Dell Technologies Inc (DELL) concluded trading on Wednesday at a closing price of $131.61, with 4.79 million shares of worth about $630.18 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 82.87% during that period and on May 08, 2024 the price saw a gain of about 3.18%. Currently the company’s common shares owned by public are about 266.00M shares, out of which, 265.69M shares are available for trading.
Stock saw a price change of 10.80% in past 5 days and over the past one month there was a price change of 6.37%. Year-to-date (YTD), DELL shares are showing a performance of 72.04% which increased to 185.98% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $44.19 but also hit the highest price of $136.16 during that period. The average intraday trading volume for Dell Technologies Inc shares is 8.27 million. The stock is currently trading 7.89% above its 20-day simple moving average (SMA20), while that difference is up 12.03% for SMA50 and it goes to 59.98% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Dell Technologies Inc (NYSE: DELL) currently have 266.00M outstanding shares and institutions hold larger chunk of about 28.29% of that.
The stock has a current market capitalization of $93.94B and its 3Y-monthly beta is at 0.83. PE ratio of stock for trailing 12 months is 30.14, while it has posted earnings per share of $4.37 in the same period. Its PEG reads 37.21 and has Quick Ratio of 0.67. 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 3.71% while standing at 4.12% over the month.
Analysts are in expectations that Dell Technologies Inc (DELL) stock would likely to be making an EPS of $1.21 in the current quarter, while forecast for next quarter EPS is $1.81 and it is $8.56 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.15 which is $1.42 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 $1.31 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 6.33% while it is estimated to increase by 13.44% 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 TD Cowen on March 01, 2024 offering a Market perform rating for the stock and assigned a target price range of between $75 and $105 to it. Coverage by Loop Capital stated Dell Technologies Inc (DELL) stock as a Buy in their note to investors on February 28, 2024, suggesting a price target of $125 for the stock. On February 23, 2024, Evercore ISI Reiterated their recommendations, while on January 08, 2024, JP Morgan Upgrade their ratings for the stock with a price target of $90. Stock get a Market perform rating from TD Cowen on December 01, 2023.
