DocuSign Inc (NASDAQ: DOCU) kicked off on Friday, down -2.25% from the previous trading day, before settling in for the closing price of $70.58. Over the past 52 weeks, DOCU has traded in a range of $38.11-$73.80.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 32.47%. While this was happening, its average annual earnings per share was recorded 16.96%. With a float of $200.93 million, this company’s outstanding shares have now reached $205.33 million.
Considering the fact that the conglomerate employs 6840 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 78.97%, operating margin of 4.89%, and the pretax margin is 6.09%.
DocuSign Inc (DOCU) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of DocuSign Inc is 1.01%, while institutional ownership is 80.25%. The most recent insider transaction that took place on Oct 15 ’24, was worth 657,193. In this transaction Chief Financial Officer of this company sold 9,552 shares at a rate of $68.80, taking the stock ownership to the 78,265 shares. Before that another transaction happened on Oct 15 ’24, when Company’s Officer proposed sale 9,552 for $68.81, making the entire transaction worth $657,233.
DocuSign Inc (DOCU) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported 0.79 earnings per share (EPS), higher than consensus estimate (set at 0.63) by 0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.83 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.96% per share during the next fiscal year.
DocuSign Inc (NASDAQ: DOCU) Trading Performance Indicators
Take a look at DocuSign Inc’s (DOCU) current performance indicators. Last quarter, stock had a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.90. Likewise, its price to free cash flow for the trailing twelve months is 15.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.74, a number that is poised to hit 0.87 in the next quarter and is forecasted to reach 3.70 in one year’s time.
Technical Analysis of DocuSign Inc (DOCU)
Compared to the last year’s volume of 2.93 million, its volume of 3.01 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 31.10%. Additionally, its Average True Range was 1.85.
During the past 100 days, DocuSign Inc’s (DOCU) raw stochastic average was set at 80.84%, which indicates a significant increase from 35.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.27% in the past 14 days, which was higher than the 32.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $61.82, while its 200-day Moving Average is $57.45. Nevertheless, the first resistance level for the watch stands at $70.42 in the near term. At $71.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $72.74. If the price goes on to break the first support level at $68.10, it is likely to go to the next support level at $67.21. Should the price break the second support level, the third support level stands at $65.78.
DocuSign Inc (NASDAQ: DOCU) Key Stats
The company with the Market Capitalisation of 14.00 billion has total of 204,716K Shares Outstanding. Its annual sales at the moment are 2,762 M in contrast with the sum of 73,980 K annual income. Company’s last quarter sales were recorded 736,030 K and last quarter income was 888,210 K.
