In today’s recent session, 2.25 million shares of the Dell Technologies Inc (NYSE:DELL) have been traded, and its beta is 0.89. Most recently the company’s share price was $119.75, and it changed around $4.21 or 3.64% from the last close, which brings the market valuation of the company to $85.48B. DELL at last check was trading at a discount to its 52-week high of $136.16, offering almost -13.7% off that amount. The share price’s 52-week low was $41.47, which indicates that the recent value has risen by an impressive 65.37% since then. We note from Dell Technologies Inc’s average daily trading volume that its 3-month average coming to 7.84 million.
Dell Technologies Inc (NYSE:DELL) trade information
Instantly DELL has been showing a green trend so far today with a performance of 3.64% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 56.54% year-to-date, but still down -1.10% over the last five days. On the other hand, Dell Technologies Inc (NYSE:DELL) is 6.69% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $70.73, which translates to bulls needing to decrease their stock price by -69.31% from its current value. Analyst projections state that DELL is forecast to be at a low of $41 and a high of $141.
Dell Technologies Inc (DELL) estimates and forecasts
Dell Technologies Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 81.69 percent over the past six months and at a 7.15% annual growth rate that is well below the industry average of 11.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -7.60% in revenue this quarter, and will report an increase of 4.00% in the next quarter. The year-over-year growth rate is expected to be 5.80%, up from the previous year.
Consensus estimates provided by 13 financial analysts predict the company will bring in an average of $21.66 billion in revenue for the current quarter. 13 analysts expect Dell Technologies Inc to make $23.02 billion in revenue for the quarter ending Jul 2024. The company’s sales for the same quarters a year ago were $20.27 billion. Analysts predict that the company’s current quarter sales will jump, forecast at 6.80%.
Dell Technologies Inc earnings are expected to increase by 6.33% in 2024, but the outlook is positive 0.81% per year for the next five years.
DELL Dividends
Dell Technologies Inc’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 1.30 percent and its annual dividend per share was 1.56. It is important to note, however, that the 1.30% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
