The Technology Services industry is part of the Business Services sector. DOCU's industry had an average PEG ratio of 2.01 as of yesterday's close. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. It is also worth noting that DOCU currently has a PEG ratio of 2.03. ![]() This represents a premium compared to its industry's average Forward P/E of 26.91. ![]() Looking at its valuation, DocuSign is holding a Forward P/E ratio of 33.53. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $602.07 million, up 17.63% from the year-ago period.įor the full year, our Zacks Consensus Estimates are projecting earnings of $1.73 per share and revenue of $2.47 billion, which would represent changes of -12.63% and +17.4%, respectively, from the prior year. On that day, DocuSign is projected to report earnings of $0.42 per share, which would represent a year-over-year decline of 10.64%. This has lagged the Business Services sector's loss of 5.33% and the S&P 500's loss of 2.28% in that time.ĭocuSign will be looking to display strength as it nears its next earnings release, which is expected to be September 8, 2022. Prior to today's trading, shares of the provider of electronic signature technology had lost 11.46% over the past month. ![]() Elsewhere, the Dow lost 0.96%, while the tech-heavy Nasdaq lost 0.13%. This change outpaced the S&P 500's 1.1% loss on the day. In the latest trading session, DocuSign (DOCU) closed at $58.57, marking a +0.98% move from the previous day.
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