Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Doximity Inc (NYSE: DOCS) was $56.72 for the day, down -2.26% from the previous closing price of $58.03. In other words, the price has decreased by -$2.26 from its previous closing price. On the day, 1.89 million shares were traded. DOCS stock price reached its highest trading level at $58.645 during the session, while it also had its lowest trading level at $56.46.
Ratios:
Our analysis of DOCS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.86. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 01 ’25 when KIRA WAMPLER bought 7,000 shares for $57.71 per share.
Wampler Kira Scherer sold 2,000 shares of DOCS for $141,780 on Mar 03 ’25. The Director now owns 16,618 shares after completing the transaction at $70.89 per share. On Mar 03 ’25, another insider, KIRA WAMPLER, who serves as the Director of the company, bought 2,000 shares for $70.89 each.
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 10642769920 and an Enterprise Value of 9810783232. As of this moment, Doximity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 56.62, and their Forward P/E ratio for the next fiscal year is 39.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.34 while its Price-to-Book (P/B) ratio in mrq is 10.32. Its current Enterprise Value per Revenue stands at 17.832 whereas that against EBITDA is 42.87.
Stock Price History:
The Beta on a monthly basis for DOCS is 1.41, which has changed by 1.2070038 over the last 52 weeks, in comparison to a change of 0.08089435 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 -12.96%, while the 200-Day Moving Average is calculated to be 20.40%.
Shares Statistics:
DOCS traded an average of 2.45M shares per day over the past three months and 2597420 shares per day over the past ten days. 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 1741910400 were 6095810 with a Short Ratio of 2.49, compared to 1739491200 on 4877911. Therefore, it implies a Short% of Shares Outstanding of 6095810 and a Short% of Float of 4.7.
