Contrasting Doximity (DOCS) and Its Competitors

Doximity (NASDAQ:DOCSGet Rating) is one of 64 publicly-traded companies in the “Custom computer programming services” industry, but how does it weigh in compared to its peers? We will compare Doximity to related companies based on the strength of its risk, valuation, dividends, earnings, profitability, analyst recommendations and institutional ownership.

Insider & Institutional Ownership

67.9% of Doximity shares are owned by institutional investors. Comparatively, 54.0% of shares of all “Custom computer programming services” companies are owned by institutional investors. 45.2% of Doximity shares are owned by insiders. Comparatively, 18.5% of shares of all “Custom computer programming services” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Doximity and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Doximity 40.52% 17.19% 15.27%
Doximity Competitors -12.94% -60.27% 0.54%

Earnings and Valuation

This table compares Doximity and its peers revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Doximity $343.55 million $154.78 million 52.22
Doximity Competitors $2.10 billion $195.70 million 21.55

Doximity’s peers have higher revenue and earnings than Doximity. Doximity is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Doximity and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Doximity 1 2 9 0 2.67
Doximity Competitors 203 1314 2354 69 2.58

Doximity presently has a consensus target price of $47.92, indicating a potential upside of 32.99%. As a group, “Custom computer programming services” companies have a potential upside of 40.97%. Given Doximity’s peers higher probable upside, analysts clearly believe Doximity has less favorable growth aspects than its peers.

Summary

Doximity beats its peers on 8 of the 12 factors compared.

Doximity Company Profile (Get Rating)

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.

Receive News & Ratings for Doximity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Doximity and related companies with MarketBeat.com's FREE daily email newsletter.