Closing Bell Recap: Doximity Inc (DOCS) Ends at 62.69, Reflecting a 2.25 Upturn

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Doximity Inc (NYSE: DOCS) closed the day trading at $62.69 up 2.25% from the previous closing price of $61.31. In other words, the price has increased by $2.25 from its previous closing price. On the day, 1.69 million shares were traded. DOCS stock price reached its highest trading level at $63.8678 during the session, while it also had its lowest trading level at $61.18.

Ratios:

For a better understanding of DOCS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.69. For the most recent quarter (mrq), Quick Ratio is recorded 8.67 and its Current Ratio is at 8.67. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on February 07, 2025, Upgraded its rating to Overweight and sets its target price to $78 from $31 previously.

On February 07, 2025, Leerink Partners Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $60 to $90.

On December 20, 2024, Stephens started tracking the stock assigning a Equal-Weight rating and target price of $55.Stephens initiated its Equal-Weight rating on December 20, 2024, with a $55 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 03 ’25 when Wampler Kira Scherer sold 2,000 shares for $70.89 per share. The transaction valued at 141,780 led to the insider holds 16,618 shares of the business.

KIRA WAMPLER bought 2,000 shares of DOCS for $141,780 on Mar 03 ’25. On Feb 12 ’25, another insider, Yang Watkin Phoebe L., who serves as the Director of the company, sold 2,889 shares for $75.19 each. As a result, the insider received 217,209 and left with 14,729 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 11762962432 and an Enterprise Value of 10930976768. As of this moment, Doximity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.58, and their Forward P/E ratio for the next fiscal year is 44.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.38 while its Price-to-Book (P/B) ratio in mrq is 11.40. Its current Enterprise Value per Revenue stands at 19.868 whereas that against EBITDA is 47.765.

Stock Price History:

The Beta on a monthly basis for DOCS is 1.38, which has changed by 1.2373304 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, DOCS has reached a high of $85.21, while it has fallen to a 52-week low of $22.96. The 50-Day Moving Average of the stock is -1.53%, while the 200-Day Moving Average is calculated to be 37.36%.

Shares Statistics:

Over the past 3-months, DOCS traded about 2.46M shares per day on average, while over the past 10 days, DOCS traded about 2083320 shares per day. A total of 133.45M shares are outstanding, with a floating share count of 129.64M. Insiders hold about 30.91% of the company’s shares, while institutions hold 61.82% stake in the company. Shares short for DOCS as of 1740700800 were 5013193 with a Short Ratio of 2.04, compared to 1738281600 on 5639695. Therefore, it implies a Short% of Shares Outstanding of 5013193 and a Short% of Float of 3.8699999999999997.

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