DocuSign Inc (NASDAQ: DOCU) is -6.65% 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 $86.20 in the last trading session, with the day’s loss setting it -2.24%.
Currently trading at $83.96, the stock is -8.29% and -9.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.97 million and changing -2.60% at the moment leaves the stock 20.85% off its SMA200. DOCU registered 67.99% gain for a year compared to 6-month gain of 47.63%.
The stock witnessed a -8.50% loss in the last 1 month and extending the period to 3 months gives it a 7.13%, and is -5.27% 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 2.57% over the week and 3.78% over the month.
DocuSign Inc (DOCU) has around 6840 employees, a market worth around $16.96B and $2.91B in sales. Current P/E ratio is 17.29 and Fwd P/E is 22.61. Profit margin for the company is 34.73%. Distance from 52-week low is 72.40% and -22.16% 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.
DocuSign Inc (DOCU) Top Institutional Holders
The shares outstanding are 202.00M, and float is at 199.93M 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 2.567% and valued at over $280.99 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 2.3199 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 GRAYSON BLAKE JEFFREY,the company’sChief Financial Officer. SEC filings show that GRAYSON BLAKE JEFFREY sold 8,000 shares of the company’s common stock on Feb 14 ’25 at a price of $86.90 per share for a total of $0.7 million. Following the sale, the insider now owns 77851.0 shares.
Still, SEC filings show that on Jan 10 ’25, Salem Enrique T (Director) disposed off 10,000 shares at an average price of $91.56 for $0.92 million. The insider now directly holds 162,265 shares of DocuSign Inc (DOCU).
