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NYSE:DOCS stands out as a growth opportunity that won't break the bank.

By Mill Chart

Last update: Feb 29, 2024

Our stock screener has spotted DOXIMITY INC-CLASS A (NYSE:DOCS) as a growth stock which is not overvalued. NYSE:DOCS is scoring great on several growth aspects while it also shows decent health and profitability. At the same time it remains remains attractively priced. We'll dive into each aspect below.

How do we evaluate the Growth for NYSE:DOCS?

To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. NYSE:DOCS has achieved a 8 out of 10:

  • DOCS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.62%, which is quite impressive.
  • DOCS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 106.72% yearly.
  • DOCS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.57%.
  • Measured over the past years, DOCS shows a very strong growth in Revenue. The Revenue has been growing by 53.27% on average per year.
  • DOCS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.19% yearly.
  • The Revenue is expected to grow by 11.62% on average over the next years. This is quite good.

What does the Valuation looks like for NYSE:DOCS

ChartMill assigns a proprietary Valuation Rating to each stock. The score is computed by evaluating various valuation aspects, like price to earnings and free cash flow, both absolutely as relative to the market and industry. NYSE:DOCS was assigned a score of 5 for valuation:

  • DOCS's Price/Earnings ratio is rather cheap when compared to the industry. DOCS is cheaper than 92.50% of the companies in the same industry.
  • DOCS's Price/Forward Earnings ratio is rather cheap when compared to the industry. DOCS is cheaper than 90.00% of the companies in the same industry.
  • Based on the Enterprise Value to EBITDA ratio, DOCS is valued cheaply inside the industry as 85.00% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, DOCS is valued cheaper than 82.50% of the companies in the same industry.
  • The excellent profitability rating of DOCS may justify a higher PE ratio.

Evaluating Health: NYSE:DOCS

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NYSE:DOCS has earned a 9 out of 10:

  • An Altman-Z score of 24.88 indicates that DOCS is not in any danger for bankruptcy at the moment.
  • DOCS has a Altman-Z score of 24.88. This is amongst the best in the industry. DOCS outperforms 92.50% of its industry peers.
  • There is no outstanding debt for DOCS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
  • A Current Ratio of 8.03 indicates that DOCS has no problem at all paying its short term obligations.
  • DOCS has a Current ratio of 8.03. This is amongst the best in the industry. DOCS outperforms 90.00% of its industry peers.
  • A Quick Ratio of 8.03 indicates that DOCS has no problem at all paying its short term obligations.
  • With an excellent Quick ratio value of 8.03, DOCS belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.

Evaluating Profitability: NYSE:DOCS

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:DOCS scores a 9 out of 10:

  • With an excellent Return On Assets value of 13.76%, DOCS belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • The Return On Equity of DOCS (15.92%) is better than 97.50% of its industry peers.
  • DOCS has a Return On Invested Capital of 15.40%. This is amongst the best in the industry. DOCS outperforms 100.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for DOCS is significantly above the industry average of 4.45%.
  • DOCS has a Profit Margin of 29.39%. This is amongst the best in the industry. DOCS outperforms 100.00% of its industry peers.
  • DOCS's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 34.75%, DOCS belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • In the last couple of years the Operating Margin of DOCS has grown nicely.
  • DOCS has a better Gross Margin (88.94%) than 97.50% of its industry peers.

More Affordable Growth stocks can be found in our Affordable Growth screener.

Our latest full fundamental report of DOCS contains the most current fundamental analsysis.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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DOXIMITY INC-CLASS A

NYSE:DOCS (4/19/2024, 7:04:00 PM)

After market: 24.6 -0.03 (-0.12%)

24.63

-0.19 (-0.77%)

DOCS News

News Image12 hours ago - Pomerantz LLPSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Doximity, Inc. - DOCS

/PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Doximity, Inc. ("Doximity" or the "Company") (NYSE: DOCS). Such investors are...

News Image13 hours ago - Kessler Topaz Meltzer & Check, LLPDOCS Class Action Lawsuit Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Doximity, Inc. (DOCS) that a Securities Fraud Class Action Lawsuit Has Been Filed On Their Behalf

/PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that today the firm has filed a securities fraud class action lawsuit...

News Imagea day ago - Kahn Swick & Foti, LLCDOXIMITY SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Doximity, Inc. - DOCS
News Imagea day ago - The Law Offices of Frank R. CruzThe Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Doximity, Inc. (DOCS) Investors
News Image2 days ago - Bronstein, Gewirtz & Grossman, LLCDOCS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Doximity, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

/PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has...

News Image2 days ago - Schall LawSHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Doximity, Inc. with Losses to Contact the Firm
News Image2 days ago - Bernstein Liebhard LLPDOXIMITY, INC. (NYSE: DOCS) INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Doximity, Inc.
News Image2 days ago - Kessler Topaz Meltzer & Check, LLPClass Action Announcement (DOCS): Kessler Topaz Meltzer & Check, LLP Has Filed A Securities Fraud Class Action Lawsuit Against Doximity, Inc.

/PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that today the firm has filed a securities fraud class action lawsuit...

News Image3 days ago - Robbins Geller Rudman & Dowd LLPDOCS INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Doximity, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
News Image3 days ago - Bragar Eagel & SquireDOXIMITY ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Doximity, Inc. and Encourages Investors to Contact the Firm
News Image3 days ago - Robbins LLPStockholder Alert: Robbins LLP Informs Investors of the Class Action Filed Against Doximity, Inc. (DOCS)
News Image3 days ago - Kessler Topaz Meltzer & Check, LLPInvestor Alert: Kessler Topaz Meltzer & Check, LLP Files a Securities Fraud Class Action Lawsuit Against Doximity, Inc. and Encourages Investors With Losses to Contact the Firm (NYSE: DOCS)
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