DocuSign, Inc.

DocuSign, Inc. (NASDAQ: DOCU) provides the Agreement Cloud. This comprehensive cloud-based software suite allows users to automate the agreement process and provide legally binding e-signature from nearly any device. It makes money by selling subscriptions and professional and other non-subscription services.

Key Highlights

• The company reported a 49.33% increase in total revenues to USD 1.53 billion during 9MFY22 (ended October 31, 2021) compared to USD 1.02 billion during 9MFY21.
• DOCU reported a decline in net losses to USD 39.53 million during 9MFY22 from USD 170.86 million during 9MFY21.
• DOCU non-GAAP billings improved to USD 1.69 billion during 9MFY22 vs. USD 1.19 billion during 9MFY21.
• The company's EBITDA margins improved to 3.1% in Q3FY22 from -0.3% in Q2FY22. However, it is operating at a Debt/Equity ratio of 3.05x as of Q3FY22 compared to the industry median of 0.16x.
• The stock is currently trading below its key short-term (50-day) and long-term (200-day) DMA support levels, with the RSI Index at 28.61, indicating an oversold zone.
• It is leaning towards the lower band of the 52-week range of USD 131.51 to USD 314.76.
• Its stock price has declined 43.20% and 45.26% in the past one and three months, respectively.

Technical Price Chart (as of December 15, 2021). Analysis by Kalkine

Conclusion: Considering the significant debt, negative bottom line, and technical indicators, we recommend a "Watch" rating on the stock at the current price of USD 149.78, up 3.68% as of December 15, 2021, at 3:13 PM ET.

*The reference data in this report has been partly sourced from REFINITIV.

Whiting Petroleum Corporation

Whiting Petroleum Corporation (NYSE: WLL) is an independent oil and gas firm primarily focused on the development, production, and acquisition of crude oil, natural gas, and natural gas in the United States' Rocky Mountain region.

Key Highlights

• The company reported YoY growth of 83% in net revenues to USD 1.06 billion in 9MFY21 (ended September 30, 2021) compared to USD 520.09 million in 9MFY20.
• WLL reported a net income of USD 135.73 million in 9MFY21 vs. a net loss of USD 3.93 billion in 9MFY20.
• On November 04, 2021, the company declared a quarterly distribution of USD 0.218464 per unit holder, paid on November 29, 2021, to shareholders of record on November 19, 2021.
• Significantly high net margin 49.4% in Q3FY21 vs. industry median of 9.5%.
• Its ROE was 15.6% in Q3FY21 vs. the industry median of 2.8%.
• Stock is currently trading between its crucial short-term (50-day) and long-term (200-day) DMA support levels.
• The stock is leaning towards the higher end of its 52-week range of USD 19.75 to USD 71.61.
• WLL's stock price has increased 83.39% in the past nine months.

Technical Price Chart (as of December 15, 2021). Analysis by Kalkine

Conclusion: Considering the surge in the topline, macroeconomic factors, and technical indicators, we recommend a "Watch" rating on the stock at the closing price of USD 64.04, up 0.49%, as of December 15, 2021.

*The reference data in this report has been partly sourced from REFINITIV.