Is DocuSign Stock a Good Investment?
DocuSign Investment Advice | DOCU |
- Examine DocuSign's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research DocuSign's leadership team and their track record. Good management can help DocuSign navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact DocuSign's business and its evolving consumer preferences.
- Compare DocuSign's performance and market position to its competitors. Analyze how DocuSign is positioned in terms of product offerings, innovation, and market share.
- Check if DocuSign pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about DocuSign's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in DocuSign stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if DocuSign is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine DocuSign Stock
Researching DocuSign's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 82.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 0.56. DocuSign had not issued any dividends in recent years.
To determine if DocuSign is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding DocuSign's research are outlined below:
| DocuSign is unlikely to experience financial distress in the next 2 years | |
| DocuSign has a strong financial position based on the latest SEC filings | |
| Over 82.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: DocuSign Inc Shares Up 3.05 percent on Nov 25 |
DocuSign Quarterly Liabilities And Stockholders Equity |
|
DocuSign uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in DocuSign. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to DocuSign's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 13th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
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. Below are the table of largest EPS Surprises DocuSign's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-06-04 | 2020-04-30 | 0.1 | 0.12 | 0.02 | 20 | ||
2019-06-06 | 2019-04-30 | 0.05 | 0.07 | 0.02 | 40 | ||
2018-09-05 | 2018-07-31 | 0.01 | 0.03 | 0.02 | 200 | ||
2019-09-05 | 2019-07-31 | 0.04 | 0.01 | -0.03 | 75 | ||
2019-03-14 | 2019-01-31 | 0.01 | 0.06 | 0.05 | 500 | ||
2021-09-02 | 2021-07-31 | 0.4 | 0.47 | 0.07 | 17 | ||
2020-03-12 | 2020-01-31 | 0.05 | 0.12 | 0.07 | 140 | ||
2022-06-09 | 2022-04-30 | 0.46 | 0.38 | -0.08 | 17 |
Know DocuSign's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as DocuSign is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading DocuSign backward and forwards among themselves. DocuSign's institutional investor refers to the entity that pools money to purchase DocuSign's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Jericho Capital Asset Management Lp | 2024-09-30 | 3.5 M | Pacer Advisors, Inc. | 2024-06-30 | 3.5 M | Geode Capital Management, Llc | 2024-09-30 | 3.5 M | Norges Bank | 2024-06-30 | 2.9 M | Clearbridge Advisors, Llc | 2024-09-30 | 2.8 M | Two Sigma Advisers, Llc | 2024-06-30 | 2.4 M | Thrivent Financial For Lutherans | 2024-09-30 | 2.3 M | Fmr Inc | 2024-09-30 | 2.2 M | Fidelity International Ltd | 2024-06-30 | 1.9 M | Vanguard Group Inc | 2024-09-30 | 21.9 M | Blackrock Inc | 2024-06-30 | 14.6 M |
DocuSign's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 17.31 B.Market Cap |
|
DocuSign's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.02 | 0.03 | |
| Return On Assets | 0.02 | 0.03 | |
| Return On Equity | 0.07 | 0.07 |
Determining DocuSign's profitability involves analyzing its financial statements and using various financial metrics to determine if DocuSign is a good buy. For example, gross profit margin measures DocuSign's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of DocuSign's profitability and make more informed investment decisions.
DocuSign's Earnings Breakdown by Geography
Please note, the imprecision that can be found in DocuSign's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of DocuSign. Check DocuSign's Beneish M Score to see the likelihood of DocuSign's management manipulating its earnings.
Evaluate DocuSign's management efficiency
DocuSign has return on total asset (ROA) of 0.0244 % which means that it generated a profit of $0.0244 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.7034 %, meaning that it created $0.7034 on every $100 dollars invested by stockholders. DocuSign's management efficiency ratios could be used to measure how well DocuSign manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.03 in 2024. Return On Capital Employed is likely to gain to 0.03 in 2024. Total Current Liabilities is likely to drop to about 1 B in 2024. Liabilities And Stockholders Equity is likely to drop to about 2 B in 2024| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 5.54 | 5.81 | |
| Tangible Book Value Per Share | 3.56 | 3.73 | |
| Enterprise Value Over EBITDA | 60.22 | 57.21 | |
| Price Book Value Ratio | 11.00 | 10.45 | |
| Enterprise Value Multiple | 60.22 | 57.21 | |
| Price Fair Value | 11.00 | 10.45 | |
| Enterprise Value | 4.8 B | 4.3 B |
DocuSign showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Beta 0.898 |
Basic technical analysis of DocuSign Stock
As of the 28th of November, DocuSign shows the Semi Deviation of 1.25, downside deviation of 1.64, and Mean Deviation of 1.67. DocuSign technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.DocuSign's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific DocuSign insiders, such as employees or executives, is commonly permitted as long as it does not rely on DocuSign's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases DocuSign insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
DocuSign's Outstanding Corporate Bonds
DocuSign issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. DocuSign uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most DocuSign bonds can be classified according to their maturity, which is the date when DocuSign has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand DocuSign's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing DocuSign's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.2231 | |||
| Market Risk Adjusted Performance | 0.5462 | |||
| Mean Deviation | 1.67 | |||
| Semi Deviation | 1.25 | |||
| Downside Deviation | 1.64 | |||
| Coefficient Of Variation | 352.64 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.31 | |||
| Information Ratio | 0.2207 | |||
| Jensen Alpha | 0.4485 | |||
| Total Risk Alpha | 0.2516 | |||
| Sortino Ratio | 0.2794 | |||
| Treynor Ratio | 0.5362 | |||
| Maximum Drawdown | 9.29 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 3.81 | |||
| Downside Variance | 2.69 | |||
| Semi Variance | 1.56 | |||
| Expected Short fall | (2.06) | |||
| Skewness | 0.2175 | |||
| Kurtosis | 0.4496 |
| Risk Adjusted Performance | 0.2231 | |||
| Market Risk Adjusted Performance | 0.5462 | |||
| Mean Deviation | 1.67 | |||
| Semi Deviation | 1.25 | |||
| Downside Deviation | 1.64 | |||
| Coefficient Of Variation | 352.64 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.31 | |||
| Information Ratio | 0.2207 | |||
| Jensen Alpha | 0.4485 | |||
| Total Risk Alpha | 0.2516 | |||
| Sortino Ratio | 0.2794 | |||
| Treynor Ratio | 0.5362 | |||
| Maximum Drawdown | 9.29 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 3.81 | |||
| Downside Variance | 2.69 | |||
| Semi Variance | 1.56 | |||
| Expected Short fall | (2.06) | |||
| Skewness | 0.2175 | |||
| Kurtosis | 0.4496 |
Consider DocuSign's intraday indicators
DocuSign intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of DocuSign stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
DocuSign Corporate Filings
13A | 7th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 4th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 6th of September 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 5th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
DocuSign Stock media impact
Far too much social signal, news, headlines, and media speculation about DocuSign that are available to investors today. That information is available publicly through DocuSign media outlets and privately through word of mouth or via DocuSign internal channels. However, regardless of the origin, that massive amount of DocuSign data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of DocuSign news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of DocuSign relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to DocuSign's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive DocuSign alpha.
DocuSign Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards DocuSign can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
DocuSign Historical Investor Sentiment
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 and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average DocuSign news discussions. The higher the estimate score, the more favorable the investor's outlook on DocuSign.
DocuSign Corporate Management
| Pascal Colin | MD VP | Profile | |
| Dmitri Krakovsky | Chief Officer | Profile | |
| Anwar Akram | Chief Officer | Profile | |
| JD Esq | Sec | Profile |
Additional 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.