DocuSign Inc (DOCU) concluded trading on 01/11/24 at a closing price of $61.35, with 10.32 million shares of worth about $633.13 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 13.76% during that period and on Thursday the price saw a gain of about 9.34%. Currently the company’s common shares owned by public are about 201.90M shares, out of which, 201.59M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 26 analysts are covering the DOCU stock and their offered price forecasts bring an average price target of $59.49. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $90.00 and could fall to a lowest price of $44.00. The stock’s current price level is -3.13% below of average price target set by the analysts, while a dip to estimated low would result in loss of -39.43% for the stock. However, touching the estimated high of $90.00 would mean a gain of 31.83% for the stock.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 93 times over the past 12 months. They bought 1,322,675 shares in 51 of the transactions. In 42 selling transactions, insiders dumped 1,714,827 shares.
DocuSign Inc (NASDAQ: DOCU) started trading at $56.08, below -$0.03 from concluding price of the previous day. Stock saw a price change of 11.61% in past 5 days and over the past one month there was a price change of 14.20%. Year-to-date (YTD), DOCU shares are showing a performance of 3.20% which increased to 5.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $38.11 but also hit the highest price of $69.45 during that period. The average intraday trading volume for DocuSign Inc shares is 4.16 million. The stock is currently trading 5.28% above its 20-day simple moving average (SMA20), while that difference is up 24.77% for SMA50 and it goes to 23.47% higher than SMA200.
DocuSign Inc (NASDAQ: DOCU) currently have 201.90M outstanding shares and institutions hold larger chunk of about 75.11% of that.
The stock has a current market capitalization of $12.51B and its 3Y-monthly beta is at 0.93. PE ratio of stock for trailing 12 months is 245.69, while it has posted earnings per share of $0.25 in the same period. Its PEG reads 12.28 and has Quick Ratio of 0.93 while making debt-to-equity ratio of 0.87. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DOCU, volatility over the week remained 4.85% while standing at 4.00% over the month.
Analysts are in expectations that DocuSign Inc (DOCU) stock would likely to be making an EPS of $0.64 in the current quarter, while forecast for next quarter EPS is $0.67 and it is $2.87 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.51 which is $0.71 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.65 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 41.66% while it is estimated to increase by 0.40% in next year. EPS is likely to grow at an annualized rate of 20.00% for next 5-years, compared to annual growth of -7.59% made by the stock over the past 5-years.
Analysts at 26 brokerage firms have issued recommendations for the DocuSign Inc (DOCU)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.81. Out of those 26 Wall Street analysts, 5 recommended a “Buy” rating, while 14 were in favor recommending the stock as a “Hold” and 4 analyst recommended the stock as “Sell”.
