DocuSign (DOCU)

DocuSign (DOCU)

Postby winston » Tue Apr 21, 2020 7:59 pm

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FOR REMOTE BUSINESSES, THIS DIGITAL SERVICE IS KEY

Today's company is benefiting as America works from home...

To stop the spread of the coronavirus, many businesses have moved to a "telework" environment. That means that many people are still doing their jobs – just from the safety of their own homes. But as business goes remote, folks can't simply exchange contracts and documents in person anymore. Luckily, today's company has a solution...

DocuSign (DOCU) is an $18 billion Software as a Service ("SaaS") company. It's best known for its "e-signature" software, where users can create, sign, and send contracts electronically. This is a more efficient and time-friendly method than using physical copies.

And with people staying at home, this technology is taking off... CEO Dan Springer recently said that the increased demand for DocuSign's services will offset the headwinds from a slowing economy.

As you can see in today's chart, DOCU has just hit a new all-time high.

Source: Daily Wealth
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Re: DocuSign (DOCU)

Postby winston » Tue Jul 07, 2020 5:03 am

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This Stock is a Solid Long-Term Bet

by Matt McCall

DocuSign has acquired SpringCM, an end-to-end contract management firm, and Seal Software, which specializes in data analytics specifically for contracts.

That means that DocuSign customers have the ability to use Seal’s analytics to find potential contract pitfalls before they sign DocuSign’s eSignature suite to complete the contract, and SpringCM’s contract management tools to keep the agreement up to date.

Almost all of DocuSign’s revenue comes from subscriptions, meaning the firm’s ability to renew those subscriptions is paramount.

Of course, some percentage of those who signed up this year did so because of the pandemic, but as people continue to work from home and refrain from unnecessary travel there will be a reason to renew.

Over the next three years, the market for digital signatures is seen growing to $5.5 billion, and DOCU should be able to capture most of that growth.


Source: Investor Place

https://dailytradealert.com/2020/07/06/ ... -term-bet/
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Re: DocuSign (DOCU)

Postby winston » Fri Nov 27, 2020 10:32 pm

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DocuSign Inc. (NASDAQ: DOCU) made it possible for real estate firms, banks, financial services companies, and a host of other businesses to continue to function even as cities and states were locked down.

Companies will continue to use it to sign documents that were overnighted, reviewed, signed, and sent back in the good old days. A three-day transaction can now be completed in minutes online.

It is a great company and will continue to do well.

The stock is probably going to fall quite a bit.

DocuSign shares currently trade for 34 times sales and more than 200 times hoped for sales.

That’s just too high to be sustainable once the pandemic is over. Everyone who needs DocuSign has an account already.

See how this one reacts next spring as people head back into offices before buying in.

Source: Money Morning
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Re: DocuSign (DOCU)

Postby winston » Fri Dec 03, 2021 11:21 pm

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Docusign shares tank 30% amid revenue forecast miss

by Ines Ferré

Docusign reported third quarter earnings and profit which beat Wall Street estimates, but billings and revenue guidance which missed expectations.

The company's fourth quarter revenue projection of $557 million to $563 million came in below Wall Street expectations.

Billings for the year ending January 31 are now forecast at $2.34 billion.

The e-signature company noted an addition of 59,000 new customers in the third quarter. One of those was UPS (UPS) which is modernizing its contracting process using Docusign.


Source: Yahoo Finance

https://finance.yahoo.com/news/docusign ... 36595.html
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Re: DocuSign (DOCU)

Postby winston » Fri Dec 03, 2021 11:26 pm

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DocuSign Crashes: When Will Nasdaq Volatility End?

by Dan Caplinger

Total sales were up 42% year over year, with subscription revenue rising 44% from year-ago levels.

Gross margin levels improved dramatically, rising 5 percentage points to 79%, and adjusted earnings of $0.58 per share were more than 150% higher than they were in the same period a year ago.


Source: TMF

https://www.fool.com/investing/2021/12/ ... gn=article
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Re: DocuSign (DOCU)

Postby winston » Fri Dec 03, 2021 11:41 pm

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Oppenheimer Stick to Their Buy Rating for DocuSign

Oppenheimer analyst Brian Schwartz maintained a Buy rating on DocuSign (NASDAQ:DOCU) on Friday, setting a price target of $250.

The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in DocuSign, with an average price target of $215.3.

The analysts price targets range from a high of $307 to a low of $170.


Source: investing.com

https://www.investing.com/news/oppenhei ... gn-2698938
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Re: DocuSign (DOCU)

Postby winston » Mon Dec 06, 2021 11:48 am

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DocuSign’s Sell-Off The Latest Sign Of An Uncertain Market

By Daniel Shvartsman

Billings growth, which is a leading indicator of future revenue growth, is 28%.

Q4 Guidance is for $560M in revenue at the midpoint, 30% ahead of last year’s number, with billings forecast to be 26% ahead of last year.

Valuation matters, and relative business momentum matters, and both may weigh on DocuSign for a couple quarters, at the very least.

It remains a great company, and it remains an expensive stock.


Source: investing.com

https://www.investing.com/analysis/docu ... s_headline
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Re: DocuSign (DOCU)

Postby winston » Mon Dec 06, 2021 10:53 pm

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DocuSign: Rocky Road Ahead Sends This Top Analyst to the Sidelines

by Marty Shtrubel

Looking at the consensus breakdown, 4 other analysts join Ives on the sidelines, although with 9 Buys and an additional 1 Sell, the stock boasts a Moderate Buy consensus rating.

Going by the $212.75 average target, shares are expected to claw back the losses and rise by 57% over the one-year timeframe.


Source: Tip Ranks

https://www.tipranks.com/news/article/d ... =story_mon
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