Free Trial

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.

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.

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

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

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.

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

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
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
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 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Apyx Medical$52.35M1.06-$18.71M-$0.66-2.42
TELA Bio$63.15M2.19-$46.66M-$1.67-3.35

Summary

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

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.
Skip Chart

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.
Skip Chart

TELA vs. The Competition

MetricTELA BioSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$138.07M$3.91B$5.26B$8.17B
Dividend YieldN/A1.79%2.74%4.04%
P/E Ratio-3.3515.23140.1218.13
Price / Sales2.1972.862,403.0666.88
Price / CashN/A48.3435.3931.03
Price / Book7.274.314.984.32
Net Income-$46.66M$4.50M$110.61M$216.21M
7 Day Performance1.27%-1.00%-1.08%-1.44%
1 Month Performance16.67%-0.39%-0.68%-0.60%
1 Year Performance-47.42%-18.40%2.90%3.53%

TELA Bio Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
APYX
Apyx Medical
4.4583 of 5 stars
$1.62
+1.2%
$6.17
+280.7%
-77.0%$56.11M$52.35M-2.45252Gap Down
ICAD
iCAD
0.5489 of 5 stars
$1.57
+1.9%
$5.00
+218.5%
+18.0%$41.67M$17.32M-13.0867Gap Up
TTOO
T2 Biosystems
0.0304 of 5 stars
$4.70
+1.3%
$3.00
-36.2%
-48.0%$41.31M$7.19M0.00113
CODX
Co-Diagnostics
3.466 of 5 stars
$1.28
+24.0%
$2.00
+56.7%
+26.2%$39.94M$6.81M-0.97155Gap Up
High Trading Volume
UTMD
Utah Medical Products
2.326 of 5 stars
$67.40
+0.1%
N/A-32.1%$237.92M$50.22M14.98169
IRMD
Iradimed
4.9973 of 5 stars
$43.00
-0.6%
$62.50
+45.3%
-11.8%$544.38M$65.56M30.50148News Coverage
Positive News
BVS
Bioventus
3.6779 of 5 stars
$6.72
-2.0%
$8.00
+19.0%
+109.6%$532.02M$512.34M-19.20995Positive News
OFIX
Orthofix Medical
0.9183 of 5 stars
$13.64
-2.5%
$18.00
+32.0%
-32.4%$511.91M$746.64M-4.041,634
ANIK
Anika Therapeutics
2.5992 of 5 stars
$26.24
-0.9%
$30.50
+16.2%
-3.8%$389.14M$166.66M-5.00357
TMCI
Treace Medical Concepts
3.4483 of 5 stars
$6.13
+0.3%
$12.21
+99.3%
-77.2%$380.12M$187.12M-6.97516Positive News
Gap Down

Related Companies and Tools

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

From Our Partners