DocuSign Inc (NASDAQ: DOCU) is -1.83% lower on its value in year-to-date trading and has touched a low of $48.70 and a high of $107.86 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DOCU stock was last observed hovering at around $87.92 in the last trading session, with the day’s gains setting it 0.37%.
Currently trading at $88.29, the stock is -4.89% and -4.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing 0.42% at the moment leaves the stock 28.69% off its SMA200. DOCU registered 72.51% gain for a year compared to 6-month gain of 69.72%. The firm has a 50-day simple moving average (SMA 50) of $92.0796 and a 200-day simple moving average (SMA200) of $68.453.
The stock witnessed a -1.92% loss in the last 1 month and extending the period to 3 months gives it a 11.22%, and is -8.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.68% over the week and 4.01% over the month.
DocuSign Inc (DOCU) has around 6840 employees, a market worth around $17.84B and $2.91B in sales. Current P/E ratio is 18.19 and Fwd P/E is 23.78. Profit margin for the company is 34.73%. Distance from 52-week low is 81.29% and -18.14% from its 52-week high. The company has generated returns on investments over the last 12 months (48.16%).
with sales reaching $760.94M over the same period.The EPS is expected to grow by 18.53% this year, but quarterly earnings will post 7.22% year-over-year. Quarterly sales are estimated to grow 6.82% in year-over-year returns.
The shares outstanding are 202.00M, and float is at 199.90M with Short Float at 4.17%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 21.59 million shares valued at $1.16 billion. The investor’s holdings represent 10.4896 of the DOCU Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 14.59 million shares valued at $780.63 million to account for 7.0876 of the shares outstanding. The other top investors are STATE STREET CORP which holds 5.25 million shares representing 2.5512 and valued at over $280.99 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 2.3056 of the shares totaling 4.75 million with a market value of $253.94 million.
DocuSign Inc (DOCU) Insider Activity
The most recent transaction is an insider sale by Salem Enrique T, the company’s Director. SEC filings show that Salem Enrique T sold 10,000 shares of the company’s common stock on Jan 10 ’25 at a price of $91.56 per share for a total of $0.92 million. Following the sale, the insider now owns 0.16 million shares.
DocuSign Inc disclosed in a document filed with the SEC on Jan 10 ’25 that Solvik Peter (Director) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Jan 10 ’25 and was made at $91.26 per share for $0.91 million. Following the transaction, the insider now directly holds 0.15 million shares of the DOCU stock.
Still, SEC filings show that on Jan 10 ’25, Solvik Peter (Director) Proposed Sale 10,000 shares at an average price of $91.09 for $0.91 million. The insider now directly holds shares of DocuSign Inc (DOCU).
