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 18 out of 473 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 39.14.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its 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 473 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 369 out of 473 in the Software & IT Services industry. Its current P/E ratio is 20.38, which is 277.86% below the recent high of 77.02 and 18.98% above the recent low of 16.52.
The current earnings forecast score of Doximity Inc is 8.08, ranking 107 out of 473 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 9.48, ranking 60 out of 473 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 27.97 and the support level at 22.48, 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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Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Doximity Inc is 10.00, ranking 1 out of 473 in the Software & IT Services industry. The latest institutional shareholding proportion is 96.13%, representing a quarter-over-quarter decrease of 2.29%. The largest institutional shareholder is The Vanguard, holding a total of 13.09M shares, representing 9.78% of shares outstanding, with 10.05% 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 198 out of 473 in the Software & IT Services industry. The company's beta value is 1.36. 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.
