Doximity Stock Analysis

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 Stock
  

USD 30.22  1.78  5.56%   

The latest fall in stock price could raise concerns from retail investors as the firm is trading at a share price of 30.22 on 1,977,600 in volume. The company directors and management have failed to build on market volatilities in September. However, diversifying your overall positions with Doximity Inc Cl may protect your principal portfolio during upcoming market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.84. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Doximity Inc partners.
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The Doximity Inc stock analysis report makes it easy to digest most publicly released information about Doximity Inc and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Doximity Stock analysis module also helps to analyze the Doximity Inc price relationship with some important fundamental indicators such as market cap and management efficiency.

Doximity Stock Analysis Notes

About 79.0% of the company shares are held by institutions such as insurance companies. The company had not issued any dividends in recent years. Doximity, Inc. operates a cloud-based digital platform for medical professionals in the United States. Doximity, Inc. was incorporated in 2010 and is headquartered in San Francisco, California. Doximity Inc operates under Health Information Services classification in the United States and is traded on New York Stock Exchange. It employs 887 people. To learn more about Doximity Inc Cl call Jeffrey Tangney at 650 549 4330 or check out https://www.doximity.com.

Doximity Inc Cl Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Doximity Inc's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Doximity Inc Cl or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Doximity Inc Cl generated a negative expected return over the last 90 days
Doximity Inc Cl has high historical volatility and very poor performance
Doximity Inc Cl has high likelihood to experience some financial distress in the next 2 years
Over 79.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.investing.com: 30 percent Cheaper, Is Amazon Stock A Buy - Investing.com

Doximity Inc Cl Upcoming and Recent Events

Earnings reports are used by Doximity Inc to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Doximity Inc previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report8th of February 2022
Next Fiscal Quarter End31st of December 2021
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Doximity Inc SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Doximity Inc prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Doximity Inc investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Doximity Inc Cl specific information freely available to individual and institutional investors to make a timely investment decision.
10th of August 2022
Unclassified Corporate Event
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4th of August 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Results of Operations and Financial Condition
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29th of July 2022
Submission of Matters to a Vote of Security Holders
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17th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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10th of March 2022
Unclassified Corporate Event
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14th of February 2022
Unclassified Corporate Event
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9th of February 2022
Unclassified Corporate Event
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8th of February 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Results of Operations and Financial Condition
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Doximity Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Doximity Inc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Doximity Inc Cl backward and forwards among themselves. Doximity Inc's institutional investor refers to the entity that pools money to purchase Doximity Inc's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Morgan StanleyCommon Shares16 M556.1 M
Price T Rowe Associates IncCommon Shares12.5 M436.8 M
Fmr LlcCommon Shares7.7 M269.4 M
Vanguard Group IncCommon Shares7.7 M266.4 M
Ameriprise Financial IncCommon SharesM209.1 M
Blackrock IncCommon Shares5.2 M181.5 M
Clearbridge Investments LlcCommon Shares4.5 M156.1 M
Citadel Advisors LlcCall Options957.2 K33.3 M
Note, although Doximity Inc's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Doximity Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 5.76 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Doximity Inc's market, we take the total number of its shares issued and multiply it by Doximity Inc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Doximity Profitablity

Doximity Inc's profitability indicators refer to fundamental financial ratios that showcase Doximity Inc's ability to generate income relative to its revenue or operating costs. If, let's say, Doximity Inc is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Doximity Inc's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Doximity Inc's profitability requires more research than a typical breakdown of Doximity Inc's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 45.05 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 33.5 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.34.

Management Efficiency

The entity has return on total asset (ROA) of 11.42 % which means that it generated profit of $11.42 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 30.15 %, meaning that it created $30.15 on every $100 dollars invested by stockholders. Doximity Inc management efficiency ratios could be used to measure how well doximity inc cl manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 1st of October, Doximity Inc shows the coefficient of variation of (1,585), and Mean Deviation of 3.01. Doximity Inc Cl technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Doximity Inc Cl, which can be compared to its rivals. Please confirm Doximity Inc Cl jensen alpha and downside variance to decide if Doximity Inc Cl is priced favorably, providing market reflects its regular price of 30.22 per share. Given that Doximity Inc has jensen alpha of (0.10), we urge you to verify Doximity Inc Cl's prevailing market performance to make sure the company can sustain itself at a future point.

Doximity Inc Cl Price Movement Analysis

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The minimum time period for execution of this function requires larger time horizon. Please increase the time horizon for this function. The output start index for this execution was zero with a total number of output elements of zero. The Instantaneous Trendline is a moving-average-like indicator which is formed by removing the Dominant Cycle from Doximity Inc Cl price series.
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Doximity Inc Cl Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Doximity Inc insiders, such as employees or executives, is commonly permitted as long as it does not rely on Doximity Inc's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Doximity Inc insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Doximity Inc Predictive Daily Indicators

Doximity Inc intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Doximity Inc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Doximity Inc Forecast Models

Doximity Inc time-series forecasting models is one of many Doximity Inc's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Doximity Inc's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Doximity Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Doximity Inc prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Doximity shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Doximity Inc. By using and applying Doximity Stock analysis, traders can create a robust methodology for identifying Doximity entry and exit points for their positions.
Doximity, Inc. operates a cloud-based digital platform for medical professionals in the United States. Doximity, Inc. was incorporated in 2010 and is headquartered in San Francisco, California. Doximity Inc operates under Health Information Services classification in the United States and is traded on New York Stock Exchange. It employs 887 people.

Current Doximity Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Doximity analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Doximity analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
74.11Buy9Odds
Doximity Inc Cl current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Doximity analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Doximity stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Doximity Inc Cl, talking to its executives and customers, or listening to Doximity conference calls.
Doximity Analyst Advice Details

Doximity Stock Analysis Indicators

Doximity Inc Cl stock analysis indicators help investors evaluate how Doximity Inc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Doximity Inc shares will generate the highest return on investment. By understating and applying Doximity Inc stock analysis, traders can identify Doximity Inc position entry and exit signals to maximize returns.
Quick Ratio7.93
Fifty Two Week Low27.06
Revenue Growth40.40%
Average Daily Volume Last 10 Day1.71M
Shares Short Prior Month12.56M
Average Daily Volume In Three Month1.8M
Earnings Growth63.40%
Shares Percent Shares Out9.46%
Earnings Quarterly Growth71.00%
Gross Margins88.42%
Forward Price Earnings32.69
Short Percent Of Float19.83%
Float Shares107.6M
Fifty Two Week High91.25
Fifty Day Average36.57
Enterprise Value To Ebitda64.09
Two Hundred Day Average43.20
Enterprise Value To Revenue21.47
Continue to Investing Opportunities. Note that the Doximity Inc Cl information on this page should be used as a complementary analysis to other Doximity Inc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Doximity Inc Cl price analysis, check to measure Doximity Inc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Doximity Inc is operating at the current time. Most of Doximity Inc's value examination focuses on studying past and present price action to predict the probability of Doximity Inc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Doximity Inc's price. Additionally, you may evaluate how the addition of Doximity Inc to your portfolios can decrease your overall portfolio volatility.
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Is Doximity Inc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Doximity Inc. If investors know Doximity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Doximity Inc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Doximity Inc Cl is measured differently than its book value, which is the value of Doximity that is recorded on the company's balance sheet. Investors also form their own opinion of Doximity Inc's value that differs from its market value or its book value, called intrinsic value, which is Doximity Inc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Doximity Inc's market value can be influenced by many factors that don't directly affect Doximity Inc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Doximity Inc's value and its price as these two are different measures arrived at by different means. Investors typically determine Doximity Inc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doximity Inc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.