ARAY vs. ANGO, SRDX, CTSO, OFIX, INO, UTMD, RCEL, PROF, DRTS, and SGHT
Should you be buying Accuray stock or one of its competitors? The main competitors of Accuray include AngioDynamics (ANGO), Surmodics (SRDX), Cytosorbents (CTSO), Orthofix Medical (OFIX), Inovio Pharmaceuticals (INO), Utah Medical Products (UTMD), AVITA Medical (RCEL), Profound Medical (PROF), Alpha Tau Medical (DRTS), and Sight Sciences (SGHT). These companies are all part of the "surgical & medical instruments" industry.
AngioDynamics (NASDAQ:ANGO) and Accuray (NASDAQ:ARAY) are both small-cap medical companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, valuation, earnings, analyst recommendations, risk, institutional ownership, community ranking, media sentiment and dividends.
In the previous week, AngioDynamics had 1 more articles in the media than Accuray. MarketBeat recorded 3 mentions for AngioDynamics and 2 mentions for Accuray. AngioDynamics' average media sentiment score of 0.95 beat Accuray's score of 0.90 indicating that Accuray is being referred to more favorably in the news media.
AngioDynamics received 30 more outperform votes than Accuray when rated by MarketBeat users. However, 65.67% of users gave Accuray an outperform vote while only 60.67% of users gave AngioDynamics an outperform vote.
89.4% of AngioDynamics shares are owned by institutional investors. Comparatively, 64.1% of Accuray shares are owned by institutional investors. 5.1% of AngioDynamics shares are owned by company insiders. Comparatively, 3.8% of Accuray shares are owned by company 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.
AngioDynamics has a beta of 0.66, suggesting that its share price is 34% less volatile than the S&P 500. Comparatively, Accuray has a beta of 1.44, suggesting that its share price is 44% more volatile than the S&P 500.
AngioDynamics currently has a consensus target price of $14.25, indicating a potential upside of 132.46%. Accuray has a consensus target price of $8.25, indicating a potential upside of 275.00%. Given AngioDynamics' higher possible upside, analysts plainly believe Accuray is more favorable than AngioDynamics.
Accuray has higher revenue and earnings than AngioDynamics. Accuray is trading at a lower price-to-earnings ratio than AngioDynamics, indicating that it is currently the more affordable of the two stocks.
Accuray has a net margin of -3.25% compared to Accuray's net margin of -60.21%. Accuray's return on equity of -3.48% beat AngioDynamics' return on equity.
Summary
AngioDynamics beats Accuray on 9 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ARAY 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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