DOCU - DocuSign, Inc.
61.46 -0.42 (-0.68%)
After hours: 6:16PM EDT
| Previous Close | 62.49 |
| Open | 61.05 |
| Bid | 61.80 x 1200 |
| Ask | 63.00 x 1800 |
| Day's Range | 60.00 - 62.84 |
| 52 Week Range | 35.06 - 64.18 |
| Volume | 4,190,630 |
| Avg. Volume | 2,795,373 |
| Market Cap | 10.891B |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Motley Fool
Why DocuSign Soared After Earnings
The leader in digital signatures and contract lifecycle management posted a world-beating quarter.
- TipRanks
3 A-Grade Stocks With Best-In-Class Momentum
If you are looking for fresh investing inspiration, look no further. The following three stocks are displaying very strong momentum right now. Year-to-date the returns of these stocks easily surpass the S&P 500’s 19% gain. And what’s more the Street is confident that this momentum is sustainable. That’s reflected in the ‘buy’ consensus for each stock. Here we use TipRanks to find out why best-performing analysts believe these stocks are poised for continued outperformance: Lululemon Athletica inc. (LULU)Vancouver-based specialty retailer Lululemon is buzzing right now. The company is a key pioneer of the popular athleisure look. With over 400 stores to its name, LULU sells technical, high quality, and premium-priced athletic apparel- and most crucially, is set for significant expansion.Shares have exploded 67% year-to-date, with a 10% boost in just the last five days. Indeed, the company has just reported first-rate earnings results for the second quarter. LULU’s 2Q EPS of $0.96 sailed past Street estimates for $0.89. This was largely due to: 1) big same-store-sales (SSS) beat (+17% ex-FX vs Street +12%) and; 2) largely ~in-line gross margins. In a report titled “Warrior 2Q: Best-in-Class Momentum + Investing for the Long-Term Continues”, Credit Suisse analyst Michael Binetti ramped up his price target from $198 all the way to $235 (16% upside potential). “We’re significantly impressed that LULU accelerated SSS (1-yr and 2-yr basis) in an increasingly volatile macro in 2Q” the analyst explained. Similarly high praise comes from Bank of America’s Rafe Jadrosich, who has a buy rating and $230 price target on the stock. That’s up from just $200 previously. “We believe LULU is one of the best sq. footage growth stories in retail with a strong brand, innovative product and significant international expansion opportunity. We expect solid same-store sales growth to support continued operating margin expansion” cheers the analyst, calling LULU an ‘outlier’ in the challenging retail environment.Overall the stock has a Moderate Buy analyst consensus, with some analysts citing an ‘elevated’ valuation as keeping them on the sidelines. Docusign Inc (DOCU)As the name suggests, Docusign helps organizations connect and automate including how they prepare, sign, act on, and manage agreements. On September 5, DOCU returned to its usual beat and raise story- reassuring investors that last quarter’s disappointing billings growth was just a blip on the radar. The company posted robust 2Q headline numbers with billings the clear star of the show accelerating 47% year over year supported by a top line that beat the Street by ~7%. For instance, revenue of $235.61 million swept past the $220 million expected by analysts. “Based on the stellar results last night, our increased confidence in the company's ability to execute, and increased estimates we are upgrading DOCU to Outperform from Neutral and raising our price target to $65 from $48” top Wedbush analyst Daniel Ives told investors. His new price target indicates 16% upside potential from current levels.For Ives a main highlight was DOCU's impressive international business. The company reported 47% y/y growth with particular strength in the UK, Canada and Australia as this segment continues to catch up with its North American counterpart. This is very encouraging says Ives, as international is a major key in DOCU's strategy to maintaining its steep growth trajectory.As a result, the analyst concluded: “Our lingering concerns around the company's ability to navigate success and execution issues, especially internationally, is now a worry in the rear view mirror in our opinion.” Indeed, the stock boasts a Strong Buy Street consensus, with 8 out of 9 analysts rating DOCU a ‘buy’ right now. “eSignature is still a largely untapped opportunity and the competition is falling farther and farther behind” enthuses JMP Securities analyst Patrick Walravens. Meanwhile the average price target of $67 indicates 20% upside potential for the coming months. Match Group Inc (MTCH)If you are looking for love, chances are you have checked out one of Match Group’s offerings. The company is the name behind some of the biggest online dating platforms in the business- from Tinder, to OKCupid to Match.com.Shares have rallied an incredible 90% year-to-date, but analysts remain confident further growth lies ahead. Indeed, SunTrust Robinson analyst Youssef Squali has just moved to the bull camp while hitching his price target from $90 to $106. “Positive intra-quarter app traffic and revenue trends for MTCH's myriad of brands across several geographies show sustained positive momentum QTD [quarter to date], causing us to raise our estimates and upgrade the stock to Buy from Hold” explained the analyst. He is confident that, come Q3, Tinder will once again print one of its best quarterly net adds ever, with further headroom to grow. “Non-Tinder subsidiaries seem to have stabilized with legacy brands -- Match and OkCupid, turning the corner given a bigger marketing push, while newer brands namely Hinge, Pairs, and Harmonica are showing early promise” the analyst added. And keep an eye out for short term catalysts including pending divestiture from the mothership IAC (IAC) and a buyback reload.Encouragingly, the Street remains on side despite Facebook’s (FB) recent expansion into the dating arena. The social media giant has just announced that it is planning to introduce its dating product to 20 geographies, including the US. The product is mostly the same as the one launched at the F8 developer conference in 2018 with the rollout of the “secret crush” feature from F8 2019 and a deeper Instagram integration. “More bark than bite so far” wrote Squali on September 5, adding “while it is a major headline risk for Match Group, the worldwide market leader, we do not see it as posing a material financial risk to the company.” He believes that 1) Match's portfolio approach of brands focusing on specific interest groups, 2) under-penetration of the category in most markets served, and 3) current leadership position, should ensure continued healthy growth with relatively limited FB impact.In total, MTCH shows a Moderate Buy consensus, with 6 buy ratings vs 4 hold ratings. The average price target works out at $95 (16% upside potential). Discover the Street’s best-rated stocks with the Top Analysts’ Stocks tool
- Investor's Business Daily
Sleepy Software Stocks Wake Up: DocuSign, Guidewire Jump On Earnings
DocuSign and Guidewire Software woke with a vengeance Friday and rode better-than-expected earnings reports to massive share gains. DocuSign jumped 21%, while Guidewire surged nearly 15%.
- Motley Fool
Why DocuSign, Endo International, and Guidewire Software Jumped Today
Earnings and other factors continued to provide a lift to some stocks.
- GuruFocus.com
3 Stocks With Strong Swings on Friday
DocuSign, PagerDuty and Zoom Video move on earnings results Continue reading...
Motley FoolDocuSign Earnings: Revenue Soars
The e-signature specialist added 29,000 customers as revenue growth accelerated.
- Motley Fool
Stock Market News Today: DocuSign Up Big
The market reacted very differently to earnings reports from two cloud software companies.
- Investopedia
DocuSign Jumps Amid Signs That Last Quarter Was a Fluke
DocuSign shares moved sharply higher after second quarter revenue and full-year revenue guidance soared past analyst expectations.
- Benzinga
A Look At Benzinga Pro's Most-Searched Tickers For September 6, 2019
This most-searched list is a feature included in Benzinga Pro's Newsfeed tool. It highlights stocks frequently searched by Benzinga Pro users on the platform. Telenav (NASDAQ: TNAV ) shares were up 4.9% ...
- Benzinga
'A Massive Green Field Growth Opportunity': Wall Street Weighs In On DocuSign
Docusign Inc (NASDAQ: DOCU) shares soared 20% on Friday after the company reported second-quarter earnings and blew third-quarter guidance expectations out of the water. DocuSign missed second-quarter EPS estimates but beat on revenue. Friday’s big move was likely in response to the company’s third-quarter revenue guidance of between $237 million and $241 million, far exceeding consensus analyst estimates of $231.9 million.
- Motley Fool
Why DocuSign Stock Soared Friday
The e-signature and electronic-document company's revenue rocketed past analyst estimates. Here's what you should know.
- TheStreet.com
[video]Can DocuSign Stock Hold Above This Vital Hurdle After Earnings Surge?
DocuSign stock is ripping higher on Friday after better-than-expected earnings. Will a few snags unwind the rally in DOCU stock? Let's look.
- Market Realist
Why Is DocuSign Stock Soaring Today?
On September 5, electronic signature solution company DocuSign reported its fiscal 2020 second-quarter results for the period that ended on July 31.
- MarketWatch
DocuSign stock gets an upgrade, surges after earnings
Wedbush analyst Daniel Ives upgraded DocuSign shares to outperform from neutral on Friday, after the electronic-signature company beat expectations on second-quarter revenue and delivered a better-than-anticipated top-line outlook for the current quarter. Shares were up 22% in premarket trading Friday. "The results illustrate DocuSign is starting to fortify itself as the go-to vendor among enterprises of all shapes and sizes for its proprietary solution, from small businesses to large Fortune 500 organizations, as customers are signing onto the DocuSign platform and the upselling momentum continues to drive revenue," Ives wrote. He pointed to momentum for the company's international business, which grew 47% in the latest quarter, as a highlight of the report. As of Thursday's close, DocuSign shares were up 15% on the year, compared with a 19% rise for the S&P 500 .
- Investor's Business Daily
Dow Jones Futures: After Big Stock Market Rally, Lululemon, CrowdStrike, Zoom Video Are Earnings Movers
Dow Jones futures: After a bullish stock market rally Thursday, Lululemon, CrowdStrike and Zoom Video topped views. Lululemon flirted with a buy zone, but Crowdstrike and Zoom fell.
- TheStreet.com
DocuSign Shares Get Big Boost From Strong Revenue Guidance
The electronic-signature technology company issues strong revenue guidance for the third quarter and fiscal year.
- Motley Fool
After Hours: Alibaba Makes a $2 Billion Deal, Lululemon's Q2 Crushes Estimates
The Chinese tech giant nabs a big asset from a compatriot, while the athleisurewear company surprises on the upside.
Motley FoolDocuSign, Inc. (DOCU) Q2 2020 Earnings Call Transcript
DOCU earnings call for the period ending June 30, 2019.
- Zacks
DocuSign (DOCU) Q2 Earnings Miss Estimates
DocuSign (DOCU) delivered earnings and revenue surprises of -75.00% and 6.55%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
- MarketWatch
DocuSign shares catapult 23% on strong revenue guidance
DocuSign Inc. shares catapulted 21% in the extended session Thursday after the e-signature company reported second-quarter results that included strong third-quarter revenue guidance. DocuSign reported non-GAAP earnings of 1 cent a share. Revenue improved 41% to $235.6 million. Subscription revenue led the way at $220.8 million, up 39% year over year. For the current quarter, DocuSign said it expects revenue of $237 million to $241 million, easily topping estimates of $231.9 million. Analysts surveyed by FactSet had expected earnings of 4 cents a share on revenue of $220.8 million. DocuSign shares are up 15% this year. The S&P 500 index has gained 19% this year.
- Benzinga
DocuSign Shares Higher After Q2 Sales Beat, Revenue Up 41%
Docusign Inc (NASDAQ: DOCU ) shares are sharply higher after reporting a mixed second-quarter earnings print. Earnings came in at 1 cent per share, missing estimates by 3 cents. Sales came in at $235.6 ...
- Benzinga
Q2 Earnings Outlook For DocuSign
DocuSign (NASDAQ: DOCU ) announces its next round of earnings this Thursday, September 5. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement. Earnings and Revenue Wall Street ...
- TheStreet.com
DocuSign's Charts Suggest a Bounce Before Further Declines
DocuSign could bounce in the short-term but a retest of the November/December lows is possible in the weeks ahead. Let's review two charts of DOCU to lay out a strategy. In this daily bar chart of DOCU, below, we can see a mixed pattern between lagging indicators and coincident ones.
- Yahoo Finance
Jobs report, Fed Chair Powell speaks — What to know in the week ahead
It will be a shortening trading week, but the focus will be on the August jobs report and Federal Reserve Chairman Jerome Powell's speech on Friday.
![[video]Can DocuSign Stock Hold Above This Vital Hurdle After Earnings Surge?](https://s.yimg.com/uu/api/res/1.2/di10Qc.1iwSeboBaGNbieQ--~B/Zmk9c3RyaW07aD0xMjM7cHlvZmY9MDtxPTgwO3c9MjIwO3NtPTE7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/thestreet.com/de0cde15db73db55f3fdea972dc79f73)
