Doximity (DOCS) versus The Competition Financial Survey

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Doximity (NASDAQ: DOCSGet a rating) is one of 62 public companies in the “Custom Computer Programming Services” industry, but how does it stack up to its peers? We will compare Doximity to related companies based on its risk strength, institutional ownership, profitability, analyst recommendations, dividends, earnings and valuation.

Analyst Notes

This is a breakdown of recent ratings from Doximity and its peers, provided by MarketBeat.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
Doximity 1 2 9 0 2.67
Doximity Competitors 400 1774 2611 89 2.49

Doximity currently has a consensus target price of $47.92, suggesting a potential upside of 26.10%. As a group, the “Custom Computer Programming Services” companies have an upside potential of 26.30%. Given that Doximity’s peers have higher upside potential, analysts clearly believe that Doximity has less favorable growth aspects than its peers.

Valuation and benefits

This table compares Doximity and its peers in terms of revenue, earnings per share (EPS) and valuation.

Gross revenue Net revenue Price/earnings ratio
Doximity $343.55 million $133.26 million 55.07
Doximity Competitors $2.10 billion $194.04 million 22.74

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

Institutional and Insider Ownership

67.9% of Doximity shares are held by institutional investors. In comparison, 53.1% of the shares of all the “Custom computer programming services” companies are held by institutional investors. 17.6% of the shares of all “Custom Computer Programming Services” companies are held by insiders. Strong institutional ownership indicates that large money managers, endowments, and hedge funds believe a company is poised for long-term growth.

Profitability

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

Net margins Return on equity return on assets
Doximity 40.52% 17.19% 15.27%
Doximity Competitors -12.66% -60.26% 0.56%

Summary

Doximity beats its peers on 7 of the 12 factors compared.

Company profile Doximité (Get a rating)

Doximity, Inc. operates a cloud-based digital platform for healthcare professionals in the United States. The Company’s cloud platform provides its members with tools designed for healthcare professionals, allowing them to collaborate with colleagues, coordinate patient care, conduct virtual patient visits, keep current with the latest medical news and research and to manage their careers. It primarily serves pharmaceutical companies and healthcare 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.



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