Doximity Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 37 out of 481 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 40.77.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Doximity Inc is 8.83, ranking 26 out of 481 in the Software & IT Services industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 185.05M, representing a year-over-year increase of 9.76%, while its net profit experienced a year-over-year increase of 18.14%.
Key Metrics
The current valuation score of Doximity Inc is 6.31, ranking 376 out of 481 in the Software & IT Services industry. Its current P/E ratio is 19.10, which is 303.32% below the recent high of 77.02 and 2.38% above the recent low of 18.64.
The current earnings forecast score of Doximity Inc is 8.08, ranking 112 out of 481 in the Software & IT Services industry. The average price target is 65.00, with a high of 83.00 and a low of 55.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Doximity Inc is 6.68, ranking 207 out of 481 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 26.44 and the support level at 22.88, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Doximity Inc is 10.00, ranking 1 out of 481 in the Software & IT Services industry. The latest institutional shareholding proportion is 98.38%, representing a quarter-over-quarter decrease of 2.06%. The largest institutional shareholder is The Vanguard, holding a total of 13.26M shares, representing 9.91% of shares outstanding, with 11.44% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Doximity Inc is 5.54, ranking 199 out of 481 in the Software & IT Services industry. The company's beta value is 1.38. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Doximity Inc’s latest ESG disclosure leads the Software & IT Services industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
