DocuSign (NASDAQ:DOCU) Posts Earnings Results, Beats Expectations By $0.17 EPS

DocuSign (NASDAQ:DOCU) issued its quarterly earnings data on Thursday. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.80 by $0.17, Briefing.com reports. The business had revenue of $736.03 million for the quarter, compared to the consensus estimate of $727.20 million. DocuSign had a return on equity of 15.44% and a net margin of 3.81%. The firm’s revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.09 EPS. DocuSign updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

DocuSign Trading Down 0.9 %

Shares of DOCU stock opened at $56.93 on Friday. The firm’s fifty day moving average price is $55.32 and its two-hundred day moving average price is $55.80. DocuSign has a 1 year low of $38.11 and a 1 year high of $64.76. The firm has a market capitalization of $11.65 billion, a P/E ratio of 109.48, a PEG ratio of 9.74 and a beta of 0.93.

Insider Transactions at DocuSign

In related news, insider Robert Chatwani sold 14,799 shares of the stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of $52.17, for a total transaction of $772,063.83. Following the completion of the transaction, the insider now directly owns 68,083 shares of the company’s stock, valued at $3,551,890.11. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Robert Chatwani sold 14,799 shares of the business’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of $52.17, for a total transaction of $772,063.83. Following the transaction, the insider now directly owns 68,083 shares in the company, valued at $3,551,890.11. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Allan C. Thygesen sold 7,725 shares of the stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $59.09, for a total transaction of $456,470.25. Following the completion of the sale, the chief executive officer now owns 102,193 shares of the company’s stock, valued at approximately $6,038,584.37. The disclosure for this sale can be found here. Insiders sold a total of 482,418 shares of company stock worth $25,524,100 in the last three months. Insiders own 1.66% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on DOCU. Royal Bank of Canada lowered their price target on DocuSign from $59.00 to $52.00 and set a “sector perform” rating for the company in a report on Friday, June 7th. Needham & Company LLC reissued a “hold” rating on shares of DocuSign in a research note on Friday. Robert W. Baird lifted their price target on shares of DocuSign from $55.00 to $59.00 and gave the company a “neutral” rating in a research note on Friday. Citigroup lowered their price objective on shares of DocuSign from $93.00 to $86.00 and set a “buy” rating for the company in a research report on Wednesday, June 5th. Finally, Bank of America dropped their price objective on shares of DocuSign from $72.00 to $60.00 and set a “neutral” rating on the stock in a report on Friday, June 7th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, DocuSign currently has a consensus rating of “Hold” and an average target price of $59.73.

DocuSign Company Profile

DocuSign, Inc provides electronic signature solution in the United States and internationally. The company provides e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; Document Generation streamlines the process of generating new, custom agreements; and Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce.