For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of DigitalOcean Holdings Inc (NYSE: DOCN) was $30.90 for the day, down -1.65% from the previous closing price of $31.42. In other words, the price has decreased by -$1.65 from its previous closing price. On the day, 1.04 million shares were traded. DOCN stock price reached its highest trading level at $31.04 during the session, while it also had its lowest trading level at $29.61.
Ratios:
Our analysis of DOCN’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 6.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.49. 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:
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 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DOCN now has a Market Capitalization of 2892771328 and an Enterprise Value of 4112676096. As of this moment, DigitalOcean’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.54, and their Forward P/E ratio for the next fiscal year is 14.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.63. Its current Enterprise Value per Revenue stands at 5.269 whereas that against EBITDA is 18.149.
Stock Price History:
The Beta on a monthly basis for DOCN is 1.88, which has changed by -0.1256367 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. 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 -10.72%, while the 200-Day Moving Average is calculated to be -17.03%.
Shares Statistics:
DOCN traded an average of 1.43M shares per day over the past three months and 1062390 shares per day over the past ten days. A total of 92.23M shares are outstanding, with a floating share count of 61.93M. Insiders hold about 32.55% of the company’s shares, while institutions hold 62.00% stake in the company. Shares short for DOCN as of 1744675200 were 6584178 with a Short Ratio of 4.61, compared to 1741910400 on 6440830. Therefore, it implies a Short% of Shares Outstanding of 6584178 and a Short% of Float of 9.99.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
