Looking at top Wall Street opinions, Dropbox, Inc. (NASDAQ: DBX) has recently made its way into the research list of BofA/Merrill – signaling that their analyst’s rating adjustment is noteworthy. This stock was upgraded to a rating of Buy in the eyes of BofA/Merrill, whereas its previous rating was Neutral in the eyes of BofA/Merrill, as reported on Friday, February 22nd, 2019. Another heavy-hitting research note was published by William Blair on Tuesday December 11th, 2018, with this firm Initiated DBX to an updated rating of Outperform. In the past six months and three months of trading, shares of Dropbox, Inc. (DBX) have moved by -14.66% and -5.97%, respectively.
Brokerage Updates Related to Dropbox, Inc. (DBX) Stock
This publicly-traded organization generated losses of -3.76% over the last 5 sessions. Right now, this stock is the subject of 15 analysts’ evaluations, who – on average – have given this company’s shares a Strong Buy rating. Not a Single analyst have given underperform rating or sell rating, and 6 have given a rating of Buy or better. Based on the 15 stock market experts following this company, the average 12-month price target is $32.38. Moreover, individual price targets range between $24.00-$37.00. With its recent move to $33.00, we can see that these firms project this stock will loss by -30.46% in one year.
Updates from Dropbox, Inc. (DBX) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 3.10% rise since the beginning of the calendar year.
Dropbox, Inc. (NASDAQ:DBX) Results in the Pipeline
The next scheduled release of financial results for Dropbox, Inc. will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.06. In the same vein, they expect sales for the quarter to amount to $370.01 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $375.90 million in revenue alongside EPS at $0.11. On average, the analyst projection was calling for $360.30 million with $0.11 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $339.20 million, with earnings per share ending up at $0.08.
U.S. Bancorp (NYSE:USB) experienced a gain of 1.07% from the closing price in the previous trading day. That boost the price to $51.21 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 8,773,050 shares of stock – compared to the typical average of 6.35M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $54.95.
Pricing Indications for U.S. Bancorp (USB)
This organization has had a price-to-earnings ratio of 12.36 in the last year. Meanwhile, it gained 50.48 from its observable 50-day simple moving average. Right at this moment, the per-share value is -0.42% lower than the mean per-share price over the last 200 days in the market.
U.S. Bancorp (NYSE:USB) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 3 have a Buy rating, 4 have an outperform rating, while 14 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 3 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.70, based on information from Thomson Reuters.
USB Stock Value Potential
In trading activity as of late, this stock’s value was 51.43 up from its 200 day moving average, while also 1.44% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $44.00-$64.00. The market value for the entire organization reached 82.10B. In the last trading session, the price ended the day at $50.67. The institutional holdings related to this organization account for 0.10%, and the Beta factor is now 1.09. This company’s RSI (Relative Strength Index) managed to hit 61.08.
U.S. Bancorp (NYSE:USB) Analyst Points of Focus
U.S. Bancorp (USB) has found itself inside of Robert W. Baird’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Neutral, compared to its previous rating of Outperform by Robert W. Baird, as garnered from a news report on Monday January 28th, 2019. An additional helpful research note was sent out by Jefferies’s on Tuesday January 8th, 2019. The brokerage decided to downgrade USB to Hold from its previous rating of Buy.