Dropbox (DBX) closed at $25.79 in the latest trading session, marking a -1.86% move from the prior day. This move lagged the S&P 500's daily loss of 0.92%. On the other hand, the Dow registered a loss of 0.96%, and the technology-centric Nasdaq decreased by 1.6%.The online file-sharing company's shares have seen an increase of 5.42% over the last month, surpassing the Computer and Technology sector's gain of 3.64% and the S&P 500's gain of 2.68%.The investment community will be paying close attention to the ...

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 ...

Group 1: Company Performance - Dropbox's stock closed at $25.05, reflecting a -1.49% change from the previous session, underperforming compared to the S&P 500's loss of 0.93% [1] - Over the last month, Dropbox shares increased by 1.15%, lagging behind the Computer and Technology sector's gain of 2.77% and the S&P 500's gain of 2.17% [1] Group 2: Earnings Projections - The upcoming earnings report for Dropbox is projected to show earnings per share (EPS) of $0.52, a decrease of 7.14% from the same quarter last year [2] - Quarterly revenue is estimated at $636.93 million, reflecting a 0.62% increase from the previous year [2] Group 3: Annual Estimates - For the annual period, earnings are anticipated to be $2.22 per share, with revenue expected to reach $2.54 billion, indicating increases of +12.12% and +1.73% respectively from the last year [3] - Changes in analyst estimates for Dropbox are crucial as they often indicate shifts in near-term business trends, with positive revisions suggesting optimism about the company's profitability [3] Group 4: Valuation Metrics - Dropbox has a Forward P/E ratio of 11.45, which is a discount compared to the industry's average Forward P/E of 30.63 [5] - The company has a PEG ratio of 0.94, lower than the average PEG ratio of 1.83 for the Internet - Services industry [6] Group 5: Industry Context - The Internet - Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 93, placing it in the top 37% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

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 ...

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 ...

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Group 1: Company Performance - Dropbox's stock closed at $24.59, reflecting a +1.32% increase, outperforming the S&P 500's gain of 0.54% [1] - Over the past month, Dropbox shares have risen by 6.45%, surpassing the Computer and Technology sector's gain of 3.3% and the S&P 500's gain of 4.86% [1] Group 2: Upcoming Financial Results - Dropbox is expected to report an EPS of $0.52, which is a decrease of 7.14% from the same quarter last year [2] - The consensus estimate for quarterly revenue is $636.93 million, representing an increase of 0.62% year-over-year [2] Group 3: Fiscal Year Projections - For the fiscal year, earnings are projected at $2.22 per share, indicating a +12.12% change from the previous year, while revenue is expected to be $2.54 billion, reflecting a +1.73% change [3] - Recent changes in analyst estimates suggest a positive outlook for Dropbox's business and profitability [3] Group 4: Valuation Metrics - Dropbox's Forward P/E ratio is 10.93, which is significantly lower than the industry's Forward P/E of 30.5, indicating a valuation discount [6] - The company has a PEG ratio of 0.89, compared to the Internet - Services industry's average PEG ratio of 2.12 [7] Group 5: Industry Ranking - The Internet - Services industry, which includes Dropbox, ranks in the top 37% of all industries according to the Zacks Industry Rank [8] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

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 ...

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]

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. ...