Delivery Hero (OTCMKTS:DLVHF – Get Free Report) is projected to issue its results before the market opens on Thursday, August 27th. Analysts expect the company to post earnings of ($2.1785) per share and revenue of $4.5524 billion for the quarter.
Delivery Hero Price Performance
Shares of DLVHF stock opened at $41.00 on Tuesday. Delivery Hero has a 12-month low of $17.48 and a 12-month high of $46.49. The firm has a 50-day moving average price of $41.56 and a 200 day moving average price of $32.38.
Wall Street Analyst Weigh In
DLVHF has been the subject of several recent analyst reports. Jefferies Financial Group lowered shares of Delivery Hero to a “hold” rating in a report on Friday, July 24th. UBS Group downgraded Delivery Hero from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. Oddo Bhf lowered Delivery Hero to an “underperform” rating in a research report on Monday, May 25th. Barclays cut Delivery Hero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Delivery Hero in a research report on Friday, May 1st. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold”.
Delivery Hero Company Profile
Delivery Hero SE is a global online food‐ordering and delivery platform that connects consumers, restaurants and couriers through its digital marketplace. The company’s core business revolves around providing a seamless, on‐demand food delivery experience via mobile apps and websites. Beyond traditional restaurant delivery, Delivery Hero also operates a network of cloud kitchens—known as “dark kitchens”—to meet growing consumer demand for a broader variety of cuisines and faster fulfilment times.
Founded in 2011 and headquartered in Berlin, Germany, Delivery Hero has grown through a combination of organic expansion and strategic acquisitions.
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