DoorDash logged a 1.1% change during today's afternoon session, and is now trading at a price of $79.72 per share.
DoorDash returned gains of 17.0% last year, with its stock price reaching a high of $92.61 and a low of $41.37. Over the same period, the stock outperformed the S&P 500 index by 12.0%. More recently, the company's 50-day average price was $79.2. DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. Based in San Francisco, CA, the large-cap Industrials company has 16,800 full time employees. DoorDash has not offered a dividend during the last year.
The Company Has a Positive Net Current Asset Value:
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Revenue (MM) | $885 | $2,886 | $4,888 | $6,583 |
| Gross Margins | 40.9% | 52.6% | 52.2% | 45.5% |
| Operating Margins | -69.6% | -15.1% | -9.2% | -15.7% |
| Net Margins | -75.37% | -15.97% | -9.57% | -20.74% |
| Net Income (MM) | -$667 | -$461 | -$468 | -$1,365 |
| Net Interest Expense (MM) | $18 | -$25 | -$11 | $30 |
| Depreciation & Amort. (MM) | -$32 | -$120 | -$156 | -$369 |
| Earnings Per Share | -$2.36 | -$7.39 | -$1.39 | -$3.6 |
| EPS Growth | n/a | -213.14% | 81.19% | -158.99% |
| Diluted Shares (MM) | 283 | 62 | 337 | 361 |
| Free Cash Flow (MM) | -$559 | $93 | $455 | $21 |
| Capital Expenditures (MM) | -$92 | -$159 | -$237 | -$346 |
| Net Current Assets (MM) | $448 | $3,864 | $2,423 | $1,699 |
| Current Ratio | 2.61 | 3.94 | 2.59 | 1.86 |
DoorDash does not have a meaningful trailing P/E ratio since its earnings per share are negative. Its forward EPS guidance is negative too, at $-0.78. The average P/E ratio for the Industrials sector is 20.49. Furthermore, DoorDash is likely overvalued compared to the book value of its equity, since its P/B ratio of 4.89 is higher than the sector average of 3.78.
DoorDash Has an Average Rating of Buy:
The 31 analysts following DoorDash have set target prices ranging from $47.0 to $125.0 per share, for an average of $92.71 with a buy rating. As of April 2023, the company is trading -14.6% away from its average target price, indicating that there is an analyst consensus of some upside potential.
DoorDash has an average amount of shares sold short because 4.1% of the company's shares are sold short. Institutions own 89.7% of the company's shares, and the insider ownership rate stands at 0.85%, suggesting a small amount of insider investors. The largest shareholder is Sc Us (ttgp), Ltd., whose 10% stake in the company is worth $2,784,405,617.
