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TELA Bio (TELA) Competitors

$5.60
-0.12 (-2.10%)
(As of 06/7/2024 ET)

TELA vs. APYX, ICAD, TTOO, CODX, UTMD, IRMD, BVS, OFIX, ANIK, and TMCI

Should you be buying TELA Bio stock or one of its competitors? The main competitors of TELA Bio include Apyx Medical (APYX), iCAD (ICAD), T2 Biosystems (TTOO), Co-Diagnostics (CODX), Utah Medical Products (UTMD), Iradimed (IRMD), Bioventus (BVS), Orthofix Medical (OFIX), Anika Therapeutics (ANIK), and Treace Medical Concepts (TMCI). These companies are all part of the "surgical & medical instruments" industry.

TELA Bio vs.

TELA Bio (NASDAQ:TELA) and Apyx Medical (NASDAQ:APYX) are both small-cap medical companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, valuation, institutional ownership, earnings, analyst recommendations, community ranking, risk, media sentiment and profitability.

Apyx Medical has lower revenue, but higher earnings than TELA Bio. TELA Bio is trading at a lower price-to-earnings ratio than Apyx Medical, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
TELA Bio$58.45M2.36-$46.66M-$1.67-3.35
Apyx Medical$50.45M1.10-$18.71M-$0.66-2.42

TELA Bio presently has a consensus target price of $13.00, suggesting a potential upside of 132.14%. Apyx Medical has a consensus target price of $6.17, suggesting a potential upside of 285.42%. Given Apyx Medical's higher possible upside, analysts plainly believe Apyx Medical is more favorable than TELA Bio.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TELA Bio
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
Apyx Medical
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

94.4% of TELA Bio shares are held by institutional investors. Comparatively, 55.3% of Apyx Medical shares are held by institutional investors. 6.0% of TELA Bio shares are held by company insiders. Comparatively, 13.1% of Apyx Medical shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

TELA Bio has a beta of 1.04, meaning that its stock price is 4% more volatile than the S&P 500. Comparatively, Apyx Medical has a beta of 1.25, meaning that its stock price is 25% more volatile than the S&P 500.

In the previous week, Apyx Medical had 1 more articles in the media than TELA Bio. MarketBeat recorded 2 mentions for Apyx Medical and 1 mentions for TELA Bio. Apyx Medical's average media sentiment score of 1.61 beat TELA Bio's score of 0.00 indicating that Apyx Medical is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
TELA Bio
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Apyx Medical
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Apyx Medical received 25 more outperform votes than TELA Bio when rated by MarketBeat users. However, 72.22% of users gave TELA Bio an outperform vote while only 61.60% of users gave Apyx Medical an outperform vote.

CompanyUnderperformOutperform
TELA BioOutperform Votes
52
72.22%
Underperform Votes
20
27.78%
Apyx MedicalOutperform Votes
77
61.60%
Underperform Votes
48
38.40%

Apyx Medical has a net margin of -45.20% compared to TELA Bio's net margin of -63.82%. Apyx Medical's return on equity of -76.16% beat TELA Bio's return on equity.

Company Net Margins Return on Equity Return on Assets
TELA Bio-63.82% -155.26% -48.61%
Apyx Medical -45.20%-76.16%-32.98%

Summary

Apyx Medical beats TELA Bio on 12 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TELA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This 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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TELA vs. The Competition

MetricTELA BioSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$138.07M$3.91B$5.25B$8.18B
Dividend YieldN/A1.80%2.76%4.05%
P/E Ratio-3.3510.35108.7215.52
Price / Sales2.3668.962,436.8272.51
Price / CashN/A47.7935.2330.66
Price / Book7.274.254.984.32
Net Income-$46.66M$4.50M$110.69M$216.21M
7 Day Performance1.27%-1.00%-1.09%-1.44%
1 Month Performance13.36%-1.01%-0.96%-0.97%
1 Year Performance-49.37%-18.07%4.02%4.10%

TELA Bio Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
APYX
Apyx Medical
4.465 of 5 stars
$1.62
+1.2%
$6.17
+280.7%
-77.0%$56.11M$52.35M-2.45252Positive News
Gap Down
ICAD
iCAD
0.5634 of 5 stars
$1.57
+1.9%
$5.00
+218.5%
+18.0%$41.67M$17.32M-13.0867Gap Up
TTOO
T2 Biosystems
0.0286 of 5 stars
$4.70
+1.3%
$3.00
-36.2%
-48.0%$41.31M$7.19M0.00113
CODX
Co-Diagnostics
3.4497 of 5 stars
$1.28
+24.0%
$2.00
+56.7%
+26.2%$39.94M$6.81M-0.97155High Trading Volume
UTMD
Utah Medical Products
3.3676 of 5 stars
$67.40
+0.1%
N/A-32.1%$237.92M$50.22M14.98169News Coverage
Positive News
IRMD
Iradimed
4.9982 of 5 stars
$43.00
-0.6%
$62.50
+45.3%
-11.8%$544.38M$65.56M30.50148News Coverage
Positive News
BVS
Bioventus
3.6896 of 5 stars
$6.72
-2.0%
$8.00
+19.0%
+109.6%$532.02M$512.34M-19.20995Positive News
OFIX
Orthofix Medical
1.0977 of 5 stars
$13.64
-2.5%
$18.00
+32.0%
-32.4%$511.91M$746.64M-4.041,634
ANIK
Anika Therapeutics
3.1878 of 5 stars
$26.24
-0.9%
$30.50
+16.2%
-3.8%$389.14M$166.66M-5.00357
TMCI
Treace Medical Concepts
3.4591 of 5 stars
$6.13
+0.3%
$12.21
+99.3%
-77.2%$380.12M$187.12M-6.97516Positive News
Gap Up

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This page (NASDAQ:TELA) was last updated on 6/9/2024 by MarketBeat.com Staff

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