Healthy Upside Potential: Dell Technologies Inc (DELL)

With 2.08 million shares changed hands, the volume of the stock remained lighter than its average volume of 7.97 million shares. During the session, the Computer Hardware company that operates in wider Technology sector, reached to the highest price of $119.42 whereas the lowest price it dropped to was $118.18. The 52-week range on DELL shows that it touched its highest point at $179.70 and its lowest point at $74.32 during that stretch. It currently has a 1-year price target of $152.96. With its current market cap of 83.40 billion, DELL has annualized dividend of $1.71 while the current yield stands at 1.43%. Beta for the stock currently stands at 0.91.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DELL was up-trending over the past week, with a rise of 0.51%, but this was down by -17.56% over a month. Three-month performance dropped to -1.07% while six-month performance fell -14.00%. The stock gained 57.02% in the past year, while it has gained 55.40% so far this year. A look at the trailing 12-month EPS for DELL yields 5.66 with Next year EPS estimates of 9.40. For the next quarter, that number is 2.51. This implies an EPS growth rate of 9.74% for this year and 20.13% for next year.

Float and Shares Shorts:

At present, 334.00 million DELL shares are outstanding with a float of 331.31 million shares on hand for trading. On 2024-11-15, short shares totaled 10.14 million, which was 144.00001 higher than short shares on 1728950400. In addition to Mr. Michael Saul Dell as the firm’s Chairman & CEO, Ms. Yvonne McGill serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.75517 of DELL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-02, DELL reported revenue of $24366000000.0 and operating income of $1668000000.0. The EBITDA in the recently reported quarter was $2468000000.0 and diluted EPS was $1.58.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DELL since 16 analysts follow the stock currently. There are 14 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With DELL analysts setting a high price target of 220.0 and a low target of 115.0, the average target price over the next 12 months is 151.50708. Based on these targets, DELL could surge 84.97% to reach the target high and fall by -3.31% to reach the target low. Reaching the average price target will result in a growth of 27.38% from current levels.

Analysts have provided yearly estimates in a range of $6.69464 being high and $6.6346 being low. For DELL, this leads to a yearly average estimate of $6.65461. Based on analyst estimates, the high estimate for the next quarter is $2.11 and the low estimate is $1.61. The average estimate for the next quarter is thus $1.85.