Company’s 36-month beta value is 1.67.Analysts have differing opinions on the stock, with 17 analysts rating it as a “buy,” 9 as “overweight,” 16 as “hold,” and 0 as “sell.”
The public float for DASH is 312.38M, and currently, short sellers hold a 3.95% ratio of that floaft. The average trading volume of DASH on November 05, 2024 was 3.33M shares.
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DASH) stock’s latest price update
The stock price of DoorDash Inc (NASDAQ: DASH) has jumped by 1.68 compared to previous close of 157.24. Despite this, the company has seen a gain of 3.01% in its stock price over the last five trading days. zacks.com reported 2024-11-04 that DoorDash (DASH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
DASH’s Market Performance
DoorDash Inc (DASH) has experienced a 3.01% rise in stock performance for the past week, with a 12.53% rise in the past month, and a 31.60% rise in the past quarter. The volatility ratio for the week is 3.57%, and the volatility levels for the past 30 days are at 2.40% for DASH. The simple moving average for the past 20 days is 5.00% for DASH’s stock, with a 27.79% simple moving average for the past 200 days.
Analysts’ Opinion of DASH
Many brokerage firms have already submitted their reports for DASH stocks, with Keefe Bruyette repeating the rating for DASH by listing it as a “Outperform.” The predicted price for DASH in the upcoming period, according to Keefe Bruyette is $177 based on the research report published on September 25, 2024 of the current year 2024.
Raymond James, on the other hand, stated in their research note that they expect to see DASH reach a price target of $155. The rating they have provided for DASH stocks is “Outperform” according to the report published on September 24th, 2024.
BTIG Research gave a rating of “Buy” to DASH, setting the target price at $155 in the report published on September 19th of the current year.
DASH Trading at 12.91% 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 -3.14% of loss for the given period.
Volatility was left at 2.40%, however, over the last 30 days, the volatility rate increased by 3.57%, as shares surge +10.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.39% upper at present.
During the last 5 trading sessions, DASH rose by +2.26%, which changed the moving average for the period of 200-days by +51.64% in comparison to the 20-day moving average, which settled at $152.21. In addition, DoorDash Inc saw 61.67% 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 TONY XU, who proposed sale 487,494 shares at the price of $155.66 back on Nov 04 ’24. After this action, TONY XU now owns shares of DoorDash Inc, valued at $75,883,316 using the latest closing price.
Inukonda Ravi, the CHIEF FINANCIAL OFFICER of DoorDash Inc, sale 7,000 shares at $155.58 during a trade that took place back on Oct 30 ’24, which means that Inukonda Ravi is holding 395,212 shares at $1,089,038 based on the most recent closing price.
Stock Fundamentals for DASH
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.46 for the gross margin
The net margin for DoorDash Inc stands at -0.02. The total capital return value is set at -0.03. Equity return is now at value -2.43, with -1.54 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 3.95. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -1.6.
Currently, EBITDA for the company is -66.0 million with net debt to EBITDA at -10.17. When we switch over and look at the enterprise to sales, we see a ratio of 6.23. The receivables turnover for the company is 16.32for trailing twelve months and the total asset turnover is 0.83. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.
Conclusion
In a nutshell, DoorDash Inc (DASH) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
