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Haemonetics (HAE) Competitors

Haemonetics logo
$71.15
-0.87 (-1.21%)
(As of 10/31/2024 ET)

HAE vs. MMSI, XRAY, ICUI, NEOG, QDEL, STAA, OSUR, CERS, ANIK, and UTMD

Should you be buying Haemonetics stock or one of its competitors? The main competitors of Haemonetics include Merit Medical Systems (MMSI), DENTSPLY SIRONA (XRAY), ICU Medical (ICUI), Neogen (NEOG), QuidelOrtho (QDEL), STAAR Surgical (STAA), OraSure Technologies (OSUR), Cerus (CERS), Anika Therapeutics (ANIK), and Utah Medical Products (UTMD). These companies are all part of the "health care supplies" industry.

Haemonetics vs.

Merit Medical Systems (NASDAQ:MMSI) and Haemonetics (NYSE:HAE) are both mid-cap medical companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, community ranking, media sentiment, analyst recommendations, dividends, profitability, valuation, risk and earnings.

Merit Medical Systems has a net margin of 9.02% compared to Haemonetics' net margin of 8.61%. Haemonetics' return on equity of 21.86% beat Merit Medical Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Merit Medical Systems9.02% 15.29% 8.58%
Haemonetics 8.61%21.86%9.04%

In the previous week, Merit Medical Systems had 23 more articles in the media than Haemonetics. MarketBeat recorded 27 mentions for Merit Medical Systems and 4 mentions for Haemonetics. Merit Medical Systems' average media sentiment score of 1.16 beat Haemonetics' score of 0.80 indicating that Merit Medical Systems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Merit Medical Systems
13 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Haemonetics
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

99.7% of Merit Medical Systems shares are owned by institutional investors. Comparatively, 99.7% of Haemonetics shares are owned by institutional investors. 3.7% of Merit Medical Systems shares are owned by insiders. Comparatively, 1.8% of Haemonetics shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Merit Medical Systems currently has a consensus target price of $103.36, indicating a potential upside of 3.80%. Haemonetics has a consensus target price of $106.14, indicating a potential upside of 48.45%. Given Haemonetics' higher possible upside, analysts plainly believe Haemonetics is more favorable than Merit Medical Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Merit Medical Systems
0 Sell rating(s)
2 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.92
Haemonetics
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71

Merit Medical Systems received 43 more outperform votes than Haemonetics when rated by MarketBeat users. Likewise, 69.34% of users gave Merit Medical Systems an outperform vote while only 61.07% of users gave Haemonetics an outperform vote.

CompanyUnderperformOutperform
Merit Medical SystemsOutperform Votes
432
69.34%
Underperform Votes
191
30.66%
HaemoneticsOutperform Votes
389
61.07%
Underperform Votes
248
38.93%

Merit Medical Systems has a beta of 0.87, meaning that its stock price is 13% less volatile than the S&P 500. Comparatively, Haemonetics has a beta of 0.3, meaning that its stock price is 70% less volatile than the S&P 500.

Haemonetics has higher revenue and earnings than Merit Medical Systems. Haemonetics is trading at a lower price-to-earnings ratio than Merit Medical Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Merit Medical Systems$1.30B4.44$94.41M$1.7457.19
Haemonetics$1.33B2.75$117.56M$2.2931.43

Summary

Merit Medical Systems beats Haemonetics on 12 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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 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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HAE vs. The Competition

MetricHaemoneticsSurgical & medical instruments IndustryMedical SectorNYSE Exchange
Market Cap$3.67B$4.53B$5.37B$19.26B
Dividend YieldN/A43.24%5.21%3.52%
P/E Ratio32.2732.75140.7331.45
Price / Sales2.7567.861,437.0716.91
Price / Cash12.3147.9838.9420.46
Price / Book3.814.494.745.41
Net Income$117.56M$13.97M$115.38M$984.71M
7 Day Performance-5.00%1.35%-0.60%-0.06%
1 Month Performance-10.42%1.28%3.92%-0.49%
1 Year Performance-15.56%56.42%39.36%29.98%

Haemonetics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HAE
Haemonetics
4.8456 of 5 stars
$71.15
-1.2%
$106.14
+49.2%
-15.2%$3.64B$1.33B31.913,657Upcoming Earnings
MMSI
Merit Medical Systems
4.5638 of 5 stars
$99.51
+4.9%
$103.00
+3.5%
+42.8%$5.78B$1.30B49.766,950Earnings Report
Analyst Forecast
Analyst Revision
News Coverage
XRAY
DENTSPLY SIRONA
4.7434 of 5 stars
$23.26
-0.6%
$32.67
+40.4%
-21.9%$4.72B$3.97B-27.0515,000Upcoming Earnings
Analyst Upgrade
Short Interest ↓
ICUI
ICU Medical
4.0565 of 5 stars
$172.45
-1.7%
$170.25
-1.3%
+78.2%$4.20B$2.30B-59.0614,000Upcoming Earnings
Positive News
NEOG
Neogen
2.5427 of 5 stars
$14.40
-1.2%
$17.50
+21.5%
-3.3%$3.12B$912.20M-130.912,640Positive News
QDEL
QuidelOrtho
4.3904 of 5 stars
$38.67
-0.8%
$58.83
+52.1%
-35.2%$2.60B$3.00B-1.397,100Upcoming Earnings
News Coverage
STAA
STAAR Surgical
4.8489 of 5 stars
$28.50
-3.4%
$45.57
+59.9%
-28.0%$1.40B$332.94M83.821,115Analyst Forecast
Short Interest ↓
News Coverage
Gap Up
OSUR
OraSure Technologies
4.4925 of 5 stars
$4.09
-2.6%
$6.67
+63.0%
-18.1%$304.98M$273.54M11.36638Upcoming Earnings
CERS
Cerus
2.7444 of 5 stars
$1.65
-4.4%
$3.63
+120.4%
+31.3%$304.81M$169.98M-12.65625Gap Up
ANIK
Anika Therapeutics
4.2378 of 5 stars
$16.59
-32.8%
$30.50
+83.8%
+30.0%$245.48M$166.88M-3.27357News Coverage
Gap Down
High Trading Volume
UTMD
Utah Medical Products
3.9255 of 5 stars
$63.91
-0.2%
N/A-19.0%$225.47M$46.58M14.76180Analyst Upgrade
News Coverage

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This page (NYSE:HAE) was last updated on 10/31/2024 by MarketBeat.com Staff
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