At the time of writing, DoorDash Inc [DASH] stock is trading at $157.24, up 1.02%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DASH shares have gain 2.52% over the last week, with a monthly amount glided 8.55%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
DoorDash Inc [NASDAQ: DASH] stock has seen the most recent analyst activity on September 25, 2024, when Keefe Bruyette upgraded its rating to a Outperform but kept the price target unchanged to $177 for it. On September 19, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $155 on the stock. Cantor Fitzgerald started tracking the stock assigning a Overweight rating and suggested a price target of $160 on September 05, 2024. Redburn Atlantic initiated its recommendation with a Buy and recommended $170 as its price target on July 26, 2024. In a note dated July 16, 2024, Wolfe Research initiated an Outperform rating and provided a target price of $130 on this stock.
For the past year, the stock price of DoorDash Inc fluctuated between $83.58 and $165.07. Currently, Wall Street analysts expect the stock to reach $146.17 within the next 12 months. DoorDash Inc [NASDAQ: DASH] shares were valued at $157.24 at the most recent close of the market. An investor can expect a potential drop of -7.04% based on the average DASH price forecast.
Analyzing the DASH fundamentals
According to DoorDash Inc [NASDAQ:DASH], the company’s sales were 10.15B for trailing twelve months, which represents an 25.05% jump. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 154.09 points at the first support level, and at 150.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 158.87, and for the 2nd resistance point, it is at 160.50.
Ratios To Look Out For
It is important to note that DoorDash Inc [NASDAQ:DASH] has a current ratio of 1.64. Also, the Quick Ratio is 1.64, while the Cash Ratio stands at 0.89. Considering the valuation of this stock, the price to sales ratio is 6.39, the price to book ratio is 8.62.
Transactions by insiders
Recent insider trading involved TONY XU, Director, that happened on Nov 04 ’24 when 0.49 million shares were purchased. CHIEF FINANCIAL OFFICER, Inukonda Ravi completed a deal on Oct 30 ’24 to sell 7000.0 shares. Meanwhile, CHIEF EXECUTIVE OFFICER Xu Tony sold 81249.0 shares on Oct 15 ’24.
