INSP vs. BAX, PODD, SWAV, TFX, SOLV, GMED, PEN, GKOS, STVN, and MMSI
Should you be buying Inspire Medical Systems stock or one of its competitors? The main competitors of Inspire Medical Systems include Baxter International (BAX), Insulet (PODD), Shockwave Medical (SWAV), Teleflex (TFX), Solventum (SOLV), Globus Medical (GMED), Penumbra (PEN), Glaukos (GKOS), Stevanato Group (STVN), and Merit Medical Systems (MMSI). These companies are all part of the "surgical & medical instruments" industry.
Inspire Medical Systems (NYSE:INSP) and Baxter International (NYSE:BAX) are both medical companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, dividends, media sentiment, profitability, risk, earnings and community ranking.
Inspire Medical Systems has a beta of 1.33, indicating that its share price is 33% more volatile than the S&P 500. Comparatively, Baxter International has a beta of 0.61, indicating that its share price is 39% less volatile than the S&P 500.
94.9% of Inspire Medical Systems shares are owned by institutional investors. Comparatively, 90.2% of Baxter International shares are owned by institutional investors. 4.1% of Inspire Medical Systems shares are owned by insiders. Comparatively, 0.2% of Baxter International shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
In the previous week, Inspire Medical Systems had 1 more articles in the media than Baxter International. MarketBeat recorded 9 mentions for Inspire Medical Systems and 8 mentions for Baxter International. Inspire Medical Systems' average media sentiment score of 1.04 beat Baxter International's score of 0.77 indicating that Inspire Medical Systems is being referred to more favorably in the media.
Inspire Medical Systems currently has a consensus price target of $253.87, indicating a potential upside of 60.89%. Baxter International has a consensus price target of $44.42, indicating a potential upside of 33.95%. Given Inspire Medical Systems' stronger consensus rating and higher probable upside, equities analysts clearly believe Inspire Medical Systems is more favorable than Baxter International.
Baxter International has a net margin of 17.79% compared to Inspire Medical Systems' net margin of -2.38%. Baxter International's return on equity of 18.47% beat Inspire Medical Systems' return on equity.
Baxter International has higher revenue and earnings than Inspire Medical Systems. Inspire Medical Systems is trading at a lower price-to-earnings ratio than Baxter International, indicating that it is currently the more affordable of the two stocks.
Baxter International received 551 more outperform votes than Inspire Medical Systems when rated by MarketBeat users. Likewise, 66.12% of users gave Baxter International an outperform vote while only 60.82% of users gave Inspire Medical Systems an outperform vote.
Summary
Inspire Medical Systems and Baxter International tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding INSP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE 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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