In last trading session, DocGo Inc (NASDAQ:DCGO) saw 0.52 million shares changing hands with its beta currently measuring 0.98. Company’s recent per share price level of $4.48 trading at $0.1 or 2.19% at ring of the bell on the day assigns it a market valuation of $456.79M. That closing price of DCGO’s stock is at a discount of -38.39% from its 52-week high price of $6.20 and is indicating a premium of 38.62% from its 52-week low price of $2.75. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.5 million shares which gives us an average trading volume of 531.25K if we extend that period to 3-months.
For DocGo Inc (DCGO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.21 in the current quarter.
DocGo Inc (NASDAQ:DCGO) trade information
Upright in the green during last session for gaining 2.19%, in the last five days DCGO remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $4.48 price level, adding 1.97% to its value on the day. DocGo Inc’s shares saw a change of -19.93% in year-to-date performance and have moved 8.64% in past 5-day. DocGo Inc (NASDAQ:DCGO) showed a performance of 29.37% in past 30-days. Number of shares sold short was 6.5 million shares which calculate 10.12 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 9.5 to the stock, which implies a rise of 52.84% to its current value. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 11. It follows that stock’s current price would drop -11.61% in reaching the projected high whereas dropping to the targeted low would mean a loss of -11.61% for stock’s current value.
DocGo Inc (DCGO) estimates and forecasts
Statistics highlight that DocGo Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 52.77% of value to its shares in past 6 months, showing an annual growth rate of 400.00% while that of industry is 5.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 0.14% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 129.42M for the same. And 6 analysts are in estimates of company making revenue of 111.93M in the next quarter. Company posted 199.25M and 192.09M of sales in current and next quarters respectively a year earlier.
In 2024, company’s earnings growth rate is likely to be around 322.22% while estimates for its earnings growth in next 5 years are of 4.44%.
DocGo Inc (NASDAQ:DCGO)’s Major holders
Insiders are in possession of 9.91% of company’s total shares while institution are holding 54.94 percent of that, with stock having share float percentage of 60.99%. Investors also watch the number of corporate investors in a company very closely, which is 54.94% institutions for DocGo Inc that are currently holding shares of the company. DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) is the top institutional holder at DCGO for having 7.2 million shares of worth $22.24 million. And as of 2024-06-30, it was holding 6.9313 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 7.04 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.778 of outstanding shares, having a total worth of $21.74 million.
On the other hand, iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Aug 31, 2024 , the former fund manager was holding 2.73 shares of worth $11.81 million or 2.67% of the total outstanding shares. The later fund manager was in possession of 2.45 shares on Jun 30, 2024 , making its stake of worth around $10.61 million in the company or a holder of 2.40% of company’s stock.
