In the last trading session, 3.79 million shares of the DocuSign Inc (NASDAQ:DOCU) were traded, and its beta was 1.13. Most recently the company’s share price was $75.68, and it changed around $1.62 or 2.19% from the last close, which brings the market valuation of the company to $15.29B. DOCU currently trades at a discount to its 52-week high of $107.86, offering almost -42.52% off that amount. The share price’s 52-week low was $48.80, which indicates that the current value has risen by an impressive 35.52% since then. We note from DocuSign Inc’s average daily trading volume that its 10-day average is 6.71 million shares, with the 3-month average coming to 2.97 million.
DocuSign Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.58. If we narrow it down even further, the data shows that 1 out of 23 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 17 recommended DOCU as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. DocuSign Inc is expected to report earnings per share of 0.85 for the current quarter.
DocuSign Inc (NASDAQ:DOCU) trade information
Instantly DOCU has showed a green trend with a performance of 2.19% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 78.54 on recent trading dayincreased the stock’s daily price by 3.64%. The company’s shares are currently down -15.86% year-to-date, but still down -3.69% over the last five days. On the other hand, DocuSign Inc (NASDAQ:DOCU) is -16.42% down in the 30-day period. We can see from the shorts that 6.9 million shares have been sold at a short interest cover period of 3.78 day(s).
The consensus price target as assigned by Wall Street analysts is $93, which translates to bulls needing to increase their stock price by 18.62% from its current value. Analyst projections state that DOCU is forecast to be at a low of $93 and a high of $93.
DocuSign Inc (DOCU) estimates and forecasts
The year-over-year growth rate is expected to be 6.17%, up from the previous year.
Consensus estimates provided by 18 financial analysts predict the company will bring in an average of 780.69M in revenue for the current quarter. 18 analysts expect DocuSign Inc to make 797.65M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 736.03M and 754.82M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 6.07%. Forecasts for the next quarter put sales growth at 5.67%.
DocuSign Inc earnings are expected to increase by 0.73% in 2025, but the outlook is positive 7.52% per year for the next five years.
DOCU Dividends
DocuSign Inc’s next quarterly earnings report is expected to be released on 2025-Jun-04.
DocuSign Inc (NASDAQ:DOCU)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.95% of DocuSign Inc shares, and 87.12% of them are in the hands of institutional investors. The stock currently has a share float of 87.96%. DocuSign Inc stock is held by 1148.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 10.5545% of the shares, which is about 21.59 million shares worth $1.16 billion.
BLACKROCK INC., with 7.1314% or 14.59 million shares worth $780.63 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
