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After finishing at $52.97 in the prior trading day, Doximity Inc (NYSE: DOCS) closed at $53.21, up 0.45%. In other words, the price has increased by $0.45 from its previous closing price. On the day, 0.67 million shares were traded. DOCS stock price reached its highest trading level at $53.41 during the session, while it also had its lowest trading level at $52.23.
Ratios:
Our goal is to gain a better understanding of DOCS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.70. For the most recent quarter (mrq), Quick Ratio is recorded 7.21 and its Current Ratio is at 7.21. 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 this company, Stephens on December 20, 2024, initiated with a Equal-Weight rating and assigned the stock a target price of $55.
On December 04, 2024, Mizuho started tracking the stock assigning a Neutral rating and target price of $55.
On November 15, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $58.Goldman initiated its Neutral rating on November 15, 2024, with a $58 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 Nov 12 ’24 when Bryson Anna sold 100,000 shares for $58.42 per share. The transaction valued at 5,842,248 led to the insider holds 304,506 shares of the business.
Bryson Anna bought 70,000 shares of DOCS for $4,200,000 on Nov 12 ’24. On Nov 12 ’24, another insider, ANNA COLLINS BRYSON, who serves as the Officer of the company, bought 30,000 shares for $59.29 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 9933881344 and an Enterprise Value of 9141801984. As of this moment, Doximity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 61.22, and their Forward P/E ratio for the next fiscal year is 42.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.22 while its Price-to-Book (P/B) ratio in mrq is 10.34. Its current Enterprise Value per Revenue stands at 17.688 whereas that against EBITDA is 43.974.
Stock Price History:
The Beta on a monthly basis for DOCS is 1.38, which has changed by 0.7355832 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, DOCS has reached a high of $61.75, while it has fallen to a 52-week low of $22.96. The 50-Day Moving Average of the stock is 0.74%, while the 200-Day Moving Average is calculated to be 43.09%.
Shares Statistics:
The stock has traded on average 2.01M shares per day over the past 3-months and 1558220 shares per day over the last 10 days, according to various share statistics. A total of 128.22M shares are outstanding, with a floating share count of 123.70M. Insiders hold about 33.74% of the company’s shares, while institutions hold 61.62% stake in the company. Shares short for DOCS as of 1735603200 were 6167930 with a Short Ratio of 3.08, compared to 1732838400 on 7426797. Therefore, it implies a Short% of Shares Outstanding of 6167930 and a Short% of Float of 4.97.
