DocGo: Upside Remains Attractive After Share Price Decline [Seeking Alpha]
DocGo Inc. (DCGO)
Company Research
Source: Seeking Alpha
Recent results show strong revenue growth and margin expansion, driven by steady contracts and growth in trip volumes and average price. Management's positive commentary, impressive pipeline, and plans for RFP submissions in FY24 indicate continued momentum and cross-sell success. Overview My recommendation for DocGo ( NASDAQ: DCGO ) is a buy rating. While I agree that my previous assumptions are too aggressive, the upside from the current share price remains attractive even with conservative estimates. I expect execution momentum to continue, driving more cross-sell success and RFP wins, which could lead to an upside surprise in FY24. As for valuation, I do think there is potential for it to get re-rated upwards if the market starts to see strong EBITDA growth (a combination of topline growth and EBITDA margin expansion). Note that I previously rated the buy rating for DCGO given that the valuation was not accurately reflecting what I thought was the true value for the busines
Show less
Read more
Impact Snapshot
Event Time:
DCGO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DCGO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DCGO alerts
High impacting DocGo Inc. news events
Weekly update
A roundup of the hottest topics
DCGO
News
- DOCGO INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of DocGo Inc. - DCGOBusiness Wire
- Moore Law PLLC Investigating LOTZ, EDR, DCGO and MRCY; Shareholders are Encouraged to Contact the FirmPR Newswire
- DocGo to Announce First Quarter 2024 Results on Wednesday, May 8, 2024Business Wire
- INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against DocGo Inc. and Encourages Investors with Losses to Contact the FirmAccesswire
- IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against DocGo Inc. and Encourages Investors with Losses to Contact the FirmAccesswire
DCGO
Earnings
- 11/6/23 - Miss
DCGO
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- DCGO's page on the SEC website