Doximity (DOCS) stock closed down 1.23%, but has seen a 6.49% increase in the past month

From Nasdaq: 2024-07-17 18:15:21

In the latest trading session, Doximity (DOCS) closed at $28.99, down 1.23%. The stock has shown a 6.49% increase in the past month, outpacing the Medical sector and S&P 500. Investors await the upcoming earnings report, expecting earnings of $0.22 per share and revenue of $119.88 million.

Analysts predict Doximity’s full-year earnings to be $0.99 per share on revenue of $511.91 million. Analyst estimate revisions can impact share price momentum. Doximity currently holds a Zacks Rank of #2 (Buy) and has a Forward P/E ratio of 29.68, trading at a premium to industry averages.

The Medical Services industry, in which Doximity falls, has an average PEG ratio of 1.63. The industry has a Zacks Industry Rank of 78, in the top 31% of all industries. Keeping track of these metrics on Zacks.com can help investors make informed decisions in the market moving forward.

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Stay informed with Zacks Rank system and industry rankings to make informed investment decisions. Monitor Doximity’s performance and upcoming earnings report closely. Explore Zacks’ portfolio services to access stock recommendations and analysis for a variety of sectors. Visit Zacks.com for more information on stock analysis and recommendations.



Read more at Nasdaq: Doximity (DOCS) Stock Moves -1.23%: What You Should Know