Doximity Inc [NYSE: DOCS] slipped around -1.05 points on Thursday, while shares priced at $58.45 at the close of the session, down -1.76%.
Compared to the average trading volume of 2.35M shares, DOCS reached a trading volume of 5861788 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Doximity Inc [DOCS]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DOCS shares is $71.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DOCS stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Piper Sandler have made an estimate for Doximity Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on February 07, 2025. While these analysts kept the previous recommendation, Leerink Partners raised their target price from $60 to $90. The new note on the price target was released on February 07, 2025, representing the official price target for Doximity Inc stock. Previously, the target price had yet another raise to $55, while Stephens analysts kept a Equal-Weight rating on DOCS stock.
The Average True Range (ATR) for Doximity Inc is set at 2.58, with the Price to Sales ratio for DOCS stock in the period of the last 12 months amounting to 19.93. The Price to Book ratio for the last quarter was 10.63, with the Price to Cash per share for the same quarter was set at 4.50. Price to Free Cash Flow for DOCS in the course of the last twelve months was 47.26 with Quick ratio for the last quarter at 8.67.
How has DOCS stock performed recently?
Doximity Inc [DOCS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.52. With this latest performance, DOCS shares gained by 9.81% in over the last four-week period, additionally sinking by -4.57% over the last 6 months – not to mention a rise of 154.24% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DOCS stock in for the last two-week period is set at 51.39, with the RSI for the last a single of trading hit 51.20, and the three-weeks RSI is set at 50.36 for Doximity Inc [DOCS]. The present Moving Average for the last 50 days of trading for this stock 58.23, while it was recorded at 59.72 for the last single week of trading, and 51.44 for the last 200 days.
Doximity Inc [DOCS]: Deeper insight into the fundamentals
Doximity Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 8.67 and a Current Ratio set at 8.67.
Earnings analysis for Doximity Inc [DOCS]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DOCS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Doximity Inc go to 9.66%.
Insider trade positions for Doximity Inc [DOCS]
The top three institutional holders of DOCS stocks are: BLACKROCK INC. with ownership of 10.77 million shares, which is approximately 5.8002%. VANGUARD GROUP INC, holding 10.55 million shares of the stock with an approximate value of $$294.98 million in DOCS stocks shares; and VANGUARD GROUP INC, currently with $$193.62 million in DOCS stock with ownership which is approximately 3.7296%.
