Dell Technologies Inc. (NYSE:DELL) shares fell to a low of $97.34 before closing at $98.57. Intraday shares traded counted 2.8 million, which was -16.02% lower than its 30-day average trading volume of 2.41M. DELL’s previous close was $99.65 while the outstanding shares total 757.00M. The firm has a beta of 0.94, a 12-month trailing P/E ratio of 19.06, and a growth ratio of 3.11. The stock’s Relative Strength Index (RSI) is 42.67, with weekly volatility at 1.82% and ATR at 2.08. The DELL stock’s 52-week price range has touched low of $46.73 and a $104.62 high. The stock traded lower over the last trading session, losing -1.08% on 06/18/21.
Investors have identified the Computer Hardware company Dell Technologies Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $76.10 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Dell Technologies Inc. (DELL) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 42.34 billion total, with 54.86 billion as their total liabilities.
DELL were able to record 1.61 billion as free cash flow during the 08/26/2021 quarter of the year, this saw their quarterly net cash flow reduce by 76.0 million. In cash movements, the company had a total of 2.24 billion as operating cash flow.
Potential earnings growth for Dell Technologies Inc. (DELL)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/26/2021 quarter of the year, Dell Technologies Inc. recorded a total of 24.49 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 10.58% coming in sequential stages and their sales for the 08/26/2021 quarter reducing by -6.64%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 16.83 billion trying to sell their products during the last quarter, with the result yielding a gross income of 7.66 billion. This allows shareholders to hold on to 757.00M with the recently reported earning now reading 1.24 cents per share. This is a figure that compared to analyst’s prediction for their 08/26/2021 (2.13 cents a share).
Having a look at the company’s valuation, the company is expected to record 8.73 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on DELL sounds very interesting.
Is the stock of DELL attractive?
In related news, Chief Financial Officer, Sweet Thomas W sold 200,000 shares of the company’s stock in a transaction that recorded on Jun 10. The sale was performed at an average price of 104.07, for a total value of 20,814,801. As the sale deal closes, the President, Services & Digital, ELIAS HOWARD D now sold 41,571 shares of the company’s stock, valued at 4,224,427. Also, Chief Financial Officer, Sweet Thomas W sold 200,000 shares of the company’s stock in a deal that was recorded on Mar 22. The shares were price at an average price of 87.74 per share, with a total market value of 17,547,246. Following this completion of acquisition, the General Counsel & Secretary, Rothberg Richard J now holds 177,471 shares of the company’s stock, valued at 15,972,390. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.80%.
11 out of 22 analysts covering the stock have rated it a Buy, while 8 have maintained a Hold recommendation on Dell Technologies Inc.. 0 analysts has assigned a Sell rating on the DELL stock. The 12-month mean consensus price target for the company’s shares has been set at $114.86.