Head-To-Head Analysis: Doximity (DOCS) and Its Rivals

Doximity (NASDAQ:DOCSGet Rating) is one of 62 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 similar businesses based on the strength of its profitability, valuation, risk, earnings, institutional ownership, analyst recommendations and dividends.

Insider & Institutional Ownership

67.9% of Doximity shares are owned by institutional investors. Comparatively, 53.5% of shares of all “Custom computer programming services” companies are owned by institutional investors. 17.7% of shares of all “Custom computer programming services” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Earnings & Valuation

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

Gross Revenue Net Income Price/Earnings Ratio
Doximity $343.55 million $154.78 million 52.71
Doximity Competitors $2.10 billion $194.48 million 22.33

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.


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 -12.66% -60.26% 0.56%

Analyst Recommendations

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

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Doximity 1 2 9 0 2.67
Doximity Competitors 401 1779 2620 90 2.49

Doximity currently has a consensus price target of $47.92, suggesting a potential upside of 31.75%. As a group, “Custom computer programming services” companies have a potential upside of 28.51%. Given Doximity’s stronger consensus rating and higher probable upside, analysts plainly believe Doximity is more favorable than its peers.


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.

Want More Great Investing Ideas?

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.