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Doximity (DOCS)
NYSE:DOCS
Doximity (DOCS) Stock Price & Analysis
522 Followers
DOCS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.71 - $36.29
Previous Close$27.73
Volume1.54M
Average Volume (3M)1.68M
Market Cap
$5.14B
Enterprise Value$4.39B
Total Cash (Recent Filing)$762.90M
Total Debt (Recent Filing)$14.55M
Price to Earnings (P/E)38.4
Beta1.88
Next Earnings
Aug 06, 2024EPS Estimate
$0.22Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.72
Shares Outstanding185,425,853
10 Day Avg. Volume2,642,813
30 Day Avg. Volume1,676,684
Standard Deviation0.18
R-Squared0.12
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)6.38
Price to Sales (P/S)28.89
Price to Cash Flow (P/CF)20.10
P/FCF Ratio20.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.24
Enterprise Value/Gross Profit10.34
Enterprise Value/Ebitda22.85
Forecast
1Y Price Target
$29.20Price Target Upside5.30% Upside
Rating ConsensusHold
Number of Analyst Covering11
Doximity News
PremiumThe Fly
Doximity rises 18.1%
PremiumThe Fly
Doximity rises 19.3%
PremiumThe Fly
Doximity rises 21.3%
PremiumCompany Announcements
Doximity Shares Business Developments in New Investor PresentationBulls Say, Bears Say
Bulls Say
Financial PerformanceDoximity has outperformed its underlying market growth rate on average by approximately 85% since 2021, showcasing a robust expansion in its market presence.
Product DevelopmentThe client portal now supports purchasing and pricing capabilities, with plans for content creation and optimization later this year, enhancing Doximity's platform utility for users.
Stock BuybackDoximity repurchased $21.7 million in stock this quarter and the Board authorized a new $500 million buyback program, signaling confidence in the company's financial health.
Bears Say
Accounting PracticesJehoshaphat Research issued a short report challenging DOCS's accounting on deferred revenue recognition and its disclosure on net retention rates and ROI.
Financial VisibilityThe lack of KPIs in the model and resulting lack of financial visibility, coupled with Doximity's premium valuation relative to our coverage, holds us back from getting more positive on the name.
Revenue Growth ConcernsConcerns about F25 revenue growth and adjusted EBITDA margin guidance may spark debate.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
DOCS FAQ
What was Doximity’s price range in the past 12 months?
Doximity lowest stock price was $19.71 and its highest was $36.29 in the past 12 months.
What is Doximity’s market cap?
Currently, no data Available
When is Doximity’s upcoming earnings report date?
Doximity’s upcoming earnings report date is Aug 06, 2024 which is in 65 days.
How were Doximity’s earnings last quarter?
Doximity released its earnings results on May 16, 2024. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.201 by $0.049.
Is Doximity overvalued?
According to Wall Street analysts Doximity’s price is currently Undervalued.
Does Doximity pay dividends?
Doximity does not currently pay dividends.
What is Doximity’s EPS estimate?
Doximity’s EPS estimate is $0.22.
How many shares outstanding does Doximity have?
Doximity has 122,999,954 shares outstanding.
What happened to Doximity’s price movement after its last earnings report?
Doximity reported an EPS of $0.25 in its last earnings report, beating expectations of $0.201. Following the earnings report the stock price went up 18.071%.
Which hedge fund is a major shareholder of Doximity?
Among the largest hedge funds holding Doximity’s share is Bridgewater Associates, LP. It holds Doximity’s shares valued at 5M.
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Doximity Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$29.20 (5.30% Upside)
$29.20 (5.30% Upside)
Blogger Sentiment
Bullish
DOCS Sentiment 81%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 141.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 7.5%
Last 30 Days ▲ 7.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-9.58%
12-Months-Change
Fundamentals
Return on Equity
15.81%
Trailing 12-Months
Asset Growth
-5.02%
Trailing 12-Months
Company Description
Doximity
Doximity Inc is a digital platform for U.S. medical professionals. Its cloud-based platform provides members with tools specifically built for medical professionals, enabling them to collaborate with their colleagues, securely coordinate patient care, conduct virtual patient visits, stay up-to-date with the latest medical news and research, and manage their careers.
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DOCS Earnings Call
Q4 2024
0:00 / 0:00
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DOCS Revenue Breakdown
93.00% Subscription
7.00% Other
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DOCS Stock 12 Month Forecast
Average Price Target
$29.20
▲(5.30% Upside)
Technical Analysis
Best Analysts Covering DOCS
1 Year
1 Year Success Rate
6/11 ratings generated profit
1 Year Average Return
+1.15%
reiterated a sell rating 16 days ago
Copying Craig Hettenbach's trades and holding each position for 1 Year would result in 54.55% of your transactions generating a profit, with an average return of +1.15% per trade.
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