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Doximity, Inc. Stock Research

DOCS

19.89USD-0.19(-0.95%)Market Closed
Watchlist

Market Summary

USD19.89-0.19
Market Closed
-0.95%

DOCS Stock Price

DOCS RSI Chart

DOCS Valuation

Market Cap

3.9B

Price/Earnings (Trailing)

32.58

Price/Sales (Trailing)

8.86

EV/EBITDA

22.89

Price/Free Cashflow

20.27

DOCS Price/Sales (Trailing)

DOCS Profitability

Operating Margin

87.24%

EBT Margin

31.78%

Return on Equity

11.68%

Return on Assets

9.92%

Free Cashflow Yield

4.93%

DOCS Fundamentals

DOCS Revenue

Revenue (TTM)

436.9M

Revenue Y/Y

19.67%

Revenue Q/Q

-2.25%

DOCS Earnings

Earnings (TTM)

118.8M

Earnings Y/Y

26.91%

Earnings Q/Q

-7.38%

Price Action

52 Week Range

19.7940.12
(Low)(High)

Last 7 days

-6.3%

Last 30 days

-16.8%

Last 90 days

-37.9%

Trailing 12 Months

-33.7%

DOCS Financial Health

Current Ratio

6.99

DOCS Investor Care

Shares Dilution (1Y)

0.88%

Diluted EPS (TTM)

0.56

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for DOCS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-15
Overpeck Craig
sold
-21,480
21.48
-1,000
see remarks
2023-09-12
Bryson Anna
acquired
-
-
35,000
chief financial officer
2023-08-28
Spain Kevin
sold
-
-
-1,446,000
-
2023-08-28
Spain Kevin
acquired
-
-
1,446,000
-
2023-08-28
EMERGENCE CAPITAL PARTNERS II LP
sold
-
-
-1,446,000
-
2023-08-28
EMERGENCE CAPITAL PARTNERS II LP
acquired
-
-
1,446,000
-
2023-08-15
Overpeck Craig
sold (taxes)
-45,375
23.21
-1,955
see remarks
2023-07-28
Cabral Timothy S
acquired
-
-
4,714
-
2023-07-28
Cabral Timothy S
sold
-164,787
34.9569
-4,714
-
2023-07-26
Benjamin Regina M.
acquired
-
-
5,544
-

1–10 of 50

Which funds bought or sold DOCS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-20
BARCLAYS PLC
added
354
5,488,000
6,941,000
-%
2023-08-29
EFG Asset Management (Americas) Corp.
added
7.29
27,357
242,393
0.06%
2023-08-25
Yarbrough Capital, LLC
unchanged
-
14,058
291,619
0.02%
2023-08-24
Alberta Investment Management Corp
sold off
-100
-647,600
-
-%
2023-08-23
WOLVERINE TRADING, LLC
reduced
-57.16
-243,629
213,371
-%
2023-08-23
Stonebridge Capital Advisors LLC
new
-
2,620
2,620
-%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
added
41.00
311,764
959,364
0.01%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
3.08
340,425
4,440,150
0.01%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
87.87
2,380,000
4,823,000
0.05%
2023-08-21
OSAIC HOLDINGS, INC.
added
0.28
22,582
457,128
-%

1–10 of 44

Latest Funds Activity

Are funds buying DOCS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own DOCS
No. of Funds

Schedule 13G FIlings of Doximity

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Sep 08, 2023
morgan stanley
7.6%
9,556,526
SC 13G/A
Mar 08, 2023
blackrock inc.
4.5%
5,381,384
SC 13G/A
Feb 14, 2023
tangney jeffrey
31.5%
54,208,180
SC 13G/A
Feb 14, 2023
ameriprise financial inc
2.02%
2,294,675
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
2.9%
3,331,877
SC 13G/A
Feb 14, 2023
whale rock capital management llc
0.00%
0
SC 13G/A
Feb 13, 2023
emergence capital partners ii lp
15.1%
20,246,728
SC 13G/A
Feb 10, 2023
clearbridge investments, llc
5.1%
5,805,134
SC 13G
Feb 09, 2023
morgan stanley
13.3%
15,074,620
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A

Recent SEC filings of Doximity

View All Filings
Date Filed Form Type Document
Sep 19, 2023
4
Insider Trading
Sep 14, 2023
4
Insider Trading
Sep 08, 2023
SC 13G/A
Major Ownership Report
Aug 30, 2023
4
Insider Trading
Aug 30, 2023
4
Insider Trading
Aug 17, 2023
4
Insider Trading
Aug 08, 2023
10-Q
Quarterly Report
Aug 08, 2023
8-K
Current Report
Jul 31, 2023
4
Insider Trading
Jul 28, 2023
4
Insider Trading

Doximity News

sharewise
3 Top Stocks That Just Went on Sale.
sharewise,
10 hours ago
The Motley Fool
3 Top Stocks That Just Went on Sale.
The Motley Fool,
10 hours ago
InvestorsObserver
Fast Company
DirectorsTalk Interviews
InvestorsObserver
PR Newswire
Fast Company

Returns for DOCS

Cumulative Returns on DOCS

Risks for DOCS

What is the probability of a big loss on DOCS?

88.1%


Probability that Doximity stock will be more than 20% underwater in next one year

86.4%


Probability that Doximity stock will be more than 30% underwater in next one year.

79.7%


Probability that Doximity stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DOCS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Doximity was unfortunately bought at previous high price.

Drawdowns

Financials for Doximity

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q1
Revenue4.3%437419402384362344317277243207187163146116
Gross Profit4.9%383366350335317304281245212176156132114101
Operating Expenses4.1%25024023021820619017215413612211510710679.00
  S&GA Expenses5.1%13012411610910192.0084.0075.0068.0062.0059.0055.0053.0039.00
  R&D Expenses3.6%83.0080.0076.0072.0068.0062.0057.0053.0047.0044.0042.0040.0040.0032.00
EBITDA-100.0%-14313312711811911399.0084.0050.0050.0028.0011.00-
EBITDA Margin-100.0%-0.34*0.33*0.33*0.33*0.35*0.36*0.36*0.35*0.27*0.27*0.17*0.07*-
Earnings Before Taxes9.0%14513312411911211410996.0081.0058.0047.0025.008.0024.00
EBT Margin-100.0%-0.32*0.31*0.31*0.31*0.33*0.34*0.35*0.33*0.25*0.25*0.15*0.05*-
Net Income5.3%11911311914115115514010175.0050.0038.0023.006.0030.00
Net Income Margin-100.0%-0.27*0.30*0.37*0.42*0.45*0.44*0.36*0.31*0.20*0.20*0.14*0.04*-
Free Cashflow-100.0%-17817715513612511611310760.0060.0043.0035.00-
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q1
Assets1.5%1,1541,1371,0671,0281,051991932869830252
  Current Assets1.5%990975899848874904858830791209
    Cash Equivalents94.1%30715813674.0011011385.0080.0059466.00
  Net PPE3.2%12.0011.0012.0012.0011.008.008.008.008.008.00
  Goodwill-0.1%68.0068.0068.0068.0068.0049.0019.0019.0019.0019.00
Liabilities-4.7%16317113714914911393.0097.00102104
  Current Liabilities-4.9%13314010611812111192.0096.00100102
Shareholder's Equity2.6%99196693087990287983977372867.00
  Retained Earnings3.4%22521820317020519115499.0063.0036.00
  Additional Paid-In Capital2.0%77876274673171570368867466630.00
Shares Outstanding0.4%19519419319219319218818688.0083.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q1
Cashflow From Operations6.9%19218018015913812711711410783.0061.0043.0035.0026.00
  Share Based Compensation9.4%52.0048.0045.0041.0036.0031.0025.0017.0011.007.006.004.004.002.00
Cashflow From Investing265.1%99.00-59.92-70.34-109-624-640-659-661-113-70.42-36.73-0.56-59.24-13.09
Cashflow From Financing-26.7%-94.32-74.46-58.21-55.192.005605585565575.005.003.001.002.00
  Buy Backs18.4%11193.0070.0070.009.003.004.005.005.002.000.00---

DOCS Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]  
Revenue$ 108,469$ 90,639
Cost of revenue13,15313,077
Gross profit95,31677,562
Operating expenses:  
Research and development21,93119,022
Sales and marketing34,45528,134
General and administrative9,2478,724
Total operating expenses65,63355,880
Income from operations29,68321,682
Other income, net4,839804
Income before income taxes34,52222,486
Provision for income taxes6,116103
Net income$ 28,406$ 22,383
Net income per share attributable to Class A and Class B common stockholders:  
Basic (in dollars per share)$ 0.15$ 0.12
Diluted (in dollars per share)$ 0.13$ 0.10
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders:  
Basic (in shares)194,521192,947
Diluted (in shares)212,355214,954

DOCS Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Mar. 31, 2023
Current assets:  
Cash and cash equivalents$ 306,729$ 158,027
Marketable securities566,444682,972
Accounts receivable, net of allowance for doubtful accounts of $876 and $887 at June 30, 2023 and March 31, 2023, respectively92,922107,047
Prepaid expenses and other current assets19,83222,289
Deferred contract costs, current3,7295,118
Total current assets989,656975,453
Property and equipment, net11,63911,279
Deferred income tax assets38,89534,907
Operating lease right-of-use assets13,28213,819
Intangible assets, net30,63831,836
Goodwill67,94067,940
Other assets1,4591,654
Total assets1,153,5091,136,888
Current liabilities:  
Accounts payable5821,272
Accrued expenses and other current liabilities31,74131,245
Deferred revenue, current98,323105,238
Operating lease liabilities, current2,0481,752
Total current liabilities132,694139,507
Deferred revenue, non-current191198
Operating lease liabilities, non-current13,58513,885
Contingent earn-out consideration liability, non-current10,45415,942
Other liabilities, non-current5,7981,240
Total liabilities162,722170,772
Commitments and contingencies (Note 12)
Stockholders' Equity  
Preferred stock, $0.001 par value; 100,000 shares authorized as of June 30, 2023 and March 31, 2023, respectively; zero shares issued and outstanding as of June 30, 2023 and March 31, 2023, respectively00
Class A and Class B common stock, $0.001 par value; 1,500,000 shares authorized as of June 30, 2023 and March 31, 2023, respectively; 194,649 and 193,941 shares issued and outstanding as of June 30, 2023 and March 31, 2023, respectively195194
Additional paid-in capital777,772762,150
Accumulated other comprehensive loss(12,336)(14,083)
Retained earnings225,156217,855
Total stockholders’ equity990,787966,116
Total liabilities and stockholders’ equity$ 1,153,509$ 1,136,888
Jeffrey A. Tangney
Doximity, Inc. operates a cloud-based digital platform for medical professionals in the United States. The company's cloud-based platform provides its members with tools built for medical professionals, enabling them to collaborate with their colleagues, coordinate patient care, conduct virtual patient visits, stay up-to-date with the latest medical news and research, and manage their careers. It primarily serves pharmaceutical companies and health systems. The company was formerly known as 3MD Communications, Inc. and changed its name to Doximity, Inc. in June 2010. Doximity, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.