Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, DigitalOcean Holdings Inc’s stock clocked out at $33.79, up 1.20% from its previous closing price of $33.39. In other words, the price has increased by $1.20 from its previous closing price. On the day, 1.0 million shares were traded. DOCN stock price reached its highest trading level at $33.89 during the session, while it also had its lowest trading level at $32.8376.
Ratios:
To gain a deeper understanding of DOCN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.34. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 18 ’25 when Saha Bratin sold 3,948 shares for $36.63 per share. The transaction valued at 144,615 led to the insider holds 358,696 shares of the business.
Saha Bratin bought 3,948 shares of DOCN for $144,615 on Mar 18 ’25. On Mar 04 ’25, another insider, Steinfort Matt, who serves as the Chief Financial Officer of the company, sold 12,497 shares for $40.00 each. As a result, the insider received 499,880 and left with 557,938 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 3110971136 and an Enterprise Value of 4378752000. As of this moment, DigitalOcean’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.87, and their Forward P/E ratio for the next fiscal year is 15.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.99. Its current Enterprise Value per Revenue stands at 5.609 whereas that against EBITDA is 19.323.
Stock Price History:
The Beta on a monthly basis for DOCN is 1.87, which has changed by -0.08029395 over the last 52 weeks, in comparison to a change of 0.08089435 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 $26.63. The 50-Day Moving Average of the stock is -15.40%, while the 200-Day Moving Average is calculated to be -10.46%.
Shares Statistics:
It appears that DOCN traded 1.26M shares on average per day over the past three months and 1012200 shares per day over the past ten days. A total of 92.23M shares are outstanding, with a floating share count of 62.21M. Insiders hold about 32.43% of the company’s shares, while institutions hold 61.78% stake in the company. Shares short for DOCN as of 1741910400 were 6440830 with a Short Ratio of 5.09, compared to 1739491200 on 7062296. Therefore, it implies a Short% of Shares Outstanding of 6440830 and a Short% of Float of 9.7799994.
