JP Morgan raised the price target for the Duolingo Inc (NASDAQ:DUOL) stock to “an Overweight”. The rating was released on March 11, 2024, according to finviz. The research report from Goldman has downgraded the stock from Neutral to Sell, with a price target set at $160. The stock was resumed by BofA Securities, who disclosed in a research note on October 19, 2023, to Neutral and set the price objective to $188. In their research brief published October 09, 2023, Barclays analysts resumed the Duolingo Inc stock to Equal Weight with a price target of $149.
The latest trade, Performances and Moving Averages give us the following Picture
The firm’s stock price fluctuated -5.24% within the last five trades and -9.74% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 20.06% in the last 6 months and 2.63% was added to its value over the previous 3 months. DUOL stock is trading at a margin of -5.75%, -1.63% and 11.75% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
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As of the close of trading, DUOL deals in the Technology domain. The stock is trading -16.60 percent below its 52-week high and 75.54 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 12.15. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Duolingo Inc’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at -2.43 percent and the profit margin is 3.03 percent, and the company has reported a gross margin of 72.29 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $8.79 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Duolingo Inc (NASDAQ:DUOL) is 634.86. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 87.86. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 16.56 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 13.30, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 15.93 percent of Duolingo Inc shares are owned by insiders, and 77.06 percent are held by financial institutions. Glance Natalie, the Chief Engineering Officer at Duolingo Inc (DUOL) has sold 1,500 shares of firm on Apr 08 ’24 at a price of $215.35 against the total amount of $0.32 million. In another inside trade, von Ahn Luis, President & CEO, Co-Founder of Duolingo Inc (NASDAQ:DUOL) sold 12,000 shares of the firm on Apr 01 ’24 for a total worth of $2.62 million at a price of $218.40. An inside trade which took place on Apr 01 ’24, Chief Tech Officer, Co-Founder of Duolingo Inc Hacker Severin sold 10,000 shares of firm against total price of $2.18 million at the cost of $218.42 per share.
