Dell Technologies Inc. (NYSE: DELL) Gain Of 44.21% Compared To 52-Week Low; YTD Rise 46.06% – What Should You Do Now? – Marketing Sentinel
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Dell Technologies Inc. (NYSE: DELL) Gain Of 44.21% Compared To 52-Week Low; YTD Rise 46.06% – What Should You Do Now?

Dell Technologies Inc. (NYSE:DELL)’s traded shares stood at 0.94 million during the latest session, with the company’s beta value hitting 0.89. At the last check today, the stock’s price was $105.53, to imply a decrease of -1.42% or -$1.52 in intraday trading. The DELL share’s 52-week high remains $107.48, putting it -1.85% down since that peak but still an impressive 44.21% since price per share fell to its 52-week low of $58.88. The company has a valuation of $80.56B, with an average of 2.04 million shares in intraday trading volume over the past 10 days and average of 2.11 million shares over the past 3 months.

Analysts have given a consensus recommendation of an Overweight for Dell Technologies Inc. (DELL), translating to a mean rating of 2.10. Of 20 analyst(s) looking at the stock, 0 analyst(s) give DELL a Sell rating. 3 of those analysts rate the stock as Overweight while 5 advise Hold as 11 recommend it as a Buy. 1 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $2.3.

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Dell Technologies Inc. (NYSE:DELL) trade information

After registering a -1.42% downside in the latest session, Dell Technologies Inc. (DELL) has traded red over the past five days. The stock hit a weekly high of 107.80 this Thursday, 10/07/21, dropping -1.42% in its intraday price action. The 5-day price performance for the stock is 2.89%, and 12.81% over 30 days. With these gigs, the year-to-date price performance is 46.06%. Short interest in Dell Technologies Inc. (NYSE:DELL) saw shorts transact 7.36 million shares and set a 4.61 days time to cover.

Analysts on Wall Street suggest a consensus price target of $119.12, implying an increase of 11.41% to the stock’s recent value. The extremes give us $101.00 and $137.00 for target low and target high price respectively. As such, DELL has been trading -29.82% off suggested target high and 4.29% from its likely low.

Dell Technologies Inc. (DELL) estimates and forecasts

Looking at statistics comparing Dell Technologies Inc. share performance against respective industry, we note that the company has outperformed competitors. Dell Technologies Inc. (DELL) shares are 14.03% up over the last 6 months, with its year-to-date growth rate higher than industry average at 16.50% against 5.60%. Revenue is forecast to grow 13.30% this quarter before falling -5.20% for the next one. The rating firms project that company’s revenue will grow 12.60% compared to the previous financial year.

Revenue forecast for the current quarter as set by 12 analysts is $27.18 billion. Meanwhile, for the quarter ending Jan 2022, a total of 12 analyst(s) estimate revenue growth to $28.33 billion.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 36.00% for the past 5-year period. While 2021 is set for a 16.80% return in earnings, projections for the next 5 years are at 7.81% annually.

DELL Dividends

Dell Technologies Inc. has its next earnings report out on November 23. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Dell Technologies Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Dell Technologies Inc. (NYSE:DELL)’s Major holders

Dell Technologies Inc. insiders hold 2.61% of total outstanding shares, with institutional holders owning 85.06% of the shares at 87.34% float percentage. In total, 85.06% institutions holds shares in the company, led by Dodge & Cox Inc. As of Jun 29, 2021, the company held over 37.51 million shares (or 12.90% of shares), all amounting to roughly $3.74 billion.

The next major institution holding the largest number of shares is Elliott Investment Management L.P. with 24.83 million shares, or about 8.54% of shares outstanding. As of the market price on Jun 29, 2021, these shares were worth $2.48 billion.

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We also have Dodge & Cox Stock Fund and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Dell Technologies Inc. (DELL) shares. Going by data provided on Jun 29, 2021, Dodge & Cox Stock Fund holds roughly 22.18 million shares. This is just over 7.63% of the total shares, with a market valuation of $2.21 billion. Data from the same date shows that the other fund manager holds a little less at 7.44 million, or 2.56% of the shares, all valued at about 741.23 million.

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