Dada Nexus (DADA) Stock Price, News & Analysis

Company Overview

Dada Nexus Limited operates a platform of local on-demand retail and delivery in the People's Republic of China. It operates Dada Now, a local on-demand delivery platform that provides intra-city delivery and last-mile delivery services on an on-demand basis to chain merchants, small- and medium-sized enterprise merchants, and individual senders; and JDDJ, a local on-demand retail platforms for consumers, retailers, and brand owners. The company was incorporated in 2014 and is headquartered in Shanghai, China.

Key Stats

• Today's Range: $1.32 to $1.38
• 50-Day Range: $1.34 to $1.83
• 52-Week Range: $1.04 to $3.67
• Volume: 398,297 shs
• Average Volume: 2.11 million shs
• Market Capitalization: $350.74 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.70
• Consensus Rating: Hold

Dada Nexus Stock Analysis - MarketRank™

Dada Nexus scored higher than 54% of companies evaluated by MarketBeat, and ranked 166th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Dada Nexus has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Dada Nexus has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Dada Nexus is -1.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Dada Nexus is -1.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Dada Nexus has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.72% of the outstanding shares of Dada Nexus have been sold short.

Short Interest Ratio / Days to Cover

Dada Nexus has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dada Nexus has recently decreased by 12.15%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Dada Nexus does not currently pay a dividend.

Dividend Growth

Dada Nexus does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.72% of the outstanding shares of Dada Nexus have been sold short.

Short Interest Ratio / Days to Cover

Dada Nexus has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dada Nexus has recently decreased by 12.15%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.93

News Sentiment

Dada Nexus has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Dada Nexus this week, compared to 4 articles on an average week.

Search Interest

2 people have searched for DADA on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Dada Nexus to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Dada Nexus insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.50% of the stock of Dada Nexus is held by insiders.

Percentage Held by Institutions

59.25% of the stock of Dada Nexus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DADA Stock Analysis - Frequently Asked Questions

How have DADA shares performed this year?

Dada Nexus' stock was trading at $3.32 on January 1st, 2024. Since then, DADA shares have decreased by 59.3% and is now trading at $1.35.
View the best growth stocks for 2024 here.

How were Dada Nexus' earnings last quarter?

Dada Nexus Limited (NASDAQ:DADA) issued its quarterly earnings data on Tuesday, November, 23rd. The company reported ($0.30) earnings per share for the quarter, beating analysts' consensus estimates of ($0.37) by $0.07. The firm had revenue of $201.14 million for the quarter, compared to the consensus estimate of $259.77 million. Dada Nexus had a negative trailing twelve-month return on equity of 12.70% and a negative net margin of 20.95%.

When did Dada Nexus IPO?

Dada Nexus (DADA) raised $264 million in an initial public offering (IPO) on Friday, June 5th 2020. The company issued 16,500,000 shares at a price of $15.00-$17.00 per share. Goldman Sachs (Asia), BofA Securities and Jefferies served as the underwriters for the IPO.

Who are Dada Nexus' major shareholders?

Top institutional shareholders of Dada Nexus include Jane Street Group LLC (0.09%), Cladis Investment Advisory LLC (0.06%), Barclays PLC (0.04%) and Barclays PLC (0.04%).

How do I buy shares of Dada Nexus?

Shares of DADA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Dada Nexus own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Dada Nexus investors own include Block (SQ), Digital Turbine (APPS), CrowdStrike (CRWD), Okta (OKTA), ChargePoint (CHPT) and Unity Software (U).

Company Calendar

• Last Earnings: 11/23/2021
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: N/A
• Current Symbol: NASDAQ:DADA
• CUSIP: N/A
• CIK: 1793862
• Web: about.imdada.cn
• Phone: 86-21-3165-7167
• Fax: N/A
• Employees: 2,376
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.70
• High Stock Price Target: $4.00
• Low Stock Price Target: $1.90
• Potential Upside/Downside: +100.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.17
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.11)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-275,710,000.00
• Net Margins: -20.95%
• Pretax Margin: -21.10%
• Return on Equity: -12.70%
• Return on Assets: -9.56%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.59
• Quick Ratio: 3.58

Sales & Book Value

• Annual Sales: $9.98 billion
• Price / Sales: 0.04
• Cash Flow: $0.02 per share
• Price / Cash Flow: 64.18
• Book Value: $2.99 per share
• Price / Book: 0.45

Miscellaneous

• Outstanding Shares: 259,805,000
• Free Float: 237,722,000
• Market Cap: $350.74 million
• Optionable: Optionable
• Beta: 1.32