Docusign Stock Today

DOCU Stock  USD 59.45  0.03  0.05%   

Performance

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Odds Of Distress

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DocuSign is selling for under 59.45 as of the 12th of April 2024; that is -0.05 percent down since the beginning of the trading day. The stock's last reported lowest price was 59.45. DocuSign has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for DocuSign are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of March 2024 and ending today, the 12th of April 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
27th of April 2018
Category
Technology
Classification
Information Technology
DocuSign, Inc. provides electronic signature software in the United States and internationally. The company was incorporated in 2003 and is headquartered in San Francisco, California. Docusign operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 205.42 M outstanding shares of which 8.38 M shares are currently shorted by private and institutional investors with about 1.78 trading days to cover. More on DocuSign

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DocuSign Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. DocuSign's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding DocuSign or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEODaniel Springer
Thematic IdeaBusiness Services (View all Themes)
Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ Composite, Business Services, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering DocuSign report their recommendations after researching DocuSign's financial statements, talking to executives and customers, or listening in on DocuSign's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering DocuSign. The DocuSign consensus assessment is calculated by taking the average forecast from all of the analysts covering DocuSign.
Financial Strength
Based on the analysis of DocuSign's profitability, liquidity, and operating efficiency, DocuSign is performing exceptionally good at the present time. It has a great chance to report excellent financial results in May. Financial strength of DocuSign is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.560.9295
Way Down
Slightly volatile
Gross Profit Margin0.60.7927
Way Down
Pretty Stable
Total Current LiabilitiesB1.7 B
Way Down
Slightly volatile
Non Current Liabilities Total171.9 M180.9 M
Notably Down
Pretty Stable
Total AssetsBB
Way Down
Slightly volatile
Total Current Assets1.1 B1.6 B
Way Down
Slightly volatile
DocuSign's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to DocuSign's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand DocuSign's financial leverage. It provides some insight into what part of DocuSign's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on DocuSign's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how DocuSign deploys its capital and how much of that capital is borrowed.
Liquidity
DocuSign cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 143.05 M in liabilities with Debt to Equity (D/E) ratio of 2.1, implying the company greatly relies on financing operations through barrowing. DocuSign has a current ratio of 0.99, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist DocuSign until it has trouble settling it off, either with new capital or with free cash flow. So, DocuSign's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DocuSign sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DocuSign to invest in growth at high rates of return. When we think about DocuSign's use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

408.16 Million
DocuSign (DOCU) is traded on NASDAQ Exchange in USA. It is located in 221 Main Street, San Francisco, CA, United States, 94105 and employs 6,840 people. DocuSign is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 12.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DocuSign's market, we take the total number of its shares issued and multiply it by DocuSign's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. DocuSign conducts business under Software sector and is part of Information Technology industry. The entity has 205.42 M outstanding shares of which 8.38 M shares are currently shorted by private and institutional investors with about 1.78 trading days to cover. DocuSign currently holds about 994.72 M in cash with 1 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.95.
Check DocuSign Probability Of Bankruptcy
Ownership Allocation
DocuSign retains a total of 205.42 Million outstanding shares. The majority of DocuSign outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in DocuSign to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in DocuSign. Please pay attention to any change in the institutional holdings of DocuSign as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check DocuSign Ownership Details

DocuSign Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of DocuSign jumping above the current price in 90 days from now is about 27.27%. The DocuSign probability density function shows the probability of DocuSign stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1265 suggesting DocuSign market returns are related to returns on the market. As the market goes up or down, DocuSign is expected to follow. Additionally, docuSign has an alpha of 0.0264, implying that it can generate a 0.0264 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 59.45HorizonTargetOdds Above 59.45
72.58%90 days
 59.45 
27.27%
Based on a normal probability distribution, the odds of DocuSign to move above the current price in 90 days from now is about 27.27 (This DocuSign probability density function shows the probability of DocuSign Stock to fall within a particular range of prices over 90 days) .

DocuSign Stock Institutional Holders

Institutional Holdings refers to the ownership stake in DocuSign that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of DocuSign's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing DocuSign's value.
InstituionRecorded OnShares
Aqr Capital Management Llc2023-12-31
3.3 M
Geode Capital Management, Llc2023-12-31
3.2 M
Two Sigma Investments Llc2023-12-31
2.9 M
Capital Research & Mgmt Co - Division 32023-12-31
2.7 M
Clearbridge Advisors, Llc2023-12-31
2.6 M
Renaissance Technologies Corp2023-12-31
2.5 M
D. E. Shaw & Co Lp2023-09-30
2.4 M
Jpmorgan Chase & Co2023-12-31
2.4 M
Norges Bank2023-12-31
2.3 M
Vanguard Group Inc2023-12-31
21.4 M
Blackrock Inc2023-12-31
13.3 M
View DocuSign Diagnostics

DocuSign Historical Income Statement

DocuSign Income Statement is one of the three primary financial statements used for reporting DocuSign's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of DocuSign revenue and expense. DocuSign Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, DocuSign's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income is likely to gain to about 77.7 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 746.3 M in 2024. View More Fundamentals

DocuSign Stock Against Markets

Picking the right benchmark for DocuSign stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in DocuSign stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for DocuSign is critical whether you are bullish or bearish towards DocuSign at a given time. Please also check how DocuSign's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in DocuSign without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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DocuSign Corporate Directors

DocuSign corporate directors refer to members of a DocuSign board of directors. The board of directors generally takes responsibility for the DocuSign's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of DocuSign's board members must vote for the resolution. The DocuSign board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Cynthia GaylorIndependent DirectorProfile
Mary WilderotterIndependent DirectorProfile
Blake IrvingIndependent DirectorProfile
Tom GonserFounder, DirectorProfile

How to buy DocuSign Stock?

Before investing in DocuSign, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in DocuSign. To buy DocuSign stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of DocuSign. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase DocuSign stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located DocuSign stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased DocuSign stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as DocuSign, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy DocuSign Stock please use our How to Invest in DocuSign guide.

Already Invested in DocuSign?

The danger of trading DocuSign is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of DocuSign is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than DocuSign. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile DocuSign is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether DocuSign is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if DocuSign Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Docusign Stock. Highlighted below are key reports to facilitate an investment decision about Docusign Stock:
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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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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.