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.
As of close of business last night, Duolingo Inc’s stock clocked out at $216.38, down -1.88% from its previous closing price of $220.53. In other words, the price has decreased by -$1.88 from its previous closing price. On the day, 0.88 million shares were traded. DUOL stock price reached its highest trading level at $229.84 during the session, while it also had its lowest trading level at $215.24.
Ratios:
To gain a deeper understanding of DUOL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 61.68. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 08 ’24 when Glance Natalie sold 1,500 shares for $215.35 per share. The transaction valued at 323,025 led to the insider holds 124,505 shares of the business.
von Ahn Luis sold 12,000 shares of DUOL for $2,620,812 on Apr 01 ’24. The President & CEO, Co-Founder now owns 0 shares after completing the transaction at $218.40 per share. On Apr 01 ’24, another insider, Hacker Severin, who serves as the Chief Tech Officer, Co-Founder of the company, sold 10,000 shares for $218.42 each. As a result, the insider received 2,184,156 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 9455416320 and an Enterprise Value of 8554899456. As of this moment, Duolingo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 669.91, and their Forward P/E ratio for the next fiscal year is 92.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 19.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.47 while its Price-to-Book (P/B) ratio in mrq is 14.04. Its current Enterprise Value per Revenue stands at 16.108 whereas that against EBITDA is -1468.4.
Stock Price History:
Over the past 52 weeks, DUOL has reached a high of $245.87, while it has fallen to a 52-week low of $116.82. The 50-Day Moving Average of the stock is 2.89%, while the 200-Day Moving Average is calculated to be 17.03%.
Shares Statistics:
It appears that DUOL traded 752.25K shares on average per day over the past three months and 1337660 shares per day over the past ten days. 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 77.04% stake in the company. Shares short for DUOL as of 1711584000 were 1940001 with a Short Ratio of 2.58, compared to 1709164800 on 1774953. Therefore, it implies a Short% of Shares Outstanding of 1940001 and a Short% of Float of 6.02.
