JUMP REPORT
| Avg Daily Volume: 3,228,388 Market Cap: 12.53B Sector: Technology Short Interest: 7.83 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .03/share REV: 239.8/M
___________________________________________________________
LAST QTR: EPS: .04/share ACTUAL: .01/share (MISS)
____________________________________________________________
NEXT QTR: EPS: .05/share REV: 260.4/M
______________________________________________________
FULL YR: EPS: .16/share REV: 950.9/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
______________________________________________________
BEAT/MISS RECORD: 40% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 0, -16.5, -4.29
EXPECTED JUMP MOVE: 12%
Links To Latest News and Headlines
DocuSign, Inc (NASDAQ: DOCU) announced a Board-approved reduction-in-force of roughly 9% of its workforce yesterday. Needham analyst Scott Berg reiterated a Hold on the stock. He believes the move right-sizes Docusign’s operations for near-term growth he expects to remain materially below pandemic levels. However, he found the timing a bit interesting, given that newly announced CEO Allan Thygesen has yet to start. The analyst assumed the new CEO fully consulted and signed off on the plan since
Yahoo Finance Live anchors discuss stock performance for Apple, Coinbase, and DocuSign after the latest analyst ratings from Wall Street.
DocuSign, Inc (NASDAQ: DOCU) revealed a restructuring plan under new CEO Allan Thygesen. DocuSign plans to cut around 9% of its workforce, entailing a charge of $30 million – $40 million, to “improve operating margin and support the company’s growth, scale and profitability objectives.” The company said it should have the plan “substantially completed” by the end of its current fiscal year. Also Read: Lyft Is Braced For More Tougher Stance As Slowdown Concerns Weigh Last week, DocuSign named All
Shares of e-signature company DocuSign (NASDAQ: DOCU) popped on Wednesday after the company announced a plan to restructure its business. As of 10:30 a.m. ET, DocuSign stock was up almost 5%. According to a filing with the Securities and Exchange Commission (SEC) this morning, DocuSign is restructuring its business by laying off about 9% of its workers.
The e-signatures company has seen growth slow in recent quarters. A new restructuring plan follows a recent CEO change.
StockJumpers analysis and trade plans are uploaded generally 1 HOUR (3PM EST) for most events.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.
NOTICE: All data on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.