Top investors say DoorDash Inc (DASH) ticks everything they need

With 2.03 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.93 million shares. During the session, the Internet Content & Information company that operates in wider Communication Services sector, reached to the highest price of $113.03 whereas the lowest price it dropped to was $110.17. The 52-week range on DASH shows that it touched its highest point at $143.34 and its lowest point at $69.90 during that stretch. It currently has a 1-year price target of $135.19. Beta for the stock currently stands at 1.68.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DASH was down-trending over the past week, with a drop of -1.62%, but this was down by -1.55% over a month. Three-month performance dropped to -20.80% while six-month performance rose 10.49%. The stock gained 50.96% in the past year, while it has gained 12.33% so far this year. A look at the trailing 12-month EPS for DASH yields -1.07 with Next year EPS estimates of 1.34. For the next quarter, that number is -0.09. This implies an EPS growth rate of 111.97% for this year and 686.66% for next year.

Float and Shares Shorts:

At present, 375.99 million DASH shares are outstanding with a float of 303.20 million shares on hand for trading. On 2024-05-31, short shares totaled 13.39 million, which was 327.0 higher than short shares on 1714435200. In addition to Mr. Tony Xu as the firm’s Co-Founder, CEO & Chair, Mr. Prabir Adarkar serves as its President & COO.

Institutional Ownership:

Through their ownership of 0.90620005 of DASH’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, DASH reported revenue of $2513000000.0 and operating income of -$61000000.0. The EBITDA in the recently reported quarter was $81000000.0 and diluted EPS was -$0.06.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DASH since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.