Doximity Inc (NYSE: DOCS) on Friday, plunged -0.73% from the previous trading day, before settling in for the closing price of $53.39. Within the past 52 weeks, DOCS’s price has moved between $22.96 and $61.75.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 43.01%. The company achieved an average annual earnings per share of 20.94%. With a float of $123.60 million, this company’s outstanding shares have now reached $124.10 million.
Considering the fact that the conglomerate employs 827 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 89.94%, operating margin of 38.66%, and the pretax margin is 43.79%.
Doximity Inc (DOCS) Breakdown of a Key Holders of the stock
Observing investor behavior towards Health Information Services industry stocks is more important than anything else. The insider ownership of Doximity Inc is 33.80%, while institutional ownership is 61.34%. The most recent insider transaction that took place on Nov 12 ’24, was worth 5,842,248. In this transaction Chief Financial Officer of this company sold 100,000 shares at a rate of $58.42, taking the stock ownership to the 304,506 shares. Before that another transaction happened on Nov 12 ’24, when Company’s Officer proposed sale 70,000 for $60.00, making the entire transaction worth $4,200,000.
Doximity Inc (DOCS) Recent Fiscal highlights
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.29 earnings per share (EPS) for the period topping the consensus outlook (set at 0.24) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.94% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.34% during the next five years compared to 193.38% growth over the previous five years of trading.
Doximity Inc (NYSE: DOCS) Trading Performance Indicators
Doximity Inc (DOCS) is currently performing well based on its current performance indicators. A quick ratio of 7.21 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 19.01. Likewise, its price to free cash flow for the trailing twelve months is 45.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.87, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 1.25 in one year’s time.
Technical Analysis of Doximity Inc (DOCS)
Compared to the last year’s volume of 1.76 million, its volume of 2.28 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 83.21%. Additionally, its Average True Range was 2.49.
During the past 100 days, Doximity Inc’s (DOCS) raw stochastic average was set at 76.19%, which indicates a significant increase from 37.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.88% in the past 14 days, which was lower than the 78.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.62, while its 200-day Moving Average is $33.14. Nevertheless, the first resistance level for the watch stands at $53.89 in the near term. At $54.77, the stock is likely to face the second major resistance level. The third major resistance level sits at $55.27. If the price goes on to break the first support level at $52.51, it is likely to go to the next support level at $52.01. Now, if the price goes above the second support level, the third support stands at $51.13.
Doximity Inc (NYSE: DOCS) Key Stats
Market capitalization of the company is 9.82 billion based on 186,692K outstanding shares. Right now, sales total 475,420 K and income totals 147,580 K. The company made 136,830 K in profit during its latest quarter, and 44,150 K in sales during its previous quarter.
