Docusign Stock Fair Value Calculator – DocuSign CFO Sells Over $430K in Stock
December 30, 2023
🌥️Trending News
DOCUSIGN ($NASDAQ:DOCU): DocuSign, Inc., a cloud-based e-signature company, recently announced that its Chief Financial Officer, Michael Sheridan, sold stock worth $430,133.22. DocuSign is a leading provider of electronic signature technology and digital transaction management services that allow individuals and organizations to digitally transact business online. The company’s platform provides the ability to securely send, sign and manage agreements from any device and from anywhere in the world, while also helping to reduce costs and the time it takes to close any agreement.
This represents less than 1% of Sheridan’s holdings in the company. This indicates investor confidence in the company’s potential to continue being a leader in digital transaction technology.
Price History
On Tuesday, DOCUSIGN CFO, Michael Sheridan, sold over $430K worth of DOCUSIGN stock at an average price of $60.6. This was a slight decrease from its prior closing price of $60.7, as the stock opened at $60.6 and closed at $60.4, down by 0.5%. The sale comes before DOCUSIGN’s earnings report, which is expected to be released in July. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Docusign. More…
| Total Revenues | Net Income | Net Margin |
| 2.71k | 51.6 | 2.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Docusign. More…
| Operations | Investing | Financing |
| 845.88 | -66.13 | -226.62 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Docusign. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.34k | 2.37k | 4.75 |
Key Ratios Snapshot
Some of the financial key ratios for Docusign are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 27.8% | – | 2.7% |
| FCF Margin | ROE | ROA |
| 27.7% | 5.1% | 1.4% |
Analysis – Docusign Stock Fair Value Calculator
At GoodWhale, we have conducted an analysis of DOCUSIGN‘s wellbeing. Through our proprietary Valuation Line, we have calculated that the fair value of DOCUSIGN’s stock is approximately $162.6. However, the stock is currently being traded at $60.4, which means that the stock is currently undervalued by around 62.9%. This presents a great opportunity for investors to get in on this potentially lucrative stock. We at GoodWhale believe that DOCUSIGN is well-positioned to benefit from economic growth and present a great long-term investment opportunity. More…
Peers
The company has a number of competitors, including Adobe Inc, Microsoft Corp, and Monday.Com Ltd.
– Adobe Inc ($NASDAQ:ADBE)
Adobe Inc. is an American multinational computer software company headquartered in San Jose, California. The company has a market cap of 153.82B as of 2022 and a ROE of 26.76%. Adobe Inc. develops, manufactures, and markets computer software products and services. The company’s products include Creative Cloud, Photoshop, Illustrator, InDesign, Premiere Pro, After Effects, and Dreamweaver. Creative Cloud is a subscription-based service that provides access to Adobe’s creative products. Photoshop is a raster graphics editor used for photo editing, graphic design, and web design. Illustrator is a vector graphics editor used for illustrations, logos, and branding. InDesign is a page layout and typesetting application used for print and digital publishing. Premiere Pro is a video editing software used for film, television, and online video. After Effects is a digital visual effects and motion graphics software used in film and television post-production. Dreamweaver is a web development application used for creating and editing websites.
– Microsoft Corp ($NASDAQ:MSFT)
Microsoft Corporation is an American multinational technology company with a market cap of $1.8 trillion and a ROE of 31.9%. The company develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers.
– Monday.Com Ltd ($NASDAQ:MNDY)
Monday.com Ltd is a publicly traded company with a market capitalization of 4.36 billion as of 2022. The company has a return on equity of -16.81%. Monday.com Ltd is a provider of enterprise software solutions. The company’s products are used by organizations to manage their businesses and processes. Monday.com Ltd’s products are used by a variety of industries, including healthcare, retail, manufacturing, and logistics. The company has a presence in a number of countries, including the United States, Canada, the United Kingdom, and Australia.
Summary
DocuSign Inc. (DOCU) has seen its stock price increase significantly over the past year, making it an attractive investment option for many. Recently, the company’s CFO, Michael Sheridan, has sold $430,133.22 of his own DocuSign stock. Although this news could signal that the company is experiencing a downturn in its financial performance, the stock price has remained largely unaffected by the news. Analysts suggest that this could indicate that the market believes that the company is still operating successfully and that this selloff is likely an individual decision to cash out some profits.
DocuSign’s technology-driven solutions for digital transaction management have allowed it to become a leader in its sector, and its record revenue growth over the past few quarters suggests that it will continue to do well in the near future. Investors looking for a profitable growth stock should consider adding DocuSign to their portfolios.
Related Posts
Recent Posts
