According to our Docu. Sign stock split history records, Docu. Sign has had 1 split.
Why is docusign stock dropping?
, docu Sign stock slipped Thursday after a downgrade from Morgan Stanley analysts, who cited concerns over the electronic signature company’s postpandemic sustainability. Analyst Stan Zlotsky downgraded the stock to Equal-weight from Overweight and slashed his price target by nearly half to $165, down from $350 previously.
Shares of Docu. Sign ( DOCU -21.40% ) plunged on Friday after the e-signature leader warned of slowing growth in the coming year. As of 3 p. m., et, docu Sign’s stock price was down more than 20%.
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What is DocuSign’s earnings expectation for the next year?
Earnings for Docu. Sign are expected to grow by 185.71% in the coming year, from $0.07 to $0.20 per share. The P/E ratio of Docu. Sign is -218.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
A frequent query we ran across in our research was “How has DocuSign’s financial performance performed during the pandemic?”.
Pandemic-driven demand led to strong financial performance in recent years for the e-signature juggernaut. Over the past three years, Docu. Sign enjoyed a revenue CAGR of 41%. In its most recent quarter, the company’s top-line and non-GAAP (generally accepted accounting principles) earnings per share grew 42% and 164% up to $545. 5 million and $0.
, docu Sign has a market capitalization of $25.13 billion and generates $1.45 billion in revenue each year. The company earns $-243.27 million in net income (profit) each year or ($0.58) on an earnings per share basis.
What is DocuSign eSignature?
Since its inception in 2003, Docu. Sign has pioneered the development of the e, and signature. Today we offer the world’s No. 1 e. Signature solution as the core part of our broader platform for automating the agreement process.
Who are DocuSign’s biggest competitors?
Adobe (NASDAQ: ADBE) is also a fierce competitor within the e-signature space. It reported $532 million in document cloud revenue during its fourth quarter ending Dec. 3, nearly matching Docu. Sign’s $545 million. Adobe has massive resources and could be a difficult competitor for Docu, and sign.
Today, as a result, over a million customers and over a billion users worldwide leverage Docu. Sign to create, upload, and send documents for multiple parties to sign electronically. Our platform also allows users to complete approvals, agreements, and transactions faster by building end-to-end processes.
, while docu Sign has made great strides in past years, the company poses several inherent risks to investors. At the outset, the company has not generated a positive GAAP net income despite providing us with positive adjusted (Non-GAAP) earnings.