They set a “neutral” rating and a $24.00 price objective for the company. Citigroup assumed coverage on Dropbox in a research report on Thursday, September 1st. Jefferies Financial Group lowered their price objective on Dropbox from $35.00 to $30.00 in a research report on Monday, May 23rd. Analyst Upgrades and DowngradesĭBX has been the subject of a number of analyst reports. will post 0.83 EPS for the current fiscal year. On average, equities analysts anticipate that Dropbox, Inc. During the same period last year, the company earned $0.24 earnings per share. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. Dropbox had a net margin of 15.19% and a negative return on equity of 94.26%.
The business had revenue of $572.70 million during the quarter, compared to analyst estimates of $571.27 million. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). has a 52-week low of $19.07 and a 52-week high of $32.38.ĭropbox ( NASDAQ:DBX – Get Rating) last announced its quarterly earnings results on Thursday, August 4th.
The company has a market capitalization of $8.54 billion, a price-to-earnings ratio of 25.56, a price-to-earnings-growth ratio of 2.90 and a beta of 0.84. The stock has a 50 day moving average price of $22.74 and a 200 day moving average price of $22.15. Shares of DBX opened at $22.75 on Monday. 25.05% of the stock is currently owned by company insiders. Over the last ninety days, insiders sold 72,270 shares of company stock valued at $1,649,465. The disclosure for this sale can be found here. Following the completion of the sale, the president now directly owns 1,632,257 shares of the company’s stock, valued at $36,383,008.53. The shares were sold at an average price of $22.29, for a total value of $334,350.00. Young sold 15,000 shares of the stock in a transaction that occurred on Friday, June 24th. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Following the completion of the sale, the chief financial officer now directly owns 532,473 shares of the company’s stock, valued at $12,033,889.80. The stock was sold at an average price of $22.60, for a total value of $56,500.00. In other news, CFO Timothy Regan sold 2,500 shares of the stock in a transaction that occurred on Monday, June 27th. The stock was sold at an average price of $22.29, for a total value of $334,350.00. 60.57% of the stock is owned by institutional investors and hedge funds. now owns 16,084 shares of the company’s stock worth $395,000 after buying an additional 935 shares in the last quarter. grew its position in shares of Dropbox by 6.2% during the fourth quarter. now owns 156,387 shares of the company’s stock worth $3,636,000 after buying an additional 920 shares in the last quarter. grew its position in shares of Dropbox by 0.6% during the first quarter. now owns 5,730 shares of the company’s stock worth $133,000 after buying an additional 918 shares in the last quarter. grew its position in shares of Dropbox by 19.1% during the first quarter.
now owns 34,379 shares of the company’s stock worth $799,000 after buying an additional 831 shares in the last quarter. grew its position in shares of Dropbox by 2.5% during the first quarter. now owns 15,473 shares of the company’s stock worth $360,000 after buying an additional 659 shares in the last quarter. grew its position in shares of Dropbox by 4.4% during the first quarter. The fund acquired 16,804 shares of the company’s stock, valued at approximately $391,000.Ī number of other institutional investors and hedge funds have also made changes to their positions in the stock. ( NASDAQ:DBX – Get Rating) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. RBF Capital LLC acquired a new position in shares of Dropbox, Inc.
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