DocuSign (DOCU) Stock Price, News & Analysis

Company Overview

DocuSign, Inc. provides electronic signature solution in the United States and internationally. The company provides e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; Document Generation streamlines the process of generating new, custom agreements; and Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce. It also provides Identify, a signer-identification option for checking government-issued IDs; Standards-Based Signatures, which support signatures that involve digital certificates; Monitor that uses advanced analytics to track DocuSign eSignature web, mobile, and API account; Notary which enables notaries public to conduct remote online notarization transactions; and Web Forms, a web forms that quickly draft agreements using pre-populated data from completed forms or external systems via APIs. In addition, the company offers Rooms for Real Estate that provides a way for brokers and agents to manage the entire real estate transaction digitally. Signature and CLM are FedRAMP, an authorized version of DocuSign eSignature for U.S. federal government agencies; and life sciences modules that support compliance with the electronic signature practices. The company sells its products through direct and partner-assisted sales, and digital self-service purchasing. DocuSign, Inc. was incorporated in 2003 and is headquartered in San Francisco, California.

Key Stats

• Today's Range: $92.22 to $96.14
• 50-Day Range: $68.86 to $106.99
• 52-Week Range: $48.70 to $107.86
• Volume: 12.48 million shs
• Average Volume: 3.05 million shs
• Market Capitalization: $19.07 billion
• P/E Ratio: 19.47
• Dividend Yield: N/A
• Price Target: $92.45
• Consensus Rating: Hold

DocuSign Stock Analysis - MarketRank™

DocuSign scored higher than 87% of companies evaluated by MarketBeat, and ranked 125th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

DocuSign has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 7 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

DocuSign has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 13.91%

Earnings Growth

Earnings for DocuSign are expected to grow by 13.91% in the coming year, from $1.15 to $1.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of DocuSign is 19.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of DocuSign is 19.47, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 238.08.

Price to Earnings Growth Ratio

DocuSign has a PEG Ratio of 8.72. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

DocuSign has a P/B Ratio of 9.58. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.81% of the outstanding shares of DocuSign have been sold short.

Short Interest Ratio / Days to Cover

DocuSign has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in DocuSign has recently decreased by 13.56%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

DocuSign does not currently pay a dividend.

Dividend Growth

DocuSign does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.5 / 5
• Environmental Score: -0.68

Percentage of Shares Shorted

5.81% of the outstanding shares of DocuSign have been sold short.

Short Interest Ratio / Days to Cover

DocuSign has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in DocuSign has recently decreased by 13.56%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.55

News Sentiment

DocuSign has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 19 news articles for DocuSign this week, compared to 13 articles on an average week.

Search Interest

50 people have searched for DOCU on MarketBeat in the last 30 days. This is an increase of 127% compared to the previous 30 days.

MarketBeat Follows

20 people have added DocuSign to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, DocuSign insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $63,029,016.00 in company stock.

Percentage Held by Insiders

Only 1.66% of the stock of DocuSign is held by insiders.

Percentage Held by Institutions

77.64% of the stock of DocuSign is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DOCU Stock Analysis - Frequently Asked Questions

How have DOCU shares performed this year?

DocuSign's stock was trading at $59.45 at the start of the year. Since then, DOCU shares have increased by 58.8% and is now trading at $94.41.
View the best growth stocks for 2024 here.

How were DocuSign's earnings last quarter?

DocuSign, Inc. (NASDAQ:DOCU) released its earnings results on Thursday, September, 5th. The company reported $0.97 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.17. DocuSign's quarterly revenue was up 7.0% compared to the same quarter last year.

When did DocuSign IPO?

DocuSign (DOCU) raised $542 million in an IPO on Friday, April 27th 2018. The company issued 21,700,000 shares at $24.00-$26.00 per share. Morgan Stanley and J.P. Morgan served as the underwriters for the IPO and Citigroup, BofA Merrill Lynch, Deutsche Bank Securities, JMP Securities, Pper Jaffray and William Blair were co-managers.

Who are DocuSign's major shareholders?

Top institutional shareholders of DocuSign include State Street Corp (2.65%), Geode Capital Management LLC (1.72%), Pacer Advisors Inc. (1.65%) and Thrivent Financial for Lutherans (1.12%). Insiders that own company stock include Daniel D Springer, Scott V Olrich, Enrique T Salem, Allan C Thygesen, Blake Jeffrey Grayson, Robert Chatwani, James P Shaughnessy, Teresa Briggs, Peter Solvik and Stephen Shute.
View institutional ownership trends.

How do I buy shares of DocuSign?

Shares of DOCU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of DocuSign own?

Based on aggregate information from My MarketBeat watchlists, some other companies that DocuSign investors own include Cuisine Solutions (CUSI), InnerScope Hearing Technologies (INND), Johnson & Johnson (JNJ), UnitedHealth Group (UNH), Gilead Sciences (GILD), Corning (GLW) and NextEra Energy (NEE).

Company Calendar

• Last Earnings: 9/05/2024
• Today: 12/22/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:DOCU
• CUSIP: N/A
• CIK: 1261333
• Web: www.docusign.com
• Phone: (415) 489-4940
• Fax: N/A
• Employees: 6,840
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $92.45
• High Stock Price Target: $124.00
• Low Stock Price Target: $68.00
• Potential Upside/Downside: -2.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.85
• Trailing P/E Ratio: 19.47
• Forward P/E Ratio: 82.10
• P/E Growth: 8.72
• Net Income: $73.98 million
• Net Margins: 34.73%
• Pretax Margin: 7.20%
• Return on Equity: 14.90%
• Return on Assets: 6.90%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.83
• Quick Ratio: 0.84

Sales & Book Value

• Annual Sales: $2.91 billion
• Price / Sales: 6.55
• Cash Flow: $2.15 per share
• Price / Cash Flow: 43.96
• Book Value: $9.85 per share
• Price / Book: 9.58

Miscellaneous

• Outstanding Shares: 202,023,000
• Free Float: 198,669,000
• Market Cap: $19.07 billion
• Optionable: Optionable
• Beta: 0.92