Docusign shares finished Friday down 19% at $75.28 following its earnings, which were released after the market closed on Thursday. Billings grew 4% from a year earlier, which was

That said, Docusign stock sells for an unchallenging valuation of only 16.6 times trailing FCF -- cheaper than that when you factor in net cash on the balance sheet. If Docusign can just find a way to goose its growth rate again, this stock could still be a buy.