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The closing price of DocuSign Inc (NASDAQ: DOCU) was $57.04 for the day, down -1.76% from the previous closing price of $58.06. In other words, the price has decreased by -$1.76 from its previous closing price. On the day, 1.21 million shares were traded. DOCU stock price reached its highest trading level at $58.33 during the session, while it also had its lowest trading level at $56.9145.
Ratios:
Our analysis of DOCU’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.21. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.11.
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 the company, UBS on April 12, 2024, Upgraded its rating to Neutral and sets its target price to $62 from $48 previously.
On January 16, 2024, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also upped its target price recommendation from $49 to $64.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 09 ’24 when Solvik Peter sold 15,000 shares for $60.00 per share. The transaction valued at 900,000 led to the insider holds 783 shares of the business.
Shaughnessy James P sold 9,000 shares of DOCU for $536,580 on Apr 03 ’24. The Chief Legal Officer now owns 37,503 shares after completing the transaction at $59.62 per share. On Apr 02 ’24, another insider, Shaughnessy James P, who serves as the Chief Legal Officer of the company, sold 1,800 shares for $57.50 each. As a result, the insider received 103,500 and left with 46,503 shares of the company.
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 11678769152 and an Enterprise Value of 10813443072. As of this moment, DocuSign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 160.40, and their Forward P/E ratio for the next fiscal year is 16.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.24 while its Price-to-Book (P/B) ratio in mrq is 10.37. Its current Enterprise Value per Revenue stands at 3.915 whereas that against EBITDA is 88.131.
Stock Price History:
Over the past 52 weeks, DOCU has reached a high of $64.76, while it has fallen to a 52-week low of $38.11. The 50-Day Moving Average of the stock is 2.66%, while the 200-Day Moving Average is calculated to be 11.99%.
Shares Statistics:
DOCU traded an average of 3.26M shares per day over the past three months and 1483680 shares per day over the past ten days. A total of 205.33M shares are outstanding, with a floating share count of 203.29M. Insiders hold about 1.04% of the company’s shares, while institutions hold 77.95% stake in the company. Shares short for DOCU as of 1711584000 were 8382252 with a Short Ratio of 2.57, compared to 1709164800 on 5434215. Therefore, it implies a Short% of Shares Outstanding of 8382252 and a Short% of Float of 4.9000002.
Earnings Estimates
The current market rating for DocuSign Inc (DOCU) reflects the collective analysis of DocuSign, Inc. analysts closely monitoring its performance.The consensus estimate for the next quarter is $32.93, with high estimates of $18.01 and low estimates of $24.82.
Analysts are recommending an EPS of between $Real Estate and $Healthcare for the fiscal current year, implying an average EPS of $Technology.
