Duolingo Inc. (NASDAQ:DUOL) saw an upside of 11.95% to $152.25 after adding $16.25 on Wednesday. The 5-day average trading volume is 667,892 shares of the company’s common stock. It has gained $153.42 in the past week and touched a new high 2 times within the past 5 days. An average of 527,583 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 561,985.
DUOL’s 1-month performance is 1.84% or $16.88 on its low of $130.43 reached on 08/08/23. The company’s shares have touched a 52-week low of $64.73 and high of $168.40, with the stock’s rally to the 52-week high happening on 06/06/23. YTD, DUOL has achieved 114.05% or $81.00 and has reached a new high 32 times. However, the current price is down -9.59% from the 52-week high price.
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Insider Transactions
DUOL stock investors last saw insider trading activity on Jun 14.von Ahn Luis (President & CEO, Co-Founder) most recently sold 33,334 shares at $153.17 per share on Jun 14. This transaction cost the insider $5,105,751. Director, Shelton James H, sold 10,000 shares at a price of $153.32 on Jun 14. Then, on Jun 12, Director Clemens Sara sold 11,573 shares at a price of $155.87 per share. This transaction amounted to $1,803,835.
Valuation Metrics
DUOL stock has a beta of 0.40. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 15.91 while the price-to-book (PB) in the most recent quarter is 10.95, with the price to cash flow ratio at 120.12.
Duolingo Inc.’s quick ratio for the period ended June 29 was 3.70, with the current ratio over the same period at 3.70. In terms of profitability, the gross margin trailing 12 months is 72.90%. The trailing 12-month EBITDA margin is -16.15% while for the period ending June 29, Duolingo Inc.’s operating margin was -15.30%. The firm’s gross profit as reported stood at $270.06 million against revenue of $369.5 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -574.42% to -$2.58 million, while revenue of -$18.45 million was -615.12% off the previous quarter. Analysts expected DUOL to announce -$0.19 per share in earnings in its latest quarter, but it posted $0.08, representing a 142.10% surprise. EBITDA for the quarter stood at more than -$6.76 million. DUOL stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 225.19 million, with total debt at $27.9 million. Shareholders hold equity totaling $41.05 million.
Let’s look briefly at Duolingo Inc. (DUOL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 57.26% to suggest the stock is trending Neutral, with historical volatility in this time period at 75.30%.
The stock’s 5-day moving average is $141.37, reflecting a +5.53% or $7.98 change from its current price. DUOL is currently trading -1.34% above its 20-day SMA, +19.44% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +2.00% and SMA200 by+71.47%.
Stochastic %K and %D was 40.43% and 20.64% and the average true range (ATR) pointed at 8.44. The RSI (14) points at 54.44%, while the 14-day stochastic is at 84.23% with the period’s ATR at 8.03. The stock’s 9-day MACD Oscillator is pointing at -2.74 and -3.59 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Duolingo Inc. (NASDAQ: DUOL), Wolfe Research launched coverage with a Peer perform rating. Analysts offering their rating for DUOL stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate DUOL as a “sell,”, while 5 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 5 have offered a “buy” rating.
What is DUOL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $132.00 and a high of $193.40, with their median price target at $165.00. Looking at these predictions, the average price target given by analysts is for Duolingo Inc. (DUOL) stock is $161.90.
