Dell Technologies Inc (DELL) concluded trading on Thursday at a closing price of $82.72, with 4.41 million shares of worth about $364.98 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 49.80% during that period and on Thursday the price saw a loss of about -3.86%. Currently the company’s common shares owned by public are about 242.00M shares, out of which, 241.51M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 62 times over the past 12 months. They bought 2,191,994 shares in 23 of the transactions. In 39 selling transactions, insiders dumped 7,894,703 shares.
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However, the stock later moved at a day high price of 85.91, or with a loss of -3.86%. Stock saw a price change of -2.45% in past 5 days and over the past one month there was a price change of 6.52%. Year-to-date (YTD), DELL shares are showing a performance of 8.13% which increased to 92.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $35.96 but also hit the highest price of $86.90 during that period. The average intraday trading volume for Dell Technologies Inc shares is 4.16 million. The stock is currently trading -1.47% below its 20-day simple moving average (SMA20), while that difference is up 5.84% for SMA50 and it goes to 29.38% higher than SMA200.
Dell Technologies Inc (NYSE: DELL) currently have 242.00M outstanding shares and institutions hold larger chunk of about 28.09% of that.
The stock has a current market capitalization of $58.43B and its 3Y-monthly beta is at 0.88. PE ratio of stock for trailing 12 months is 22.90, while it has posted earnings per share of $3.61 in the same period. Its PEG reads 28.27 and has Quick Ratio of 0.63. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DELL, volatility over the week remained 2.25% while standing at 2.65% over the month.
Analysts are in expectations that Dell Technologies Inc (DELL) stock would likely to be making an EPS of $1.73 in the current quarter, while forecast for next quarter EPS is $1.43 and it is $7.13 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.65 which is $1.82 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $1.8 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -12.53% while it is estimated to increase by 6.81% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on January 08, 2024 offering an Overweight rating for the stock and assigned a target price range of between $77 and $90 to it.