Doximity is a health information service company located in California, United States, which is part of the Healthcare sector, and is traded under the ticker DOCS on the NYSE exchange.
Doximity stock last closed at $24.13, down 0.33% from the previous day, and has decreased 30.58% in one year. It has underperformed other stocks in the Health Information Services industry by 0.17 percentage points. Doximity stock is currently +22.43% from its 52-week low of $19.71, and -39.86% from its 52-week high of $40.12.
There are currently 185.91M DOCS shares outstanding. The market cap of DOCS is $4.49B. In the past 24 hours, 1.44M DOCS shares were traded.
How to Buy Doximity Stock
Wondering how to invest in Doximity stock? Here's how.
Choose where to buy Doximity stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Doximity stock.
Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Deposit money your brokerage account: Choose your method of payment and add your info.
Analyze Doximity stock: The Doximity ticker symbol is DOCS. Is Doximity stock a good investment? Should you buy shares of DOCS? How do DOCS's underlying business fundamentals look? Do top analysts think Doximity is a good buy? Why has DOCS's stock price moved recently? (Hint: Our stock market research website can help you understand if DOCS is a good stock to buy).
Place your DOCS trade: Decide if you will purchase DOCS shares at the current market price or use a limit order to buy DOCS shares at a particular price.
Get the latest news on your investment in DOCS: Create a watchlist to track your new investment in Doximity shares.
Step 1: Choose where to buy Doximity stock
You will need a brokerage account to access the NYSE market and buy DOCS shares.
A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Sign up for a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal information so you can invest in DOCS stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Analyze Doximity stock
Once you have decided on the best place to buy Doximity stock, it's absolutely critical to research their stock prior to investing, so you can wrap your head around the risk as well as the opportunity.
Overview of key DOCS info
DOCS Price
$24.13
1w %
3.78%
1y %
-30.58%
5y %
N/A
P/E
38.3x
P/B
5.15x
P/S
10.4x
PEG
2.36x
Revenue
$448.31M
Earnings
$123.14M
Fore. Rev. Growth
9.2%
Fore. Earn. Growth
16.26%
Market Cap
$4.49B
Next Earnings
Feb 7, 2024
Next Dividend
N/A
Doximity Due Diligence Checks
WallStreetZen was built to help average investors perform more accurate fundamental analysis in minutes instead of hours.
DOCS earnings of $151.88M is not sufficient to cover its interest payments.
DOCS's operating cash flow of $165.43M allows it to safely service it's debt of $15.05M.
There are more short-term assets than long-term liabilities on the DOCS balance sheet.
There are more short-term assets than short-term liabilities on the DOCS balance sheet.
Failed Health Checks:
DOCS profit margin has gone down from 36.8% to 27.5% in the past year.
Do analysts think it's a good time to buy DOCS stock
Out of 6 Wall Street analysts who monitor DOCS, the consensus analyst rating on Doximity is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent DOCS Analyst Upgrades/Downgrades
Brian Peterson, a bottom 10% analyst from Raymond James maintains DOCS with a buy rating and lowers their DOCS price target from $40.00 to $30.00, on Aug 9, 2023.
Last year, DOCS earnings were $123.14M. In the past two year, DOCS's earnings have grown by 10.07% per year. This was faster than the Health Information Services industry average of 4.54%.
Last year, DOCS revenue was $448.31M. Over the last two year, DOCS's revenue has increased by 27.12% per year. This was faster than the Health Information Services industry average of 23.75%.
No, Doximity doesn't provide an income stream by paying out dividends.
What others are saying about DOCS
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Step 5: Place your DOCS trade
There are two main types of orders:
Market order: A market order is an order to buy or sell a stock at the best price on the market. Market orders are usually the best for newer investors.
Limit order: A limit order lets you buy or sell a security at a specific price (or better). If you want to ensure you're buying or selling at a specific price limit, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you need more help buying stocks on eToro, click the helpful video below:
As of Dec 7, 2023, it costs $24.13 to buy one share of Doximity stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.414 shares of DOCS.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.