, docu Sign stock has a forward price-sales ratio, based on analysts’ average 2020 sales estimate, of about 18. That makes the shares very expensive. Since the stock has a very steep valuation, and the company is vulnerable to competition, I would recommend selling the shares.
The most common answer is: after all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market. *.
, docu Sign has a head start over the competition and has become synonymous with digital signatures. The company is also making inroads into areas such as contract management, enabling companies to manage the agreement process end-to-end digitally. The company’s revenues are also likely to be very sticky since they are largely subscription-based.
Is DocuSign a buy or sell signal?
, the docu Sign, Inc. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
Is DocuSign’s stock up 43% over the last month?
Online signature company Docu. Sign’s stock (NASDAQ: DOCU) is up by a solid 43% over the last month (21 trading days) and remains up by almost 16% year-to-date.
Stockchase rating for Docusign is calculated according to the stock experts’ signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
In its fiscal 2022 third quarter (which ended Oct. 31), Docu. Sign’s year-over-year revenue growth was 42%. This was a continuation of a trend. Its revenue has increased sequentially in every quarter since the beginning of 2019, and it has produced year-over-year revenue growth of between 37% and 58% over that same timeframe.
Is docu a sell or buy on Robinhood?
Today DOCU ranks #10159 as sell candidate. Get a Free Stock at Robinhood Which way will DOCU go? Us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
Is DocuSign (docu) poised to recover?
Based on our machine learning analysis of trends in the stock price over the last four years, there is a 76% chance of a rise in DOCU stock over the next month (twenty-one trading days). See our analysis on Docu. Sign Stock Chance Of Rise for more details.