The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. DocuSign (DOCU) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. DocuSign is one of 312 individual stocks in the Business Services sector. Collectively, these companies sit at #5 in the Zacks Sector R ...

Docusign, Inc. (DOCU) remains focused on continuously acquiring eSignature customers, improving its offerings and popularizing other Agreement Cloud products to new and existing customers. The company reported impressive second-quarter fiscal 2025 results, with earnings and revenues surpassing the Zacks Consensus Estimates. EPS (excluding $3.29 from non-recurring items) came in at 97 cents, which surpassed the consensus estimate by 21.3% and increased 34.7% year over year. Total revenues of $736 million bea ...

DocuSign stock has been rallying over the past 12 months but it's still nowhere near the highs it reached in 2021. DocuSign (DOCU 3.53%) is a stock that's taken a significant beating in recent years. The surge in demand it experienced during the early stages of the pandemic is long over and investors have become much more bearish on its future growth prospects, questioning just how attractive the company's opportunities truly will be in the long run, especially with loads of competition. The company has bee ...

DocuSign (DOCU, Financial) shares surged by 7.81% following the announcement of its addition to the S&P Midcap 400 index. The stock is trading at $67.68, gaining attention from institutional investors who typically adjust their portfolios to reflect index compositions, thereby driving the share price upward. DocuSign's inclusion in the S&P Midcap 400 highlights the company's growing prominence in the technology sector. The announcement also aligns with the reshuffle where MDU Resources will move from the Mi ...

Market Reaction and Index Inclusion - DocuSign shares surged as much as 9 3% and were still up 8% by 12 50 p m ET on Tuesday following the announcement of its inclusion in a major stock market index [1] - The company will join the S&P Midcap 400 replacing MDU Resources Group effective October 11 [2] - Stocks often gain initially when joining benchmark indexes as funds and institutional investors must buy shares to replicate their holdings [3] Financial Performance and Growth - For the first six months of fiscal 2025 ended July 31 DocuSign's revenue grew 7% year over year [5] - Adjusted earnings per share EPS excluding a one-time tax benefit increased by 24% during the same period [5] AI Integration and Competitive Edge - DocuSign's Intelligent Agreement Management leverages advanced AI for third-party identification verification and additional services [6] - The integration of AI within DocuSign's services is seen as a potential game changer for customers managing hundreds or thousands of contracts [6] Valuation and Investment Perspective - DocuSign stock is currently trading at 14 times earnings significantly lower than the S&P 500's multiple of 30 [7] - The stock has risen 61% over the past year as the company embraced the AI revolution despite losing 86% of its value post-pandemic [4]

Information technology company DocuSign (DOCU, Financial) saw its stock price jump over 9.3% during early trading, reaching a peak of $68.63. The surge followed the announcement that DocuSign will be included in the S&P MidCap 400 Index, with the change taking effect shortly. ...

DocuSign Inc (NASDAQ:DOCU) stock is trading at 52-week highs today, on news that the e-signature company is joining the S&P MidCap 400, effective Oct. 11. DOCU will replace MDU Resources (MDU), which moving to the S&P SmallCap 600. At last glance, DocuSign stock was up 8% at $67.80, hitting its highest levels since February 2023. Should these gains hold, the equity will mark its largest single-day percentage gain since its Jan. 11 move of 9.3%. Since the start of the year, DOCU is up 14.4%. Options bulls ar ...

Key Takeaways Shares of DocuSign and MDU Resources Group advanced Tuesday, a day after S&P Global announced changes to its indexes. DocuSign will replace MDU Resources Group in the S&P MidCap 400 index, while MDU Resources will replace Chuy Holdings in the S&P SmallCap 600 index. The changes will take effect before trading begins on Friday. Shares of DocuSign (DOCU) and MDU Resources Group (MDU) advanced 8% and 4%, respectively, soon after markets opened Tuesday, a day after S&P Global announced changes to ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year. With a focus on tech and "the Great Energy Transition (including uranium)", Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outst ...

NEW YORK, Oct. 7, 2024 /PRNewswire/ -- DocuSign Inc. (NASD:DOCU) will replace MDU Resources Group Inc. (NYSE:MDU) in the S&P MidCap 400, and MDU Resources Group will replace Chuy's Holdings Inc. (NASD:CHUY) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, October 11. S&P 500 constituent Darden Restaurants Inc. (NYSE: DRI) is acquiring Chuy's Holdings in a deal expected to be completed soon, pending final closing conditions. MDU Resources announced its intention to spin-off a comp ...