DocuSign Inc (DOCU) concluded trading on Thursday at a closing price of $53.56, with 7.26 million shares of worth about $388.69 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.48% during that period and on Thursday the price saw a gain of about 2.08%. Currently the company’s common shares owned by public are about 201.90M shares, out of which, 201.87M shares are available for trading.
Stock saw a price change of 0.54% in past 5 days and over the past one month there was a price change of 2.66%. Year-to-date (YTD), DOCU shares are showing a performance of -9.91% which decreased to -17.50% 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 $66.98 during that period. The average intraday trading volume for DocuSign Inc shares is 4.84 million. The stock is currently trading 3.72% above its 20-day simple moving average (SMA20), while that difference is down -4.92% for SMA50 and it goes to 6.41% higher than SMA200.
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DocuSign Inc (NASDAQ: DOCU) currently have 201.90M outstanding shares and institutions hold larger chunk of about 78.93% of that.
The stock has a current market capitalization of $10.92B and its 3Y-monthly beta is at 0.87. PE ratio of stock for trailing 12 months is 214.50, while it has posted earnings per share of $0.25 in the same period. Its PEG reads 10.72 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 3.27% while standing at 2.73% 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 $0.68 and it is $2.9 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 drop by -2.36% while it is estimated to increase by 10.02% 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.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on January 16, 2024 offering an Equal-weight rating for the stock and assigned a target price range of between $49 and $64 to it. On December 15, 2023, Daiwa Securities Downgrade their recommendations, while on September 27, 2023, HSBC Securities Upgrade their ratings for the stock with a price target of $42. Stock get a Reduce rating from HSBC Securities on September 15, 2023.
