Dropbox Inc (NASDAQ: DBX)’s stock price has gone rise by 3.91 in comparison to its previous close of 32.00, however, the company has experienced a 6.88% increase in its stock price over the last five trading days. zacks.com reported 2025-01-24 that Dropbox (DBX) concluded the recent trading session at $31.48, signifying a +1.16% move from its prior day’s close.
Is It Worth Investing in Dropbox Inc (NASDAQ: DBX) Right Now?
Dropbox Inc (NASDAQ: DBX) has a higher price-to-earnings ratio of 19.24x compared to its average ratio. DBX has 36-month beta value of 0.61. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for DBX is 219.73M, and currently, short sellers hold a 9.79% ratio of that float. The average trading volume of DBX on January 28, 2025 was 2.90M shares.
DBX’s Market Performance
The stock of Dropbox Inc (DBX) has seen a 6.88% increase in the past week, with a 8.09% rise in the past month, and a 28.93% gain in the past quarter. The volatility ratio for the week is 1.85%, and the volatility levels for the past 30 days are at 1.74% for DBX. The simple moving average for the past 20 days is 8.94% for DBX’s stock, with a 31.83% simple moving average for the past 200 days.
Analysts’ Opinion of DBX
Many brokerage firms have already submitted their reports for DBX stocks, with JP Morgan repeating the rating for DBX by listing it as a “Neutral.” The predicted price for DBX in the upcoming period, according to JP Morgan is $30 based on the research report published on February 16, 2024 of the previous year 2024.
Goldman gave a rating of “Sell” to DBX, setting the target price at $24 in the report published on February 16th of the previous year.
DBX Trading at 12.71% from the 50-Day Moving Average
After a stumble in the market that brought DBX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.54% of loss for the given period.
Volatility was left at 1.74%, however, over the last 30 days, the volatility rate increased by 1.85%, as shares surge +7.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.17% upper at present.
During the last 5 trading sessions, DBX rose by +6.09%, which changed the moving average for the period of 200-days by +41.29% in comparison to the 20-day moving average, which settled at $30.51. In addition, Dropbox Inc saw 10.69% 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 DBX starting from Houston Andrew, who sale 80,499 shares at the price of $30.97 back on Jan 21 ’25. After this action, Houston Andrew now owns 0 shares of Dropbox Inc, valued at $2,492,764 using the latest closing price.
ANDREW HOUSTON REVOCABLE TRUST, the Director of Dropbox Inc, proposed sale 80,499 shares at $30.59 during a trade that took place back on Jan 21 ’25, which means that ANDREW HOUSTON REVOCABLE TRUST is holding shares at $2,462,464 based on the most recent closing price.
Stock Fundamentals for DBX
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.82 for the gross margin
The net margin for Dropbox Inc stands at 0.23. The total capital return value is set at 0.37.
Based on Dropbox Inc (DBX), the company’s capital structure generated 1.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at -3.7. The interest coverage ratio of the stock is 121.02.
Currently, EBITDA for the company is 553.5 million with net debt to EBITDA at 2.73. When we switch over and look at the enterprise to sales, we see a ratio of 4.64. The receivables turnover for the company is 36.54for trailing twelve months and the total asset turnover is 0.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.
Conclusion
To put it simply, Dropbox Inc (DBX) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
