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Duolingo, Inc. (DUOL) Stock Sinks As Market Gains: Here's Why
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Duolingo, Inc. (DUOL - Free Report) closed at $321.84 in the latest trading session, marking a -2.11% move from the prior day. This move lagged the S&P 500's daily gain of 0.41%. On the other hand, the Dow registered a gain of 0.18%, and the technology-centric Nasdaq increased by 0.31%.
Heading into today, shares of the company had gained 10.38% over the past month, outpacing the Business Services sector's gain of 0.51% and the S&P 500's gain of 3.15%.
The investment community will be closely monitoring the performance of Duolingo, Inc. in its forthcoming earnings report. It is anticipated that the company will report an EPS of $0.72, marking a 46.94% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $260.63 million, showing a 35.33% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.12 per share and a revenue of $1.02 billion, signifying shifts of +65.96% and +36.18%, respectively, from the last year.
Any recent changes to analyst estimates for Duolingo, Inc. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Duolingo, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, Duolingo, Inc. is currently exchanging hands at a Forward P/E ratio of 105.34. This indicates a premium in contrast to its industry's Forward P/E of 22.57.
We can also see that DUOL currently has a PEG ratio of 2.19. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. DUOL's industry had an average PEG ratio of 1.88 as of yesterday's close.
The Technology Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 67, putting it in the top 28% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Duolingo, Inc. (DUOL) Stock Sinks As Market Gains: Here's Why
Duolingo, Inc. (DUOL - Free Report) closed at $321.84 in the latest trading session, marking a -2.11% move from the prior day. This move lagged the S&P 500's daily gain of 0.41%. On the other hand, the Dow registered a gain of 0.18%, and the technology-centric Nasdaq increased by 0.31%.
Heading into today, shares of the company had gained 10.38% over the past month, outpacing the Business Services sector's gain of 0.51% and the S&P 500's gain of 3.15%.
The investment community will be closely monitoring the performance of Duolingo, Inc. in its forthcoming earnings report. It is anticipated that the company will report an EPS of $0.72, marking a 46.94% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $260.63 million, showing a 35.33% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.12 per share and a revenue of $1.02 billion, signifying shifts of +65.96% and +36.18%, respectively, from the last year.
Any recent changes to analyst estimates for Duolingo, Inc. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Duolingo, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, Duolingo, Inc. is currently exchanging hands at a Forward P/E ratio of 105.34. This indicates a premium in contrast to its industry's Forward P/E of 22.57.
We can also see that DUOL currently has a PEG ratio of 2.19. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. DUOL's industry had an average PEG ratio of 1.88 as of yesterday's close.
The Technology Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 67, putting it in the top 28% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.