DoorDash (NASDAQ:DASH – Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
DoorDash (NASDAQ:DASH – Get Free Report) last released its quarterly earnings data on Thursday, February 15th. The company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.24). DoorDash had a negative return on equity of 8.49% and a negative net margin of 6.46%. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same quarter last year, the company earned ($0.63) EPS. DoorDash’s revenue was up 26.7% compared to the same quarter last year. On average, analysts expect DoorDash to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
DoorDash Stock Up 0.0 %
Shares of DASH stock opened at $132.12 on Tuesday. The company has a market cap of $53.38 billion, a P/E ratio of -92.39, a PEG ratio of 14.70 and a beta of 1.79. The business has a 50 day moving average of $131.63 and a two-hundred day moving average of $109.34. DoorDash has a 52 week low of $60.36 and a 52 week high of $143.34.
Insider Buying and Selling at DoorDash
Wall Street Analyst Weigh In
DASH has been the subject of a number of analyst reports. Mizuho boosted their price objective on DoorDash from $140.00 to $152.00 and gave the company a “buy” rating in a research report on Friday, February 16th. Susquehanna increased their price objective on shares of DoorDash from $110.00 to $135.00 and gave the stock a “positive” rating in a report on Tuesday, February 20th. Moffett Nathanson raised shares of DoorDash from a “neutral” rating to a “buy” rating and boosted their target price for the company from $118.00 to $164.00 in a research note on Thursday, April 11th. JMP Securities raised their price target on shares of DoorDash from $130.00 to $160.00 and gave the company a “market outperform” rating in a research note on Wednesday, March 27th. Finally, The Goldman Sachs Group lifted their price target on DoorDash from $109.00 to $122.00 and gave the company a “neutral” rating in a report on Friday, February 16th. Nine investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $130.92.
View Our Latest Report on DoorDash
About DoorDash
DoorDash, Inc, together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support.
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