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.
Similarly, Why is DocuSign stock dropping today?
DocuSign Stock Drops As Traders Focus On Slowing Growth
DocuSign reported total revenue of $580.8 million and adjusted earnings of $0.48 per share, beating analyst estimates on revenue and meeting them on earnings. On a GAAP basis, the company reported a loss of $0.15 per share.
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.
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’s competitors?
Comparison Table Of DocuSign Competitors
| Our ranking | Tools | Our rating |
|---|---|---|
| 1 | HelloSign | 5 |
| 2 | Right Signature | 4.7 |
| 3 | SignNow | 5 |
| 4 | DocHub | 4.3 |
• 3 avr. 2022
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 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.
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 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 overvalued?
PB vs Industry: DOCN is overvalued based on its PB Ratio (9.6x) compared to the US IT industry average (3.8x).
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.
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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 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.
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.
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.
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.
How many shares of DocuSign does Dan Springer have?
Springer owns over 27,699 units of DocuSign Inc stock worth over $180,529,060 and over the last 6 years he sold DOCU stock worth over $81,851,143.
Did DocuSign go public?
DocuSign’s Big Debut: E-signature pioneer DocuSign was founded in 2003 and made the move to go public 15 years later. It priced its IPO at $29 per share, exceeding the high end of its targeted range of between $26 and $28. DocuSign raised $629.3 million by selling 21.7 million shares.
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 DocuSign undervalued?
For DocuSign, it seems that the cash flows might be significantly undervalued, and our model estimates the company to be worth US$36.2b or US$183 per share. This is a significant 38% gap between intrinsic value and where the stock is trading today.
Why do companies use DocuSign?
Why do more than 350,000 businesses use DocuSign? Because their customers love it. DocuSign is the fast, reliable way to make nearly every agreement and approval process a simple digital action, from electronic signing to payment collection—on practically any mobile device, from nearly anywhere in the world.
Is DocuSign legally binding?
Are electronic signatures valid in all states? Yes, electronic signatures are valid in all U.S. states and are granted the same legal status as handwritten signatures under state laws.
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