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The price of DocuSign Inc (NASDAQ: DOCU) closed at $72.50 in the last session, down -0.14% from day before closing price of $72.60. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 3.57 million shares were traded. DOCU stock price reached its highest trading level at $73.8 during the session, while it also had its lowest trading level at $71.77.
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 15.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.01. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.
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:
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 Oct 15 ’24 when GRAYSON BLAKE JEFFREY sold 9,552 shares for $68.80 per share. The transaction valued at 657,193 led to the insider holds 78,265 shares of the business.
BLAKE J GRAYSON bought 9,552 shares of DOCU for $657,233 on Oct 15 ’24. On Oct 09 ’24, another insider, Shaughnessy James P, who serves as the Chief Legal Officer of the company, sold 7,500 shares for $67.83 each. As a result, the insider received 508,703 and left with 43,301 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 14715541504 and an Enterprise Value of 13910884352. As of this moment, DocuSign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.29, and their Forward P/E ratio for the next fiscal year is 19.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.15 while its Price-to-Book (P/B) ratio in mrq is 7.48. Its current Enterprise Value per Revenue stands at 4.867 whereas that against EBITDA is 72.921.
Stock Price History:
Over the past 52 weeks, DOCU has reached a high of $72.64, while it has fallen to a 52-week low of $38.11. The 50-Day Moving Average of the stock is 21.30%, while the 200-Day Moving Average is calculated to be 27.21%.
Shares Statistics:
According to the various share statistics, DOCU traded on average about 2.94M shares per day over the past 3-months and 7775370 shares per day over the past 10 days. A total of 205.33M shares are outstanding, with a floating share count of 200.92M. Insiders hold about 1.01% of the company’s shares, while institutions hold 80.39% stake in the company. Shares short for DOCU as of 1727654400 were 9452901 with a Short Ratio of 3.21, compared to 1724976000 on 8552264. Therefore, it implies a Short% of Shares Outstanding of 9452901 and a Short% of Float of 5.2600004.
