Doximity Inc

Company Profile

Doximity Inc had its IPO on 2021-06-24 under the ticker symbol DOCS.

The company operates in the Healthcare sector and Health Information Services industry. Doximity Inc has a staff strength of 977 employees.

Stock update

Shares of Doximity Inc opened at $22.53 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $21.93 - $22.81, and closed at $22.03.

This is a -2.95% slip from the previous day's closing price.

A total volume of 3,383,283 shares were traded at the close of the day’s session.

In the last one week, shares of Doximity Inc have slipped by -9.56%.

Doximity Inc's Key Ratios

Doximity Inc has a market cap of $6.61 billion, indicating a price to book ratio of 7.8028 and a price to sales ratio of 17.4232.

In the last 12-months Doximity Inc’s revenue was $419.05 million with a gross profit of $365.56 million and an EBITDA of $132.52 million. The EBITDA ratio measures Doximity Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Doximity Inc’s operating margin was 30.32% while its return on assets stood at 7.46% with a return of equity of 12.23%.

In Q1, Doximity Inc’s quarterly earnings growth was a negative -11.9% while revenue growth was a positive 18.5%.

Doximity Inc’s PE and PEG Ratio

Forward PE

61.3497

Trailing PE

59.5789

PEG

Its diluted EPS in the last 12-months stands at $0.57 per share while it has a forward price to earnings multiple of 61.3497 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Doximity Inc’s profitability.

Doximity Inc stock is trading at a EV to sales ratio of 15.9333 and a EV to EBITDA ratio of 48.9212. Its price to sales ratio in the trailing 12-months stood at 17.4232.

Doximity Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.14 billion

Total Liabilities

$139.51 million

Operating Cash Flow

$0

Capital Expenditure

$1.03 million

Dividend Payout Ratio

0%

Doximity Inc ended 2024 with $1.14 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.14 billion while shareholder equity stood at $966.12 million.

Doximity Inc ended 2024 with $0 in deferred long-term liabilities, $139.51 million in other current liabilities, 194000.00 in common stock, $217.86 million in retained earnings and $67.94 million in goodwill. Its cash balance stood at $158.03 million and cash and short-term investments were $841.00 million. The company’s total short-term debt was $1,752,000 while long-term debt stood at $0.

Doximity Inc’s total current assets stands at $975.45 million while long-term investments were $0 and short-term investments were $682.97 million. Its net receivables were $107.05 million compared to accounts payable of $1.27 million and inventory worth $0.

In 2024, Doximity Inc's operating cash flow was $0 while its capital expenditure stood at $1.03 million.

Comparatively, Doximity Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$22.03

52-Week High

$47.46

52-Week Low

$22.91

Analyst Target Price

$37.5

Doximity Inc stock is currently trading at $22.03 per share. It touched a 52-week high of $47.46 and a 52-week low of $47.46. Analysts tracking the stock have a 12-month average target price of $37.5.

Its 50-day moving average was $29.02 and 200-day moving average was $32.33 The short ratio stood at 9.86 indicating a short percent outstanding of 0%.

Around 241.1% of the company’s stock are held by insiders while 9036.4% are held by institutions.