Currently, there are 334.00M common shares owned by the public and among those 309.98M shares have been available to trade.
The company’s stock has a 5-day price change of 7.53% and -16.19% over the past three months. DELL shares are trading -0.75% year to date (YTD), with the 12-month market performance up to 36.20% higher. It has a 12-month low price of $80.49 and touched a high of $179.70 over the same period. DELL has an average intraday trading volume of 8.15 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.85%, 0.41%, and -7.31% respectively.
Institutional ownership of Dell Technologies Inc (NYSE: DELL) shares accounts for 35.43% of the company’s 334.00M shares outstanding.
It has a market capitalization of $80.26B and a beta (3y monthly) value of 0.83. The stock’s trailing 12-month PE ratio is 20.22, while the earnings-per-share (ttm) stands at $5.66. The company has a PEG of 1.43 and a Quick Ratio of 0.55. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.06% over the week and 3.60% over the month.
Analysts forecast that Dell Technologies Inc (DELL) will achieve an EPS of 2.52 for the current quarter, 1.85 for the next quarter and 9.34 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 2.4 while analysts give the company a high EPS estimate of 2.4. Comparatively, EPS for the current quarter was 2.2 a year ago. Earnings per share for the fiscal year are expected to increase by 9.83%, and 19.24% over the next financial year.
Deutsche Bank coverage for the Dell Technologies Inc (DELL) stock in a research note released on September 27, 2024 offered a Buy rating with a price target of $144. Mizuho was of a view on September 17, 2024 that the stock is Outperform, while Susquehanna gave the stock Neutral rating on September 10, 2024, issuing a price target of $120. Fox Advisors on their part issued Overweight rating on August 30, 2024.
