Company Performance - DocuSign (DOCU) closed at 0.81 per share, indicating a year-over-year decline of 1.22% [2] - The consensus estimate for revenue is 3.46 per share and revenue of $3.13 billion, representing changes of -2.54% and +5.2% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for DocuSign indicate confidence in the company's business performance and profit potential [3] - The Zacks Rank system, which includes estimate changes, currently ranks DocuSign at 3 (Hold) [5] Valuation Metrics - DocuSign has a Forward P/E ratio of 24.44, which is lower than the industry average Forward P/E of 28.23 [6] - The company has a PEG ratio of 5.55, compared to the Internet - Software industry's average PEG ratio of 2.12 [7] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 64, placing it in the top 26% of all industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
DocuSign (DOCU) Ascends But Remains Behind Market: Some Facts to Note