DocuSign Stock Drops As Traders Focus On Slowing Growth
On a GAAP basis, the company reported a loss of $0.15 per share. The company noted that its subscription revenue increased by 37% on a year-over-year basis and totaled $564 million.
Similarly, What company owns DocuSign?
Founded after the dot-com bust in 2003, DocuSign has proven both a survivor and a first mover in the e-signature space. Founded by Court Lorenzini, Tom Gonser and Eric Ranft, DocuSign held its own against early competition: one notable one, EchoSign, was acquired by Adobe in 2011.
Is docu a buy or sell? Out of 13 analysts, 1 (7.69%) are recommending DOCU as a Strong Buy, 2 (15.38%) are recommending DOCU as a Buy, 9 (69.23%) are recommending DOCU as a Hold, 0 (0%) are recommending DOCU as a Sell, and 1 (7.69%) are recommending DOCU as a Strong Sell.
Thereof, Is DOCN a buy?
Out of 11 analysts, 6 (54.55%) are recommending DOCN as a Strong Buy, 3 (27.27%) are recommending DOCN as a Buy, 2 (18.18%) are recommending DOCN as a Hold, 0 (0%) are recommending DOCN as a Sell, and 0 (0%) are recommending DOCN as a Strong Sell. What is DOCN’s earnings growth forecast for 2022-2024?
Who is DocuSign competitor?
Comparison Table Of DocuSign Competitors. Microsoft, Salesforce, Google, Oracle, Apple, Intelledox, Seal, Workday, SAP Solution extension.
Is DocuSign a profitable company?
DocuSign isn’t expected to achieve a positive GAAP net income until its fiscal year 2024, so the company still carries the risk of not becoming profitable.
How does DocuSign make money?
DocuSign makes money via subscriptions. The company has adopted a freemium business model which allows users to test the product free of charge. Founded in 2003, DocuSign has grown to become the de-facto industry leader in the e-signatures space.
Is ETSY a buy Zacks?
A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80).
…
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Is DocuSign a buy stockinvest?
Is DocuSign, Inc. stock A Buy? DocuSign, Inc. holds several positive signals, but we still don’t find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Is PayPal a buy Zacks?
– Hold. Zacks’ proprietary data indicates that PayPal Holdings, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the PYPL shares relative to the market in the next few months.
Is DOCN overvalued?
PB vs Industry: DOCN is overvalued based on its PB Ratio (9.6x) compared to the US IT industry average (3.8x).
Is Digital Ocean Holdings a buy?
DigitalOcean is a cloud computing platform company that is currently attracting some attention from investors as a potential buy right now. It posted a very promising report for its Q4 earnings this year with revenue up 37% YoY to $119.7 million.
Is DOCN a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
…
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Is there anything better than DocuSign?
eSign Genie is a cheaper alternative to DocuSign, and it offers users basic eSignature functionality, with legally-binding eSignatures, audit trails and notifications for signing updates.
Is there something better than DocuSign?
SignNow is a great DocuSign alternative for any industry. Like other electronic signature software options on our list, SignNow is industry agnostic and can fit into companies of any size. Price is one of the big selling points for SignNow.
Does Google have anything like DocuSign?
DocuSign eSignature for Chrome enables you to sign, send and manage documents directly from your Chrome browser. Install the Chrome Enterprise Recommended DocuSign Google app to get instant access to DocuSign eSignature while browsing your favorite websites.
Is PayPal a good stock buy?
PayPal Stock Fundamental Analysis: A Strong Track Record
For 2020, the firm’s earnings grew 31% to $3.88 a share. In 2021, the company’s EPS grew 18% to $4.60. Analysts expect the company’s EPS to grow 1% in 2022 and 25% in 2023.
Is SoFi a buy?
SoFi Technologies stock is a buy because the company will deliver strong revenue growth thanks to its member growth and vertically integrated platform, BofA said Friday. Analyst Mihir Bhatia initiated coverage on the financial services platform on Friday with a Buy rating and a price target of $17.
Why is DocuSign so popular?
Leading Analysts rank DocuSign the number one Digital Transaction Management company due to its large investment in R&D and strong customer focus. DocuSign is “in a class by itself” for its APIs according to analysts.
Is DocuSign a Fortune 500 company?
Fast facts. More than 1,000,000 paying customers and over a billion users worldwide. 13 of the top 15 Fortune 500 Technology companies.
Is DocuSign owned by Microsoft?
17, 2014 — Microsoft Corp. and DocuSign on Monday announced a long-term strategic partnership to make DocuSign’s industry-leading eSignature apps widely available from within Microsoft Office 365.
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