On Tuesday, Dropbox Inc (NASDAQ: DBX) was -1.11% drop from the session before settling in for the closing price of $28.87. A 52-week range for DBX has been $20.68 – $33.43.
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Annual sales at Technology sector company grew by 12.53% over the past five years. When this article was written, the company’s average yearly earnings per share was at 21.86%. With a float of $219.70 million, this company’s outstanding shares have now reached $227.20 million.
Let’s look at the performance matrix of the company that is accounted for 2693 employees. In terms of profitability, gross margin is 82.36%, operating margin of 20.01%, and the pretax margin is 27.16%.
Dropbox Inc (DBX) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Dropbox Inc stocks. The insider ownership of Dropbox Inc is 29.07%, while institutional ownership is 72.20%. The most recent insider transaction that took place on Dec 02 ’24, was worth 3,711,550. In this transaction Chief Executive Officer of this company sold 132,000 shares at a rate of $28.12, taking the stock ownership to the 0 shares. Before that another transaction happened on Nov 29 ’24, when Company’s Chief Financial Officer sold 2,500 for $27.87, making the entire transaction worth $69,679. This insider now owns 433,764 shares in total.
Dropbox Inc (DBX) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 21.86% per share during the next fiscal year.
Dropbox Inc (NASDAQ: DBX) Trading Performance Indicators
You can see what Dropbox Inc (DBX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.48. Likewise, its price to free cash flow for the trailing twelve months is 10.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.73, a number that is poised to hit 0.62 in the next quarter and is forecasted to reach 2.61 in one year’s time.
Technical Analysis of Dropbox Inc (DBX)
Dropbox Inc (NASDAQ: DBX) saw its 5-day average volume 2.12 million, a negative change from its year-to-date volume of 3.6 million. As of the previous 9 days, the stock’s Stochastic %D was 71.42%. Additionally, its Average True Range was 0.64.
During the past 100 days, Dropbox Inc’s (DBX) raw stochastic average was set at 88.49%, which indicates a significant increase from 68.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.80% in the past 14 days, which was lower than the 27.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.87, while its 200-day Moving Average is $24.22. Nevertheless, the first resistance level for the watch stands at $28.98 in the near term. At $29.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $29.66. If the price goes on to break the first support level at $28.30, it is likely to go to the next support level at $28.05. The third support level lies at $27.62 if the price breaches the second support level.
Dropbox Inc (NASDAQ: DBX) Key Stats
There are 309,730K outstanding shares of the company, which has a market capitalization of 8.84 billion. As of now, sales total 2,502 M while income totals 453,600 K. Its latest quarter income was 638,800 K while its last quarter net income were 106,700 K.
