Is Dropbox Inc (NASDAQ: DBX) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

DBX belongs to the Technology sector of the NASDAQ while operating in the Software – Infrastructure industry. The current market capitalization of Dropbox Inc is $7.37B. A total of 4.0 million shares were traded on the day, compared to an average of 4.38M shares.

In the most recent transaction, Houston Andrew sold 82,000 shares of DBX for 22.40 per share on Jul 01 ’24. After the transaction, the Chief Executive Officer now owns 0 company shares. In a previous transaction on Jul 01 ’24, Regan Timothy sold 13,000 shares at 22.33 per share. DBX shares that Chief Financial Officer owns now total 538,122.

Among the insiders who sold shares, Volkmer Bart disposed of 6,908 shares on Jun 17 ’24 at a per-share price of $21.02. This resulted in the Chief Legal Officer holding 340,934 shares of DBX after the transaction. In another insider transaction, Regan Timothy sold 3,000 shares at $20.93 per share on Jun 17 ’24. Company shares held by the Chief Financial Officer now total 551,122.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, DBX has a high of $33.43 and a low of $20.68.

As of this writing, DBX has an earnings estimate of $0.52 per share for the current quarter. EPS was calculated based on a consensus of 11.0 estimates, with a high estimate of $0.55 per share and a lower estimate of $0.5. The company reported an EPS of $0.51 in the last quarter

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. DBX’s latest balance sheet shows that the firm has $1.72B in Cash & Short Term Investments as of fiscal 2021. There were $2.37B in debt and $1.18B in liabilities at the time. Its Book Value Per Share was -$0.85, while its Total Shareholder’s Equity was -$293.90M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after 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 DBX is Buy with a score of 3.20.

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