DOCU - DocuSign, Inc.
44.63 0.00 (0.00%)
After hours: 5:00PM EDT
| Previous Close | 44.54 |
| Open | 45.61 |
| Bid | 44.60 x 1300 |
| Ask | 44.61 x 800 |
| Day's Range | 43.74 - 44.95 |
| 52 Week Range | 35.06 - 68.35 |
| Volume | 1,674,050 |
| Avg. Volume | 2,585,443 |
| Market Cap | 7.757B |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.19 |
| Earnings Date | Sep 5, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 60.73 |
- Yahoo Finance Video
DocuSign shares plummet despite earnings beat
DocuSign shares are sinking today, despite the fact that it reported fiscal first quarter earnings that beat expectations. DocuSign posted a 36% jump in subscription revenue a year ago. Yahoo Finance's Dan Howley joins Seana Smith.
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Yale University Has Built a Large Stake in Slack Stock
Yale University made some big changes in its stock investments in the second quarter, including acquiring a large stake in Slack Technologies stock.
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David Swensen Sells DocuSign in 2nd Quarter
The guru cut several ETF positions Continue reading...
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DocuSign Announces Timing of Second Quarter Fiscal 2020 Earnings Conference Call
SAN FRANCISCO , Aug. 15, 2019 /PRNewswire/ -- DocuSign (NASDAQ: DOCU) today announced that its second quarter fiscal 2020 results will be released on Thursday, September 5, 2019 after the close of the ...
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9 Tech Stocks Poised for Takeovers Amid Market’s Turmoil
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Is DocuSign, Inc. (NASDAQ:DOCU) A Financially Sound Company?
Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as DocuSign, Inc...
- PR Newswire
Agreement process automation yields major ROI, finds independent study
SAN FRANCISCO, July 24, 2019 /PRNewswire/ -- While most companies remain hindered by manual, legacy agreement processes, companies that automate the way they handle agreements with customers, vendors, and employees can do business faster, at less cost, with lower risk, and a better customer experience. The study examines the benefits of companies' connecting and automating their systems of agreement—that is, the way they prepare, sign, act-on and manage the agreements that are critical to their business.
- Motley Fool
Why DocuSign Stock Slumped 11.3% in June
The e-signature company is experiencing near-term sales challenges as it expands its reach. Here's what investors need to know.
- InvestorPlace
Microsoft Stock Is Still Compelling After Recent Rally
When the market capitalization of Microsoft Corporation (NASDAQ: MSFT) topped the $1 trillion mark, investors barely noticed. And why should they? MSFT stock is up about 33.5% in 2019, beating Alphabet's (NASDAQ: GOOGL) 5% 2019 return but just ahead of Apple's (NASDAQ: AAPL) 28% jump. Still, Microsoft has strong revenue momentum as it grows its cloud software and enterprise business and prepares to implement a video- console refresh in 2020. MSFT's Notable AchievementsSource: Shutterstock Microsoft's LinkedIn unit grew its job listings from 300,000 five years ago to 20 million in May 2019. The strong activity justifies the over $26 billion that MSFT paid for the website in 2017. But the professional social network's value to the owners of MSFT stock goes beyond numbers. As a data asset, it gives Microsoft valuable connections and a venue for advertising its own business software. Additionally, MSFT can use its own relationships with companies to sell LinkedIn's products, boosting Microsoft's sales and MSFT stock in the process. And as MSFT adds AI to LinkedIn's sales tools, demand for them will accelerate further. * 7 Restaurant Stocks to Put on Your Plate In the video-game console space, Microsoft announced a refresh to its Xbox. Known as "Project Scarlett," the new console will have 8K video, support up to 120 frames per second, have a faster NAND-based storage drive, and will use AMD's (NASDAQ: AMD) chips. Instead of selling the new consoles at today's price range of $399 - $499, Microsoft may lower the price. Since the games played on the console will be streamed, it requires less storage and memory. As a result, the consoles will be less costly to build. The console's lower prices may drive unit sales higher, allowing Microsoft to enjoy higher profits from game sales and providing another positive catalyst for MSFT stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Continued Growth Ahead for MicrosoftThe deep integration between Azure, MSFT's cloud business; Microsoft 365, its Office and Windows enterprise subscription business; and Dynamics, its other business software apps, brings many advantages. Customers may now perform deep learning through Power BI, which is part of Office 365. Native communications can also be utilized through Office 365. Dynamics 365 offers artificial intelligence. On other companies' platforms, customers may suffer from fragmented solutions. This increases costs due to lower efficiency and productivity. Digital TransformationCustomers may consider DocuSign, Inc. (NASDAQ: DOCU) or Dropbox, Inc. (NASDAQ: DBX) for fulfilling their various digital-transformation needs. But MSFT has decades of experience and offers custom solutions for its big customers.At its Business Apps Summit, Microsoft introduced its integrated tools for digital transformation. Among those tools are the Dynamics 365 Virtual Agent, new AI capabilities that were added to Power BI, and general improvements to both Power BI and PowerApps.PowerApps is a great opportunity for MSFT and MSFT stock. The company can easily get many more developers to enhance PowerApps. As more enterprise applications are developed on the platform, revenue from this segment will grow considerably, providing another positive catalyst for MSFT stock. Valuation23 analysts have an average price target of $144 on Microsoft stock, per Tipranks. That's a conservative target, as it's just 6.6% above the current price of MSFT stock. But on the other hand, the valuation of MSFT stock is on the high end, as its price-earnings ratio is about 30\. And a 5-year EBITDA Exit model suggests a similar fair value for Microsoft stock of around $142. The Bottom Line on MSFT StockMicrosoft stock has been on an uptrend throughout 2019. Except for elevated valuation risks, there's no reason for Microsoft stock to fall. Those looking for a solid technology stock should consider buying Microsoft. The stock will be especially attractive if it happens to dip to $120 - $125.As of this writing, the author did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 F-Rated Stocks to Sell for Summer * 7 Stocks to Buy for the Same Price as Beyond Meat * 7 Penny Marijuana Stocks That Are NOT Cheap Stocks The post Microsoft Stock Is Still Compelling After Recent Rally appeared first on InvestorPlace.
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Why DocuSign Is Set to Soar
The company’s multi-product strategy could improve its prospects
- American City Business Journals
These Bay Area CEOs captured more than 90 percent of their employees' approval
It’s tough to win love on Wall Street, let alone among your employees. But these Bay Area CEOs managed to gain a high approval rating on Glassdoor’s 2019 Top CEOs Employees’ Choice list.
- PR Newswire
DocuSign bolsters executive bench with new GC, Trâm Phi
SAN FRANCISCO, June 18, 2019 /PRNewswire/ -- DocuSign announced today that Trâm Phi has joined as its new general counsel to build, lead and oversee legal affairs and risk management for the company. Phi brings more than 20 years of corporate legal and general counsel experience—including leading two technology IPOs—to her new role. The appointment is the latest move by DocuSign to cement its executive leadership structure as it continues on its path to becoming a $1 billion company this fiscal year*.
- TheStreet.com
Lean on Lululemon's Past to Uncover Future Strategy
While Wall Street analysts have one set of expectations, the market has its own: whisper numbers. Unfortunately, the results did not live up to the whisper numbers circulating among traders. Additionally, DocuSign doesn't have much earnings history to judge whether guidance is conservative or aggressive.
- PR Newswire
DocuSign ups environmental commitment with $1M donation to The Wilderness Society
SAN FRANCISCO, June 12, 2019 /PRNewswire/ -- As part of its drive to create a significant and sustained impact on the world's environment, DocuSign (DOCU) today announced a new commitment to The Wilderness Society, the leading American conservation organization working to protect the nation's wildlands. The news was announced on stage as part of the DocuSign for Forests keynote at its annual Momentum conference—alongside Jamie Williams, president of The Wilderness Society, and Dave Matthews, environmentalist, member of The Wilderness Society's Governing Council, and Grammy Award-winning singer-songwriter.
- PR Newswire
DocuSign demonstrates industry's next must-have cloud at Momentum 2019
SAN FRANCISCO, June 12, 2019 /PRNewswire/ -- With a broad lineup of world-class speakers, a host of innovation announcements, and a strong vision for the future of agreements, DocuSign (DOCU) today kicked off its annual Momentum conference for more than 1500 customers, developers, and partners in San Francisco. This year's event centers around the DocuSign Agreement Cloud—the recently announced suite of more than a dozen products and over 350 integrations for digitally transforming how organizations prepare, sign, act on, and manage agreements. Today, the company enhanced the DocuSign Agreement Cloud with several new products and features via its latest quarterly update, the DocuSign Summer '19 Release.
- TheStreet.com
Zoom and DocuSign's Very Different Post-Earnings Moves Are a Sign of the Times
Clearly, Zoom is seeing runaway momentum for its videoconferencing and collaboration software, as both large sales investments and the viral nature of Zoom's offerings drive stronger adoption at major enterprises. Revenue and EPS beat expectations, but billings of $215 million (up 27%) slightly missed a consensus of $216 million. In addition, while DocuSign raised its full-year revenue guidance by $7 million, it reiterated billings guidance of $1.01 billion to $1.03 billion (consensus was at $1.22 billion), while stating on its earnings call that it's seeing longer sales cycles for enterprise deals in which it's up-selling existing buyers of its core e-signature software on value-added offerings.
- Motley Fool
Why DocuSign, Guess?, and American Equity Investment Life Slumped Today
Even on a positive day for the market, some companies had to deal with bad news.
- Benzinga
KeyBanc Not Worried About DocuSign Billing 'Hiccup,' Guidance
DocuSign, Inc . (NASDAQ: DOCU ) shares were down Friday following disappointing guidance and tepid billings, but KeyBanc remained Overweight on the stock calling the results a “slight hiccup.” The Analyst ...
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Docusign Stock Takes a Bath on Earnings. Now What?
Shares of Docusign (NASDAQ:DOCU) are down 12.2% in Friday trading, but were lower by as much 20% in after-hours trading. Why the beatdown? The company disappointed investors with its first-quarter results, sending Docusign stock into a tailspin.Source: Shutterstock Is this the buying opportunity investors have been waiting for or a warning sign that more losses could be on the way?The headline results looked pretty good, but there's clearly something in the report spooking investors -- especially on a day where U.S. stocks are flying higher after the release of the May jobs report. Not only is the action disappointing while the Nasdaq rallies 1.7%, but as other companies like Beyond Meat (NASDAQ:BYND) and Zoom Video (NASDAQ:ZM) surge more than 20% on their earnings reports.InvestorPlace - Stock Market News, Stock Advice & Trading TipsLet's look at the quarter. Docusign Stock EarningsNon-GAAP earnings of 7 cents per share came in three cents per share ahead of expectations, according to Zacks. However, a GAAP loss of 27 cents per share missed estimates by 3 cents. Revenue of about $214 million grew 37.3% year-over-year (YoY) and beat estimates by $5.8 million. * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% For the most part, the headline results check out.The midpoint of the second-quarter guidance range calling for $218 million to $222 million in revenue hits consensus expectations of about $220 million. However, full-year guidance topped estimates. Management expects sales between $917 million and $922 million vs. analysts' estimates of $913.6 million. Further, operating cash flow tripled YoY to $45.7 million, while free cash flow grew near 250% YoY to $30.4 million.So where's the issue?To be honest, I don't see much of one. Subscriptions grew 36% YoY, down one percentage point sequentially, while gross margins also slipped 100 basis points YoY. Billings growth slowed too, but slowing growth rates are to be expected. It's not like DOCU stock completely whiffed on these numbers.This looks like nitpicking to me and down a few percentage points would seem reasonable if investors opted to sell. Down 15%-plus though? That seems like overkill for what is a pretty clean quarter overall. In-line Q2 guidance and better-than-expected full-year guidance should have given some type of buoy to the stock price. Especially with support about 5.5% to 9% below its pre-earnings close.This is the type of action I would expect from a stock that came into the print red hot and then disappointed. That certainly isn't the case here, with Docusign stock down almost 8% from its 2018 high and ~20% from its 52-week high coming into the quarter. Trading DOCU StockA really reasonable selloff to this type of quarter would have landed Docusign stock near $50. That would have kept it above range support in this $50 to $52 area, as well as the 200-day moving average. Instead, DOCU stock gapped below this area and even broke below the 61.8% retracement for its one-year range.At the end of the day, though, we can't fight the tape. We have to respect price, trading and investing on what the market gives us. In this case, it's giving investors a potential long-term buying opportunity on this dip. The question is, how long will it last and how low will it go?On the upside, I want to see DOCU stock reclaim the 61.8% retracement. If it can, it puts the 200-day moving average and that $50 to $52 support level back on the table. It will be important to see how Docusign stock acts in this situation. Does it find this area to now be resistance? That would be a bearish development and likely mean it needs more time before being considered a healthy long. The quicker it can reclaim these levels, the better.If it can't reclaim either the 61.8% or the 200-day, then see how it holds up to lower prices. Specifically, I want to see if this $44 to $45 area supports Docusign stock. This was a notable area during the fourth-quarter selloff. If it can't support DOCU, then perhaps the $38's are on the table.The bottom line: Watch $47.78 on the upside and $45 on the downside.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post Docusign Stock Takes a Bath on Earnings. Now What? appeared first on InvestorPlace.
