Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Dave Inc (NASDAQ: DAVE) closed the day trading at $99.60 down -1.45% from the previous closing price of $101.07. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 0.56 million shares were traded.
Ratios:
For a better understanding of DAVE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.86. For the most recent quarter (mrq), Quick Ratio is recorded 6.81 and its Current Ratio is at 6.81. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.48.
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, Canaccord Genuity on January 31, 2025, initiated with a Buy rating and assigned the stock a target price of $120.
On August 12, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $53.
On July 26, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $53.Lake Street initiated its Buy rating on July 26, 2024, with a $53 target price.
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 Nov 29 ’24 when Preston Dan sold 12,400 shares for $96.00 per share. The transaction valued at 1,190,400 led to the insider holds 6,360 shares of the business.
Preston Dan sold 4,235 shares of DAVE for $406,560 on Nov 27 ’24. The Director now owns 18,760 shares after completing the transaction at $96.00 per share. On Nov 13 ’24, another insider, Preston Dan, who serves as the Director of the company, sold 9,765 shares for $79.09 each. As a result, the insider received 772,314 and left with 22,995 shares of the company.
Valuation Measures:
As of this moment, Dave’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.95, and their Forward P/E ratio for the next fiscal year is 33.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.98 while its Price-to-Book (P/B) ratio in mrq is 8.12.
Stock Price History:
Over the past 52 weeks, DAVE has reached a high of $125.00, while it has fallen to a 52-week low of $20.50. The 50-Day Moving Average of the stock is 4.06%, while the 200-Day Moving Average is calculated to be 72.08%.
Shares Statistics:
A total of 11.19M shares are outstanding, with a floating share count of 8.95M. Insiders hold about 29.86% of the company’s shares, while institutions hold 66.83% stake in the company.
