Doximity (DOCS) Competitors

$28.03
+4.29 (+18.07%)
(As of 05/17/2024 ET)

DOCS vs. TMDX, NUVL, IMVT, SEM, ALPN, MDGL, KRYS, RDNT, ALKS, and PRGO

Should you be buying Doximity stock or one of its competitors? The main competitors of Doximity include TransMedics Group (TMDX), Nuvalent (NUVL), Immunovant (IMVT), Select Medical (SEM), Alpine Immune Sciences (ALPN), Madrigal Pharmaceuticals (MDGL), Krystal Biotech (KRYS), RadNet (RDNT), Alkermes (ALKS), and Perrigo (PRGO). These companies are all part of the "medical" sector.

Doximity vs.

Doximity (NASDAQ:DOCS) and TransMedics Group (NASDAQ:TMDX) are both mid-cap medical companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, media sentiment, risk, institutional ownership, earnings, analyst recommendations, profitability, community ranking and valuation.

Doximity has higher revenue and earnings than TransMedics Group. TransMedics Group is trading at a lower price-to-earnings ratio than Doximity, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Doximity$419.05M12.48$112.82M$0.6642.47
TransMedics Group$241.62M18.81-$25.03M-$0.34-405.82

Doximity has a net margin of 29.39% compared to TransMedics Group's net margin of -3.43%. Doximity's return on equity of 16.08% beat TransMedics Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Doximity29.39% 16.08% 13.76%
TransMedics Group -3.43%7.95%1.61%

In the previous week, Doximity had 31 more articles in the media than TransMedics Group. MarketBeat recorded 39 mentions for Doximity and 8 mentions for TransMedics Group. TransMedics Group's average media sentiment score of 0.92 beat Doximity's score of 0.48 indicating that TransMedics Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Doximity
13 Very Positive mention(s)
3 Positive mention(s)
14 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
TransMedics Group
4 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Doximity has a beta of 1.18, indicating that its stock price is 18% more volatile than the S&P 500. Comparatively, TransMedics Group has a beta of 1.87, indicating that its stock price is 87% more volatile than the S&P 500.

TransMedics Group received 36 more outperform votes than Doximity when rated by MarketBeat users. Likewise, 54.78% of users gave TransMedics Group an outperform vote while only 41.32% of users gave Doximity an outperform vote.

CompanyUnderperformOutperform
DoximityOutperform Votes
50
41.32%
Underperform Votes
71
58.68%
TransMedics GroupOutperform Votes
86
54.78%
Underperform Votes
71
45.22%

Doximity currently has a consensus price target of $28.73, indicating a potential upside of 2.49%. TransMedics Group has a consensus price target of $119.00, indicating a potential downside of 13.76%. Given Doximity's higher possible upside, equities research analysts clearly believe Doximity is more favorable than TransMedics Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Doximity
1 Sell rating(s)
11 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.13
TransMedics Group
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88

87.2% of Doximity shares are owned by institutional investors. Comparatively, 99.7% of TransMedics Group shares are owned by institutional investors. 39.4% of Doximity shares are owned by insiders. Comparatively, 7.0% of TransMedics Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Doximity beats TransMedics Group on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding DOCS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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DOCS vs. The Competition

MetricDoximityCustom computer programming services IndustryMedical SectorNASDAQ Exchange
Market Cap$5.23B$5.49B$5.09B$7.94B
Dividend YieldN/A3.00%37.18%3.91%
P/E Ratio42.4710.00181.1218.78
Price / Sales12.485.282,342.3187.78
Price / Cash33.2017.2736.3232.08
Price / Book5.633.835.724.68
Net Income$112.82M$197.27M$105.09M$217.01M
7 Day Performance19.99%2.91%1.90%2.94%
1 Month Performance11.32%8.32%4.21%6.23%
1 Year Performance-12.27%-11.95%6.46%9.80%

Doximity Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TMDX
TransMedics Group
2.8874 of 5 stars
$132.44
+0.3%
$119.00
-10.1%
+80.2%$4.36B$241.62M-389.53584Insider Selling
NUVL
Nuvalent
2.8575 of 5 stars
$68.02
+2.9%
$90.78
+33.5%
+81.8%$4.36BN/A-28.2292Analyst Forecast
Insider Selling
News Coverage
IMVT
Immunovant
1.5056 of 5 stars
$30.48
+2.0%
$48.00
+57.5%
+73.9%$4.43BN/A-16.57164Short Interest ↑
Positive News
SEM
Select Medical
4.8546 of 5 stars
$34.08
+1.1%
$34.25
+0.5%
+23.4%$4.43B$6.66B16.2354,600Analyst Revision
ALPN
Alpine Immune Sciences
1.8803 of 5 stars
$64.95
flat
$50.33
-22.5%
+658.0%$4.46B$58.88M-101.48142Analyst Forecast
News Coverage
Positive News
MDGL
Madrigal Pharmaceuticals
4.466 of 5 stars
$210.98
-0.2%
$345.09
+63.6%
-25.7%$4.50BN/A-9.14376Insider Selling
KRYS
Krystal Biotech
4.5723 of 5 stars
$159.47
+3.0%
$171.00
+7.2%
+85.0%$4.55B$95.95M85.28229Short Interest ↑
RDNT
RadNet
3.3159 of 5 stars
$56.73
+1.8%
$55.25
-2.6%
+108.3%$4.19B$1.62B189.1010,288Analyst Forecast
ALKS
Alkermes
4.8565 of 5 stars
$24.49
-0.9%
$35.38
+44.4%
-21.1%$4.14B$1.66B9.682,100Positive News
PRGO
Perrigo
4.9878 of 5 stars
$30.26
-1.8%
$40.67
+34.4%
-8.3%$4.13B$4.66B-432.299,140Analyst Upgrade
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This page (NASDAQ:DOCS) was last updated on 5/17/2024 by MarketBeat.com Staff

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