The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, DigitalOcean Holdings Inc (NYSE: DOCN) closed at $43.04 down -2.78% from its previous closing price of $44.27. In other words, the price has decreased by -$2.78 from its previous closing price. On the day, 1.43 million shares were traded.
Ratios:
For a deeper understanding of DigitalOcean Holdings 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 9.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.18. 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:
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 Feb 19 ’25 when Saha Bratin sold 4,516 shares for $46.08 per share. The transaction valued at 208,097 led to the insider holds 365,729 shares of the business.
D’Angelo Lawrence M. sold 10,551 shares of DOCN for $474,795 on Feb 18 ’25. The Chief Revenue Officer now owns 135,840 shares after completing the transaction at $45.00 per share. On Feb 19 ’25, another insider, Saha Bratin, who serves as the Officer of the company, bought 4,516 shares for $46.08 each.
Valuation Measures:
As of this moment, DigitalOcean’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.69, and their Forward P/E ratio for the next fiscal year is 23.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.25.
Stock Price History:
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 10.81%, while the 200-Day Moving Average is calculated to be 14.54%.
Shares Statistics:
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 61.97% stake in the company.
