Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $248.84 in the prior trading day, Duolingo Inc (NASDAQ: DUOL) closed at $244.64, down -1.69%. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 0.97 million shares were traded. DUOL stock price reached its highest trading level at $248.0 during the session, while it also had its lowest trading level at $242.311.
Ratios:
Our goal is to gain a better understanding of DUOL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 69.74. For the most recent quarter (mrq), Quick Ratio is recorded 3.24 and its Current Ratio is at 3.24. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on March 11, 2024, initiated with a Overweight rating and assigned the stock a target price of $270.
On February 27, 2024, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $222.
Goldman Downgraded its Neutral to Sell on January 19, 2024, while the target price for the stock was maintained at $160.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 06 ’24 when Glance Natalie sold 1,500 shares for $247.82 per share. The transaction valued at 371,735 led to the insider holds 123,005 shares of the business.
von Ahn Luis sold 12,000 shares of DUOL for $2,682,139 on May 01 ’24. The President & CEO, Co-Founder now owns 0 shares after completing the transaction at $223.51 per share. On May 01 ’24, another insider, Hacker Severin, who serves as the Chief Tech Officer, Co-Founder of the company, sold 10,000 shares for $223.47 each. As a result, the insider received 2,234,653 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DUOL now has a Market Capitalization of 10540656640 and an Enterprise Value of 9946648576. As of this moment, Duolingo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 757.40, and their Forward P/E ratio for the next fiscal year is 104.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 22.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.75 while its Price-to-Book (P/B) ratio in mrq is 15.87. Its current Enterprise Value per Revenue stands at 18.728 whereas that against EBITDA is -1707.286.
Stock Price History:
Over the past 52 weeks, DUOL has reached a high of $251.30, while it has fallen to a 52-week low of $121.89. The 50-Day Moving Average of the stock is 11.35%, while the 200-Day Moving Average is calculated to be 29.58%.
Shares Statistics:
The stock has traded on average 789.27K shares per day over the past 3-months and 702360 shares per day over the last 10 days, according to various share statistics. A total of 36.31M shares are outstanding, with a floating share count of 36.04M. Insiders hold about 15.93% of the company’s shares, while institutions hold 77.00% stake in the company. Shares short for DUOL as of 1713139200 were 1795764 with a Short Ratio of 2.28, compared to 1710460800 on 2057389. Therefore, it implies a Short% of Shares Outstanding of 1795764 and a Short% of Float of 4.9099997.
