IRTC vs. TNDM, NVCR, NVRO, TFX, SOLV, GMED, PEN, GKOS, MMSI, and INSP
Should you be buying iRhythm Technologies stock or one of its competitors? The main competitors of iRhythm Technologies include Tandem Diabetes Care (TNDM), NovoCure (NVCR), Nevro (NVRO), Teleflex (TFX), Solventum (SOLV), Globus Medical (GMED), Penumbra (PEN), Glaukos (GKOS), Merit Medical Systems (MMSI), and Inspire Medical Systems (INSP). These companies are all part of the "surgical & medical instruments" industry.
Tandem Diabetes Care (NASDAQ:TNDM) and iRhythm Technologies (NASDAQ:IRTC) are both mid-cap medical companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, risk, community ranking, earnings, profitability, dividends, valuation, institutional ownership and media sentiment.
Tandem Diabetes Care presently has a consensus price target of $50.58, indicating a potential upside of 3.55%. iRhythm Technologies has a consensus price target of $134.00, indicating a potential upside of 40.08%. Given Tandem Diabetes Care's stronger consensus rating and higher probable upside, analysts plainly believe iRhythm Technologies is more favorable than Tandem Diabetes Care.
Tandem Diabetes Care has a beta of 1.27, indicating that its stock price is 27% more volatile than the S&P 500. Comparatively, iRhythm Technologies has a beta of 1.24, indicating that its stock price is 24% more volatile than the S&P 500.
iRhythm Technologies has lower revenue, but higher earnings than Tandem Diabetes Care. iRhythm Technologies is trading at a lower price-to-earnings ratio than Tandem Diabetes Care, indicating that it is currently the more affordable of the two stocks.
Tandem Diabetes Care received 183 more outperform votes than iRhythm Technologies when rated by MarketBeat users. However, 66.04% of users gave iRhythm Technologies an outperform vote while only 61.18% of users gave Tandem Diabetes Care an outperform vote.
Tandem Diabetes Care has a net margin of -18.37% compared to Tandem Diabetes Care's net margin of -25.33%. iRhythm Technologies' return on equity of -34.38% beat Tandem Diabetes Care's return on equity.
In the previous week, iRhythm Technologies had 5 more articles in the media than Tandem Diabetes Care. MarketBeat recorded 14 mentions for iRhythm Technologies and 9 mentions for Tandem Diabetes Care. Tandem Diabetes Care's average media sentiment score of 0.84 beat iRhythm Technologies' score of 0.81 indicating that iRhythm Technologies is being referred to more favorably in the news media.
Summary
Tandem Diabetes Care beats iRhythm Technologies on 9 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding IRTC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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