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The price of Doximity Inc (NYSE: DOCS) closed at $58.05 in the last session, down -5.22% from day before closing price of $61.25. In other words, the price has decreased by -$5.22 from its previous closing price. On the day, 3.72 million shares were traded. DOCS stock price reached its highest trading level at $60.31 during the session, while it also had its lowest trading level at $56.7901.
Ratios:
We take a closer look at DOCS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.06. 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 the company, Wells Fargo on November 08, 2024, Upgraded its rating to Equal Weight and sets its target price to $41 from $19 previously.
On November 08, 2024, KeyBanc Capital Markets Upgraded its rating to Overweight which previously was Sector Weight but kept the price unchanged to $70.
Barclays Upgraded its Equal Weight to Overweight on October 15, 2024, whereas the target price for the stock was revised from $35 to $52.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 12 ’24 when Bryson Anna bought 70,000 shares for $60.00 per share.
ANNA COLLINS BRYSON bought 30,000 shares of DOCS for $1,778,846 on Nov 12 ’24. On Nov 01 ’24, another insider, Wampler Kira Scherer, who serves as the Director of the company, sold 2,500 shares for $42.00 each. As a result, the insider received 105,000 and left with 16,618 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 10837470208 and an Enterprise Value of 10642803712. As of this moment, Doximity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 66.79, and their Forward P/E ratio for the next fiscal year is 48.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.64 while its Price-to-Book (P/B) ratio in mrq is 11.28. Its current Enterprise Value per Revenue stands at 20.592 whereas that against EBITDA is 51.194.
Stock Price History:
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 36.63%, while the 200-Day Moving Average is calculated to be 82.77%.
Shares Statistics:
According to the various share statistics, DOCS traded on average about 1.71M shares per day over the past 3-months and 2366660 shares per day over the past 10 days. A total of 124.10M shares are outstanding, with a floating share count of 120.56M. Insiders hold about 34.38% of the company’s shares, while institutions hold 60.56% stake in the company. Shares short for DOCS as of 1728950400 were 10400362 with a Short Ratio of 6.38, compared to 1726185600 on 12123912. Therefore, it implies a Short% of Shares Outstanding of 10400362 and a Short% of Float of 8.58.
