Dropbox(DBX)

Search documents
Dropbox (DBX) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-10-16 23:21
Dropbox (DBX) closed the most recent trading day at $26.14, moving -0.49% from the previous trading session. This change lagged the S&P 500's 0.47% gain on the day. Elsewhere, the Dow gained 0.79%, while the tech-heavy Nasdaq added 0.28%. The the stock of online file-sharing company has risen by 6.66% in the past month, leading the Computer and Technology sector's gain of 3.88% and the S&P 500's gain of 3.48%. The investment community will be paying close attention to the earnings performance of Dropbox in ...
Dropbox (DBX) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-10-01 23:21
Dropbox (DBX) closed the latest trading day at $25.05, indicating a -1.49% change from the previous session's end. This change lagged the S&P 500's 0.93% loss on the day. Elsewhere, the Dow saw a downswing of 0.41%, while the tech-heavy Nasdaq depreciated by 1.53%. The online file-sharing company's shares have seen an increase of 1.15% over the last month, not keeping up with the Computer and Technology sector's gain of 2.77% and the S&P 500's gain of 2.17%. The investment community will be paying close att ...
Dropbox (DBX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-09-25 23:20
The latest trading session saw Dropbox (DBX) ending at $24.82, denoting a -0.44% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.19%. On the other hand, the Dow registered a loss of 0.7%, and the technology-centric Nasdaq increased by 0.04%. The online file-sharing company's stock has climbed by 2% in the past month, exceeding the Computer and Technology sector's gain of 0.73% and the S&P 500's gain of 1.95%. The investment community will be closely mon ...
Dropbox (DBX) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-09-19 23:21
In the latest trading session, Dropbox (DBX) closed at $24.47, marking a -0.08% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.7%. On the other hand, the Dow registered a gain of 1.26%, and the technology-centric Nasdaq increased by 2.51%. Shares of the online file-sharing company witnessed a gain of 0.66% over the previous month, beating the performance of the Computer and Technology sector with its loss of 1.45% and underperforming the S&P 500's gain of 1.27%. T ...
Here's Why Dropbox (DBX) is a Strong Growth Stock
ZACKS· 2024-09-17 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style ...
Dropbox (DBX) Laps the Stock Market: Here's Why
ZACKS· 2024-09-13 23:18
The latest trading session saw Dropbox (DBX) ending at $24.59, denoting a +1.32% adjustment from its last day's close. This move outpaced the S&P 500's daily gain of 0.54%. Elsewhere, the Dow gained 0.72%, while the tech-heavy Nasdaq added 0.65%. Heading into today, shares of the online file-sharing company had gained 6.45% over the past month, outpacing the Computer and Technology sector's gain of 3.3% and the S&P 500's gain of 4.86% in that time. Market participants will be closely following the financial ...
Why Dropbox (DBX) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-09-04 14:50
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style ...
Dropbox (DBX) is a Top-Ranked Value Stock: Should You Buy?
ZACKS· 2024-09-02 14:40
Zacks Premium and Style Scores Overview - Zacks Premium provides tools for investors to become smarter and more confident, including daily updates of Zacks Rank, Zacks Industry Rank, Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] - Zacks Style Scores complement the Zacks Rank by rating stocks based on value, growth, and momentum characteristics, helping investors identify stocks likely to outperform the market over the next 30 days [2][3] Style Scores Breakdown - **Value Score**: Evaluates stocks based on valuation metrics like P/E, PEG, Price/Sales, and Price/Cash Flow to identify undervalued stocks [3] - **Growth Score**: Focuses on a company's financial strength, health, and future outlook by analyzing projected and historic earnings, sales, and cash flow [4] - **Momentum Score**: Identifies stocks with upward or downward trends in price or earnings outlook using factors like one-week price change and monthly percentage change in earnings estimates [4] - **VGM Score**: Combines Value, Growth, and Momentum Scores to highlight stocks with the most attractive value, growth forecast, and momentum [5] Zacks Rank and Style Scores Integration - Zacks Rank uses earnings estimate revisions to rate stocks, with 1 (Strong Buy) stocks delivering an average annual return of +25.41% since 1988, outperforming the S&P 500 [6][7] - Over 800 stocks are rated as 1 (Strong Buy) or 2 (Buy) daily, making it challenging to select the best stocks without additional tools like Style Scores [7][8] - Combining Zacks Rank 1 or 2 with Style Scores of A or B increases the likelihood of selecting high-performing stocks [8][9] Case Study: Dropbox (DBX) - Dropbox is a cloud-based platform serving over 700 million registered users across 180 countries [10] - DBX holds a Zacks Rank of 3 (Hold) with a VGM Score of A and a Value Style Score of B, supported by a forward P/E ratio of 11.32 [10] - Four analysts revised their earnings estimates upwards for fiscal 2024, increasing the Zacks Consensus Estimate by $0.10 to $2.22 per share, with an average earnings surprise of 13.7% [11] - DBX's strong Zacks Rank and top-tier Style Scores make it a compelling option for investors [11]
Why Dropbox Stock Is a Steal Right Now
The Motley Fool· 2024-08-15 12:15
The software-as-a-service company has been overlooked by the market and is now a steal for investors. Dropbox (DBX -0.09%) hasn't gotten the headlines of other cloud companies, but it's well positioned to grow as companies demand more storage and artificial intelligence (AI) functionality. In this video, Travis Hoium explains why the price is right for this company as it returns to growth. *Stock prices used were end-of-day prices of Aug. 12, 2024. The video was published on Aug. 12, 2024. ...
Dropbox: Top Line Trends Are Worsening Further
Seeking Alpha· 2024-08-12 19:38
funky-data Despite a cheap valuation, Dropbox remains a snare as a value trap. Data by YCharts The markets are expecting a tough macro climate across all industries heading into the second half of this year, but when investing in tech stocks, one rule remains paramount: don't trust a company that isn't able to grow. For Dropbox (NASDAQ:DBX), this unfortunately appears to be the case, as the file storage company continues to post lackluster growth rates and customer additions. Year to date, shares have lost ...