On Friday, Dropbox Inc (NASDAQ: DBX) was -2.23% drop from the session before settling in for the closing price of $30.45. A 52-week range for DBX has been $20.68 – $33.43.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 12.53%. When this article was written, the company’s average yearly earnings per share was at 21.86%. With a float of $219.27 million, this company’s outstanding shares have now reached $227.20 million.
Considering the fact that the conglomerate employs 2693 people, you should pay attention to its efficiency factor. 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 Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Dropbox Inc stocks. The insider ownership of Dropbox Inc is 29.21%, while institutional ownership is 72.18%. The most recent insider transaction that took place on Dec 11 ’24, was worth 4,132,230. In this transaction Chief Executive Officer of this company sold 137,499 shares at a rate of $30.05, taking the stock ownership to the 0 shares. Before that another transaction happened on Dec 13 ’24, when Company’s Officer proposed sale 2,500 for $30.45, making the entire transaction worth $76,125.
Dropbox Inc (DBX) Earnings and Forecasts
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 3.55. Likewise, its price to free cash flow for the trailing twelve months is 10.59.
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 2.60 in one year’s time.
Technical Analysis of Dropbox Inc (DBX)
Compared to the last year’s volume of 3.61 million, its volume of 3.43 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 84.78%. Additionally, its Average True Range was 0.74.
During the past 100 days, Dropbox Inc’s (DBX) raw stochastic average was set at 90.04%, which indicates a significant increase from 70.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.31% in the past 14 days, which was higher than the 28.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.17, while its 200-day Moving Average is $24.31. Nevertheless, the first resistance level for the watch stands at $30.42 in the near term. At $31.06, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.42. If the price goes on to break the first support level at $29.41, it is likely to go to the next support level at $29.05. Should the price break the second support level, the third support level stands at $28.41.
Dropbox Inc (NASDAQ: DBX) Key Stats
There are 309,730K outstanding shares of the company, which has a market capitalization of 9.01 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.
