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The price of DocuSign Inc (NASDAQ: DOCU) closed at $87.92 in the last session, down -3.24% from day before closing price of $90.86. In other words, the price has decreased by -$3.24 from its previous closing price. On the day, 2.04 million shares were traded. DOCU stock price reached its highest trading level at $91.155 during the session, while it also had its lowest trading level at $86.93.
Ratios:
We take a closer look at DOCU’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 18.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.97. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.
On April 12, 2024, UBS Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $48 to $62.
Morgan Stanley Upgraded its Underweight to Equal-Weight on January 16, 2024, whereas the target price for the stock was revised from $49 to $64.
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 Jan 10 ’25 when Salem Enrique T sold 10,000 shares for $91.56 per share. The transaction valued at 915,610 led to the insider holds 162,265 shares of the business.
Solvik Peter sold 10,000 shares of DOCU for $912,600 on Jan 10 ’25. The Director now owns 150,253 shares after completing the transaction at $91.26 per share. On Jan 10 ’25, another insider, Solvik Peter, who serves as the Director of the company, bought 10,000 shares for $91.09 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DOCU now has a Market Capitalization of 17761861632 and an Enterprise Value of 16179828736. As of this moment, DocuSign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.11, and their Forward P/E ratio for the next fiscal year is 23.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.10 while its Price-to-Book (P/B) ratio in mrq is 8.93. Its current Enterprise Value per Revenue stands at 5.66 whereas that against EBITDA is 84.815.
Stock Price History:
The Beta on a monthly basis for DOCU is 1.01, which has changed by 0.7784302 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, DOCU has reached a high of $107.86, while it has fallen to a 52-week low of $48.70. The 50-Day Moving Average of the stock is -4.52%, while the 200-Day Moving Average is calculated to be 28.44%.
Shares Statistics:
According to the various share statistics, DOCU traded on average about 3.09M shares per day over the past 3-months and 2280770 shares per day over the past 10 days. A total of 202.00M shares are outstanding, with a floating share count of 199.45M. Insiders hold about 1.27% of the company’s shares, while institutions hold 88.29% stake in the company. Shares short for DOCU as of 1731628800 were 13572947 with a Short Ratio of 2.73, compared to 1728950400 on 15393402. Therefore, it implies a Short% of Shares Outstanding of 13572947 and a Short% of Float of 7.5600000000000005.