DocuSign Inc [DOCU] stock prices are up 1.39% to $91.34 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 3.49% over the last week, with a monthly amount drifted -3.36%, and not seem to be holding up well over a long-time horizon.
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 $48.70 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 $91.34 at the most recent close of the market. An investor can expect a potential drop of -24.82% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
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 89.89 points at the first support level, and at 88.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 92.60, and for the 2nd resistance point, it is at 93.85.
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 6.33, the price to book ratio is 9.27 and price to earnings (TTM) ratio is 18.82.
Transactions by insiders
Recent insider trading involved Salem Enrique T, Director, that happened on Jan 10 ’25 when 10000.0 shares were sold. Director, Solvik Peter completed a deal on Jan 10 ’25 to sell 10000.0 shares. Meanwhile, Director Solvik Peter bought 10000.0 shares on Jan 10 ’25.
