Tenon Medical (TNON) Competitors

$0.88
+0.01 (+1.16%)
(As of 05/16/2024 ET)

TNON vs. IONM, AEMD, GMVDF, QNRX, AFIB, STSS, INVO, DYNT, RSLS, and VERO

Should you be buying Tenon Medical stock or one of its competitors? The main competitors of Tenon Medical include Assure (IONM), Aethlon Medical (AEMD), G Medical Innovations (GMVDF), Quoin Pharmaceuticals (QNRX), Acutus Medical (AFIB), Sharps Technology (STSS), INVO Bioscience (INVO), Dynatronics (DYNT), ReShape Lifesciences (RSLS), and Venus Concept (VERO). These companies are all part of the "surgical & medical instruments" industry.

Tenon Medical vs.

Tenon Medical (NASDAQ:TNON) and Assure (NASDAQ:IONM) are both small-cap medical companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, valuation, community ranking, institutional ownership, media sentiment and risk.

In the previous week, Tenon Medical had 1 more articles in the media than Assure. MarketBeat recorded 10 mentions for Tenon Medical and 9 mentions for Assure. Assure's average media sentiment score of 0.66 beat Tenon Medical's score of 0.36 indicating that Assure is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tenon Medical
1 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Assure
1 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Tenon Medical and Assure both received 3 outperform votes by MarketBeat users. However, 100.00% of users gave Tenon Medical an outperform vote while only 27.27% of users gave Assure an outperform vote.

CompanyUnderperformOutperform
Tenon MedicalOutperform Votes
3
100.00%
Underperform Votes
No Votes
AssureOutperform Votes
3
27.27%
Underperform Votes
8
72.73%

Tenon Medical has a beta of 2.21, indicating that its share price is 121% more volatile than the S&P 500. Comparatively, Assure has a beta of 1.87, indicating that its share price is 87% more volatile than the S&P 500.

Assure has a net margin of 0.00% compared to Tenon Medical's net margin of -532.14%. Tenon Medical's return on equity of -934.11% beat Assure's return on equity.

Company Net Margins Return on Equity Return on Assets
Tenon Medical-532.14% -934.11% -200.10%
Assure N/A -4,981.62%-133.58%

Tenon Medical presently has a consensus target price of $3.00, suggesting a potential upside of 242.86%. Assure has a consensus target price of $4.00, suggesting a potential upside of 740.34%. Given Assure's higher possible upside, analysts plainly believe Assure is more favorable than Tenon Medical.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tenon Medical
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Assure
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Tenon Medical has higher revenue and earnings than Assure.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tenon Medical$2.93M1.11-$15.58M-$9.74-0.09
Assure$250K12.79-$26.08MN/AN/A

22.7% of Tenon Medical shares are owned by institutional investors. Comparatively, 3.3% of Assure shares are owned by institutional investors. 8.4% of Tenon Medical shares are owned by company insiders. Comparatively, 3.8% of Assure shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Tenon Medical beats Assure on 9 of the 14 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 TNON 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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TNON vs. The Competition

MetricTenon MedicalSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$3.26M$3.93B$5.11B$7.95B
Dividend YieldN/A1.88%37.14%3.93%
P/E Ratio-0.0917.14170.9218.78
Price / Sales1.1173.442,321.7183.87
Price / CashN/A46.9336.1531.19
Price / Book2.924.685.474.47
Net Income-$15.58M$4.48M$105.14M$217.14M
7 Day Performance-1.57%2.27%2.43%2.78%
1 Month Performance13.64%3.03%4.64%6.02%
1 Year Performance-49.13%19.51%7.18%9.67%

Tenon Medical Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IONM
Assure
1.7211 of 5 stars
$0.49
+2.1%
$4.00
+718.0%
-59.3%$3.29M$250,000.000.00127News Coverage
Gap Up
AEMD
Aethlon Medical
1.4566 of 5 stars
$1.28
-2.3%
$10.00
+681.3%
-87.3%$3.35M$570,000.00-0.2615Analyst Forecast
Analyst Revision
GMVDF
G Medical Innovations
0 of 5 stars
$0.01
flat
N/AN/A$3.38M$4.42M0.0084Gap Down
QNRX
Quoin Pharmaceuticals
2.7877 of 5 stars
$0.77
+2.7%
$4.00
+420.2%
-86.4%$2.84MN/A-0.084Gap Up
AFIB
Acutus Medical
0 of 5 stars
$0.12
+19.4%
N/A-95.1%$3.66M$7.16M-0.10230Gap Down
High Trading Volume
STSS
Sharps Technology
1.8933 of 5 stars
$0.24
-4.0%
N/A-79.0%$3.76MN/A0.0057Gap Down
INVO
INVO Bioscience
0 of 5 stars
$0.93
+8.1%
N/A-85.8%$2.55M$3.02M-0.0825Upcoming Earnings
Gap Up
DYNT
Dynatronics
1.2162 of 5 stars
$0.47
+2.2%
$3.80
+703.0%
-41.8%$2.31M$40.61M-0.34154Gap Up
RSLS
ReShape Lifesciences
0 of 5 stars
$0.17
+6.1%
N/A-92.7%$2.29M$8.68M0.0029Upcoming Earnings
News Coverage
VERO
Venus Concept
0.941 of 5 stars
$0.69
+3.0%
N/A-77.7%$4.36M$76.35M-0.10304Gap Down

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This page (NASDAQ:TNON) was last updated on 5/17/2024 by MarketBeat.com Staff

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