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.
Similarly, What is a good PE ratio?
A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. The average P/E for the S&P 500 has historically ranged from 13 to 15. For example, a company with a current P/E of 25, above the S&P average, trades at 25 times earnings.
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.
Thereof, Why is DocuSign stock dropping?
DocuSign DOCU, -0.75% shares sank more than 17% in after-hours trading Thursday, following an earnings report that included a weaker-than-expected forecast for the new fiscal year.
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 30 a good PE ratio?
A P/E of 30 is high by historical stock market standards. This type of valuation is usually placed on only the fastest-growing companies by investors in the company’s early stages of growth. Once a company becomes more mature, it will grow more slowly and the P/E tends to decline.
What is Tesla’s PE ratio?
Tesla PE ratio as of April 12, 2022 is 201.42. Please refer to the Stock Price Adjustment Guide for more information on our historical prices. Tesla Inc.
Is 10 a good PE ratio?
A P/E ratio of 10 might be pretty normal for a utility company, while it might be exceptionally low for a software business. That’s where the industry PE ratios come into play.
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.
Who are Docusigns customers?
More than 100,000 organizations use DocuSign. Its customers run the gamut, from financial services to insurance, technology, healthcare, manufacturing, real estate, retail, consumer goods, higher education, and the public sector.
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.
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?
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.
Why is DocuSign a great company?
“DocuSign is a fantastic place to work. We hire amazing talent, and it shows when working with colleagues. DocuSign values its employees and works hard to create a supportive, enriching environment, even for employees who work from home. The teams at DocuSign are close-knit and collaborative.”
How much do DocuSign companies pay?
How much does DocuSign cost? DocuSign plans start at $10 per month when purchased annually and scale up to include more advanced functionality.
Why is DocuSign over Adobe?
While both Adobe Sign and DocuSign offer advanced enterprise options like advanced API integrations and customization options, DocuSign’s flexibility outstrips Adobe Sign when it comes down to integration and flexibility.
Why is Ebay PE so low?
EBAY’s 12-month-forward PE to Growth (PEG) ratio of 1.69 is considered a poor value as the market is overvaluing EBAY in relation to the company’s projected earnings growth due. EBAY’s PEG comes from its forward price to earnings ratio being divided by its growth rate.
Is Tesla overvalued?
At current prices, we view Tesla shares as overvalued, trading in 2-star territory. We think the market continues to price in a scenario where Tesla becomes a top-three automaker in global vehicles sold by 2030.
Why is Tesla’s PE ratio so high?
Tesla’s gross profit margins are better than industry peers. That’s one reason Tesla gets a premium valuation. Jonas also believes that Tesla will sell more stuff such as insurance and self driving software that can generate recurring sales. That’s new for the auto industry and has the potential to add to profits.
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