IRIX vs. RMTI, CUTR, PHUN, DFLI, REFR, KTCC, CMTL, MATH, NSYS, and PODC
Should you be buying IRIDEX stock or one of its competitors? The main competitors of IRIDEX include Rockwell Medical (RMTI), Cutera (CUTR), Phunware (PHUN), Dragonfly Energy (DFLI), Research Frontiers (REFR), Key Tronic (KTCC), Comtech Telecommunications (CMTL), Metalpha Technology (MATH), Nortech Systems (NSYS), and PodcastOne (PODC).
IRIDEX (NASDAQ:IRIX) and Rockwell Medical (NASDAQ:RMTI) are both small-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their community ranking, valuation, analyst recommendations, risk, media sentiment, profitability, earnings, institutional ownership and dividends.
IRIDEX has a beta of 0.82, indicating that its share price is 18% less volatile than the S&P 500. Comparatively, Rockwell Medical has a beta of 1.21, indicating that its share price is 21% more volatile than the S&P 500.
20.1% of IRIDEX shares are held by institutional investors. Comparatively, 23.3% of Rockwell Medical shares are held by institutional investors. 6.2% of IRIDEX shares are held by company insiders. Comparatively, 2.2% of Rockwell Medical shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Rockwell Medical has a net margin of -10.09% compared to IRIDEX's net margin of -18.45%. Rockwell Medical's return on equity of -39.17% beat IRIDEX's return on equity.
IRIDEX presently has a consensus price target of $2.00, indicating a potential downside of 29.82%. Rockwell Medical has a consensus price target of $7.00, indicating a potential upside of 329.45%. Given Rockwell Medical's higher possible upside, analysts clearly believe Rockwell Medical is more favorable than IRIDEX.
Rockwell Medical received 29 more outperform votes than IRIDEX when rated by MarketBeat users. However, 69.92% of users gave IRIDEX an outperform vote while only 57.33% of users gave Rockwell Medical an outperform vote.
In the previous week, IRIDEX had 2 more articles in the media than Rockwell Medical. MarketBeat recorded 2 mentions for IRIDEX and 0 mentions for Rockwell Medical. IRIDEX's average media sentiment score of 0.00 equaled Rockwell Medical'saverage media sentiment score.
Rockwell Medical has higher revenue and earnings than IRIDEX. IRIDEX is trading at a lower price-to-earnings ratio than Rockwell Medical, indicating that it is currently the more affordable of the two stocks.
Summary
Rockwell Medical beats IRIDEX on 12 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding IRIX 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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