DocuSign(DOCU)
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Curious about DocuSign (DOCU) Q1 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-06-03 14:15
Wall Street analysts expect DocuSign (DOCU) to post quarterly earnings of $0.79 per share in its upcoming report, which indicates a year-over-year increase of 9.7%. Revenues are expected to be $706.07 million, up 6.8% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Prior to a company's earnings announcement, it is crucial to ...
Docusign Completes Acquisition of Lexion to Accelerate Intelligent Agreement Management
Prnewswire· 2024-05-31 20:00
SAN FRANCISCO, May 31, 2024 /PRNewswire/ -- Docusign (NASDAQ: DOCU) today announced that it has completed the acquisition of Lexion, a leading AI-powered agreement management company. This strengthens Docusign's position in Intelligent Agreement Management (IAM) and adds more AI-assisted capabilities to the Docusign IAM platform. The acquisition will bring richer insights and analysis to customers so they can speed up contract reviews and negotiations, easily locate information within documents, and automat ...
DocuSign (DOCU) Appreciates 23% in Six Months: Here's How
ZACKS· 2024-05-30 17:56
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 ...
Here's Why DocuSign (DOCU) is a Strong Momentum Stock
zacks.com· 2024-05-29 14:56
Core Insights - The article emphasizes the importance of utilizing Zacks Premium for investors to enhance their stock market strategies and confidence in investing [1] Zacks Premium Features - Zacks Premium provides daily updates on Zacks Rank and Zacks Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens to aid investors [1] - The service includes Zacks Style Scores, which are complementary indicators for stock evaluation [2][3] Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, helping investors identify stocks likely to outperform the market in the next 30 days [3][4] - Each stock receives a rating from A to F, with A indicating the highest potential for outperformance [4] Value Score - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [4] Growth Score - The Growth Score assesses a company's future prospects by analyzing projected and historical earnings, sales, and cash flow [5] Momentum Score - The Momentum Score is based on price trends and earnings outlook, utilizing factors like one-week price change and monthly earnings estimate changes [6] VGM Score - The VGM Score combines the three Style Scores to identify stocks with attractive value, strong growth forecasts, and promising momentum [7] Zacks Rank Integration - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building [8] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [9] Stock Selection Strategy - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [10] - Stocks with lower ranks but high Style Scores may still be considered if they show potential upside [10][11] Company Spotlight: DocuSign (DOCU) - DocuSign, founded in 2003, is a global provider of cloud-based software, specifically the DocuSign Agreement Cloud [12] - Currently rated 3 (Hold) with a VGM Score of A, DocuSign has a Momentum Style Score of A and has seen a 2% increase in shares over the past four weeks [12] - Recent upward revision of earnings estimates for fiscal 2025 has increased the Zacks Consensus Estimate to $3.24 per share, with an average earnings surprise of 23.7% [13]
DocuSign (DOCU) Stock Dips While Market Gains: Key Facts
zacks.com· 2024-05-24 22:51
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 ...
1 Ridiculously Undervalued Growth Stock Down 81% to Buy Hand Over Fist Right Now
fool.com· 2024-05-23 07:33
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 CEO Says Company Will Remain Public
pymnts.com· 2024-05-22 16:09
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 ...
DocuSign chief says company wants to stay public after reports of private equity takeover interest
cnbc.com· 2024-05-22 07:51
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 ...
Here's Why Investors Should Buy DocuSign (DOCU) Stock Right Now
zacks.com· 2024-05-21 15:00
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 ...
Better Cloud Stock: DocuSign vs. ServiceNow
fool.com· 2024-05-21 09:33
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 ...