Contrasting Doximity (DOCS) and Its Rivals

Doximity (NASDAQ:DOCSGet Rating) is one of 63 publicly-traded companies in the “Custom computer programming services” industry, but how does it compare to its competitors? We will compare Doximity to related businesses based on the strength of its institutional ownership, risk, valuation, earnings, profitability, dividends and analyst recommendations.

Institutional & Insider Ownership

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

Earnings and Valuation

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

Gross Revenue Net Income Price/Earnings Ratio
Doximity $343.55 million $154.78 million 49.07
Doximity Competitors $2.10 billion $194.48 million 21.19

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

Analyst Recommendations

This is a breakdown of recent ratings for Doximity and its competitors, 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 203 1312 2350 69 2.58

Doximity currently has a consensus price target of $47.92, suggesting a potential upside of 41.51%. As a group, “Custom computer programming services” companies have a potential upside of 46.20%. Given Doximity’s competitors higher probable upside, analysts clearly believe Doximity has less favorable growth aspects than its competitors.

Profitability

This table compares Doximity and its competitors’ 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% -60.27% 0.57%

Summary

Doximity beats its competitors on 7 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.

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