Dropbox Stock Analysis
DBX Stock | USD 23.93 0.09 0.37% |
Dropbox is undervalued with Real Value of 28.54 and Target Price of 31.14. The main objective of Dropbox stock analysis is to determine its intrinsic value, which is an estimate of what Dropbox is worth, separate from its market price. There are two main types of Dropbox's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Dropbox's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Dropbox's stock to identify patterns and trends that may indicate its future price movements.
The Dropbox stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Dropbox is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Dropbox Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Dropbox's ongoing operational relationships across important fundamental and technical indicators.
Dropbox |
Dropbox Stock Analysis Notes
About 96.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 2.08. Dropbox had not issued any dividends in recent years. Dropbox, Inc. provides a content collaboration platform worldwide. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California. Dropbox operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 2667 people. To learn more about Dropbox call Andrew Houston at 415 857 6800 or check out https://www.dropbox.com.Dropbox Quarterly Total Revenue |
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Dropbox Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Dropbox's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Dropbox or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Dropbox generated a negative expected return over the last 90 days | |
Dropbox has high historical volatility and very poor performance | |
Over 96.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from fortune.com: Dropboxs CEO says managers mandating returns to the office are just mashing the go-back-to-2019 button and creating toxic relationships with staff |
Dropbox Upcoming and Recent Events
Earnings reports are used by Dropbox to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Dropbox previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
15th of February 2024 Upcoming Quarterly Report | View | |
2nd of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
15th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Dropbox Largest EPS Surprises
Earnings surprises can significantly impact Dropbox's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2020-02-20 | 2019-12-31 | 0.14 | 0.16 | 0.02 | 14 | ||
2019-11-07 | 2019-09-30 | 0.11 | 0.13 | 0.02 | 18 | ||
2019-08-08 | 2019-06-30 | 0.08 | 0.1 | 0.02 | 25 |
Dropbox Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Dropbox is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dropbox backward and forwards among themselves. Dropbox's institutional investor refers to the entity that pools money to purchase Dropbox's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 3.5 M | Lsv Asset Management | 2023-12-31 | 3.3 M | Bank Of New York Mellon Corp | 2023-12-31 | 3.1 M | Charles Schwab Investment Management Inc | 2023-12-31 | 3 M | Acadian Asset Management Llc | 2023-12-31 | 2.8 M | Wedge Capital Management, Llp | 2023-12-31 | 2.7 M | Pacer Advisors, Inc. | 2023-12-31 | 2.6 M | Schroder Investment Management Group | 2023-12-31 | 2.3 M | Robeco Institutional Asset Management Bv | 2023-12-31 | 2.3 M | Blackrock Inc | 2023-12-31 | 34.7 M | Vanguard Group Inc | 2023-12-31 | 27.3 M |
Dropbox Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 7.94 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dropbox's market, we take the total number of its shares issued and multiply it by Dropbox's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Dropbox Profitablity
Dropbox's profitability indicators refer to fundamental financial ratios that showcase Dropbox's ability to generate income relative to its revenue or operating costs. If, let's say, Dropbox is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Dropbox's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Dropbox's profitability requires more research than a typical breakdown of Dropbox's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.18 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.17 %, which entails that for every 100 dollars of revenue, it generated $0.17 of operating income. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.18 | 0.18 | |
Return On Capital Employed | 0.21 | 0.22 | |
Return On Assets | 0.15 | 0.16 | |
Return On Equity | (2.74) | (2.87) |
Management Efficiency
Dropbox has Return on Asset of 0.0787 % which means that on every $100 spent on assets, it made $0.0787 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1683 %, implying that it generated $0.1683 on every 100 dollars invested. Dropbox's management efficiency ratios could be used to measure how well Dropbox manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Dropbox's Return On Tangible Assets are fairly stable compared to the past year. Return On Capital Employed is likely to rise to 0.22 in 2024, whereas Return On Equity is likely to drop (2.87) in 2024. At this time, Dropbox's Other Current Assets are fairly stable compared to the past year. Return On Tangible Assets is likely to rise to 0.18 in 2024, whereas Total Assets are likely to drop slightly above 2.3 B in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | (0.49) | (0.46) | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | (1.83) | (1.74) | |
Enterprise Value Over EBITDA | 20.73 | 21.76 | |
Price Book Value Ratio | (60.67) | (57.63) | |
Enterprise Value Multiple | 20.73 | 21.76 | |
Price Fair Value | (60.67) | (57.63) | |
Enterprise Value | 9.8 B | 8.8 B |
The analysis of Dropbox's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Dropbox's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Dropbox Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.699 |
Technical Drivers
As of the 26th of April, Dropbox shows the Mean Deviation of 1.37, standard deviation of 3.08, and Variance of 9.51. Dropbox technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed thirteen technical drivers for Dropbox, which can be compared to its peers. Please confirm Dropbox variance and potential upside to decide if Dropbox is priced favorably, providing market reflects its regular price of 23.93 per share. Given that Dropbox has information ratio of (0.17), we urge you to verify Dropbox's prevailing market performance to make sure the company can sustain itself at a future point.Dropbox Price Movement Analysis
The output start index for this execution was fourty-one with a total number of output elements of twenty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Dropbox middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Dropbox. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Dropbox Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Dropbox insiders, such as employees or executives, is commonly permitted as long as it does not rely on Dropbox's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Dropbox insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Dropbox Predictive Daily Indicators
Dropbox intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Dropbox stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 37031.03 | |||
Daily Balance Of Power | (0.21) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 23.77 | |||
Day Typical Price | 23.82 | |||
Price Action Indicator | 0.12 | |||
Period Momentum Indicator | (0.09) |
Dropbox Corporate Filings
F4 | 17th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 3rd of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
2nd of April 2024 Other Reports | ViewVerify | |
F4 | 29th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 19th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 15th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 7th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 4th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Dropbox Forecast Models
Dropbox's time-series forecasting models are one of many Dropbox's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Dropbox's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Dropbox Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Dropbox prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Dropbox shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Dropbox. By using and applying Dropbox Stock analysis, traders can create a robust methodology for identifying Dropbox entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.22 | 0.23 | |
Operating Profit Margin | 0.15 | 0.16 | |
Net Profit Margin | 0.18 | 0.19 | |
Gross Profit Margin | 0.81 | 0.55 |
Current Dropbox Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Dropbox analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Dropbox analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
31.14 | Buy | 13 | Odds |
Most Dropbox analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Dropbox stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Dropbox, talking to its executives and customers, or listening to Dropbox conference calls.
Dropbox Stock Analysis Indicators
Dropbox stock analysis indicators help investors evaluate how Dropbox stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Dropbox shares will generate the highest return on investment. By understating and applying Dropbox stock analysis, traders can identify Dropbox position entry and exit signals to maximize returns.
Begin Period Cash Flow | 232.8 M | |
Long Term Debt | 1.4 B | |
Common Stock Shares Outstanding | 345.6 M | |
Total Stockholder Equity | -165.8 M | |
Tax Provision | -350.9 M | |
Quarterly Earnings Growth Y O Y | -0.278 | |
Property Plant And Equipment Net | 493 M | |
Cash And Short Term Investments | 1.4 B | |
Cash | 614.9 M | |
Accounts Payable | 38.5 M | |
Net Debt | 1.4 B | |
50 Day M A | 24.3036 | |
Total Current Liabilities | 1.2 B | |
Other Operating Expenses | 2.1 B | |
Non Current Assets Total | 1.5 B | |
Forward Price Earnings | 10.8342 | |
Non Currrent Assets Other | 76.6 M | |
Stock Based Compensation | 338 M |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dropbox. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Dropbox Stock please use our How to Invest in Dropbox guide.Note that the Dropbox information on this page should be used as a complementary analysis to other Dropbox's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Dropbox Stock analysis
When running Dropbox's price analysis, check to measure Dropbox's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dropbox is operating at the current time. Most of Dropbox's value examination focuses on studying past and present price action to predict the probability of Dropbox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dropbox's price. Additionally, you may evaluate how the addition of Dropbox to your portfolios can decrease your overall portfolio volatility.
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Is Dropbox's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dropbox. If investors know Dropbox will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dropbox listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Earnings Share 1.31 | Revenue Per Share 7.332 | Quarterly Revenue Growth 0.06 | Return On Assets 0.0787 |
The market value of Dropbox is measured differently than its book value, which is the value of Dropbox that is recorded on the company's balance sheet. Investors also form their own opinion of Dropbox's value that differs from its market value or its book value, called intrinsic value, which is Dropbox's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dropbox's market value can be influenced by many factors that don't directly affect Dropbox's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dropbox's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dropbox is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dropbox's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.