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As of close of business last night, DocuSign Inc’s stock clocked out at $69.22, down -0.04% from its previous closing price of $69.25. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 33.21 million shares were traded. DOCU stock price reached its highest trading level at $69.54 during the session, while it also had its lowest trading level at $68.15.
Ratios:
To gain a deeper understanding of DOCU’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 14.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.29. 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:
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 Oct 09 ’24 when Shaughnessy James P sold 7,500 shares for $67.83 per share. The transaction valued at 508,703 led to the insider holds 43,301 shares of the business.
JAMES P SHAUGHNESSY bought 7,500 shares of DOCU for $508,691 on Oct 09 ’24. On Oct 01 ’24, another insider, Thygesen Allan C., who serves as the President and CEO of the company, sold 7,648 shares for $62.47 each. As a result, the insider received 477,746 and left with 115,589 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 14049790976 and an Enterprise Value of 13251307520. As of this moment, DocuSign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.60, and their Forward P/E ratio for the next fiscal year is 18.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.92 while its Price-to-Book (P/B) ratio in mrq is 7.14. Its current Enterprise Value per Revenue stands at 4.636 whereas that against EBITDA is 69.463.
Stock Price History:
Over the past 52 weeks, DOCU has reached a high of $69.36, while it has fallen to a 52-week low of $38.11. The 50-Day Moving Average of the stock is 19.66%, while the 200-Day Moving Average is calculated to be 22.06%.
Shares Statistics:
It appears that DOCU traded 2.37M shares on average per day over the past three months and 6972560 shares per day over the past ten days. A total of 205.33M shares are outstanding, with a floating share count of 200.91M. Insiders hold about 1.02% of the company’s shares, while institutions hold 80.40% stake in the company. Shares short for DOCU as of 1727654400 were 9452901 with a Short Ratio of 3.99, compared to 1724976000 on 8552264. Therefore, it implies a Short% of Shares Outstanding of 9452901 and a Short% of Float of 5.2600004.
