The closing price of DoorDash Inc. (NYSE: DASH) was 57.66 for the day, down -2.07% from the previous closing price of $58.88. In other words, the price has decreased by $-1.22 from its previous closing price. On the day, 5343655 shares were traded. DASH reached its highest trading level at $59.54 during the session, while it also had its lowest trading level at $57.57.
Our analysis of DASH’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 87.86. For the most recent quarter (mrq), Quick Ratio is recorded 2.40 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
On May 24, 2022, Bernstein started tracking the stock assigning a Outperform rating and target price of $90.Bernstein initiated its Outperform rating on May 24, 2022, with a $90 target price.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 06 when Brown Shona L sold 1,250 shares for $58.26 per share. The transaction valued at 72,825 led to the insider holds 87,278 shares of the business.
Payne Christopher D sold 94,000 shares of DASH for $5,443,937 on Sep 06. The President and COO now owns 370,890 shares after completing the transaction at $57.91 per share. On Aug 22, another insider, Tang Stanley, who serves as the Director of the company, sold 3,954 shares for $63.79 each. As a result, the insider received 252,213 and left with 41,992 shares of the company.
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.30 while its Price-to-Book (P/B) ratio in mrq is 2.83.
Stock Price History:
Over the past 52 weeks, DASH has reached a high of $257.25, while it has fallen to a 52-week low of $56.60. The 50-Day Moving Average of the stock is 68.46, while the 200-Day Moving Average is calculated to be 92.93.
DASH traded an average of 5.72M shares per day over the past three months and 6.67M shares per day over the past ten days. A total of 363.96M shares are outstanding, with a floating share count of 355.80M. Insiders hold about 0.50% of the company’s shares, while institutions hold 87.70% stake in the company. Shares short for DASH as of Jul 14, 2022 were 18.02M with a Short Ratio of 2.73, compared to 15.48M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 5.13% and a Short% of Float of 7.23%.
The firm’s stock currently is rated by 20 analysts. On average, analysts expect EPS of $-0.41 for the current quarter, with a high estimate of $-0.28 and a low estimate of $-0.56, while EPS last year was $-0.3. The consensus estimate for the next quarter is $-0.42, with high estimates of $-0.29 and low estimates of $-0.6.
Analysts are recommending an EPS of between $-0.38 and $-2.22 for the fiscal current year, implying an average EPS of $-1.6. EPS for the following year is $-1.07, with 23 analysts recommending between $0.05 and $-2.02.
It is expected that $90B in revenue will be generated in the current quarter, according to 21 analysts. It ranges from a high estimate of $1.56B to a low estimate of $1.45B. As of the current estimate, DoorDash Inc.’s year-ago sales were $1.08B, an estimated increase of 40.40% from the year-ago figure.
A total of 28 analysts have provided revenue estimates for DASH’s current fiscal year. The highest revenue estimate was $6.43B, while the lowest revenue estimate was $5.92B, resulting in an average revenue estimate of $6.21B. In the same quarter a year ago, actual revenue was $4.89B, up 27.10% from the average estimate. Based on 29 analysts’ estimates, the company’s revenue will be $7.68B in the next fiscal year. The high estimate is $8.43B and the low estimate is $7.08B. The average revenue growth estimate for next year is up 23.60% from the average revenue estimate for this year.