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Dell Technologies Inc. (NYSE: DELL) Gain Of 11.61% Compared To 52-Week Low; YTD Fall -7.45% – What Should You Do Now?

Dell Technologies Inc. (NYSE:DELL)’s traded shares stood at 2.33 million during the latest session, with the company’s beta value hitting 1.00. At the last check today, the stock’s price was $37.22, to imply a decrease of -0.76% or -$0.29 in intraday trading. The DELL share’s 52-week high remains $55.30, putting it -48.58% down since that peak but still an impressive 11.61% since price per share fell to its 52-week low of $32.90. The company has a valuation of $27.65B, with an average of 5.14 million shares in intraday trading volume over the past 10 days and average of 3.47 million shares over the past 3 months.

Dell Technologies Inc. (NYSE:DELL) trade information

After registering a -0.76% downside in the latest session, Dell Technologies Inc. (DELL) has traded red over the past five days. The stock hit a weekly high of 38.29 this Wednesday, 03/15/23, dropping -0.76% in its intraday price action. The 5-day price performance for the stock is -1.52%, and -13.49% over 30 days. With these gigs, the year-to-date price performance is -7.45%. Short interest in Dell Technologies Inc. (NYSE:DELL) saw shorts transact 10.02 million shares and set a 3.47 days time to cover.

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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 underperformed competitors. Dell Technologies Inc. (DELL) shares are -2.37% down over the last 6 months, with its year-to-date growth rate lower than industry average at -29.96% against 12.10%. Revenue is forecast to shrink -4.10% this quarter before falling -31.50% for the next one. The rating firms project that company’s revenue will shrink -0.50% compared to the previous financial year.

Revenue forecast for the current quarter as set by 10 analysts is $23.67 billion. Meanwhile, for the quarter ending Apr 2023, a total of 10 analyst(s) estimate revenue growth to $21.79 billion.Earnings reports from the last fiscal year show that sales brought in $28 billion and $26.12 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -15.50% before dropping -16.60% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 27.70% for the past 5-year period. While 2023 is set for a 113.30% return in earnings, projections for the next 5 years are at 2.96% annually.

DELL Dividends

Dell Technologies Inc. has its next earnings report out on June 01. 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 1.48, with the share yield ticking at 3.95% 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 3.28% of total outstanding shares, with institutional holders owning 82.09% of the shares at 84.87% float percentage. In total, 82.09% institutions holds shares in the company, led by Blackrock Inc. As of Sep 29, 2022, the company held over 20.92 million shares (or 8.63% of shares), all amounting to roughly $714.9 million.

The next major institution holding the largest number of shares is Dodge & Cox Inc with 19.76 million shares, or about 8.16% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $675.3 million.

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 Dec 30, 2022, Dodge & Cox Stock Fund holds roughly 12.98 million shares. This is just over 5.36% of the total shares, with a market valuation of $522.16 million. Data from the same date shows that the other fund manager holds a little less at 7.59 million, or 3.13% of the shares, all valued at about 259.26 million.

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