Doximity Inc (NYSE: DOCS) is -6.89% lower on its value in year-to-date trading and has touched a low of $22.96 and a high of $61.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DOCS stock was last observed hovering at around $52.10 in the last trading session, with the day’s loss setting it -2.39%.
Currently trading at $49.71, the stock is -8.97% and -4.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.4 million and changing -4.59% at the moment leaves the stock 35.07% off its SMA200. DOCS registered 74.48% gain for a year compared to 6-month gain of 80.76%. The firm has a 50-day simple moving average (SMA 50) of $52.0448 and a 200-day simple moving average (SMA200) of $36.68845.
The stock witnessed a -6.03% loss in the last 1 month and extending the period to 3 months gives it a 14.67%, and is -9.98% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.90% over the week and 4.00% over the month.
Doximity Inc (DOCS) has around 827 employees, a market worth around $9.28B and $516.85M in sales. Current P/E ratio is 57.19 and Fwd P/E is 39.33. Profit margin for the company is 33.69%. Distance from 52-week low is 116.51% and -19.50% from its 52-week high. The company has generated returns on investments over the last 12 months (17.90%).
The EPS is expected to grow by 21.26% this year.
Doximity Inc (DOCS) Top Institutional Holders
490.0 institutions hold shares in Doximity Inc (DOCS), with institutional investors hold 95.55% of the company’s shares. The shares outstanding are 128.22M, and float is at 123.70M with Short Float at 4.99%. Institutions hold 92.95% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.77 million shares valued at $301.12 million. The investor’s holdings represent 5.661% of the DOCS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.55 million shares valued at $294.98 million to account for 5.5457 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 6.92 million shares representing 3.6402% and valued at over $193.62 million, while WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC holds 3.3675 of the shares totaling 6.4 million with a market value of $179.12 million.
Doximity Inc (DOCS) Insider Activity
The most recent transaction is an insider sale by Bryson Anna, the company’s Chief Financial Officer. SEC filings show that Bryson Anna sold 100,000 shares of the company’s common stock on Nov 12 ’24 at a price of $58.42 per share for a total of $5.84 million. Following the sale, the insider now owns 0.3 million shares.
Still, SEC filings show that on Nov 12 ’24, ANNA COLLINS BRYSON (Officer) Proposed Sale 30,000 shares at an average price of $59.29 for $1.78 million. The insider now directly holds shares of Doximity Inc (DOCS).
