Thursday August 12th: DoorDash released its quarterly results, which showed a larger-than-anticipated loss. The company reported a loss of 30 cents per share on revenue of $1.1 billion, while analysts predicted a loss of 6 cents per share on revenue of $1.01 billion. However, total orders and value of food ordered rose by 219% and 222% respectively. Following the release, DoorDash stock dropped 2.8% in after hours trading.
DoorDash Inc is an internet content & information business based in the US. DoorDash shares (DASH) are listed on the NYSE and all prices are listed in US Dollars. DoorDash employs 3,886 staff and has a trailing 12-month revenue of around USD$4.2 billion.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
|Latest market close||$215.37|
|52-week range||$102.00 - $226.57|
|50-day moving average||$205.62|
|200-day moving average||$171.00|
|Wall St. target price||$202.05|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-2.75|
Note: The dollar amounts in the table below are in Canadian dollars.
|1 week (2021-10-12)||8.23%|
|1 month (2021-09-17)||-3.38%|
|3 months (2021-07-19)||22.72%|
|6 months (2021-04-19)||46.84%|
|1 year (2020-10-15)||N/A|
|2 years (2019-10-15)||N/A|
|3 years (2018-10-15)||N/A|
|5 years (2016-10-15)||N/A|
|Revenue TTM||$4.2 billion|
|Gross profit TTM||$1.6 billion|
|Return on assets TTM||-6.17%|
|Return on equity TTM||-15.68%|
|Market capitalisation||$72.3 billion|
TTM: trailing 12 months
There are currently 12.3 million DoorDash shares held short by investors – that's known as DoorDash's "short interest". This figure is 21.5% up from 10.1 million last month.
There are a few different ways that this level of interest in shorting DoorDash shares can be evaluated.
DoorDash's "short interest ratio" (SIR) is the quantity of DoorDash shares currently shorted divided by the average quantity of DoorDash shares traded daily (recently around 3.5 million). DoorDash's SIR currently stands at 3.51. In other words for every 100,000 DoorDash shares traded daily on the market, roughly 3510 shares are currently held short.
However DoorDash's short interest can also be evaluated against the total number of DoorDash shares, or, against the total number of tradable DoorDash shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case DoorDash's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 DoorDash shares in existence, roughly 40 shares are currently held short) or 0.0625% of the tradable shares (for every 100,000 tradable DoorDash shares, roughly 63 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against DoorDash.
We're not expecting DoorDash to pay a dividend over the next 12 months.
DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. It operates DoorDash marketplace, which provides an array of services that enable merchants to solve mission-critical challenges, such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support; and offers DoorDash Drive, a white-label logistics service; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. DoorDash, Inc.
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