DocuSign (DOCU) Ascends While Market Falls: Some Facts to Note

Company Performance - DocuSign (DOCU) ended the recent trading session at $90.42, showing a +1.02% change from the previous day's closing price, outperforming the S&P 500's daily loss of 1.54% [1] - Over the past month, shares of DocuSign have decreased by 5.3%, lagging behind the Computer and Technology sector's gain of 0.11% and the S&P 500's loss of 2.2% [1] Upcoming Earnings - The upcoming earnings release is expected to report an EPS of$ 0.84, representing a 10.53% increase compared to the same quarter last year [2] - Revenue is projected to be $759.96 million, reflecting a 6.68% rise from the equivalent quarter last year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates forecast earnings of$ 3.53 per share and revenue of $2.96 billion, indicating changes of +18.46% and +7.19%, respectively, compared to the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for DocuSign reflect evolving short-term business trends, with positive revisions indicating optimism about the company's outlook [4] - The Zacks Rank system, which incorporates estimate changes, has a track record of outperforming, with stocks rated 1 producing an average annual return of +25% since 1988 [6] Valuation Metrics - DocuSign is currently trading at a Forward P/E ratio of 25.38, which is below the industry average Forward P/E of 28.07, indicating a discount [7] - The company has a PEG ratio of 2.69, compared to the average PEG ratio of 2.18 for Internet - Software stocks [8] Industry Ranking - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 29, placing it in the top 12% of all industries [9]