L.C., the Director of Dell Technologies Inc, sale 1,090,182 shares at $149.61 during a trade that took place back on Jun 18 ’24, which means that SLTA V (GP), L.L.C. is holding 0 shares at $163,102,639 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
- 0.23 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 1.12 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at -9.11. The interest coverage ratio of the stock is 3.66.
Currently, EBITDA for the company is 8.78 billion with net debt to EBITDA at 2.95. When we switch over and look at the enterprise to sales, we see a ratio of 1.38. The receivables turnover for the company is 6.79for trailing twelve months and the total asset turnover is 1.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.73.
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’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
