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Doximity (DOCS)
NYSE:DOCS
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DOCS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.96 - $61.75
Previous Close$51.53
Volume2.34M
Average Volume (3M)1.70M
Market Cap
$9.62B
Enterprise Value$8.83B
Total Cash (Recent Filing)$805.56M
Total Debt (Recent Filing)$13.49M
Price to Earnings (P/E)59.3
Beta1.96
Next Earnings
Feb 06, 2025EPS Estimate
$0.33Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.87
Shares Outstanding186,691,761
10 Day Avg. Volume3,557,117
30 Day Avg. Volume1,700,463
Standard Deviation0.17
R-Squared0.13
Alpha-0.00485
Financial Highlights & Ratios
Price to Book (P/B)10.01
Price to Sales (P/S)17.84
Price to Cash Flow (P/CF)35.70
P/FCF Ratio36.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.08
Enterprise Value/Gross Profit20.79
Enterprise Value/Ebitda38.10
Forecast
1Y Price Target
$57.17Price Target Upside14.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Doximity News
Bulls Say, Bears Say
Bulls Say
Market Share And EngagementThe outlook for growth improvement is likely to continue, with Doximity gaining share given its high engagement by clinicians.
Operating PerformanceDoximity is executing flawlessly, beating estimates and guidance, posting record adj-EBITDA margins (55%+), and strong free cash flow production.
Revenue GrowthDoximity's revenue is expected to grow 14% in CY24, well above the expected 7% growth for digital ad spending in the HCP market.
Bears Say
Growth ExpectationsThe implied 4Q guidance suggests a notable decline in revenue growth and adjusted EBITDA margin, raising concerns about the sustainability of current growth rates.
Market DynamicsDemand mix shift toward newer modules may result in cooling uptake for the first quarter of fiscal year 2026, making quarter-on-quarter performance challenging to measure.
ValuationThe stock's premium multiple does not leave any room for error.
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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 $22.96 and its highest was $61.75 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 Feb 06, 2025 which is in 77 days.
How were Doximity’s earnings last quarter?
Doximity released its earnings results on Nov 07, 2024. The company reported $0.3 earnings per share for the quarter, beating the consensus estimate of $0.255 by $0.045.
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 $0.33.
How many shares outstanding does Doximity have?
Doximity has 128,135,990 shares outstanding.
What happened to Doximity’s price movement after its last earnings report?
Doximity reported an EPS of $0.3 in its last earnings report, beating expectations of $0.255. Following the earnings report the stock price went up 34.155%.
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 7M.
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Doximity Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$57.17 (14.57% Upside)
$57.17 (14.57% Upside)
Blogger Sentiment
Bullish
DOCS Sentiment 100%
Sector Average 72%
Sector Average 72%
Insider Transactions
Sold Shares
Worth $4.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 2.0%
Last 30 Days ▲ 4.5%
Last 30 Days ▲ 4.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
109.13%
12-Months-Change
Fundamentals
Return on Equity
19.00%
Trailing 12-Months
Asset Growth
9.06%
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
Q2 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
$57.17
▲(14.57% Upside)
Technical Analysis
Best Analysts Covering DOCS
1 Year
1 Year Success Rate
5/15 ratings generated profit
1 Year Average Return
+14.95%
reiterated a buy rating 8 days ago
Copying Vikram Kesavabhotla's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of +14.95% per trade.
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