Learn more about Zacks Equity Research reports. So be sure to compare a stock to its industry's growth rate when sizing up stocks from different groups. The 1 Week Price Change displays the percentage price change over the last 5 trading days using the most recently completed close to the close from 5 days before. The stock is ripe for a short squeeze, too . The monthly returns are then compounded to arrive at the annual return. It's also commonly referred to as a 'liquidity ratio'. The Zacks Sector Rank assigns a rating to each of the 16 Sectors based on their average Zacks Rank. A Software-Stock Assessment: 4 to Buy, 4 to Skip, and 2 to Sell Oct. 14, 2020 at 2:10 p.m. The Projected Sales Growth (F1/F0) looks at the estimated growth rate for the current year. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Cash flow can be found on the cash flow statement. It prompted DocuSign stock's exit at 53.54, a full point above the stop loss. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. The moment to sell shares always has to be ruled by the stop-loss (automatic or manual), In the current situation of DocuSign there is not any eligible sell setup, so DocuSign stock holders with operations in profit can keep their positions, In the last month, 8 analyst ratings were published for DocuSign. It is essentially the inverse of the P/E ratio. Averaging all price targets exposed below, the estimated price for DocuSign stock is $270.13. If you wish to go to ZacksTrade, click OK. Visit performance for information about the performance numbers displayed above. In the same way as when we have to buy shares, choosing when is the best time to sell is not a whimsy decision, and we must use our own trading strategy. 5:26 PM ET. Investors who bought DocuSign in the last year should continue holding the stock. Zacks Style Scores Education - Learn more about the Zacks Style Scores. A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry. Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. Strong Buy Stocks for November, 2020 Experts have chosen 7 stocks out of 220 Zacks Rank #1 Strong Buys that have the highest potential to increase in price quickly amid the global health crisis. These returns cover a period from January 1, 1988 through October 5, 2020. Revenue resulted of $382.9 million compared to $361.2 million estimated by market consensus. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. Volume is a useful item in many ways. This is also referred to as the cash yield. It measures a company's ability to pay short-term obligations. The following table shows the price forecasts published by analysts in the last 30 days. Others look for those that have lagged the market, believing those are the ones ripe for the biggest increases to come. The 4 week price change is a good reference point for the individual stock and how it's performed in relation to its peers. With 12 weeks representing a meaningful part of a year, this time period will show whether a stock has been enjoying strong investor demand, or if it's in consolidation, or distress. The stock sports a lofty price-to-sales ratio of 24, but this quality business is worth the price and is a buy today. Everything looks good about DocuSign -- except for the valuation. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. Find the latest DocuSign, Inc. (DOCU) stock quote, history, news and other vital information to help you with your stock trading and investing. As the name suggests, it's calculated as sales divided by assets. Its Value Score of F indicates it would be a bad pick for value investors. There’s no denying that DocuSign stock is … Of course, different industries will have different growth rates that are considered good. But they all have their place in the Growth style. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. Valuation metrics show that DocuSign Inc. may be overvalued. Why DocuSign Stock Jumped Today Evan Niu, CFA 10/5/2020 NBA player Sterling Brown agrees to $750,000 settlement with the City of Milwaukee, according to proposed resolution Stocks today are showing a bullish attitude even though the monthly jobs report sharply missed economists' expectations. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. Zacks Market Edge Highlights: Apple, Intel, Sea Ltd and DocuSign. The analyzed items go beyond simple trend analysis. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Some of the items you'll see in this category might look very familiar, while other items might be quite new to some. Do you know when is it time to sell DocuSign?. This allows the investor to be as broad or as specific as they want to be when selecting stocks. Zacks Sector Rank Education -- Learn more about the Zacks Sector Rank. A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. Debt to Capital (or D/C ratio) is the fraction of debt (including mortgages and long-term leases) to long-term capitalization. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment. As a point of reference, over the last 10 years, the median sales growth for the stocks in the S&P 500 was 14%. Be aware that these setups are not intended for shorting DocuSign stock, A golden rule is that you should not mantain a trading operation that produces greater losses than those expected by the time of the buy. Shareholder Equity (which is the difference between Total Assets and Total Liabilities) can be found on the Balance Sheet. Like the P/E ratio, a lower number is considered better. The (F1) EPS Estimate Quarterly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 12 weeks. It is the most commonly used metric for determining a company's value relative to its earnings. NYSE and AMEX data is at least 20 minutes delayed. The financial health and growth prospects of DOCU, demonstrate its potential to outperform the market. While our testing has found that a P/S ratio of <2 is the optimum range for returns, be sure to compare this ratio to its respective industry. Conversely, if the yield on stocks is higher than the 10 Yr., then stocks would be considered undervalued. The 52 week price change is a good reference point. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. Why Zoom, Square, and DocuSign Stocks Surged Today Joe Tenebruso 11/4/2020. In general, the lower the ratio is the better. In the current situation of DocuSign there is not any eligible buy setup. But you don’t want to chase shares at this price point. A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Its product portfolio includes trial, single-user, multi-user, business pro, enterprise pro, standards-based signatures, ehanko, DocuSign transaction rooms for real estate, DocuSign payments and enotary. Also, by looking at the rate of this item, rather than the actual dollar value, it makes for easier comparisons across the industry and peers. To better understand DocuSign performance you must compare its gains with other related stocks in same sector or industry.. For DocuSign, the benchmark is made against Salesforce.com, SAP SE ADS, Shopify, ServiceNow and Intuit. This is a longer-term price change metric. A P/S ratio of 2 means you're paying $2 for every $1 of sales the company makes. Regardless of the many ways investors use this item, whether looking at a stock's price change, an index's return, or a portfolio manager's performance, this time-frame is a common judging metric in the financial industry. Moreover, when comparing stocks in different industries, it can become even more important to look at the relative measures, since different stocks in different industries have different values that are considered normal. It's used by investors as a measure of financial health. DocuSign went public in April 2018 and demand for the company's stock was red-hot right out of the gate. DocuSign received 8 ratings in the last 30 days: 6 bullish, 0 bearish and 2 neutral. Want the latest recommendations from Zacks Investment Research? The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. Many investors prefer EV to just Market Cap as a better way to determine the value of a company. Cash Flow per share ($/share) calculates the amount of incoming cash vs. the amount of outgoing cash for a company. Simply, it doesn't match our recommended trading systems, "To sell or not to sell", if you are holding DocuSign stock?. A positive change in the cash flow is desired and shows that more 'cash' is coming in than 'cash' going out. Growth Style - Learn more about the Growth Style. Evan Niu, CFA (TMFNewCow) Jul 8, 2020 at … The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Current Cash Flow Growth measures the percent change in the year over year Cash Flow. A ratio of 2 means its assets are twice that of its liabilities. If the P/S ratio is 1, that means you're paying $1 for every $1 of sales the company makes. This is also useful to know when comparing a stock's daily volume (which can be found on a ticker's hover-quote) to that of its average volume. Zacks Rank Education -- Learn more about the Zacks Rank The company is … The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). Like the earnings yield, which shows the anticipated yield (or return) on a stock based on the earnings and the price paid, the cash yield does the same, but with cash being the numerator instead of earnings. www.docusign.com | Software | Founded: 2003 | Funding to Date: $558,000,000 DocuSign is changing how business gets done by empowering more than 100,000 companies and more than 50 million users in 188 countries to sign, send and manage documents anytime, anywhere and on any device. However, in the wake of its second-quarter earnings announcement, the stock was up 22.92% to $56.85 in the premarket trading session today. The Current Ratio is defined as current assets divided by current liabilities. The Sales to Assets ratio (or Sales to Total Assets or S/TA for short) shows how much sales are generated from a company's assets. This is a medium-term price change metric (like the 4 week price change). It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. If you had invested $1,000USD in DocuSign stock on Apr 2018, it would have a value of $6,150.00 today. A sector with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. And margin rates can vary significantly across these different groups. Others will look for a pullback on the week as a good entry point, assuming the longer-term price changes (4 week, 12 weeks, etc.) DocuSign Stock. In addition, DocuSign Inc. has a VGM Score of B (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). Real time prices by BATS. A D/E ratio of 1 means its debt is equivalent to its common equity. DocuSign, Inc. is a public company trading in the US stock market with the DOCU symbol. In short, this is how much a company is worth. Lillian Currens Deputy Editor Oct 10, 2019 at 11:40 AM DOCU; Last time this technical signal sounded, DocuSign … That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Using this item along with the 'Current Cash Flow Growth Rate' (in the Growth category above), and the 'Price to Cash Flow ratio' (several items above in this same Value category), will give you a well-rounded indication of the amount of cash they are generating, the rate of their cash flow growth, and the stock price relative to its cash flow. Zacks' proprietary data indicates that DocuSign Inc. is currently rated as a Zacks Rank 3 and we are looking for an inline return from the DOCU shares relative to the market in the next few months. The Cash/Price ratio is calculated as cash and marketable securities per share divided by the stock price. For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. Shares are soaring to new highs -- is it too late for investors to get on board? The quarter's results are fantastic, and the 'accelerating growth' is quite impressive to say the least. If, on the other hand, it went from $1.00 to 90 cents, that would be a -10% change in the consensus estimate revision. See the Full List of Stocks To Beat Earnings. Aside from using absolute numbers, however, you can also find value by comparing the P/E ratio to its relevant industry and its peers. But note, different industries have different margin rates that are considered good. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A. It is used to help gauge a company's financial health. DocuSign broke out. The 1 week price change reflects the collective buying and selling sentiment over the short-term. The Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. Stocks2.com is the right place to find stocks to buy and buy points in the US stock market. We use cookies to understand how you use our site and to improve your experience. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. The 20 day average establishes this baseline. In this case, it's the cash flow growth that's being looked at. DocuSign had different price predictions issued by market analysts in the last 30 days forecasting the target price to $270.13. DocuSign stock is supported by an incredibly relevant business. This is a medium-term price change metric. DocuSign Stock Will Run Higher While Countless … This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. ZacksTrade and Zacks.com are separate companies. While the F1 consensus estimate and revision is a key driver of stock prices, the Q1 consensus is an important item as well, especially over the short-term, and particularly as a stock approaches its earnings date. DocuSign made public its financial report on December 3. Using rules to determine when to sell stocks is essential to fighting emotions. Since then, DOCU stock has risen by 515.00%, with an average of 257.50% per year. This longer-term historical perspective lets the user see how a company has grown over time. Analysts forecast of $0.21, that is a 4.55% less than previous quarter. For example, a regional bank would be classified in the Finance Sector. There are currently 4 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The median P/B ratio for stocks in the S&P is just over 3. Like most ratios, this number will vary from industry to industry. It takes the consensus sales estimate for the current fiscal year (F1) divided by the sales for the last completed fiscal year (F0) (actual if reported, the consensus if not). Value Style - Learn more about the Value Style. Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another. When the moves for so long below 70 and above 30, without indicating moments of overvaluation and undervaluation, the indicator loses its usefulness, and we are now in such a case. This list of both classic and unconventional valuation items helps separate which stocks are overvalued, rightly lowly valued, and temporarily undervalued which are poised to move higher. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. A strong cash flow is important for covering interest payments, particularly for highly leveraged companies. 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