Now Is A Good Time To Buy Doximity Inc (NYSE: DOCS)

During the last session, Doximity Inc (NYSE:DOCS)’s traded shares were 0.87 million, with the beta value of the company hitting 1.20. At the end of the trading day, the stock’s price was $23.82, reflecting an intraday gain of 0.97% or $0.23. The 52-week high for the DOCS share is $36.92, that puts it down -55.0 from that peak though still a striking 17.25% gain since the share price plummeted to a 52-week low of $19.71. The company’s market capitalization is $4.44B, and the average trade volume was 1.68 million shares over the past three months.

Doximity Inc (NYSE:DOCS) trade information

Doximity Inc (DOCS) registered a 0.97% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.97% in intraday trading to $23.82, hitting a weekly high. The stock’s 5-day price performance is -3.29%, and it has moved by -11.75% in 30 days. Based on these gigs, the overall price performance for the year is -33.09%.

Doximity Inc (DOCS) estimates and forecasts

Statistics show that Doximity Inc has outperformed its competitors in share price, compared to the industry in which it operates. Doximity Inc (DOCS) shares have gone up 9.47% during the last six months, with a year-to-date growth rate more than the industry average at 24.66% against 12.50. In the rating firms’ projections, revenue will increase 13.10% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 116.4M as predicted by 15 analyst(s). Meanwhile, a consensus of 13 analyst(s) estimates revenue growth to 119.23M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 255.76%. While earnings are projected to return 23.02% in 2024, the next five years will return 10.55% per annum.

DOCS Dividends

Doximity Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Doximity Inc (NYSE:DOCS)’s Major holders