In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
DigitalOcean Holdings Inc (NYSE: DOCN) closed the day trading at $36.27 down -1.84% from the previous closing price of $36.95. In other words, the price has decreased by -$1.84 from its previous closing price. On the day, 1.18 million shares were traded.
Ratios:
For a better understanding of DOCN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.71. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 04 ’25 when Steinfort Matt sold 12,497 shares for $40.00 per share. The transaction valued at 499,880 led to the insider holds 557,938 shares of the business.
Steinfort Matt bought 12,497 shares of DOCN for $499,880 on Mar 04 ’25. On Feb 19 ’25, another insider, Saha Bratin, who serves as the Chief Product & Tech Officer of the company, sold 4,516 shares for $46.08 each. As a result, the insider received 208,097 and left with 365,729 shares of the company.
Valuation Measures:
As of this moment, DigitalOcean’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.72, and their Forward P/E ratio for the next fiscal year is 16.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.28.
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 $26.63. The 50-Day Moving Average of the stock is -8.33%, while the 200-Day Moving Average is calculated to be -4.11%.
Shares Statistics:
A total of 92.23M shares are outstanding, with a floating share count of 62.11M. Insiders hold about 32.54% of the company’s shares, while institutions hold 62.08% stake in the company.
