Investor’s Toolkit: Key Ratios for Assessing DocuSign Inc (DOCU)’s Performance

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DocuSign Inc (NASDAQ: DOCU) closed the day trading at $57.28 down -0.40% from the previous closing price of $57.51. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 1.42 million shares were traded. DOCU stock price reached its highest trading level at $57.94 during the session, while it also had its lowest trading level at $57.13.


For a better understanding of DOCU, 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 11.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.26. 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:

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 May 01 ’24 when Thygesen Allan C. sold 8,086 shares for $56.16 per share. The transaction valued at 454,110 led to the insider holds 99,546 shares of the business.

Solvik Peter sold 15,000 shares of DOCU for $900,000 on Apr 09 ’24. The Director now owns 783 shares after completing the transaction at $60.00 per share. On Apr 03 ’24, another insider, Shaughnessy James P, who serves as the Chief Legal Officer of the company, sold 9,000 shares for $59.62 each. As a result, the insider received 536,580 and left with 37,503 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 11727908864 and an Enterprise Value of 10862738432. As of this moment, DocuSign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 161.08, and their Forward P/E ratio for the next fiscal year is 16.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.26 while its Price-to-Book (P/B) ratio in mrq is 10.41. Its current Enterprise Value per Revenue stands at 3.933 whereas that against EBITDA is 88.532.

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 -0.34%, while the 200-Day Moving Average is calculated to be 11.55%.

Shares Statistics:

Over the past 3-months, DOCU traded about 2.49M shares per day on average, while over the past 10 days, DOCU traded about 1208310 shares per day. A total of 205.33M shares are outstanding, with a floating share count of 203.28M. Insiders hold about 1.04% of the company’s shares, while institutions hold 78.79% stake in the company. Shares short for DOCU as of 1713139200 were 8364002 with a Short Ratio of 3.35, compared to 1710460800 on 7103034. Therefore, it implies a Short% of Shares Outstanding of 8364002 and a Short% of Float of 4.61.

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