Docusign Stock Buy Hold or Sell Recommendation
| DOCU Stock | USD 55.84 0.14 0.25% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding DocuSign is 'Strong Hold'. Macroaxis provides DocuSign buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DocuSign positions. The advice algorithm takes into account all of DocuSign's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting DocuSign's buy or sell advice are summarized below:
Real Value 60.29 | Target Price 64.42 | Hype Value 55.47 | Market Value 55.84 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell DocuSign given historical horizon and risk tolerance towards DocuSign. When Macroaxis issues a 'buy' or 'sell' recommendation for DocuSign, the advice is generated through an automated system that utilizes algorithms and statistical models.
DocuSign |
Execute DocuSign Buy or Sell Advice
The DocuSign recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on DocuSign. Macroaxis does not own or have any residual interests in DocuSign or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute DocuSign's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
DocuSign Trading Alerts and Improvement Suggestions
| DocuSign generated a negative expected return over the last 90 days | |
| DocuSign is unlikely to experience financial distress in the next 2 years | |
| DocuSign has a strong financial position based on the latest SEC filings | |
| Over 80.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from fool.com: Will DocuSign Be a Trillion-Dollar Stock by 2040 |
DocuSign Returns Distribution Density
The distribution of DocuSign's historical returns is an attempt to chart the uncertainty of DocuSign's future price movements. The chart of the probability distribution of DocuSign daily returns describes the distribution of returns around its average expected value. We use DocuSign price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of DocuSign returns is essential to provide solid investment advice for DocuSign.
| Mean Return | -0.13 | Value At Risk | -3.28 | Potential Upside | 3.17 | Standard Deviation | 2.10 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of DocuSign historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
DocuSign Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as DocuSign is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading DocuSign backward and forwards among themselves. DocuSign's institutional investor refers to the entity that pools money to purchase DocuSign's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Aqr Capital Management Llc | 2023-12-31 | 3.3 M | Geode Capital Management, Llc | 2023-12-31 | 3.2 M | Two Sigma Investments Llc | 2023-12-31 | 2.9 M | Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 2.7 M | Clearbridge Advisors, Llc | 2023-12-31 | 2.6 M | Renaissance Technologies Corp | 2023-12-31 | 2.5 M | D. E. Shaw & Co Lp | 2023-09-30 | 2.4 M | Jpmorgan Chase & Co | 2023-12-31 | 2.4 M | Norges Bank | 2023-12-31 | 2.3 M | Vanguard Group Inc | 2023-12-31 | 21.4 M | Blackrock Inc | 2023-12-31 | 13.3 M |
DocuSign Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (6.6M) | 7.8M | (8.4M) | 10.1M | 11.7M | 12.2M | |
| Investments | (233.9M) | 344.0M | (95.1M) | (191.2M) | 44.6M | 46.8M | |
| Change In Cash | (276.7M) | 324.9M | (56.7M) | 213.5M | 75.1M | 84.9M | |
| Free Cash Flow | 43.7M | 214.6M | 445.1M | 429.1M | 912.4M | 958.0M | |
| Depreciation | 50.2M | 71.1M | 81.9M | 86.3M | 116.4M | 63.8M | |
| Other Non Cash Items | 113.8M | 112.5M | 186.2M | 233.2M | 203.0M | 118.3M | |
| Capital Expenditures | 72.0M | 82.4M | 61.4M | 77.7M | 92.4M | 61.9M | |
| Net Income | (208.4M) | (243.3M) | (70.0M) | (97.5M) | 74.0M | 77.7M | |
| End Period Cash Flow | 241.5M | 566.3M | 509.7M | 723.2M | 797.1M | 493.0M | |
| Change To Netincome | 206.0M | 269.6M | 446.6M | 556.1M | 639.6M | 671.5M | |
| Change Receivables | (63.3M) | (73.9M) | (117.4M) | (76.0M) | (68.4M) | (71.8M) |
DocuSign Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to DocuSign or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that DocuSign's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a DocuSign stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.23 | |
β | Beta against NYSE Composite | 1.21 | |
σ | Overall volatility | 2.12 | |
Ir | Information ratio | -0.1 |
DocuSign Volatility Alert
DocuSign exhibits very low volatility with skewness of -0.81 and kurtosis of 2.65. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure DocuSign's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact DocuSign's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.DocuSign Implied Volatility
DocuSign's implied volatility exposes the market's sentiment of DocuSign stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if DocuSign's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that DocuSign stock will not fluctuate a lot when DocuSign's options are near their expiration.
DocuSign Fundamentals Vs Peers
Comparing DocuSign's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze DocuSign's direct or indirect competition across all of the common fundamentals between DocuSign and the related equities. This way, we can detect undervalued stocks with similar characteristics as DocuSign or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of DocuSign's fundamental indicators could also be used in its relative valuation, which is a method of valuing DocuSign by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare DocuSign to competition |
| Fundamentals | DocuSign | Peer Average |
| Return On Equity | 0.0847 | -0.31 |
| Return On Asset | 0.0131 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 10.54 B | 16.62 B |
| Shares Outstanding | 204.75 M | 571.82 M |
| Shares Owned By Insiders | 0.99 % | 10.09 % |
| Shares Owned By Institutions | 79.62 % | 39.21 % |
| Number Of Shares Shorted | 8.38 M | 4.71 M |
| Price To Earning | (14.00) X | 28.72 X |
| Price To Book | 10.71 X | 9.51 X |
| Price To Sales | 4.38 X | 11.42 X |
| Revenue | 2.76 B | 9.43 B |
| Gross Profit | 1.98 B | 27.38 B |
| EBITDA | 178.39 M | 3.9 B |
| Net Income | 73.98 M | 570.98 M |
| Cash And Equivalents | 994.72 M | 2.7 B |
| Cash Per Share | 4.95 X | 5.01 X |
| Total Debt | 143.05 M | 5.32 B |
| Debt To Equity | 2.10 % | 48.70 % |
| Current Ratio | 1.01 X | 2.16 X |
| Book Value Per Share | 5.50 X | 1.93 K |
| Cash Flow From Operations | 1 B | 971.22 M |
| Short Ratio | 2.27 X | 4.00 X |
| Earnings Per Share | 0.36 X | 3.12 X |
| Price To Earnings To Growth | 0.53 X | 4.89 X |
| Target Price | 65.61 | |
| Number Of Employees | 6.84 K | 18.84 K |
| Beta | 0.88 | -0.15 |
| Market Capitalization | 11.4 B | 19.03 B |
| Total Asset | 2.97 B | 29.47 B |
| Retained Earnings | (1.67 B) | 9.33 B |
| Working Capital | (92.95 M) | 1.48 B |
Note: Acquisition by Allan Thygesen of 20246 shares of DocuSign subject to Rule 16b-3 [view details]
DocuSign Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as DocuSign . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 41357.55 | |||
| Daily Balance Of Power | 0.0993 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 55.35 | |||
| Day Typical Price | 55.51 | |||
| Price Action Indicator | 0.57 | |||
| Period Momentum Indicator | 0.14 |
About DocuSign Buy or Sell Advice
When is the right time to buy or sell DocuSign? Buying financial instruments such as DocuSign Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 251.5M | 264.1M | 299.3M | 149.8M | Total Assets | 2.5B | 3.0B | 3.0B | 2.0B |
Use Investing Ideas to Build Portfolios
In addition to having DocuSign in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Obamacare Repeal
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Check out DocuSign Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy DocuSign Stock please use our How to Invest in DocuSign guide.Note that the DocuSign information on this page should be used as a complementary analysis to other DocuSign's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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When running DocuSign's price analysis, check to measure DocuSign's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DocuSign is operating at the current time. Most of DocuSign's value examination focuses on studying past and present price action to predict the probability of DocuSign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DocuSign's price. Additionally, you may evaluate how the addition of DocuSign to your portfolios can decrease your overall portfolio volatility.
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Is DocuSign's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DocuSign. If investors know DocuSign will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DocuSign listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.985 | Earnings Share 0.36 | Revenue Per Share 13.534 | Quarterly Revenue Growth 0.08 | Return On Assets 0.0131 |
The market value of DocuSign is measured differently than its book value, which is the value of DocuSign that is recorded on the company's balance sheet. Investors also form their own opinion of DocuSign's value that differs from its market value or its book value, called intrinsic value, which is DocuSign's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DocuSign's market value can be influenced by many factors that don't directly affect DocuSign's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DocuSign's value and its price as these two are different measures arrived at by different means. Investors typically determine if DocuSign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DocuSign's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.