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Duolingo, Inc. (DUOL) Stock Declines While Market Improves: Some Information for Investors
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Duolingo, Inc. (DUOL - Free Report) closed the most recent trading day at $143.56, moving -1.1% from the previous trading session. This change lagged the S&P 500's daily gain of 0.86%. At the same time, the Dow added 0.98%, and the tech-heavy Nasdaq gained 0.96%.
Heading into today, shares of the company had gained 0.74% over the past month, outpacing the Business Services sector's loss of 3.51% and the S&P 500's loss of 1.96%.
Analysts and investors alike will be keeping a close eye on the performance of Duolingo, Inc. in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.55, signifying a 42.11% drop compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $303.53 million, indicating a 11.71% increase compared to the same quarter of the previous year.
DUOL's full-year Zacks Consensus Estimates are calling for earnings of $2.62 per share and revenue of $1.21 billion. These results would represent year-over-year changes of -69.43% and +16.39%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Duolingo, Inc. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.96% decrease. At present, Duolingo, Inc. boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, Duolingo, Inc. is currently exchanging hands at a Forward P/E ratio of 55.51. This represents a premium compared to its industry average Forward P/E of 17.8.
We can additionally observe that DUOL currently boasts a PEG ratio of 1.19. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Technology Services industry had an average PEG ratio of 1.24.
The Technology Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 161, placing it within the bottom 35% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Duolingo, Inc. (DUOL) Stock Declines While Market Improves: Some Information for Investors
Duolingo, Inc. (DUOL - Free Report) closed the most recent trading day at $143.56, moving -1.1% from the previous trading session. This change lagged the S&P 500's daily gain of 0.86%. At the same time, the Dow added 0.98%, and the tech-heavy Nasdaq gained 0.96%.
Heading into today, shares of the company had gained 0.74% over the past month, outpacing the Business Services sector's loss of 3.51% and the S&P 500's loss of 1.96%.
Analysts and investors alike will be keeping a close eye on the performance of Duolingo, Inc. in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.55, signifying a 42.11% drop compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $303.53 million, indicating a 11.71% increase compared to the same quarter of the previous year.
DUOL's full-year Zacks Consensus Estimates are calling for earnings of $2.62 per share and revenue of $1.21 billion. These results would represent year-over-year changes of -69.43% and +16.39%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Duolingo, Inc. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.96% decrease. At present, Duolingo, Inc. boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, Duolingo, Inc. is currently exchanging hands at a Forward P/E ratio of 55.51. This represents a premium compared to its industry average Forward P/E of 17.8.
We can additionally observe that DUOL currently boasts a PEG ratio of 1.19. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Technology Services industry had an average PEG ratio of 1.24.
The Technology Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 161, placing it within the bottom 35% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.