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DoorDash Inc (DASH) – Don’t Believe the Hype: Check The Facts

DoorDash Inc (NASDAQ: DASH) is 72.48% higher on its value in year-to-date trading and has touched a low of $93.33 and a high of $181.78 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DASH stock was last observed hovering at around $171.81 in the last trading session, with the day’s loss setting it -1.24%.

Currently trading at $170.57, the stock is -2.32% and 1.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing -0.72% at the moment leaves the stock 26.44% off its SMA200. DASH registered 70.81% gain for a year compared to 6-month gain of 54.25%. The firm has a 50-day simple moving average (SMA 50) of $167.8416 and a 200-day simple moving average (SMA200) of $134.70125.

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The stock witnessed a -4.76% loss in the last 1 month and extending the period to 3 months gives it a 19.26%, and is 3.13% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.12% over the week and 2.42% over the month.

DoorDash Inc (DASH) has around 19300 employees, a market worth around $70.85B and $10.15B in sales. Fwd P/E is 84.09. Profit margin for the company is -1.69%. Distance from 52-week low is 82.76% and -6.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.14%).

with sales reaching $2.84B over the same period.The EPS is expected to grow by 120.88% this year, but quarterly earnings will post 23.77% year-over-year. Quarterly sales are estimated to grow 23.27% in year-over-year returns.

1026.0 institutions hold shares in DoorDash Inc (DASH), with institutional investors hold 91.77% of the company’s shares. The shares outstanding are 388.55M, and float is at 322.45M with Short Float at 3.18%. Institutions hold 91.20% of the Float.

The top institutional shareholder in the company is SC US (TTGP), LTD. with over 31.61 million shares valued at $3.44 billion. The investor’s holdings represent 7.7944 of the DASH Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 30.75 million shares valued at $3.35 billion to account for 7.5839 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 24.45 million shares representing 6.0301 and valued at over $2.66 billion, while BLACKROCK INC. holds 4.0297 of the shares totaling 16.34 million with a market value of $1.78 billion.

DoorDash Inc (DASH) Insider Activity

The most recent transaction is an insider sale by Xu Tony, the company’s CHIEF EXECUTIVE OFFICER. SEC filings show that Xu Tony sold 108,332 shares of the company’s common stock on Dec 16 ’24 at a price of $178.74 per share for a total of $19.36 million. Following the sale, the insider now owns 1500.0 shares.

DoorDash Inc disclosed in a document filed with the SEC on Dec 17 ’24 that Xu Tony (CHIEF EXECUTIVE OFFICER) sold a total of 101,234 shares of the company’s common stock. The trade occurred on Dec 17 ’24 and was made at $180.71 per share for $18.29 million. Following the transaction, the insider now directly holds 1500.0 shares of the DASH stock.

Still, SEC filings show that on Dec 16 ’24, TONY XU (Director) Proposed Sale 270,846 shares at an average price of $175.09 for $47.42 million. The insider now directly holds shares of DoorDash Inc (DASH).

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