Dropbox Inc (NASDAQ: DBX) is -3.76% lower on its value in year-to-date trading and has touched a low of $20.68 and a high of $33.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DBX stock was last observed hovering at around $29.46 in the last trading session, with the day’s loss setting it -0.55%.
Currently trading at $28.91, the stock is 0.58% and 5.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.11 million and changing -1.87% at the moment leaves the stock 5.99% off its SMA200. DBX registered 20.36% gain for a year compared to 6-month loss of 3.51%.
The stock witnessed a 7.75% gain in the last 1 month and extending the period to 3 months gives it a -11.81%, and is -1.87% down 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 2.28% over the week and 2.44% over the month.
Dropbox Inc (DBX) has around 2204 employees, a market worth around $8.14B and $2.54B in sales. Current P/E ratio is 18.99 and Fwd P/E is 10.11. Profit margin for the company is 18.50%. Distance from 52-week low is 39.80% and -13.26% from its 52-week high. The company has generated returns on investments over the last 12 months (44.41%).
The EPS is expected to grow by 5.77% this year.
Dropbox Inc (DBX) Top Institutional Holders
The shares outstanding are 202.60M, and float is at 193.05M with Short Float at 10.83%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 27.94 million shares valued at $627.8 million. The investor’s holdings represent 8.666% of the DBX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 27.8 million shares valued at $624.72 million to account for 8.6235 of the shares outstanding. The other top investors are AMERIPRISE FINANCIAL INC which holds 18.85 million shares representing 5.846% and valued at over $423.51 million, while RENAISSANCE TECHNOLOGIES LLC holds 3.1992 of the shares totaling 10.31 million with a market value of $231.76 million.
Dropbox Inc (DBX) Insider Activity
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Still, SEC filings show that on May 16 ’25, LISA CAMPBELL (Director) Proposed Sale 5,239 shares at an average price of $29.46 for $0.15 million. The insider now directly holds shares of Dropbox Inc (DBX).
