In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Dave Inc’s stock clocked out at $181.76, up 5.72% from its previous closing price of $171.92. In other words, the price has increased by $5.72 from its previous closing price. On the day, 0.76 million shares were traded.
Ratios:
To gain a deeper understanding of DAVE’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 27.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.98. For the most recent quarter (mrq), Quick Ratio is recorded 8.59 and its Current Ratio is at 8.59. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.38.
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:
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 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 50.01, and their Forward P/E ratio for the next fiscal year is 24.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.36 while its Price-to-Book (P/B) ratio in mrq is 12.11.
Stock Price History:
Over the past 52 weeks, DAVE has reached a high of $178.01, while it has fallen to a 52-week low of $28.31. The 50-Day Moving Average of the stock is 92.98%, while the 200-Day Moving Average is calculated to be 149.78%.
Shares Statistics:
A total of 11.78M shares are outstanding, with a floating share count of 9.42M. Insiders hold about 29.40% of the company’s shares, while institutions hold 61.59% stake in the company.
