Is Dell Technologies Inc (NYSE: DELL) Stock Poised for More Growth?

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In the latest trading session, 9.35 million Dell Technologies Inc (NYSE:DELL) shares changed hands as the company’s beta touched 0.92. With the company’s most recent per share price at $140.22 changing hands around $5.24 or 3.88% at last look, the market valuation stands at $99.45B. DELL’s current price is a discount, trading about -28.16% off its 52-week high of $179.70. The share price had its 52-week low at $48.74, which suggests the last value was 65.24% up since then. When we look at Dell Technologies Inc’s average trading volume, we note the 3-month average coming to 11.30 million.

Dell Technologies Inc (NYSE:DELL) trade information

Instantly DELL is in green as seen in intraday trades today. With action 5.87%, the performance over the past five days has been green. The jump to weekly highs of 141.33 added 3.88% to the stock’s daily price. The company’s shares are showing year-to-date upside of 83.30%, with the 5-day performance at 5.87% in the green. However, in the 30-day time frame, Dell Technologies Inc (NYSE:DELL) is -4.15% down.

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Dell Technologies Inc (DELL) estimates and forecasts

Data shows that the Dell Technologies Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 93.60% over the past 6 months, a 9.68% in annual growth rate that is considerably higher than the industry average of 8.90%. Year-over-year growth is forecast to reach 9.10% up from the last financial year.

Consensus estimates given by 14 financial analysts project the company’s revenue in the current quarter to hit an average of 24.14B. 14 analysts are of the opinion that Dell Technologies Inc’s revenue for the current quarter will be 24.58B.

The 2024 estimates are for Dell Technologies Inc earnings to increase by 8.89%, but the outlook for the next 5-year period is at 0.81% per year.

DELL Dividends

Dell Technologies Inc is expected to release its next quarterly earnings report in July. The 1.11% annual yield figure for the share gives it an annual dividend of 1.56. It is important to note, however, that the 1.11% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.