DocuSign (NASDAQ:DOCU) Issues Quarterly Earnings Results, Beats Estimates By $0.17 EPS

DocuSign (NASDAQ:DOCU) released its earnings results on Thursday. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.17, Briefing.com reports. The firm 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 for the quarter was up 7.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.09 earnings per share. DocuSign updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

DocuSign Price Performance

NASDAQ:DOCU opened at $59.19 on Friday. DocuSign has a 12 month low of $38.11 and a 12 month high of $64.76. The business’s 50-day moving average is $55.44 and its two-hundred day moving average is $55.86. The firm has a market capitalization of $12.12 billion, a PE ratio of 113.83, a price-to-earnings-growth ratio of 9.74 and a beta of 0.93.

Insider Transactions at DocuSign

In related news, insider James P. Shaughnessy sold 1,800 shares of the firm’s stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $50.98, for a total transaction of $91,764.00. Following the sale, the insider now directly owns 35,703 shares in the company, valued at approximately $1,820,138.94. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other DocuSign news, CEO Allan C. Thygesen sold 7,725 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $54.89, for a total value of $424,025.25. Following the transaction, the chief executive officer now owns 109,918 shares in the company, valued at approximately $6,033,399.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider James P. Shaughnessy sold 1,800 shares of the stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of $50.98, for a total value of $91,764.00. Following the transaction, the insider now owns 35,703 shares of the company’s stock, valued at $1,820,138.94. The disclosure for this sale can be found here. Insiders sold 482,418 shares of company stock valued at $25,524,100 over the last quarter. Company insiders own 1.66% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Morgan Stanley cut their price objective on shares of DocuSign from $65.00 to $62.00 and set an “equal weight” rating on the stock in a report on Friday, June 7th. Robert W. Baird increased their price target on shares of DocuSign from $55.00 to $59.00 and gave the stock a “neutral” rating in a research note on Friday. Needham & Company LLC reissued a “hold” rating on shares of DocuSign in a research note on Friday. Citigroup upped their price objective on DocuSign from $86.00 to $87.00 and gave the stock a “buy” rating in a report on Friday. Finally, Piper Sandler lowered their price target on DocuSign from $65.00 to $60.00 and set a “neutral” rating for the company in a research report on Friday, June 7th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, DocuSign has a consensus rating of “Hold” and an average price target of $61.45.

About DocuSign

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.