The share price of DocuSign Inc. [NASDAQ: DOCU] inclined by $84.04, presently trading at $81.61. The company’s shares saw 89.22% gains compared to the lowest price in the period of the last 52 weeks, set at 43.13 recorded on 04/02/20. The last few days have been tough to the share price as DOCU jumped by 0.45% during the last week, even though the stock is still up by 98.38 compared to -0.71 of all time high it touched on 03/31/20. However, the stock had a strong performance during the past 3 months, roughly losing -6.15%, while additionally gaining 55.23% during the last 12 months. DocuSign Inc. is said to have a 12-month price target set at $86.46. That means that the stock has a strong potential to acquire 4.85% increase from the current trading price.
DocuSign Inc. [NASDAQ:DOCU]: Analyst Rating and Earnings
Equities traders frequently stay up to date regarding what leading market analysts think abopossible stock buy. As it relates to DocuSign Inc. [DOCU], the latest mean analyst recommendation that’s publicly available is from the fiscal three-month period ending in 1/30/2020. This is compared to its latest closing price of $84.04.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for DocuSign Inc. [DOCU] is sitting at 4.46. This is compared to 1 month ago, when its average rating was 4.42.
Fundamental Analysis of DocuSign Inc. [DOCU]
Now let’s turn to look at profitability: with a current Operating Margin for DocuSign Inc. [DOCU] sitting at -23.40% and its Gross Margin at 75.00%, this company’s Net Margin is now -24.00. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
DocuSign Inc. [DOCU] has 181.82M shares outstanding, amounting to a total market cap of 15.28B. Its stock price has been found in the range of 43.13 to 98.38. At its current price, it has moved down by -17.05% from its 52-week high, and it has moved up 89.22% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 48.91. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is DocuSign Inc. [DOCU] a Reliable Buy?
DocuSign Inc. [DOCU] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.