DocuSign, Inc. (DOCU) Reveals an Earnings Mystery

DocuSign, Inc. (NASDAQ:DOCU) went up by 2.53% from its latest closing price compared to the recent 1-year high of $290.23. The company’s stock price has collected -6.15% of loss in the last five trading sessions. The Wall Street Journal reported on 09/11/20 that Volatility Teaches New Investors That Stocks Go Down, Too

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Is It Worth Investing in DocuSign, Inc. (NASDAQ :DOCU) Right Now?

DocuSign, Inc. (NASDAQ:DOCU) scored a price-to-earnings ratio above its average ratio, recording 21.77 x from its present earnings ratio. Opinions of the stock are interesting as 9 analysts out of 18 who provided ratings for DocuSign, Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 8 rated it as “hold,” and 1 as “sell.”

The average price from analysts is $250.26, which is $47.31 above the current price. DOCU currently public float of 172.65M and currently shorts hold a 4.54% ratio of that float. Today, the average trading volume of DOCU was 6.39M shares.

DOCU’s Market Performance

DOCU stocks went down by -6.15% for the week, with a monthly jump of 1.79% and a quarterly performance of 24.75%, while its annual performance rate touched 224.77%. The volatility ratio for the week stands at 5.93% while the volatility levels for the past 30 days are set at 6.40% for DocuSign, Inc.. The simple moving average for the period of the last 20 days is -6.48% for DOCU stocks with a simple moving average of 60.54% for the last 200 days.

Analysts’ Opinion of DOCU

Many brokerage firms have already submitted their reports for DOCU stocks, with Deutsche Bank repeating the rating for DOCU by listing it as a “Hold.” The predicted price for DOCU in the upcoming period, according to Deutsche Bank is $225 based on the research report published on September 4th of the current year 2020.

RBC Capital Mkts, on the other hand, stated in their research note that they expect to see DOCU reach a price target of $210, previously predicting the value of $170. The rating they have provided for DOCU stocks is “Outperform” according to the report published on July 2nd, 2020.

Oppenheimer gave a rating of “Outperform” to DOCU, setting the target price at $200 in the report published on June 25th of the current year.

DOCU Trading at -2.70% from the 50-Day Moving Average

After a stumble in the market that brought DOCU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.07% of loss for the given period.

Volatility was left at 6.40%, however, over the last 30 days, the volatility rate increased by 5.93%, as shares surge +1.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.26% upper at present.

During the last 5 trading sessions, DOCU fell by -6.15%, which changed the moving average for the period of 200-days by +180.67% in comparison to the 20-day moving average, which settled at $217.18. In addition, DocuSign, Inc. saw 173.85% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at DOCU starting from OLRICH SCOTT V., who sold 5,800 shares at the price of $211.06 back on Sep 09. After this action, OLRICH SCOTT V. now owns 388,517 shares of DocuSign, Inc., valued at $1,224,170 using the latest closing price.

OLRICH SCOTT V., the Chief Operating Officer of DocuSign, Inc., sold 5,800 shares at $193.08 during a trade that took place back on Aug 12, which means that OLRICH SCOTT V. is holding 394,317 shares at $1,119,873 based on the most recent closing price.

Stock Fundamentals for DOCU

Current profitability levels for the company are sitting at:

  • -19.87 for the present operating margin
  • +73.79 for the gross margin

The net margin for DocuSign, Inc. stands at -21.39. The total capital return value is set at -17.20, while invested capital returns managed to touch -18.69. Equity return is now at value -38.60, with -10.80 for asset returns.

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Based on DocuSign, Inc. (DOCU), the company’s capital structure generated 118.70 points at debt to equity in total, while total debt to capital is 54.27. Total debt to assets is 34.29, with long-term debt to equity ratio resting at -6.61. Finally, the long-term debt to capital ratio is 114.90.

When we switch over and look at the enterprise to sales, we see a ratio of 14.24, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 4.47 and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.

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