Doximity Inc (NYSE: DOCS) is -4.03% lower on its value in year-to-date trading and has touched a low of $22.96 and a high of $85.21 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 $54.58 in the last trading session, with the day’s loss setting it -3.34%.
Currently trading at $51.24, the stock is -15.61% and -21.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.94 million and changing -6.12% at the moment leaves the stock 7.89% off its SMA200. DOCS registered 99.38% gain for a year compared to 6-month gain of 17.82%. The firm has a 50-day simple moving average (SMA 50) of $65.0934 and a 200-day simple moving average (SMA200) of $47.4915.
The stock witnessed a -22.32% loss in the last 1 month and extending the period to 3 months gives it a -4.33%, and is -12.43% 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 5.43% over the week and 4.93% over the month.
Doximity Inc (DOCS) has around 827 employees, a market worth around $9.61B and $550.17M in sales. Current P/E ratio is 51.15 and Fwd P/E is 36.06. Profit margin for the company is 36.60%. Distance from 52-week low is 123.17% and -39.87% from its 52-week high. The company has generated returns on investments over the last 12 months (19.33%).
with sales reaching $134.02M over the same period.The EPS is expected to grow by 37.77% this year, but quarterly earnings will post 19.06% year-over-year. Quarterly sales are estimated to grow 13.52% in year-over-year returns.
Doximity Inc (DOCS) Top Institutional Holders
590.0 institutions hold shares in Doximity Inc (DOCS), with institutional investors hold 91.62% of the company’s shares. The shares outstanding are 133.45M, and float is at 129.64M with Short Float at 4.70%. Institutions hold 89.65% 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 5.8002% 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 3.7296% and valued at over $193.62 million, while WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC holds 3.4503 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 Wampler Kira Scherer, the company’s Director. SEC filings show that Wampler Kira Scherer sold 7,000 shares of the company’s common stock on Apr 01 ’25 at a price of $57.71 per share for a total of $0.4 million. Following the sale, the insider now owns 16618.0 shares.
Still, SEC filings show that on Mar 03 ’25, Wampler Kira Scherer (Director) disposed off 2,000 shares at an average price of $70.89 for $0.14 million. The insider now directly holds 16,618 shares of Doximity Inc (DOCS).
