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In the latest session, DocuSign Inc (NASDAQ: DOCU) closed at $90.21 down -0.15% from its previous closing price of $90.35. In other words, the price has decreased by -$0.15 from its previous closing price. On the day, 1.84 million shares were traded. DOCU stock price reached its highest trading level at $92.585 during the session, while it also had its lowest trading level at $89.6.
Ratios:
For a deeper understanding of DocuSign Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.46. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.
On April 12, 2024, UBS Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $48 to $62.
Morgan Stanley Upgraded its Underweight to Equal-Weight on January 16, 2024, whereas the target price for the stock was revised from $49 to $64.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 02 ’25 when Shaughnessy James P sold 7,500 shares for $90.17 per share. The transaction valued at 676,311 led to the insider holds 43,781 shares of the business.
Thygesen Allan C. sold 40,000 shares of DOCU for $3,601,780 on Jan 02 ’25. The President and CEO now owns 156,050 shares after completing the transaction at $90.04 per share. On Jan 02 ’25, another insider, JAMES P SHAUGHNESSY, who serves as the Officer of the company, bought 7,500 shares for $90.17 each.
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 18224494592 and an Enterprise Value of 16179828736. As of this moment, DocuSign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.58, and their Forward P/E ratio for the next fiscal year is 24.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.25 while its Price-to-Book (P/B) ratio in mrq is 9.16. Its current Enterprise Value per Revenue stands at 5.66 whereas that against EBITDA is 84.815.
Stock Price History:
Over the past 52 weeks, DOCU has reached a high of $107.86, while it has fallen to a 52-week low of $48.70. The 50-Day Moving Average of the stock is 7.27%, while the 200-Day Moving Average is calculated to be 40.49%.
Shares Statistics:
For the past three months, DOCU has traded an average of 4.00M shares per day and 2952330 over the past ten days. A total of 202.00M shares are outstanding, with a floating share count of 199.90M. Insiders hold about 1.08% of the company’s shares, while institutions hold 82.47% stake in the company. Shares short for DOCU as of 1731628800 were 13572947 with a Short Ratio of 2.76, compared to 1728950400 on 15393402. Therefore, it implies a Short% of Shares Outstanding of 13572947 and a Short% of Float of 7.5600000000000005.