Balance Sheet Insights: Doximity Inc (DOCS)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, Doximity Inc (NYSE: DOCS) closed at $23.51 up 2.26% from its previous closing price of $22.99. In other words, the price has increased by $2.26 from its previous closing price. On the day, 1.83 million shares were traded. DOCS stock price reached its highest trading level at $24.26 during the session, while it also had its lowest trading level at $23.3.

Ratios:

For a deeper understanding of Doximity Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.41. For the most recent quarter (mrq), Quick Ratio is recorded 7.97 and its Current Ratio is at 7.97. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

On February 26, 2024, Leerink Partners started tracking the stock assigning a Market Perform rating and target price of $32.

On January 03, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $31.Barclays initiated its Equal Weight rating on January 03, 2024, with a $31 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 01 ’24 when Wampler Kira Scherer sold 2,500 shares for $26.97 per share. The transaction valued at 67,425 led to the insider holds 10,258 shares of the business.

Wampler Kira Scherer sold 2,500 shares of DOCS for $69,700 on Mar 01 ’24. The Director now owns 10,258 shares after completing the transaction at $27.88 per share. On Feb 16 ’24, another insider, Overpeck Craig, who serves as the insider of the company, sold 1,500 shares for $30.02 each. As a result, the insider received 45,030 and left with 112,971 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DOCS now has a Market Capitalization of 4288882432 and an Enterprise Value of 3690696704. As of this moment, Doximity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.43, and their Forward P/E ratio for the next fiscal year is 24.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.37 while its Price-to-Book (P/B) ratio in mrq is 5.06. Its current Enterprise Value per Revenue stands at 7.881 whereas that against EBITDA is 21.723.

Stock Price History:

Over the past 52 weeks, DOCS has reached a high of $36.29, while it has fallen to a 52-week low of $19.71. The 50-Day Moving Average of the stock is -9.42%, while the 200-Day Moving Average is calculated to be -7.84%.

Shares Statistics:

For the past three months, DOCS has traded an average of 1.42M shares per day and 1258700 over the past ten days. A total of 120.68M shares are outstanding, with a floating share count of 117.86M. Insiders hold about 36.83% of the company’s shares, while institutions hold 52.33% stake in the company. Shares short for DOCS as of 1714435200 were 11460249 with a Short Ratio of 8.05, compared to 1711584000 on 9133225. Therefore, it implies a Short% of Shares Outstanding of 11460249 and a Short% of Float of 10.91.

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