In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, DoorDash Inc (NASDAQ: DASH) closed at $129.36 up 1.64% from its previous closing price of $127.27. In other words, the price has increased by $1.64 from its previous closing price. On the day, 2.46 million shares were traded. DASH stock price reached its highest trading level at $131.1 during the session, while it also had its lowest trading level at $127.28.
Ratios:
For a deeper understanding of DoorDash Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.74. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
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, Loop Capital on April 19, 2024, initiated with a Buy rating and assigned the stock a target price of $170.
On April 11, 2024, MoffettNathanson Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $118 to $164.
On April 04, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $165.The Benchmark Company initiated its Buy rating on April 04, 2024, with a $165 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 16 ’24 when Xu Tony sold 132,300 shares for $133.51 per share. The transaction valued at 17,663,909 led to the insider holds 0 shares of the business.
Fang Andy sold 66,195 shares of DASH for $9,196,587 on Apr 12 ’24. The Director now owns 36,482 shares after completing the transaction at $138.93 per share. On Apr 11 ’24, another insider, Fang Andy, who serves as the Director of the company, sold 66,195 shares for $139.31 each. As a result, the insider received 9,221,472 and left with 36,482 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, DASH now has a Market Capitalization of 52261957632 and an Enterprise Value of 47868616704. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.05 while its Price-to-Book (P/B) ratio in mrq is 7.66. Its current Enterprise Value per Revenue stands at 5.544 whereas that against EBITDA is -148.66.
Stock Price History:
Over the past 52 weeks, DASH has reached a high of $143.34, while it has fallen to a 52-week low of $56.59. The 50-Day Moving Average of the stock is -0.67%, while the 200-Day Moving Average is calculated to be 30.53%.
Shares Statistics:
For the past three months, DASH has traded an average of 3.65M shares per day and 2861390 over the past ten days. A total of 375.99M shares are outstanding, with a floating share count of 288.36M. Insiders hold about 28.62% of the company’s shares, while institutions hold 63.57% stake in the company. Shares short for DASH as of 1711584000 were 11315931 with a Short Ratio of 3.10, compared to 1709164800 on 11434016. Therefore, it implies a Short% of Shares Outstanding of 11315931 and a Short% of Float of 3.0299999.
