DocuSign, Inc. (DOCU) shares have gained 23% in the past six months compared with the 21% rally of the industry it belongs to and the 15% growth of the Zacks S&P 500 composite. Reasons Behind the Rally DocuSign registered growth in both earnings and revenues in the fourth quarter of fiscal 2024. Non-GAAP earnings of 76 cents per share increased 17% year over year and total revenues of $712.4 million were up 8% year over year. The company's earnings surpassed the Zacks Consensus Estimate in all the trailing ...

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Valuation is also important, so investors should note that DocuSign has a Forward P/E ratio of 17.68 right now. This denotes a discount relative to the industry's average Forward P/E of 23.46. Investors should also note that DOCU has a PEG ratio of 1.33 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Technology Services was holding an average PEG ratio of 1.6 at yesterday's closing price. In the latest market close, DocuSig ...

This company provides a convenient solution that helps consumers and businesses save time and money. Fool.com contributor Parkev Tatevosian has identified one relatively cheap growth stock for long-term investors to consider. *Stock prices used were the afternoon prices of May 20, 2024. The video was published on May 22, 2024. ...

DocuSign will stay a public company, according to the electronic signature platform's CEO. Allan Thygesen made that pronouncement in an interview with CNBC published Wednesday (May 23), following reports that private equity firms had considered a takeover. "We're focused on building a great, independent public company," Thygesen said during a partner event the company hosted in London. "I joined DocuSign as a public company, it's a very exciting time right now, so that's our plan." Late last year, reports e ...

The DocuSign website is seen on a laptop in Dobbs Ferry, New York, April 1, 2021. Contract management platform DocuSign is committed to remaining a public company and is working to convince investors of its artificial intelligence potential, CEO Allan Thygesen told CNBC, after reports suggested the firm had been the target of takeover interest from private equity suitors. "We're focused on building a great, independent public company," Thygesen told CNBC in an interview earlier this week at a partner event ...

DocuSign, Inc. (DOCU) is a global provider of cloud-based software that has performed extremely well over the six-month period and has the potential to sustain momentum in the near term. Consequently, if you haven't taken advantage of the share price appreciation yet, it's time you add the stock to your portfolio. An Outperformer: A glimpse at the company's price trend reveals that the stock has had an impressive run in the past six months. Shares of DocuSign have returned 43.2% compared with the 26.9% grow ...

Which of these cloud software plays has more upside potential? DocuSign (DOCU 0.47%) and ServiceNow (NOW 1.19%) both simplify and streamline tasks for companies with their cloud-based services. DocuSign is the world's largest provider of e-signature services, while ServiceNow's services help companies organize their unstructured work patterns into automated digital workflows. But over the past three years, DocuSign's stock plunged nearly 70% as ServiceNow's stock rallied by roughly the same amount. Let's se ...

The provider of electronic signature technology's stock has climbed by 8.11% in the past month, exceeding the Business Services sector's gain of 3.8% and the S&P 500's gain of 5.78%. Investors will be eagerly watching for the performance of DocuSign in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on June 6, 2024. It is anticipated that the company will report an EPS of $0.79, marking a 9.72% rise compared to the same quarter of the previous year. Meanwhile, our lates ...

Down 80%, can DocuSign return to all-time highs? DocuSign's financials In fiscal 2024 (ended Jan. 31), DocuSign reported revenue of just under $2.8 billion, 10% higher than the previous fiscal year. Fortunately for the company, it slowed its operating expense growth to 4% during that time, earning a net income of $74 million. That's a significant improvement over the $97 million loss seen in the same period of fiscal year 2023. DocuSign (DOCU 0.53%) was a darling during the pandemic. It was well-positioned ...