With 1.45 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.36 million shares. The 52-week range on DOCU shows that it touched its highest point at $107.86 and its lowest point at $48.70 during that stretch. It currently has a 1-year price target of $92.00. Beta for the stock currently stands at 1.13.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DOCU was down-trending over the past week, with a drop of -4.44%, but this was up by 10.92% over a month. Three-month performance surged to 3.06% while six-month performance rose 10.41%. The stock gained 43.02% in the past year, while it has lost -3.79% so far this year. A look at the trailing 12-month EPS for DOCU yields 5.11 with Next year EPS estimates of 3.84. For the next quarter, that number is 0.81. This implies an EPS growth rate of -1.74% for this year and 10.07% for next year.
Float and Shares Shorts:
At present, 202.48 million DOCU shares are outstanding with a float of 200.39 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DOCU since 18 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 10 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.91792 being high and $2.818 being low. For DOCU, this leads to a yearly average estimate of $2.86796. Based on analyst estimates, the high estimate for the next quarter is $0.91 and the low estimate is $0.75. The average estimate for the next quarter is thus $0.83.
