The stock has a 36-month beta value of 1.78. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DASH is 288.34M, and at present, short sellers hold a 3.96% of that float. On May 06, 2024, the average trading volume of DASH was 4.14M shares.
DASH) stock’s latest price update
The stock of DoorDash Inc (NASDAQ: DASH) has decreased by -0.44 when compared to last closing price of 114.31.Despite this, the company has seen a loss of -13.85% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-04 that DoorDash stock experienced a selloff as they missed on EPS estimates. The dip in share price presents a buying opportunity for investors as the fundamentals of the business remain robust. DoorDash’s revenues have proved to be durable, justifying its higher valuation when compared to its peers.
DASH’s Market Performance
DoorDash Inc (DASH) has seen a -13.85% fall in stock performance for the week, with a -15.45% decline in the past month and a 3.94% surge in the past quarter. The volatility ratio for the week is 4.29%, and the volatility levels for the past 30 days are at 3.72% for DASH. The simple moving average for the last 20 days is -13.52% for DASH’s stock, with a simple moving average of 12.76% for the last 200 days.
Analysts’ Opinion of DASH
Many brokerage firms have already submitted their reports for DASH stocks, with Loop Capital repeating the rating for DASH by listing it as a “Buy.” The predicted price for DASH in the upcoming period, according to Loop Capital is $170 based on the research report published on April 19, 2024 of the current year 2024.
MoffettNathanson, on the other hand, stated in their research note that they expect to see DASH reach a price target of $164, previously predicting the price at $118. The rating they have provided for DASH stocks is “Buy” according to the report published on April 11th, 2024.
The Benchmark Company gave a rating of “Buy” to DASH, setting the target price at $165 in the report published on April 04th of the current year.
DASH Trading at -13.58% from the 50-Day Moving Average
After a stumble in the market that brought DASH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.60% of loss for the given period.
Volatility was left at 3.72%, however, over the last 30 days, the volatility rate increased by 4.29%, as shares sank -18.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.26% lower at present.
During the last 5 trading sessions, DASH fell by -13.85%, which changed the moving average for the period of 200-days by +33.74% in comparison to the 20-day moving average, which settled at $130.31. In addition, DoorDash Inc saw 15.09% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DASH starting from Adarkar Prabir, who sale 8,000 shares at the price of $128.48 back on May 01 ’24. After this action, Adarkar Prabir now owns 910,340 shares of DoorDash Inc, valued at $1,027,862 using the latest closing price.
Yandell Keith, the CHIEF BUSINESS OFFICER of DoorDash Inc, sale 3,500 shares at $128.15 during a trade that took place back on May 01 ’24, which means that Yandell Keith is holding 151,752 shares at $448,525 based on the most recent closing price.
Stock Fundamentals for DASH
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.47 for the gross margin
The net margin for DoorDash Inc stands at -0.05. The total capital return value is set at -0.06. Equity return is now at value -6.21, with -3.98 for asset returns.
Based on DoorDash Inc (DASH), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at 3.34. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -3.11.
Currently, EBITDA for the company is -66.0 million with net debt to EBITDA at -43.68. When we switch over and look at the enterprise to sales, we see a ratio of 4.82. The receivables turnover for the company is 16.69for trailing twelve months and the total asset turnover is 0.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.
Conclusion
To sum up, DoorDash Inc (DASH) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
