, docu Sign went public on April 27, 2018, on the Nasdaq exchange. The stock trades under the ticker symbol “DOCU.” The company raised $629 million in its IPO.
Fifteen years after it was founded in Seattle, digital signature pioneer Docu. Sign on Wednesday registered to become a publicly traded company, joining a growing list of technology companies looking to start trading on Wall Street this year.
, docu Sign’s S-1 filing, which initiates the process of going public, appeared online on March 28. On April 17 the company revised the filing and estimated that its stock would price between $24 per share and $26 per share. And on Wednesday Docu. Sign revised it again and bumped up the range to $26 per share to $28 per share.
Is DocuSign a good stock?
Yahoo Finance notes that of eight analysts, two consider the stock a strong buy, three consider it a buy, and three consider it a hold . This gives the stock an overall recommendation rating that falls between “buy” and “strong buy,” which suggests that Docu. Sign stock is probably a good investment for the future.
How to buy DocuSign stock?
, key points The company’s fiscal second-quarter revenue and earnings per share both easily beat analyst estimates. Its long-term growth story remains promising. The e-signature specialist’s free cash flow is surging.
The market is not very pleased with Docu, and sign. Its stock is trading at $144.88 with presented is illustrative and educational, but should not be regarded as a complete analysis nor recommendation to buy or sell the securities mentioned herein.
Yet, with slowing growth, this is expected. And on top of this, Docu. Sign stock is still non-profitable, with a net loss of $5.68 million, compared to a loss of $58.49 million last year at this time.
When was DocuSign founded?
, docu Sign was founded in 2003 by Court Lorenzini, Tom Gonser and Eric Ranft. Tom Gonser came up with the idea when he was at Net. Update, a company he founded in 1998 and where he served as CEO.
Who are DocuSign’s largest shareholders?
In April 2018, Docu. Sign filed for an initial public offering. At the time of the IPO, the largest shareholders were venture investment firms Sigma Partners, Ignition Partners, Frazier Technology Ventures, and former CEO Keith Krach was the largest individual shareholder.
How did DocuSign perform in the fiscal 4th quarter?
Despite the stock’s sharp pullback on Friday, the company’s fiscal fourth-quarter results were actually quite impressive., docu Sign’s revenue rose 35% year over year during the period, hitting approximately $581 million. This was ahead of analysts’ average forecast for revenue of $561 million.