Consider This Before Taking a Position in DoorDash (DASH)

By Tamara Parker • Friday, November 07 10:11 • Permanent Link

With gains of 2.2%, DoorDash was one of the winners on Wall Street today. Its shares are now trading at $200.88 and have logged a -1.0% daily outperformance of the S&P 500. Don't join the feeding frenzy before checking some basic facts about this stock:

DoorDash has moved 14.6% over the last year, and the S&P 500 logged a change of 12.1%
DASH has an average analyst rating of buy and is -29.78% away from its mean target price of $286.08 per share
Its trailing earnings per share (EPS) is $1.98
DoorDash has a trailing 12 month Price to Earnings (P/E) ratio of 101.5 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $1.78 and its forward P/E ratio is 112.9
The company has a Price to Book (P/B) ratio of 9.07 in contrast to the S&P 500's average ratio of 4.74
DoorDash is part of the Technology sector, which has an average P/E ratio of 30.44 and an average P/B of 4.19
DASH has reported YOY quarterly earnings growth of 45.3% and gross profit margins of 0.5%
The company has a free cash flow of $-1763000064, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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. It also offers membership programs, including DashPass and Wolt+; and DoorDash Drive On-Demand and Wolt Drive, which are white-label delivery fulfillment services, as well as provides services that help merchants establish online ordering, build branded mobile apps, enable tableside order and pay, and enhance customer support. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. DoorDash, Inc. was founded in 2013 and is headquartered in San Francisco, California.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.