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Docusign Inc Stock Research

DOCU

57.18USD+0.59(+1.04%)Delayedas of 23 Mar 2023, 01:26 pm

Market Summary

USD57.18+0.59
Delayedas of 23 Mar 2023, 01:26 pm
1.04%

DOCU Stock Price

DOCU RSI Chart

DOCU Valuation

Market Cap

11.8B

Price/Earnings (Trailing)

-89.07

Price/Sales (Trailing)

4.85

EV/EBITDA

-332.64

Price/Free Cashflow

30.6

DOCU Price/Sales (Trailing)

DOCU Profitability

EBT Margin

-5.12%

Return on Equity

-28.34%

Return on Assets

-4.86%

Free Cashflow Yield

3.27%

DOCU Fundamentals

DOCU Revenue

Revenue (TTM)

2.4B

Revenue Y/Y

18.33%

Revenue Q/Q

3.74%

DOCU Earnings

Earnings (TTM)

-132.8M

Earnings Y/Y

-426.18%

Earnings Q/Q

33.75%

Price Action

52 Week Range

39.57113.67
(Low)(High)

Last 7 days

-13.9%

Last 30 days

-8.6%

Last 90 days

0.4%

Trailing 12 Months

-26.2%

DOCU Financial Health

Current Ratio

1.02

DOCU Investor Care

Shares Dilution (1Y)

1.76%

Diluted EPS (TTM)

-0.67

Peers (Alternatives to Docusign)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.1T
204.1B
-1.92% -6.89%
30.81
10.18
10.38% -5.25%
239.2B
46.1B
-7.20% 4.35%
27.2
5.19
11.29% -14.28%
186.1B
31.4B
6.91% -6.75%
894.86
5.94
19.41% -85.60%
170.8B
17.6B
-11.04% -20.88%
35.91
9.7
11.54% -1.37%
20.5B
4.4B
-7.13% -28.23%
197.36
4.66
7.15% -92.46%
12.1B
-
-3.12% 49.09%
44.35
17.39
- -
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
8.9B
767.1M
-2.98% 9.04%
69.2
11.63
15.59% 16.73%
6.5B
869.9M
3.14% -9.62%
-33
7.53
13.87% -103.37%
3.0B
468.0M
2.00% -15.48%
-19.64
6.33
26.74% -70.26%
2.4B
308.3M
1.17% 7.67%
-23.16
7.93
13.75% -237.98%
SMALL-CAP
1.2B
383.7M
4.07% -32.35%
-9.91
3.24
14.43% -50.89%
1.2B
399.9M
30.95% 57.36%
-14.32
2.91
4.73% 8.15%
152.1M
317.3M
-43.48% -70.17%
-2.22
0.48
5.06% -17.52%

Financials for Docusign

Income Statement (Last 12 Months)
(In Thousands)
* denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.3%2,437,1672,337,1672,226,8272,107,2131,957,283
Gross Profit4.7%1,907,0511,820,6181,733,2021,640,7621,520,706
Operating Expenses5.8%2,019,9761,909,4701,803,5751,702,6461,582,309
  S&GA Expenses3.2%1,237,4791,199,3151,138,1051,076,527999,006
  R&D Expenses2.9%465,385452,054420,173393,362362,805
EBITDA-164.9%-33,647-12,7003,530--
EBITDA Margin-154.1%-0.01*-0.01*0.00*--
Earnings Before Taxes-21.8%-124,727-102,443-86,067-66,914-101,051
EBT Margin-16.8%-0.05*-0.04*-0.04*--
Interest Expenses-0.5%6,3546,3836,4206,44312,612
Net Income-22.3%-132,762-108,572-88,995-69,976-111,943
Net Income Margin-17.3%-0.05*-0.05*-0.04*--
Free Cahsflow-12.3%386,434440,391496,647--
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.4%2,7322,6672,5742,5412,411
  Current Assets4.0%1,4801,4231,3631,3201,207
    Cash Equivalents-0.7%633637638509504
  Net PPE5.3%196186184185178
  Goodwill-0.3%352353354355355
Liabilities0.1%2,2632,2602,2252,2662,171
  Current Liabilities3.4%1,4501,4021,3441,3721,260
Shareholder's Equity15.1%469407349276240
  Retained Earnings-4.4%-1,603-1,535-1,465-1,438-1,407
  Additional Paid-In Capital7.1%2,1081,9691,8351,7201,651
Shares Outstanding0.1%201201200199198
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-10.4%457510567506481
  Share Based Compensation6.5%511479438409374
Cashflow From Investing25.0%-152-203-154-162-176
Cashflow From Financing9.7%-156-173-280-394-177
  Buy Backs152.0%12650.000.00--

Risks for DOCU

What is the probability of a big loss on DOCU?

75.2%


Probability that Docusign stock will be more than 20% underwater in next one year

45.0%


Probability that Docusign stock will be more than 30% underwater in next one year.

41.9%


Probability that Docusign stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DOCU drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Docusign was unfortunately bought at previous high price.

Drawdowns

Returns for DOCU

Cumulative Returns on DOCU

-9.9%


3-Year Cumulative Returns

Which funds bought or sold DOCU recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-14.01
-99,921
814,079
0.02%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-75.98
-3,733,420
1,237,580
-%
2023-03-06
Rockefeller Capital Management L.P.
added
837
6,860,000
7,646,000
0.04%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
reduced
-6.25
-169
831
-%
2023-03-01
Lakewood Asset Management LLC
new
-
2,000
2,000
-%
2023-02-28
Voya Investment Management LLC
added
0.35
-18,754,700
4,763,290
0.01%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-92.44
-34,233,200
2,908,830
-%
2023-02-24
BBJS FINANCIAL ADVISORS, LLC
new
-
618,598
618,598
0.28%
2023-02-24
Garde Capital, Inc.
new
-
606,000
606,000
0.07%
2023-02-24
NATIXIS
reduced
-61.69
-22,509,200
14,821,800
0.08%

1–10 of 42

Latest Funds Activity

Are funds buying DOCU calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own DOCU
No. of Funds

Docusign News

MarketBeat

DocuSign, Inc. (NASDAQ:DOCU) Position Trimmed by Beacon ....

MarketBeat,
8 hours ago

Investor's Business Daily

Marketscreener.com

The Motley Fool

Zacks Investment Research

Schedule 13G FIlings of Docusign

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
0.4%
714,175
SC 13G/A
Feb 09, 2023
vanguard group inc
9.48%
19,056,614
SC 13G/A
Feb 07, 2023
blackrock inc.
6.7%
13,391,517
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
5.3%
10,555,002
SC 13G/A
Feb 09, 2022
vanguard group inc
7.27%
14,391,194
SC 13G/A
Feb 01, 2022
blackrock inc.
5.9%
11,588,144
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
5.3%
10,033,880
SC 13G/A
Feb 10, 2021
vanguard group inc
8.72%
16,276,093
SC 13G/A
Feb 05, 2021
blackrock inc.
6.4%
11,961,898
SC 13G
Sep 10, 2020
price t rowe associates inc /md/
7.8%
14,611,904
SC 13G/A

DOCU Fair Value

Docusign fair value in different scenarios

The table shows the Fair Value estimates for Docusign for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

2.80

-95.10%

5.94

-89.61%

15.95

-72.11%

35.20

-38.44%

65.03

13.73%
Current Inflation

2.56

-95.52%

5.33

-90.68%

13.95

-75.60%

30.26

-47.08%

55.43

-3.06%
Very High Inflation

2.26

-96.05%

4.59

-91.97%

11.60

-79.71%

24.58

-57.01%

44.48

-22.21%

Historical Docusign Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Docusign

View All Filings
Date Filed Form Type Document
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 14, 2023
3
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 10, 2023
8-K
Current Report
Mar 09, 2023
8-K
Current Report

Latest Insider Trading transactions for DOCU

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-03
Wilderotter Mary Agnes
sold (taxes)
-
-
-81.00
-
2023-03-03
Salem Enrique T
acquired
-
-
671
-
2023-03-03
Wilderotter Mary Agnes
acquired
-
-
671
-
2023-03-03
Briggs Teresa
acquired
-
-
671
-
2023-03-03
Hayes Cain A
acquired
-
-
671
-
2023-03-03
Solvik Peter
acquired
-
-
671
-
2023-03-03
Irving Blake
acquired
-
-
671
-
2023-03-03
BEER JAMES A
acquired
-
-
671
-
2023-03-01
Hayes Cain A
acquired
-
-
154
-
2023-02-28
BEER JAMES A
acquired
-
-
155
-

1–10 of 50

Daniel D. Springer
7460
DocuSign, Inc. provides electronic signature software in the United States and internationally. The company provides e-signature solution that enables businesses to digitally prepare, sign, act on, and manage agreements. It also offers CLM, which automates workflows across the entire agreement process; Insights that use artificial intelligence (AI) to search and analyze agreements by legal concepts and clauses; Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce; Negotiate for Salesforce that supports for approvals, document comparisons, and version control; Analyzer, which helps customers understand what they're signing before they sign it; and CLM+ that provide AI-driven contract lifecycle management. The company provides Guided Forms, which enable complex forms to be filled via an interactive and step-by-step process; Click that supports no-signature-required agreements for standard terms and consents; Identify, a signer-identification option for checking government-issued IDs; Standards-Based Signatures, which support signatures that involve digital certificates; Payments that enables customers to collect signatures and payment; Remote Online Notary is a solution using audio-visual and identify verification technologies to enable notarization; and Monitor using advanced analytics to track DocuSign eSignature web, mobile, and API account. It offers industry-specific cloud offerings, including Rooms for Real Estate that provides a way for brokers and agents to manage the entire real estate transaction digitally; Rooms for Mortgage, which offers digital workspace to create and close mortgages; FedRAMP, an authorized version of DocuSign eSignature for U.S. federal government agencies; and life sciences modules that support compliance with the electronic signature practices. The company sells its products through direct, partner-assisted, and Web-based sales. It serves enterprise, commercial, and small businesses. The company was incorporated in 2003 and is headquartered in San Francisco, California.

DOCU Income Statement

2022-10-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Oct. 31, 2022
Oct. 31, 2021
Revenue:    
Total revenue$ 645,463$ 545,463$ 1,856,339$ 1,526,385
Cost of revenue:    
Total cost of revenue129,542115,975398,662334,997
Gross profit515,921429,4881,457,6771,191,388
Operating expenses:    
Sales and marketing313,783275,619938,062777,110
Research and development115,934102,603354,693282,670
General and administrative85,55354,624224,587168,314
Restructuring and other related charges28,082028,0820
Total operating expenses543,352432,8461,545,4241,228,094
Loss from operations(27,431)(3,358)(87,747)(36,706)
Interest expense(1,456)(1,485)(4,737)(4,826)
Interest income and other income (expense), net820(940)(2,827)4,034
Loss before provision for (benefit from) income taxes(28,067)(5,783)(95,311)(37,498)
Provision for (benefit from) income taxes1,799(107)7,0062,033
Net loss$ (29,866)$ (5,676)$ (102,317)$ (39,531)
Net loss per share attributable to common stockholders, basic (in usd per share)$ (0.15)$ (0.03)$ (0.51)$ (0.20)
Net loss per share attributable to common stockholders, diluted (in usd per share)$ (0.15)$ (0.03)$ (0.51)$ (0.20)
Weighted-average number of shares used in computing net loss per share attributable to common stockholders, basic (in shares)201,393197,597200,569195,996
Weighted-average number of shares used in computing net loss per share attributable to common stockholders, diluted (in shares)201,393197,597200,569195,996
Other comprehensive loss:    
Foreign currency translation loss, net of tax$ (6,787)$ (4,720)$ (23,641)$ (6,142)
Unrealized losses on investments, net of tax(3,011)(415)(5,794)(711)
Other comprehensive loss(9,798)(5,135)(29,435)(6,853)
Comprehensive loss(39,664)(10,811)(131,752)(46,384)
Stock-based compensation expense included in costs and expenses    
Stock-based compensation expense  392,765290,536
Sales and marketing    
Stock-based compensation expense included in costs and expenses    
Stock-based compensation expense57,92549,663166,574134,720
Research and development    
Stock-based compensation expense included in costs and expenses    
Stock-based compensation expense35,50630,074108,68976,811
General and administrative    
Stock-based compensation expense included in costs and expenses    
Stock-based compensation expense23,38414,33858,31438,103
Restructuring and other related charges    
Stock-based compensation expense included in costs and expenses    
Stock-based compensation expense5,59005,5900
Subscription    
Revenue:    
Total revenue624,055528,5731,798,5001,473,266
Cost of revenue:    
Total cost of revenue102,52484,579315,614247,105
Subscription | Cost of revenue    
Stock-based compensation expense included in costs and expenses    
Stock-based compensation expense11,6658,09535,27221,652
Professional services and other    
Revenue:    
Total revenue21,40816,89057,83953,119
Cost of revenue:    
Total cost of revenue27,01831,39683,04887,892
Professional services and other | Cost of revenue    
Stock-based compensation expense included in costs and expenses    
Stock-based compensation expense$ 6,767$ 7,270$ 18,327$ 19,250

DOCU Balance Sheet

2022-10-31
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Oct. 31, 2022
Jan. 31, 2022
Current assets  
Cash and cash equivalents$ 632,620$ 509,059
Investments—current342,730293,763
Accounts receivable, net of allowance for doubtful accounts of $5,203 and $5,807 as of October 31, 2022 and January 31, 2022422,612440,950
Contract assets—current13,60912,588
Prepaid expenses and other current assets68,81463,236
Total current assets1,480,3851,319,596
Investments—noncurrent129,78394,938
Property and equipment, net196,127184,664
Operating lease right-of-use assets92,155126,021
Goodwill352,423355,058
Intangible assets, net75,23298,816
Deferred contract acquisition costs—noncurrent329,958311,835
Other assets—noncurrent75,52150,337
Total assets2,731,5842,541,265
Current liabilities  
Accounts payable47,17652,804
Accrued expenses and other current liabilities96,22791,377
Accrued compensation146,297160,163
Convertible senior notes—current36,9210
Contract liabilities—current1,088,1971,029,891
Operating lease liabilities—current34,71337,404
Total current liabilities1,449,5311,371,639
Convertible senior notes, net—noncurrent684,861718,487
Contract liabilities—noncurrent15,24216,725
Operating lease liabilities—noncurrent81,237126,340
Deferred tax liability—noncurrent10,4009,316
Other liabilities—noncurrent21,80723,255
Total liabilities2,263,0782,265,762
Commitments and contingencies (Note 7)
Stockholders’ equity  
Preferred stock, $0.0001 par value; 10,000 shares authorized, 0 shares issued and outstanding as of October 31, 2022 and January 31, 202200
Common stock, $0.0001 par value; 500,000 shares authorized, 201,069 shares outstanding as of October 31, 2022; 500,000 shares authorized, 198,834 shares outstanding as of January 31, 20222020
Treasury stock, at cost: 10 and 7 shares as of October 31, 2022 and January 31, 2022(1,785)(1,532)
Additional paid-in capital2,108,0621,720,013
Accumulated other comprehensive loss(34,244)(4,809)
Accumulated deficit(1,603,547)(1,438,189)
Total stockholders’ equity468,506275,503
Total liabilities and stockholders' equity$ 2,731,584$ 2,541,265