Head to Head Review: Doximity (DOCS) & Its Competitors

Doximity (NASDAQ:DOCS – Get Rating) is one of 62 public companies in the “Custom computer programming services” industry, but how does it weigh in compared to its rivals? We will compare Doximity to similar businesses based on the strength of its risk, dividends, institutional ownership, analyst recommendations, earnings, valuation and profitability.

Valuation & Earnings

This table compares Doximity and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Doximity	$343.55 million	$154.78 million	53.04
Doximity Competitors	$2.10 billion	$194.48 million	22.51

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

Profitability

This table compares Doximity and its rivals’ 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%

Institutional & Insider 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 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.

Analyst Ratings

This is a summary of current ratings and price targets for Doximity and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Doximity	1	2	9	0	2.67
Doximity Competitors	400	1778	2620	89	2.49

Doximity currently has a consensus price target of $47.92, indicating a potential upside of 30.92%. As a group, “Custom computer programming services” companies have a potential upside of 28.91%. Given Doximity’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Doximity is more favorable than its rivals.

Summary

Doximity beats its rivals 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.