DocuSign stock: buy or sell?

DOCU stock price: $90.15 14.11% At close on April 6th, 2020

Updated on:
April 6th, 2020

4

After topping to all time highs on Tuesday, DocuSign climbed 14.11% today to $90.15. On Friday DOCU collapsed a hair-raising -6.38%.

Should I buy DocuSign stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, DocuSign stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean DOCU will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is DocuSign stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't detect any rating for DOCU stock for the last 30 days.

DocuSign stock analysis

Daily outlook

DocuSign climbed 14.11% to $90.15 after reaching all time highs on Tuesday.

DocuSign climbed 14.11% to $90.15 after topping to all time highs on Tuesday. On Tuesday, DOCU hit a new all time high, pushing higher than on February tops. Check different trading setups that use ATHs as triggers. On March/18 DOCU price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock.

DOCU stock chart (daily)

Weekly outlook

DocuSign shares skyrocketed 14.11% this week, ending at $90.15. Early March DOCU plunged a dreadful -8.67% in just one week.

Not so far away is the last price record DocuSign marked last week. Since price and SMA40w lines crossed up early September, DOCU climbed $43.46 (93.08%). Late September 2019, SMA10w and SMA20w crossed up triggering a rise of 39.12%.

DOCU stock chart (weekly)

DocuSign stock price history

DocuSign IPO was on April 27th, 2018 at $38.00 per share1. Since then, DOCU stock grew a 137.20%, with a yearly average of 137.20%. If you had invested $1,000 in DocuSign stock in 2018, it would worth $1,372.00 today.

1: Adjusted price after possible price splits or reverse-splits.

DocuSign stock historical price chart

DOCU stock reached all-time highs on Tuesday with a price of $98.38.

DocuSign stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' DOCU stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price target for DocuSign stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, DocuSign presented its financial report, posting a tiny growth for the Earnings per Share (EPS). Analyst were expecting $-0.23 per share, but DocuSign posted $-0.24.
DOCU earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q4-n/an/an/a
2018-Q1-n/an/an/a
2018-Q22018-06-07-7.49-7.42n/a
2018-Q32018-09-05-0.17-0.21n/a
2018-Q42018-12-06-0.23-0.3n/a
2019-Q12019-03-14-0.23-0.24n/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2018, last anual turnover report draw an extraordinary growth of 35.19% to $700.97 M dollars. When comparing 2019 vs 2018, in contrast, profit margin (that is, the net income divided by revenues) collapsed a -50.76% to -60.84%.

DOCU annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2015$250 M-$-122.56 M-48.9%-
2016$250 M0.00%$-122.56 M-48.9%0.00%
2016$381 M52.29%$-115.41 M-30.3%-5.83%
2017$381 M0.00%$-115.41 M-30.3%0.00%
2017$519 M35.93%$-52.28 M-10.1%-54.70%
2018$519 M0.00%$-52.28 M-10.1%-0.01%
2019$701 M35.19%$-426.46 M-60.8%715.78%

Quarterly financial results

DocuSign posted $199.73 M in revenues for 2019-Q1, a 11.97% up compared to previous quarter. Reported quarter income marked $-66.24 million with a profit margin of -33.17%. Profit margin depreciated a -3.56% compared to previous quarter when profit margin was -29.61%. When comparing sales to same quarter last year, DocuSign sales marked an astounding increase and skyrocketed a 34.16%. Looking back to recent quarterly results, DocuSign posted 7 negative quarters in a row.
DOCU quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$113 M-$-19.38 M-17.1%-
2017-Q3$126 M10.61%$-12.04 M-9.6%-37.90%
2017-Q4$131 M4.02%$-14.51 M-11.1%20.54%
2018-Q1$149 M14.00%$-6.35 M-4.3%-56.22%
2018-Q2$156 M4.66%$-270.69 M-173.7%4,161.45%
2018-Q3$167 M7.21%$-36.71 M-22.0%-86.44%
2018-Q4$178 M6.79%$-52.81 M-29.6%43.85%
2019-Q1$200 M11.97%$-66.24 M-33.2%25.43%

DocuSign ownership

When you are planning to buy a stock, it's worth to check its ownership structure.

DocuSign shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 7.38% of all shares.

Bearish positions for DOCU stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to DocuSign:

DOCU
Market cap$16.2 B
Total shares179.5 M
Float shares142.5 M
  - Institutional holdings (%)84.1%
  - Insider holdings (%)7.4%
Shares in short selling0.0%

DocuSign summary

Monday, April 6th, 2020
Open$81.63
Close$90.15
Day range$80.55 - $90.46
Previous close$79.00
Session gain14.11%
Average true range$7.67
50d mov avg$82.81
100d mov avg$77.65
200d mov avg$66.92
Daily pattern
Weekly pattern

DocuSign performance

To measure stock performance is always good to benchmark with competitors or related stocks. We compared DocuSign against in the following table:
Stock3m6m12m
DOCUDocuSign20.47%35.50%63.17%

DocuSign competitors

Unfortunately, we could not find any public company that could be defined as DocuSign competitor. This doesn't mean DocuSign does not have any competitor in the market, it's just we could not detected it.

    Latest DocuSign stock news