Doximity, Inc. (DOCS)

NYSE: DOCS · IEX Real-Time Price · USD
26.91
-0.08 (-0.30%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

Doximity has a market cap or net worth of $5.04 billion. The enterprise value is $4.34 billion.

Market Cap 5.04B
Enterprise Value 4.34B

Important Dates

The next estimated earnings date is Tuesday, May 14, 2024, after market close.

Earnings Date May 14, 2024
Ex-Dividend Date n/a

Share Statistics

Doximity has 186.56 million shares outstanding. The number of shares has decreased by -5.47% in one year.

Shares Outstanding 186.56M
Shares Change (YoY) -5.47%
Shares Change (QoQ) -4.09%
Owned by Insiders (%) 4.20%
Owned by Institutions (%) 82.36%
Float 117.54M

Valuation Ratios

The trailing PE ratio is 40.44 and the forward PE ratio is 28.90.

PE Ratio 40.44
Forward PE 28.90
PS Ratio 10.75
Forward PS 9.72
PB Ratio 5.82
P/FCF Ratio 31.16
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 23.27, with an EV/FCF ratio of 26.86.

EV / Earnings 31.53
EV / Sales 9.27
EV / EBITDA 23.27
EV / EBIT 24.95
EV / FCF 26.86

Financial Position

The company has a current ratio of 8.03, with a Debt / Equity ratio of 0.02.

Current Ratio 8.03
Quick Ratio 7.71
Debt / Equity 0.02
Debt / EBITDA 0.08
Debt / FCF 0.09
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 14.90% and return on invested capital (ROIC) is 13.93%.

Return on Equity (ROE) 14.90%
Return on Assets (ROA) 12.80%
Return on Capital (ROIC) 13.93%
Revenue Per Employee $479,356
Profits Per Employee $140,872
Employee Count 977
Asset Turnover 0.43
Inventory Turnover n/a

Taxes

In the past 12 months, Doximity has paid $36.33 million in taxes.

Income Tax 36.33M
Effective Tax Rate 20.89%

Stock Price Statistics

The stock price has decreased by -17.66% in the last 52 weeks. The beta is 1.19, so Doximity's price volatility has been higher than the market average.

Beta (1Y) 1.19
52-Week Price Change -17.66%
50-Day Moving Average 28.53
200-Day Moving Average 26.88
Relative Strength Index (RSI) 39.56
Average Volume (30 Days) 1,757,873

Short Selling Information

The latest short interest is 7.36 million, so 3.95% of the outstanding shares have been sold short.

Short Interest 7.36M
Short Previous Month 8.91M
Short % of Shares Out 3.95%
Short % of Float 6.27%
Short Ratio (days to cover) 3.64

Income Statement

In the last 12 months, Doximity had revenue of $468.33 million and earned $137.63 million in profits. Earnings per share was $0.67.

Revenue 468.33M
Gross Profit 416.55M
Operating Income 154.87M
Pretax Income 173.97M
Net Income 137.63M
EBITDA 186.53M
EBIT 173.97M
Earnings Per Share (EPS) $0.67
Full Income Statement

Balance Sheet

The company has $710.24 million in cash and $15.06 million in debt, giving a net cash position of $695.18 million or $3.73 per share.

Cash & Cash Equivalents 710.24M
Total Debt 15.06M
Net Cash 695.18M
Net Cash Per Share $3.73
Equity / Book Value 864.61M
Book Value Per Share 4.63
Working Capital 736.14M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $166.79 million and capital expenditures -$5.19 million, giving a free cash flow of $161.60 million.

Operating Cash Flow 166.79M
Capital Expenditures -5.19M
Free Cash Flow 161.60M
FCF Per Share $0.87
Full Cash Flow Statement

Margins

Gross margin is 88.94%, with operating and profit margins of 33.07% and 29.39%.

Gross Margin 88.94%
Operating Margin 33.07%
Pretax Margin 37.15%
Profit Margin 29.39%
EBITDA Margin 39.83%
EBIT Margin 37.15%
FCF Margin 34.51%

Dividends & Yields

Doximity does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 5.47%
Shareholder Yield 5.47%
Earnings Yield 2.73%
FCF Yield 3.21%
Dividend Details

Analyst Forecast

The average price target for Doximity is $28.80, which is 7.02% higher than the current price. The consensus rating is "Hold".

Price Target $28.80
Price Target Difference 7.02%
Analyst Consensus Hold
Analyst Count 12
Revenue Growth Forecast (5Y) 12.06%
EPS Growth Forecast (5Y) 19.85%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Doximity has an Altman Z-Score of 24.22 and a Piotroski F-Score of 8.

Altman Z-Score 24.22
Piotroski F-Score 8