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.
Apyx Medical (NASDAQ:APYX) and TELA Bio (NASDAQ:TELA) are both small-cap medical companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, dividends, earnings, community ranking, media sentiment, valuation, risk, analyst recommendations and institutional ownership.
Apyx Medical has a net margin of -45.20% compared to Apyx Medical's net margin of -63.82%. TELA Bio's return on equity of -76.16% beat Apyx Medical's return on equity.
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.
55.3% of Apyx Medical shares are owned by institutional investors. Comparatively, 94.3% of TELA Bio shares are owned by institutional investors. 13.1% of Apyx Medical shares are owned by insiders. Comparatively, 6.0% of TELA Bio shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Apyx Medical currently has a consensus price target of $6.17, indicating a potential upside of 285.42%. TELA Bio has a consensus price target of $13.00, indicating a potential upside of 132.14%. Given TELA Bio's higher probable upside, analysts clearly believe Apyx Medical is more favorable than TELA Bio.
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. TELA Bio's average media sentiment score of 1.61 beat Apyx Medical's score of 0.00 indicating that Apyx Medical is being referred to more favorably in the media.
Apyx Medical has a beta of 1.25, suggesting that its stock price is 25% more volatile than the S&P 500. Comparatively, TELA Bio has a beta of 1.04, suggesting that its stock price is 4% more volatile than the S&P 500.
Apyx Medical has higher earnings, but lower revenue 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.
Summary
Apyx Medical beats TELA Bio on 12 of the 17 factors compared between the two stocks.
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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.
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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