Dingdong (Cayman) Ltd's fundamentals are relatively stable, and its growth potential is good.Its valuation is considered fairly valued, ranking 204 out of 486 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 3.11.In the medium term, the stock price is expected to trend down.Despite a very weak stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Dingdong (Cayman) Ltd's Score
Industry at a Glance
Industry Ranking
204 / 486
Overall Ranking
321 / 4565
Industry
Software & IT Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Dingdong (Cayman) Ltd Highlights
StrengthsRisks
Dingdong (Cayman) Ltd is a China-based e-commerce company. The Company offers groceries and other daily necessities directly delivered to users and households. The Company’s groceries offerings include fresh produce, meat and seafood and other daily necessities. The Company procure its products primarily from direct upstream sources such as farms and cooperatives. The Company’s frontline fulfillment grid consists of more than 950 frontline fulfillment stations across 29 cities in China. Its frontline fulfillment grid is also supported by approximately 40 regional processing centers to sort, package, label and store raw products prior to fulfillment.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 27.22% year-on-year.
Fairly Valued
The company’s latest PE is 13.26, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 69.83M shares, increasing 1.64% quarter-over-quarter.
Dingdong (Cayman) Ltd is a China-based e-commerce company. The Company offers groceries and other daily necessities directly delivered to users and households. The Company’s groceries offerings include fresh produce, meat and seafood and other daily necessities. The Company procure its products primarily from direct upstream sources such as farms and cooperatives. The Company’s frontline fulfillment grid consists of more than 950 frontline fulfillment stations across 29 cities in China. Its frontline fulfillment grid is also supported by approximately 40 regional processing centers to sort, package, label and store raw products prior to fulfillment.