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The price of Doximity Inc (NYSE: DOCS) closed at $27.50 in the last session, up 4.29% from day before closing price of $26.37. In other words, the price has increased by $4.29 from its previous closing price. On the day, 2.41 million shares were traded. DOCS stock price reached its highest trading level at $27.7071 during the session, while it also had its lowest trading level at $26.3.
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 6.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.60. For the most recent quarter (mrq), Quick Ratio is recorded 6.17 and its Current Ratio is at 6.17. 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:
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 Jul 01 ’24 when Wampler Kira Scherer sold 2,500 shares for $28.00 per share. The transaction valued at 70,000 led to the insider holds 10,258 shares of the business.
Bryson Anna sold 30,000 shares of DOCS for $900,006 on Jun 12 ’24. The Chief Financial Officer now owns 288,685 shares after completing the transaction at $30.00 per share. On Jun 12 ’24, another insider, Cabral Timothy S, who serves as the Director of the company, sold 10,000 shares for $30.00 each. As a result, the insider received 300,000 and left with 10,258 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 5099214848 and an Enterprise Value of 4350856704. As of this moment, Doximity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.12, and their Forward P/E ratio for the next fiscal year is 25.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.73 while its Price-to-Book (P/B) ratio in mrq is 5.69. Its current Enterprise Value per Revenue stands at 9.152 whereas that against EBITDA is 24.439.
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 3.15%, while the 200-Day Moving Average is calculated to be 6.31%.
Shares Statistics:
According to the various share statistics, DOCS traded on average about 1.64M shares per day over the past 3-months and 1502560 shares per day over the past 10 days. A total of 124.10M shares are outstanding, with a floating share count of 118.61M. Insiders hold about 36.03% of the company’s shares, while institutions hold 55.91% stake in the company. Shares short for DOCS as of 1718323200 were 12549632 with a Short Ratio of 7.65, compared to 1715731200 on 12979400. Therefore, it implies a Short% of Shares Outstanding of 12549632 and a Short% of Float of 11.85.
