Doximity Inc [DOCS] stock is trading at $41.74, down -0.60%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DOCS shares have gain 0.65% over the last week, with a monthly amount drifted -4.02%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Doximity Inc [NYSE: DOCS] stock has seen the most recent analyst activity on October 15, 2024, when Barclays upgraded its rating to a Overweight and also boosted its price target to $52 from $35. Previously, Needham upgraded its rating to Buy on August 09, 2024, and kept the price target unchanged to $38. On July 18, 2024, downgrade downgraded it’s rating to Underweight and revised its price target to $19 on the stock. JP Morgan upgraded its rating to a Neutral but stick to its price target of $25 on April 25, 2024. Leerink Partners initiated its recommendation with a Market Perform and recommended $32 as its price target on February 26, 2024. Barclays started tracking with a Equal Weight rating for this stock on January 03, 2024, and assigned it a price target of $31. In a note dated January 02, 2024, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $21 to $29.
Doximity Inc [DOCS] stock has fluctuated between $19.89 and $44.88 over the past year. Currently, Wall Street analysts expect the stock to reach $39.29 within the next 12 months. Doximity Inc [NYSE: DOCS] shares were valued at $41.74 at the most recent close of the market. An investor can expect a potential drop of -5.87% based on the average DOCS price forecast.
Analyzing the DOCS fundamentals
Doximity Inc [NYSE:DOCS] reported sales of 493.63M for the trailing twelve months, which represents a growth of 16.79%. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.41%, and Net Profit Margin reading is 0.33%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.18 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 41.25 points at the first support level, and at 40.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.02, and for the 2nd resistance point, it is at 42.29.
Ratios To Look Out For
For context, Doximity Inc’s Current Ratio is 6.69. In addition, the Quick Ratio stands at 6.69 and the Cash Ratio stands at 0.82. Considering the valuation of this stock, the price to sales ratio is 15.70, the price to book ratio is 8.48 and price to earnings (TTM) ratio is 52.48.
Transactions by insiders
Recent insider trading involved Wampler Kira Scherer, Director, that happened on Oct 01 ’24 when 2500.0 shares were sold. Director, KIRA WAMPLER completed a deal on Oct 01 ’24 to buy 2500.0 shares. Meanwhile, Director Wampler Kira Scherer sold 2500.0 shares on Sep 03 ’24.
