How have the shares performed?
DoorDash Inc. (DASH) saw an uptrend of 6.43% in the recent trading with $154.16 being its most recent. The current price level -39.80% lower than the highest price of $256.09 marked by the stock while trading over the past 52-weeks, whereas it is 39.98% higher than the lowest price of $110.13 the company dropped to over past 52-weeks. The latest news story on DASH appeared in InvestorPlace under the title “Delivery Via DoorDash Makes Bed Bath & Beyond More Than A Meme” on Jun-11-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -0.86% below one month high and is +39.98% above of the lowest during that time. Looking into the simple moving average, DoorDash Inc. (DASH)’s stock stands at a SMA-50 of $140.22 while that of 5-day is reading $143.05.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 19 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.40 for the stock.
DoorDash Inc. Earnings – What Happened With DASH
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. DoorDash Inc. (DASH) last released financial results for the quarter that ended 3/30/2021, posting a surprise factor of -30.80% for net revenue. During the reported three-month period, company’s sales were $1.08 billion while analysts on average were estimating the same to be $1.07 billion.
DASH – DoorDash Inc. Stock Earnings Estimates
The perspective of DoorDash Inc. (NYSE:DASH)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.26 for stock’s EPS in the current quarter. 13 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -0.34.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 325.53 million. DASH does have institutional investors; and they hold 95.10% of the stock.
DoorDash Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 23 new insider purchases involving 12,164,306 shares. On the other hand, DASH declared 57,311,967 shares have been sold in 186 insider transactions over the past three months.
As on Mar 30, 2021, SB Investment Advisers (UK) LTD was the top most holder in DoorDash Inc. (NYSE:DASH) with an ownership of 62.97 million shares of the company or 21.38% of the stake worth $8.26 billion. The filing also reveals SC US (TTGP) Ltd as the second largest holder in the company with a control over 17.66% of the outstanding shares. Its stake is worth $6.82 billion for having 52.03 million shares in hand.
Galileo (PTC) Ltd also came holding a key position in the company during the recent quarter and it now holds 4.42% of the outstanding shares. With this there are now 277 institutions which have possession in DASH’s shares.
Currently, the stock has been recommended as Moderate Buy by 19 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.40 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by DoorDash Inc. was 3.92 while posting a debt to equity ratio of 0.00. The count was 5.06 for long-term debt to equity ratio.
DoorDash Inc.’s return on equity, or ROE, is -25.70%, compared to the industry average of 3.73% for Communication Services – Internet Content & Information. Although this indicates that DASH fails to use its equity well, the metric will vary significantly depending on the industry.