The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of DigitalOcean Holdings Inc (NYSE: DOCN) closed at $28.25 in the last session, up 5.88% from day before closing price of $26.68. In other words, the price has increased by $5.88 from its previous closing price. On the day, 1.2 million shares were traded.
Ratios:
We take a closer look at DOCN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.96. For the most recent quarter (mrq), Quick Ratio is recorded 2.45 and its Current Ratio is at 2.45.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on January 24, 2025, initiated with a Buy rating and assigned the stock a target price of $45.
On January 17, 2025, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $39.
Morgan Stanley Upgraded its Equal-Weight to Overweight on January 16, 2025, whereas the target price for the stock was revised from $40 to $41.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 21 ’25 when Saha Bratin sold 3,461 shares for $26.86 per share. The transaction valued at 92,962 led to the insider holds 394,367 shares of the business.
Saha Bratin bought 3,461 shares of DOCN for $92,962 on Apr 21 ’25. On Mar 18 ’25, another insider, Saha Bratin, who serves as the Chief Product & Tech Officer of the company, sold 3,948 shares for $36.63 each. As a result, the insider received 144,615 and left with 358,696 shares of the company.
Valuation Measures:
As of this moment, DigitalOcean’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.49, and their Forward P/E ratio for the next fiscal year is 12.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.32.
Stock Price History:
Over the past 52 weeks, DOCN has reached a high of $47.02, while it has fallen to a 52-week low of $25.45. The 50-Day Moving Average of the stock is -21.71%, while the 200-Day Moving Average is calculated to be -24.25%.
Shares Statistics:
A total of 92.23M shares are outstanding, with a floating share count of 61.92M. Insiders hold about 32.56% of the company’s shares, while institutions hold 62.04% stake in the company.
