In today’s recent session, 2.13 million shares of the Dell Technologies Inc (NYSE:DELL) have been traded, and its beta is 1.00. Most recently the company’s share price was $85.34, and it changed around $0.15 or 0.18% from the last close, which brings the market valuation of the company to $59.55B. DELL at last check was trading at a discount to its 52-week high of $179.70, offering almost -110.57% off that amount. The share price’s 52-week low was $66.25, which indicates that the recent value has risen by an impressive 22.37% since then. We note from Dell Technologies Inc’s average daily trading volume that its 10-day average is 13.92 million shares, with the 3-month average coming to 9.28 million.
Dell Technologies Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.44. If we narrow it down even further, the data shows that 0 out of 24 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 3 recommended DELL as a Hold, whereas 14 deemed it a Buy, and 0 rated it as Underweight. Dell Technologies Inc is expected to report earnings per share of 1.67 for the current quarter.
Dell Technologies Inc (NYSE:DELL) trade information
Instantly DELL has been showing a green trend so far today with a performance of 0.18% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 89.29 on recent trading dayincreased the stock’s daily price by 4.42%. The company’s shares are currently down -25.95% year-to-date, but still up 17.56% over the last five days. On the other hand, Dell Technologies Inc (NYSE:DELL) is -12.62% down in the 30-day period. We can see from the shorts that 15.52 million shares have been sold at a short interest cover period of 1.97 day(s).
The consensus price target as assigned by Wall Street analysts is $150, which translates to bulls needing to increase their stock price by 43.11% from its current value. Analyst projections state that DELL is forecast to be at a low of $116 and a high of $160.
Dell Technologies Inc (DELL) estimates and forecasts
The year-over-year growth rate is expected to be 7.75%, up from the previous year.
Consensus estimates provided by 16 financial analysts predict the company will bring in an average of 23.15B in revenue for the current quarter. 16 analysts expect Dell Technologies Inc to make 25.09B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 22.24B and 25.03B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 4.08%. Forecasts for the next quarter put sales growth at 0.26%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 1.11%. Dell Technologies Inc earnings are expected to increase by 13.10% in 2025, but the outlook is positive 11.01% per year for the next five years.
DELL Dividends
Dell Technologies Inc’s next quarterly earnings report is expected to be released on 2025-Feb-26. The annual dividend yield of the stock is 2.09 percent and its annual dividend per share was 1.78. It is important to note, however, that the 2.09% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Dell Technologies Inc (NYSE:DELL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 11.42% of Dell Technologies Inc shares, and 73.43% of them are in the hands of institutional investors. The stock currently has a share float of 82.89%. Dell Technologies Inc stock is held by 1725.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 2.4828% of the shares, which is about 17.58 million shares worth $2.42 billion.
BLACKROCK INC., with 2.1859% or 15.48 million shares worth $2.13 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 9.94 shares worth $849.63 million, making up 2.77% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held roughly 8.32 shares worth around $710.39 million, which represents about 2.32% of the total shares outstanding.
