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Doximity (DOCS)
NYSE:DOCS
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DOCS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$20.28 - $44.88
Previous Close$41.94
Volume556.51K
Average Volume (3M)1.70M
Market Cap
$7.79B
Enterprise Value$7.03B
Total Cash (Recent Filing)$750.49M
Total Debt (Recent Filing)$14.03M
Price to Earnings (P/E)52.7
Beta2.01
Next Earnings
Nov 07, 2024EPS Estimate
$0.26Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.80
Shares Outstanding185,660,600
10 Day Avg. Volume906,923
30 Day Avg. Volume1,698,865
Standard Deviation0.17
R-Squared0.13
Alpha-0.00485
Financial Highlights & Ratios
Price to Book (P/B)8.52
Price to Sales (P/S)15.73
Price to Cash Flow (P/CF)47.10
P/FCF Ratio49.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.24
Enterprise Value/Gross Profit16.55
Enterprise Value/Ebitda33.29
Forecast
1Y Price Target
$38.00Price Target Upside-9.74% Downside
Rating ConsensusHold
Number of Analyst Covering14
Doximity News
Bulls Say, Bears Say
Bulls Say
Advertising OpportunityInternet advertising case studies highlight potential $200M+ revenue opportunity from self-service SMB opportunity, which would translate to more than 40 points of revenue growth.
Market PositioningThe expansion from a purely programmatic sales approach to a hybrid of programmatic and self-service portal sales represents a scale growth opportunity that is not reflected in shares today.
Revenue GrowthNew products such as video modules have provided a shot in the arm, helping revenue growth in CY24.
Bears Say
Demand And Advertising RisksDoximity faces demand risk: if average daily users decline, it would be a 'recipe' for clients cutting ad spend.
Growth RisksIf the company’s growth fails to accelerate, the current multiple could prove generous relative to other software and social media/tech platform comparisons.
Valuation ConcernsA premium valuation creates an unattractive setup for the stock.
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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 $20.28 and its highest was $44.88 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 Nov 07, 2024 which is tomorrow.
How were Doximity’s earnings last quarter?
Doximity released its earnings results on Aug 08, 2024. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.223 by $0.057.
Is Doximity overvalued?
According to Wall Street analysts Doximity’s price is currently Overvalued.
Does Doximity pay dividends?
Doximity does not currently pay dividends.
What is Doximity’s EPS estimate?
Doximity’s EPS estimate is $0.26.
How many shares outstanding does Doximity have?
Doximity has 125,165,430 shares outstanding.
What happened to Doximity’s price movement after its last earnings report?
Doximity reported an EPS of $0.28 in its last earnings report, beating expectations of $0.223. Following the earnings report the stock price went up 38.737%.
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
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$38.00 (-9.74% Downside)
$38.00 (-9.74% Downside)
Blogger Sentiment
Bullish
DOCS Sentiment 80%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 22.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 7.1%
Last 30 Days ▼ 7.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
91.33%
12-Months-Change
Fundamentals
Return on Equity
16.86%
Trailing 12-Months
Asset Growth
-6.94%
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
Q1 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
$38.00
▼(-9.74% Downside)
Technical Analysis
Best Analysts Covering DOCS
1 Year
1 Year Success Rate
6/14 ratings generated profit
1 Year Average Return
+4.33%
reiterated a buy rating 3 months ago
Copying Richard Close's trades and holding each position for 1 Year would result in 42.86% of your transactions generating a profit, with an average return of +4.33% per trade.
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