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The closing price of DocuSign Inc (NASDAQ: DOCU) was $51.69 for the day, down -1.99% from the previous closing price of $52.74. In other words, the price has decreased by -$1.99 from its previous closing price. On the day, 2.02 million shares were traded. DOCU stock price reached its highest trading level at $52.83 during the session, while it also had its lowest trading level at $51.52.
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 9.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.70. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.10.
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 Jun 24 ’24 when Chatwani Robert sold 14,799 shares for $52.17 per share. The transaction valued at 772,064 led to the insider holds 68,083 shares of the business.
GRAYSON BLAKE JEFFREY sold 49,123 shares of DOCU for $2,512,847 on Jun 20 ’24. The Chief Financial Officer now owns 70,473 shares after completing the transaction at $51.15 per share. On Jun 12 ’24, another insider, Shaughnessy James P, who serves as the Chief Legal Officer of the company, sold 1,800 shares for $52.61 each. As a result, the insider received 94,698 and left with 33,903 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 10581770240 and an Enterprise Value of 9632025600. As of this moment, DocuSign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 100.62, and their Forward P/E ratio for the next fiscal year is 14.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.77 while its Price-to-Book (P/B) ratio in mrq is 9.31. Its current Enterprise Value per Revenue stands at 3.428 whereas that against EBITDA is 65.685.
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 -8.27%, while the 200-Day Moving Average is calculated to be -0.89%.
Shares Statistics:
DOCU traded an average of 2.14M shares per day over the past three months and 2936540 shares per day over the past ten days. A total of 205.33M shares are outstanding, with a floating share count of 202.42M. Insiders hold about 1.12% of the company’s shares, while institutions hold 79.74% stake in the company. Shares short for DOCU as of 1715731200 were 8627200 with a Short Ratio of 2.82, compared to 1713139200 on 8364002. Therefore, it implies a Short% of Shares Outstanding of 8627200 and a Short% of Float of 4.760000000000001.
Earnings Estimates
The stock of DocuSign Inc (DOCU) is currently being evaluated by 16.0 analysts who are actively contributing to its market rating.On average, analysts expect EPS of $0.8 for the current quarter, with a high estimate of $0.85 and a low estimate of $0.76, while EPS last year was $0.72. The consensus estimate for the next quarter is $0.81, with high estimates of $0.88 and low estimates of $0.73.
Analysts are recommending an EPS of between $3.44 and $3.07 for the fiscal current year, implying an average EPS of $3.24. EPS for the following year is $3.49, with 21.0 analysts recommending between $3.65 and $3.22.
Revenue Estimates
For the next quarter, 15 analysts are estimating revenue of $739.25M. There is a high estimate of $751.29M for the next quarter, whereas the lowest estimate is $734.02M.
A total of 19 analysts have provided revenue estimates for DOCU’s current fiscal year. The highest revenue estimate was $2.96B, while the lowest revenue estimate was $2.92B, resulting in an average revenue estimate of $2.93B. In the same quarter a year ago, actual revenue was $2.76BBased on 19 analysts’ estimates, the company’s revenue will be $3.11B in the next fiscal year. The high estimate is $3.17B and the low estimate is $3.03B.
