What Are The Chances Of DoorDash Inc (NASDAQ: DASH) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that DoorDash Will DoorDash Stuff From All the Big Game Ads to One Lucky Viewer.

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Stocks Info

As a NASDAQ listed company, DASH falls under the Communication Services sector while operating within the Internet Content & Information industry segment. The current market capitalization of DoorDash Inc is $42.73B. A total of 2.15 million shares were traded on the day, compared to an average of 4.57M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, DASH has seen 10 BUY and 32 SELL insider trades, representing the acquisition of 7,143,433 and the disposition of 8,790,320 shares. Over the last 12 months, there were 103 BUYs and 320 SELLs from insiders. Insiders purchased 47,610,310 shares during that period but sold 56,256,146.

In the most recent transaction, Inukonda Ravi sold 5,000 shares of DASH for 109.73 per share on Jan 30. After the transaction, the CHIEF FINANCIAL OFFICER now owns 414,738 company shares. In a previous transaction on Jan 12, Fang Andy sold 66,980 shares at 105.00 per share. DASH shares that Director owns now total 40,969.

Among the insiders who sold shares, Fang Andy disposed of 67,000 shares on Jan 11 at a per-share price of $104.08. This resulted in the Director holding 40,969 shares of DASH after the transaction. In another insider transaction, Xu Tony sold 132,300 shares at $104.93 per share on Jan 10. Company shares held by the Chief Executive Officer now total 0.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, DASH has a high of $110.49 and a low of $51.50.

As of this writing, DASH has an earnings estimate of $DoorDash, Inc. per share for the current quarter. EPS was calculated based on a consensus of Ashland Inc. estimates, with a high estimate of $Pathward Financial, Inc. per share and a lower estimate of $Washington Trust Bancorp, Inc.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. DASH’s latest balance sheet shows that the firm has $3.76B in Cash & Short Term Investments as of fiscal 2021. There were $399.00M in debt and $1.76B in liabilities at the time. Its Book Value Per Share was $16.46, while its Total Shareholder’s Equity was $4.67B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DASH is Buy with a score of 3.89.

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