Contrasting Doximity (NYSE:DOCS) and Nextdoor (NYSE:NXDR)

Nextdoor (NYSE:NXDRGet Free Report) and Doximity (NYSE:DOCSGet Free Report) are both services companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, earnings and institutional ownership.

Institutional & Insider Ownership

35.7% of Nextdoor shares are held by institutional investors. Comparatively, 87.2% of Doximity shares are held by institutional investors. 33.4% of Nextdoor shares are held by insiders. Comparatively, 31.8% of Doximity shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of recent recommendations and price targets for Nextdoor and Doximity, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nextdoor 1 3 0 0 1.75
Doximity 3 13 6 2 2.29

Nextdoor currently has a consensus target price of $2.17, suggesting a potential downside of 5.23%. Doximity has a consensus target price of $29.33, suggesting a potential upside of 43.99%. Given Doximity’s stronger consensus rating and higher probable upside, analysts plainly believe Doximity is more favorable than Nextdoor.

Profitability

This table compares Nextdoor and Doximity’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Nextdoor -16.47% -9.22% -8.13%
Doximity 30.40% 20.40% 17.43%

Risk and Volatility

Nextdoor has a beta of 1.36, meaning that its share price is 36% more volatile than the S&P 500. Comparatively, Doximity has a beta of 1.3, meaning that its share price is 30% more volatile than the S&P 500.

Valuation & Earnings

This table compares Nextdoor and Doximity”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Nextdoor $257.65 million 3.40 -$54.20 million ($0.11) -20.86
Doximity $644.86 million 5.78 $196.05 million $0.99 20.58

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

Summary

Doximity beats Nextdoor on 13 of the 15 factors compared between the two stocks.

About Nextdoor

(Get Free Report)

Nextdoor Holdings, Inc. operates as the neighborhood network that connects neighbors, businesses, and public services in the United States and internationally. It enables small and mid-sized businesses, large brands, public agencies, and nonprofits to receive information, give and get help, and build connections. The company is headquartered in San Francisco, California.

About Doximity

(Get Free Report)

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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