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Wednesday, October 5, 2022

Is Dell Technologies Inc. (NYSE: DELL) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Dell Technologies Inc. (DELL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by +$0.15, or +0.41%, to $37.1. Volume reached 68,610 shares, with price reaching a high of $36.83 and a low of $36.75. Most recently, Yahoo Finance reported about the stock as it publicized that Dell Technologies and Red Hat Expand Strategic Collaboration to Accelerate DevOps in Multicloud Environments.


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Stocks Info

DELL belongs to the Technology sector of the NYSE while operating in the Computer Hardware industry. At the end of the last regular session, the stock closed at $36.78 and fluctuated between $37.81 as its day high and $36.76 as its day low. The current market capitalization of Dell Technologies Inc. is $26.74B. A total of 2.51 million shares were traded on the day, compared to an average of 3.42M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, DELL has seen 0 BUY and 8 SELL insider trades, representing the acquisition of 0 and the disposition of 248,371 shares. Over the last 12 months, there were 26 BUYs and 35 SELLs from insiders. Insiders purchased 1,299,741 shares during that period but sold 1,384,070.

In the most recent transaction, Scannell William F sold 27,536 shares of DELL for 40.20 per share on Sep 12. After the transaction, the Pres., Glob. Sales & Cust. Ops now owns 343,835 company shares. In a previous transaction on Aug 17, Whitten Anthony Charles sold 107,905 shares at 47.70 per share. DELL shares that Co-Chief Operating Officer owns now total 774,352.

Among the insiders who sold shares, Rios Brunilda disposed of 5,969 shares on Jun 08 at a per-share price of $50.95. This resulted in the Chief Accounting Officer holding 18,985 shares of DELL after the transaction. In another insider transaction, Rios Brunilda sold 5,789 shares at $48.00 per share on Apr 07. Company shares held by the Chief Accounting Officer now total 24,954.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Dell Technologies Inc. pays an annual dividend of $1.32, resulting in a dividend yield of 3.59%, and it has a price to earnings (P/E) ratio of 6.00. DELL’s most recent ex-dividend date was 07/19/2022 when it declared a $0.33 quarterly dividend that was paid in cash on 07/29/2022. Previously, the company paid the dividend on 04/29/2022 with an ex-dividend date of 04/19/2022. The dividend was $0.33 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for DELL in the last 3 months, the mean price target is $55.20 with high estimates of $72.00 and low estimates of $43.00. In terms of 52-week highs and lows, DELL has a high of $61.54 and a low of $36.72.

As of this writing, DELL has an earnings estimate of $1.39 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $1.41 per share and a lower estimate of $1.36. The company reported an EPS of $1.43 in the last quarter, which was 3.62% higher than expectations of $1.38.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 21 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DELL is Sell with a score of 4.25. A total of 10 analysts rated the stock as Buy while 3 rated it as Overweight while 8 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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