The price-to-earnings ratio for Dingdong (Cayman) Ltd ADR (NYSE: DDL) is above average at 32.14x. The 36-month beta value for DDL is also noteworthy at 0.33. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 4 rating it as “overweight,” 2 rating it as “hold,” and 1 rating it as “sell.”
The public float for DDL is 144.84M, and at present, short sellers hold a 0.78% of that float. The average trading volume of DDL on November 27, 2024 was 1.34M shares.
DDL) stock’s latest price update
The stock price of Dingdong (Cayman) Ltd ADR (NYSE: DDL) has jumped by 3.06 compared to previous close of 3.92. Despite this, the company has seen a fall of -6.26% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-12 that Dingdong’s Q3 2024 net income was +5% above consensus, as its revenue grew +27% YoY and its operating margin improved by +186 basis points YoY for the recent quarter. DDL’s financial outlook for Q4 2024 and FY 2024 is positive, considering expectations of an increase in new frontline fulfillment station openings and an improvement in operating efficiency. I raise my rating for DDL to a Buy, taking into account its performance, prospects, and valuations.
DDL’s Market Performance
DDL’s stock has fallen by -6.26% in the past week, with a monthly rise of 1.00% and a quarterly rise of 87.04%. The volatility ratio for the week is 7.76% while the volatility levels for the last 30 days are 8.43% for Dingdong (Cayman) Ltd ADR The simple moving average for the last 20 days is -0.28% for DDL’s stock, with a simple moving average of 82.81% for the last 200 days.
Analysts’ Opinion of DDL
Many brokerage firms have already submitted their reports for DDL stocks, with Daiwa Securities repeating the rating for DDL by listing it as a “Neutral.” The predicted price for DDL in the upcoming period, according to Daiwa Securities is $2.80 based on the research report published on August 01, 2023 of the previous year 2023.
JP Morgan, on the other hand, stated in their research note that they expect to see DDL reach a price target of $7, previously predicting the price at $2.50. The rating they have provided for DDL stocks is “Overweight” according to the report published on May 16th, 2022.
Morgan Stanley gave a rating of “Underweight” to DDL, setting the target price at $4.20 in the report published on March 21st of the previous year.
DDL Trading at 11.59% from the 50-Day Moving Average
After a stumble in the market that brought DDL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.17% of loss for the given period.
Volatility was left at 8.43%, however, over the last 30 days, the volatility rate increased by 7.76%, as shares sank -0.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +54.42% upper at present.
During the last 5 trading sessions, DDL fell by -6.84%, which changed the moving average for the period of 200-days by +218.65% in comparison to the 20-day moving average, which settled at $4.05. In addition, Dingdong (Cayman) Ltd ADR saw 169.33% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DDL
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.3 for the gross margin
The net margin for Dingdong (Cayman) Ltd ADR stands at 0.01. The total capital return value is set at 0.08. Equity return is now at value 38.60, with 2.67 for asset returns.
Based on Dingdong (Cayman) Ltd ADR (DDL), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at 0.52. The debt to equity ratio resting at 2.64. The interest coverage ratio of the stock is 2.13.
Currently, EBITDA for the company is 182.1 million with net debt to EBITDA at 7.14. When we switch over and look at the enterprise to sales, we see a ratio of 0.38. The receivables turnover for the company is 162.8for trailing twelve months and the total asset turnover is 3.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.
Conclusion
In summary, Dingdong (Cayman) Ltd ADR (DDL) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
