NVCR vs. ICUI, NARI, IART, IRTC, LMAT, TNDM, ATEC, AXNX, PRCT, and MDXG
Should you be buying NovoCure stock or one of its competitors? The main competitors of NovoCure include ICU Medical (ICUI), Inari Medical (NARI), Integra LifeSciences (IART), iRhythm Technologies (IRTC), LeMaitre Vascular (LMAT), Tandem Diabetes Care (TNDM), Alphatec (ATEC), Axonics (AXNX), PROCEPT BioRobotics (PRCT), and MiMedx Group (MDXG). These companies are all part of the "surgical & medical instruments" industry.
ICU Medical (NASDAQ:ICUI) and NovoCure (NASDAQ:NVCR) are both mid-cap medical companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, profitability, earnings, community ranking, dividends, valuation, media sentiment, analyst recommendations and institutional ownership.
96.1% of ICU Medical shares are held by institutional investors. Comparatively, 84.6% of NovoCure shares are held by institutional investors. 6.7% of ICU Medical shares are held by company insiders. Comparatively, 6.3% of NovoCure shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
NovoCure received 84 more outperform votes than ICU Medical when rated by MarketBeat users. However, 64.48% of users gave ICU Medical an outperform vote while only 63.71% of users gave NovoCure an outperform vote.
In the previous week, NovoCure had 2 more articles in the media than ICU Medical. MarketBeat recorded 8 mentions for NovoCure and 6 mentions for ICU Medical. NovoCure's average media sentiment score of 1.73 beat ICU Medical's score of 0.82 indicating that ICU Medical is being referred to more favorably in the media.
ICU Medical currently has a consensus price target of $123.00, indicating a potential upside of 17.25%. NovoCure has a consensus price target of $30.88, indicating a potential upside of 38.33%. Given ICU Medical's higher probable upside, analysts plainly believe NovoCure is more favorable than ICU Medical.
ICU Medical has a net margin of -2.63% compared to ICU Medical's net margin of -36.67%. NovoCure's return on equity of 5.38% beat ICU Medical's return on equity.
ICU Medical has a beta of 0.72, indicating that its share price is 28% less volatile than the S&P 500. Comparatively, NovoCure has a beta of 0.5, indicating that its share price is 50% less volatile than the S&P 500.
ICU Medical has higher revenue and earnings than NovoCure. ICU Medical is trading at a lower price-to-earnings ratio than NovoCure, indicating that it is currently the more affordable of the two stocks.
Summary
ICU Medical beats NovoCure on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NVCR 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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