DocuSign Inc [DOCU] stock prices are down -4.42% to $102.26 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DOCU shares have gain 27.41% over the last week, with a monthly amount glided 33.73%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
DocuSign Inc [NASDAQ: DOCU] stock has seen the most recent analyst activity on December 06, 2024, when HSBC Securities downgraded its rating to a Reduce. Previously, UBS upgraded its rating to Neutral on April 12, 2024, and elevated its price target to $62. On January 16, 2024, upgrade upgraded it’s rating to Equal-Weight and revised its price target to $64 on the stock. Wells Fargo downgraded its rating to a Underweight. Daiwa Securities downgraded its rating to a Outperform but $60 remained the price target by the analyst firm on December 15, 2023. HSBC Securities upgraded its rating to Hold for this stock on September 27, 2023, but kept the price target unchanged to $42. In a note dated September 15, 2023, HSBC Securities initiated an Reduce rating and provided a target price of $42 on this stock.
The stock price of DocuSign Inc [DOCU] has been fluctuating between $44.34 and $107.86 over the past year. Currently, Wall Street analysts expect the stock to reach $68.67 within the next 12 months. DocuSign Inc [NASDAQ: DOCU] shares were valued at $102.26 at the most recent close of the market. An investor can expect a potential drop of -32.85% based on the average DOCU price forecast.
Analyzing the DOCU fundamentals
The DocuSign Inc [NASDAQ:DOCU] reported sales of 2.91B for trailing twelve months, representing a surge of 7.77%. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.35%. To continue investigating profitability, this company’s Return on Assets is posted at 0.27, Equity is 0.65 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 100.92 points at the first support level, and at 99.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 104.82, and for the 2nd resistance point, it is at 107.39.
Ratios To Look Out For
It’s worth pointing out that DocuSign Inc [NASDAQ:DOCU]’s Current Ratio is 0.83. As well, the Quick Ratio is 0.83, while the Cash Ratio is 0.38. Considering the valuation of this stock, the price to sales ratio is 9.11, the price to book ratio is 10.38 and price to earnings (TTM) ratio is 21.06.
Transactions by insiders
Recent insider trading involved Thygesen Allan C., President and CEO, that happened on Dec 02 ’24 when 7763.0 shares were sold. Officer, ALLAN THYGESEN completed a deal on Dec 02 ’24 to buy 7763.0 shares. Meanwhile, President and CEO Thygesen Allan C. sold 7764.0 shares on Nov 01 ’24.
