DoorDash Inc [NASDAQ: DASH] loss -2.26% on the last trading session, reaching $172.20 price per share at the time.
If compared to the average trading volume of 3.04M shares, DASH reached a trading volume of 4731140 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about DoorDash Inc [DASH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DASH shares is $174.48 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DASH stock is a recommendation set at 1.79. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Keefe Bruyette have made an estimate for DoorDash Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 25, 2024. While these analysts kept the previous recommendation, Raymond James raised their target price to Outperform. The new note on the price target was released on September 24, 2024, representing the official price target for DoorDash Inc stock. Previously, the target price had yet another raise to $155, while BTIG Research analysts kept a Buy rating on DASH stock.
The Average True Range (ATR) for DoorDash Inc is set at 4.58, with the Price to Sales ratio for DASH stock in the period of the last 12 months amounting to 7.05. The Price to Book ratio for the last quarter was 9.45, with the Price to Cash per share for the same quarter was set at 12.48. Price to Free Cash Flow for DASH in the course of the last twelve months was 40.19 with Quick ratio for the last quarter at 1.64.
Trading performance analysis for DASH stock
DoorDash Inc [DASH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.03. With this latest performance, DASH shares gained by 12.89% in over the last four-week period, additionally plugging by 54.26% over the last 6 months – not to mention a rise of 79.84% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DASH stock in for the last two-week period is set at 65.24, with the RSI for the last a single of trading hit 60.60, and the three-weeks RSI is set at 67.39 for DoorDash Inc [DASH]. The present Moving Average for the last 50 days of trading for this stock 151.82, while it was recorded at 172.87 for the last single week of trading, and 128.70 for the last 200 days.
DoorDash Inc [DASH]: A deeper dive into fundamental analysis
DoorDash Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.64 and a Current Ratio set at 1.64.
DoorDash Inc [DASH]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DASH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for DoorDash Inc go to 46.70%.
An analysis of Institutional ownership at DoorDash Inc [DASH]
There are presently around $90.81%, or 91.40%% of DASH stock, in the hands of institutional investors. The top three institutional holders of DASH stocks are: SC US (TTGP), LTD. with ownership of 31.61 million shares, which is approximately 7.7944%. VANGUARD GROUP INC, holding 30.75 million shares of the stock with an approximate value of $$3.35 billion in DASH stocks shares; and VANGUARD GROUP INC, currently with $$2.66 billion in DASH stock with ownership which is approximately 6.0301%.
