DocuSign Earnings Estimate
| DOCU Stock | USD 58.06 0.32 0.55% |
DocuSign |
DocuSign Earnings Estimation Breakdown
The calculation of DocuSign's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of DocuSign is estimated to be 0.79 with the future projection ranging from a low of 0.73 to a high of 0.84. Please be aware that this consensus of annual earnings estimates for DocuSign is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.73 Lowest | Expected EPS | 0.84 Highest |
DocuSign Earnings Projection Consensus
Suppose the current estimates of DocuSign's value are higher than the current market price of the DocuSign stock. In this case, investors may conclude that DocuSign is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and DocuSign's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of April 2024 | Current EPS (TTM) | |
| 8 | 83.35% | 0.76 | 0.79 | 0.36 |
DocuSign Earnings per Share Projection vs Actual
Actual Earning per Share of DocuSign refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering DocuSign predict the company's earnings will be in the future. The higher the earnings per share of DocuSign, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.DocuSign Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as DocuSign, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of DocuSign should always be considered in relation to other companies to make a more educated investment decision.DocuSign Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact DocuSign's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-03-07 | 2024-01-31 | 0.64 | 0.76 | 0.12 | 18 | ||
2023-12-07 | 2023-10-31 | 0.63 | 0.79 | 0.16 | 25 | ||
2023-09-07 | 2023-07-31 | 0.66 | 0.72 | 0.06 | 9 | ||
2023-06-08 | 2023-04-30 | 0.56 | 0.72 | 0.16 | 28 | ||
2023-03-09 | 2023-01-31 | 0.52 | 0.65 | 0.13 | 25 | ||
2022-12-08 | 2022-10-31 | 0.42 | 0.57 | 0.15 | 35 | ||
2022-09-08 | 2022-07-31 | 0.42 | 0.44 | 0.02 | 4 | ||
2022-06-09 | 2022-04-30 | 0.46 | 0.38 | -0.08 | 17 | ||
2022-03-10 | 2022-01-31 | 0.47 | 0.48 | 0.01 | 2 | ||
2021-12-02 | 2021-10-31 | 0.46 | 0.58 | 0.12 | 26 | ||
2021-09-02 | 2021-07-31 | 0.4 | 0.47 | 0.07 | 17 | ||
2021-06-03 | 2021-04-30 | 0.28 | 0.44 | 0.16 | 57 | ||
2021-03-11 | 2021-01-31 | 0.22 | 0.37 | 0.15 | 68 | ||
2020-12-03 | 2020-10-31 | 0.13 | 0.22 | 0.09 | 69 | ||
2020-09-03 | 2020-07-31 | 0.08 | 0.17 | 0.09 | 112 | ||
2020-06-04 | 2020-04-30 | 0.1 | 0.12 | 0.02 | 20 | ||
2020-03-12 | 2020-01-31 | 0.05 | 0.12 | 0.07 | 140 | ||
2019-12-05 | 2019-10-31 | 0.03 | 0.11 | 0.08 | 266 | ||
2019-09-05 | 2019-07-31 | 0.04 | 0.01 | -0.03 | 75 | ||
2019-06-06 | 2019-04-30 | 0.05 | 0.07 | 0.02 | 40 | ||
2019-03-14 | 2019-01-31 | 0.01 | 0.06 | 0.05 | 500 | ||
2018-12-06 | 2018-10-31 | -0.02 | -0.11 | -0.09 | 450 | ||
2018-09-05 | 2018-07-31 | 0.01 | 0.03 | 0.02 | 200 | ||
2018-06-07 | 2018-04-30 | -0.07 | 0.01 | 0.08 | 114 |
About DocuSign Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of DocuSign earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current DocuSign estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as DocuSign fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | -1.7 B | -1.8 B | |
| Retained Earnings Total Equity | -1.4 B | -1.5 B | |
| Earnings Yield | 0.01 | 0.01 | |
| Price Earnings Ratio | 168.04 | 176.45 | |
| Price Earnings To Growth Ratio | (0.97) | (1.02) |
DocuSign Investors Sentiment
The influence of DocuSign's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in DocuSign. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to DocuSign's public news can be used to forecast risks associated with an investment in DocuSign. The trend in average sentiment can be used to explain how an investor holding DocuSign can time the market purely based on public headlines and social activities around DocuSign. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
DocuSign's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for DocuSign's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average DocuSign's news discussions. The higher the estimated score, the more favorable is the investor's outlook on DocuSign.
DocuSign Implied Volatility | 84.9 |
DocuSign's implied volatility exposes the market's sentiment of DocuSign stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if DocuSign's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that DocuSign stock will not fluctuate a lot when DocuSign's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DocuSign in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DocuSign's short interest history, or implied volatility extrapolated from DocuSign options trading.
Pair Trading with DocuSign
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DocuSign position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DocuSign will appreciate offsetting losses from the drop in the long position's value.Moving against DocuSign Stock
| 0.59 | VCSA | Vacasa Inc Financial Report 14th of May 2024 | PairCorr |
| 0.53 | DOMO | Domo Inc Financial Report 23rd of May 2024 | PairCorr |
| 0.51 | ZI | ZoomInfo Technologies Financial Report 6th of May 2024 | PairCorr |
| 0.44 | AI | C3 Ai Inc Financial Report 29th of May 2024 | PairCorr |
The ability to find closely correlated positions to DocuSign could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DocuSign when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DocuSign - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DocuSign to buy it.
The correlation of DocuSign is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DocuSign moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DocuSign moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DocuSign can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DocuSign. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy DocuSign Stock please use our How to Invest in DocuSign guide.Note that the DocuSign information on this page should be used as a complementary analysis to other DocuSign's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for DocuSign Stock analysis
When running DocuSign's price analysis, check to measure DocuSign's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DocuSign is operating at the current time. Most of DocuSign's value examination focuses on studying past and present price action to predict the probability of DocuSign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DocuSign's price. Additionally, you may evaluate how the addition of DocuSign to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |
Is DocuSign's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DocuSign. If investors know DocuSign will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DocuSign listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.985 | Earnings Share 0.36 | Revenue Per Share 13.534 | Quarterly Revenue Growth 0.08 | Return On Assets 0.0131 |
The market value of DocuSign is measured differently than its book value, which is the value of DocuSign that is recorded on the company's balance sheet. Investors also form their own opinion of DocuSign's value that differs from its market value or its book value, called intrinsic value, which is DocuSign's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DocuSign's market value can be influenced by many factors that don't directly affect DocuSign's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DocuSign's value and its price as these two are different measures arrived at by different means. Investors typically determine if DocuSign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DocuSign's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.