Why is DocuSign stock going down?

Why is DocuSign stock going down?

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, 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 DocuSign publicly traded? DocuSign, Inc. is an American company headquartered in San Francisco, California, that allows organizations to manage electronic agreements.

DocuSign.

DocuSign headquarters in San Francisco
Type Public
Traded as Nasdaq: DOCU NASDAQ-100 component
Industry Software
Founded 2003

Thereof, What stock sector is docu in?

Common Stock (DOCU) Stock Price, Quote, News & History | Nasdaq.

Key Data.

Label Value
Sector Technology
Industry EDP Services
1 Year Target $170.00
Today’s High/Low $104.94/$100.59

Where can I buy DocuSign stock?

Buy DocuSign shares from these brokerages

Name Asset types Minimum deposit
eToro Stocks, ETFs, Cryptocurrency $10
M1 Finance Stocks $100
SoFi Invest Stocks, ETFs, Cryptocurrency $1
Vanguard Personal Advisor Stocks, Mutual funds, ETFs $0

What is the target price for DocuSign?

The 16 analysts offering 12-month price forecasts for DocuSign Inc have a median target of 100.00, with a high estimate of 180.00 and a low estimate of 75.00. The median estimate represents a +0.50% increase from the last price of 99.50.

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

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.

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.

Who is going to buy DocuSign?

DocuSign, Inc.

President and CEO Daniel D. Springer acquired 18,700 shares of this e-signature solution provider, paying $128.89 per share for a total amount of $2.41 million.

What is the target price for Amazon stock?

Stock Price Target AMZN

High $ 5,000.00
Median $ 4,100.00
Low $ 2,800.00
Average $ 4,107.47
Current Price $ 3,034.13

What is Zoom’s target price?

Stock Price Target

High $295.00
Low $100.00
Average $163.88
Current Price $114.89

What is the target price for Roku stock?

Stock Price Forecast

The 24 analysts offering 12-month price forecasts for Roku Inc have a median target of 180.00, with a high estimate of 305.00 and a low estimate of 94.00. The median estimate represents a +61.67% increase from the last price of 111.34.

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.

Who owns PandaDoc?

PandaDoc

Type of site Private
No. of locations 3
Owner PandaDoc, Inc.
Founder(s) Mikita Mikado, CEO Sergey Barysiuk, CTO
Industry SaaS

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.

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.

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.

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.

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.

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.

Join TheMoney.co community and don’t forget to share this post !

Zeen is a next generation WordPress theme. It’s powerful, beautifully designed and comes with everything you need to engage your visitors and increase conversions.