Docgo Inc Stock Analysis

DocGo Stock Analysis Notes

About 55.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.33. Some equities with similar Price to Book (P/B) outperform the market in the long run. DocGo Inc has Price/Earnings To Growth (PEG) ratio of 1.05. The entity had not issued any dividends in recent years. DocGo, Inc. provides mobile health and medical transportation services for various health care providers in the United States and the United Kingdom. DocGo, Inc. was incorporated in 2015 and is headquartered in New York, New York. Docgo operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 1706 people. To learn more about DocGo Inc call James MD at 844 443 6246 or check out https://www.docgo.com.

DocGo Inc Investment Alerts

DocGo Inc Upcoming and Recent Events

DocGo Largest EPS Surprises

View All Earnings Estimates

DocGo Environmental, Social, and Governance (ESG) Scores

DocGo Stock Institutional Investors

Note, although DocGo's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

DocGo Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 433.72 M.

DocGo Profitablity

The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07.

Management Efficiency

DocGo Inc has return on total asset (ROA) of 0.0658 % which means that it generated a profit of $0.0658 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0941 %, meaning that it created $0.0941 on every $100 dollars invested by stockholders. DocGo's management efficiency ratios could be used to measure how well DocGo manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.05. At this time, DocGo's Non Currrent Assets Other are very stable compared to the past year. As of the 23rd of November 2024, Other Assets is likely to grow to about 24.6 M, while Total Assets are likely to drop about 306.8 M.

Technical Drivers

As of the 23rd of November, DocGo shows the Semi Deviation of 2.58, downside deviation of 2.97, and Mean Deviation of 2.09. DocGo Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

DocGo Inc Price Movement Analysis

DocGo Inc Insider Trading Activities

DocGo Outstanding Bonds

DocGo Predictive Daily Indicators

DocGo Corporate Filings

DocGo Forecast Models

DocGo's time-series forecasting models are one of many DocGo's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary DocGo's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how DocGo prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling DocGo shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as DocGo. By using and applying DocGo Stock analysis, traders can create a robust methodology for identifying DocGo entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. DocGo analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. DocGo analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

DocGo Inc stock analysis indicators help investors evaluate how DocGo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading DocGo shares will generate the highest return on investment. By understating and applying DocGo stock analysis, traders can identify DocGo position entry and exit signals to maximize returns.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DocGo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DocGo. If investors know DocGo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DocGo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of DocGo Inc is measured differently than its book value, which is the value of DocGo that is recorded on the company's balance sheet. Investors also form their own opinion of DocGo's value that differs from its market value or its book value, called intrinsic value, which is DocGo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DocGo's market value can be influenced by many factors that don't directly affect DocGo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between DocGo's value and its price as these two are different measures arrived at by different means. Investors typically determine if DocGo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DocGo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.