Doximity Stock Analysis

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 Stock
  

USD 37.31  0.82  2.25%   

The latest price spike of Doximity Inc Cl could raise concerns from retail investors as the firm is trading at a share price of 37.31 on 6,201,328 in volume. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in September. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.79. This high volatility is attributed to the latest market swings and not-so-good earnings reports for some of the 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 Quarterly Cost of Revenue

13.08 Million

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 has very high historical volatility over the last 90 days
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 MacroaxisInsider: Disposition of 4714 shares by Kliman Gilbert H of Doximity Inc subject to Rule 16b-3

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.
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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7th of January 2022
Unclassified Corporate Event
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Doximity Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 7 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 33.05 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.33.
Last ReportedProjected for 2022
Return on Average Assets 0.15  0.15 
Return on Average Equity 0.17  0.26 
Return on Invested Capital 0.20  0.21 
Return on Sales 0.33  0.31 

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. Doximity Inc Return on Average Assets are relatively stable at the moment as compared to the past year. Doximity Inc reported last year Return on Average Assets of 0.15. As of 08/10/2022, Return on Average Equity is likely to grow to 0.26, while Return on Sales is likely to drop 0.31. Doximity Inc Tax Assets are relatively stable at the moment as compared to the past year. Doximity Inc reported last year Tax Assets of 48.56 Million. As of 08/10/2022, Asset Turnover is likely to grow to 0.50, while Current Assets are likely to drop slightly above 714.5 M.
Last ReportedProjected for 2022
Book Value per Share 5.37  5.80 
Enterprise Value over EBIT 78.30  77.84 
Enterprise Value over EBITDA 73.99  73.56 
Price to Book Value 10.21  10.15 
Tangible Assets Book Value per Share 5.90  5.23 
Enterprise Value8.9 B8.8 B
Tangible Asset Value964.5 M763.6 M

Technical Drivers

As of the 10th of August, Doximity Inc shows the Mean Deviation of 4.16, downside deviation of 5.4, and Coefficient Of Variation of 12944.45. 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 37.31 per share. Given that Doximity Inc has jensen alpha of 0.0561, 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 output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Doximity Inc middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Doximity Inc Cl. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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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 Technical and Predictive Indicators

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 stock 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 stock is reacting to, or reflecting on a current stock 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.
Last ReportedProjected for 2022
EBITDA Margin 0.35  0.33 
Gross Margin 0.88  0.97 
Profit Margin 0.39  0.42 
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.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Doximity Inc to your portfolios without increasing risk or reducing expected return.

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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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.
Quarterly Earnings Growth YOY
0.11
Market Capitalization
B
Quarterly Revenue Growth YOY
0.25
Return On Assets
0.0733
Return On Equity
0.19
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.