DOCUSIGN (DOCU)
EARNINGS RELEASE - SEPTEMBER 3 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .08/share REV: 318.6/M
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NEXT QTR: EPS: .12/share REV: 335.1/M
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FULL YR: EPS: .48/share REV: 1,320/M
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LAST QTR: EPS: .10/share ACTUAL: .12/share (BEAT)
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BEAT/MISS RECORD: 50% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -6.28, 15.81, 9.13
EXPECTED JUMP MOVE THIS QUARTER: 10%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before tradin
Links To Latest News and Headlines
Jim Cramer makes note of DocuSign in his Real Money column as one of the stocks seemingly made for the pandemic. In this updated daily bar chart of DOCU, below, we can see that prices traded back up above the 50-day and 200-day moving average lines but recently slipped back below. Trading volume has been on the light side and the On-Balance-Volume (OBV) line moved up from late March into April.
As a deal with all 50 states heats up its rivalry with DocuSign, Adobe stock breaks out and joins Microsoft and ServiceNow on list of top growth stocks.
DocuSign (DOCU) closed the most recent trading day at $231.93, moving -0.54% from the previous trading session.
ALOT vs. DOCU: Which Stock Is the Better Value Option?
DocuSign (NASDAQ: DOCU) is the undisputed leader in the e-signature space, but the company is rapidly expanding its capabilities to capture share in a much larger market. Recent acquisitions and product developments are enabling DocuSign to provide a full contract management suite to customers, potentially doubling the company’s addressable market. DocuSign’s current economic moat is narrow, but its switching costs are high enough to play a major role in protecting its roughly 70% market share over competitors like Adobe (NASDAQ: ADBE).
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Avg Daily Volume: 4,886,514 Market Cap: 39.36B
Sector: Technology Short Interest: None
Ticker delayed 20 minutes
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by Team Stockjumpers