Dell Technologies Inc (NYSE: DELL): Reassessing Prospects

Dell Technologies Inc (DELL) concluded trading on Wednesday at a closing price of $112.92, with 5.27 million shares of worth about $594.72 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 18.53% during that period and on February 12, 2025 the price saw a gain of about 1.33%. Currently the company’s common shares owned by public are about 334.00M shares, out of which, 310.02M shares are available for trading.

Stock saw a price change of 8.11% in past 5 days and over the past one month there was a price change of 2.50%. Year-to-date (YTD), DELL shares are showing a performance of -2.01% which increased to 31.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $80.49 but also hit the highest price of $179.70 during that period. The average intraday trading volume for Dell Technologies Inc shares is 8.13 million. The stock is currently trading 4.75% above its 20-day simple moving average (SMA20), while that difference is down -1.37% for SMA50 and it goes to -8.60% lower than SMA200.

Dell Technologies Inc (NYSE: DELL) currently have 334.00M outstanding shares and institutions hold larger chunk of about 34.85% of that.

The stock has a current market capitalization of $79.24B and its 3Y-monthly beta is at 0.82. PE ratio of stock for trailing 12 months is 19.96, while it has posted earnings per share of $5.66 in the same period. Its PEG reads 1.39 and has Quick Ratio of 0.55. 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 3.27% while standing at 3.53% over the month.

Stock’s fiscal year EPS is expected to rise by 9.85% while it is estimated to increase by 19.80% in next year.

Coverage by Deutsche Bank stated Dell Technologies Inc (DELL) stock as a Buy in their note to investors on September 27, 2024, suggesting a price target of $144 for the stock. On September 17, 2024, Mizuho Initiated their recommendations, while on September 10, 2024, Susquehanna Initiated their ratings for the stock with a price target of $120. Stock get an Overweight rating from Fox Advisors on August 30, 2024.

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