The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, DoorDash Inc (NASDAQ: DASH) closed at $130.90 down -2.20% from its previous closing price of $133.84. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 2.55 million shares were traded. DASH stock price reached its highest trading level at $136.07 during the session, while it also had its lowest trading level at $129.78.
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 12.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.20. 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 the company, MoffettNathanson on April 11, 2024, Upgraded its rating to Buy and sets its target price to $164 from $118 previously.
On April 04, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $165.
Piper Sandler Upgraded its Underweight to Neutral on March 15, 2024, whereas the target price for the stock was revised from $53 to $127.
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 12 ’24 when Fang Andy sold 66,195 shares for $138.93 per share. The transaction valued at 9,196,587 led to the insider holds 36,482 shares of the business.
Fang Andy sold 66,195 shares of DASH for $9,221,472 on Apr 11 ’24. The Director now owns 36,482 shares after completing the transaction at $139.31 per share. On Apr 04 ’24, another insider, Brown Shona L, who serves as the Director of the company, sold 700 shares for $141.60 each. As a result, the insider received 99,120 and left with 70,111 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 52884119552 and an Enterprise Value of 49335152640. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.12 while its Price-to-Book (P/B) ratio in mrq is 7.76. Its current Enterprise Value per Revenue stands at 5.713 whereas that against EBITDA is -153.215.
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 1.49%, while the 200-Day Moving Average is calculated to be 33.46%.
Shares Statistics:
For the past three months, DASH has traded an average of 3.61M shares per day and 2455140 over the past ten days. A total of 375.99M shares are outstanding, with a floating share count of 288.06M. Insiders hold about 28.70% of the company’s shares, while institutions hold 63.37% stake in the company. Shares short for DASH as of 1711584000 were 11315931 with a Short Ratio of 3.13, compared to 1709164800 on 11434016. Therefore, it implies a Short% of Shares Outstanding of 11315931 and a Short% of Float of 3.0299999.
Earnings Estimates
The market rating of DoorDash Inc (DASH) is currently shaped by the ongoing analysis conducted by DoorDash, Inc. analysts closely monitoring its performance.The consensus estimate for the next quarter is $24.23, with high estimates of $48.50 and low estimates of $93.89.
Analysts are recommending an EPS of between $Financial Services and $Basic Materials for the fiscal current year, implying an average EPS of $Financial Services.
