Stock Performance Spotlight: DigitalOcean Holdings Inc (DOCN) Ends the Day at 41.81, Down by -0.38

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

As of close of business last night, DigitalOcean Holdings Inc’s stock clocked out at $41.81, down -0.38% from its previous closing price of $41.97. In other words, the price has decreased by -$0.38 from its previous closing price. On the day, 0.89 million shares were traded. DOCN stock price reached its highest trading level at $42.23 during the session, while it also had its lowest trading level at $40.43.

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 8.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.03. For the most recent quarter (mrq), Quick Ratio is recorded 3.14 and its Current Ratio is at 3.14.

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 Jan 21 ’25 when Saha Bratin sold 4,289 shares for $36.80 per share. The transaction valued at 157,835 led to the insider holds 372,762 shares of the business.

Saha Bratin bought 4,289 shares of DOCN for $157,835 on Jan 21 ’25. On Dec 18 ’24, another insider, Saha Bratin, who serves as the Chief Product & Tech Officer of the company, sold 3,468 shares for $38.18 each. As a result, the insider received 132,408 and left with 379,795 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 3858323200 and an Enterprise Value of 5058354688. As of this moment, DigitalOcean’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.24, and their Forward P/E ratio for the next fiscal year is 22.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.10. Its current Enterprise Value per Revenue stands at 6.686 whereas that against EBITDA is 22.092.

Stock Price History:

The Beta on a monthly basis for DOCN is 1.82, which has changed by 0.21160507 over the last 52 weeks, in comparison to a change of 0.23095727 over the same period for the S&P500. Over the past 52 weeks, DOCN has reached a high of $44.80, while it has fallen to a 52-week low of $26.63. The 50-Day Moving Average of the stock is 12.23%, while the 200-Day Moving Average is calculated to be 13.59%.

Shares Statistics:

It appears that DOCN traded 955.37K shares on average per day over the past three months and 1242830 shares per day over the past ten days. A total of 92.40M shares are outstanding, with a floating share count of 62.19M. Insiders hold about 32.61% of the company’s shares, while institutions hold 59.67% stake in the company. Shares short for DOCN as of 1736899200 were 6441703 with a Short Ratio of 6.74, compared to 1734048000 on 5950269. Therefore, it implies a Short% of Shares Outstanding of 6441703 and a Short% of Float of 9.75.

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