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Accelerate Diagnostics (AXDX) Competitors

$1.19
-0.13 (-9.85%)
(As of 05/31/2024 ET)

AXDX vs. BLI, AKYA, BNGO, PRE, RPID, OMIC, TLIS, ASTC, HLTH, and PRPO

Should you be buying Accelerate Diagnostics stock or one of its competitors? The main competitors of Accelerate Diagnostics include Berkeley Lights (BLI), Akoya Biosciences (AKYA), Bionano Genomics (BNGO), Prenetics Global (PRE), Rapid Micro Biosystems (RPID), Singular Genomics Systems (OMIC), Talis Biomedical (TLIS), Astrotech (ASTC), Cue Health (HLTH), and Precipio (PRPO). These companies are all part of the "analytical instruments" industry.

Accelerate Diagnostics vs.

Accelerate Diagnostics (NASDAQ:AXDX) and Berkeley Lights (NASDAQ:BLI) are both small-cap medical companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, community ranking, institutional ownership, valuation, analyst recommendations, risk and media sentiment.

17.1% of Accelerate Diagnostics shares are owned by institutional investors. Comparatively, 68.4% of Berkeley Lights shares are owned by institutional investors. 43.6% of Accelerate Diagnostics shares are owned by company insiders. Comparatively, 17.6% of Berkeley Lights shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Accelerate Diagnostics presently has a consensus target price of $1.00, indicating a potential downside of 15.97%.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Accelerate Diagnostics
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Berkeley Lights
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Accelerate Diagnostics received 346 more outperform votes than Berkeley Lights when rated by MarketBeat users. Likewise, 62.99% of users gave Accelerate Diagnostics an outperform vote while only 26.67% of users gave Berkeley Lights an outperform vote.

CompanyUnderperformOutperform
Accelerate DiagnosticsOutperform Votes
354
62.99%
Underperform Votes
208
37.01%
Berkeley LightsOutperform Votes
8
26.67%
Underperform Votes
22
73.33%

Accelerate Diagnostics has higher earnings, but lower revenue than Berkeley Lights. Accelerate Diagnostics is trading at a lower price-to-earnings ratio than Berkeley Lights, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Accelerate Diagnostics$12.06M2.18-$61.62M-$4.07-0.29
Berkeley Lights$78.60M0.00-$98.04M-$1.43N/A

Berkeley Lights has a net margin of -124.74% compared to Accelerate Diagnostics' net margin of -452.28%. Accelerate Diagnostics' return on equity of 0.00% beat Berkeley Lights' return on equity.

Company Net Margins Return on Equity Return on Assets
Accelerate Diagnostics-452.28% N/A -205.15%
Berkeley Lights -124.74%-57.56%-39.40%

In the previous week, Accelerate Diagnostics had 5 more articles in the media than Berkeley Lights. MarketBeat recorded 5 mentions for Accelerate Diagnostics and 0 mentions for Berkeley Lights. Accelerate Diagnostics' average media sentiment score of 0.43 beat Berkeley Lights' score of 0.00 indicating that Accelerate Diagnostics is being referred to more favorably in the media.

Company Overall Sentiment
Accelerate Diagnostics Neutral
Berkeley Lights Neutral

Accelerate Diagnostics has a beta of 0.53, suggesting that its share price is 47% less volatile than the S&P 500. Comparatively, Berkeley Lights has a beta of 1.36, suggesting that its share price is 36% more volatile than the S&P 500.

Summary

Accelerate Diagnostics beats Berkeley Lights on 9 of the 15 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 AXDX 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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AXDX vs. The Competition

MetricAccelerate DiagnosticsAnalytical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$26.24M$5.11B$5.17B$7.99B
Dividend YieldN/A0.43%2.76%4.00%
P/E Ratio-0.2913.82108.9915.98
Price / Sales2.184.882,392.5176.65
Price / CashN/A35.9935.4331.55
Price / Book-1.022.285.544.59
Net Income-$61.62M-$10.98M$106.07M$213.90M
7 Day Performance-13.77%-1.83%1.14%0.87%
1 Month Performance26.34%-6.40%0.65%1.82%
1 Year Performance-84.13%-28.02%2.70%5.90%

Accelerate Diagnostics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLI
Berkeley Lights
0 of 5 stars
N/AN/AN/A$72.04M$78.60M-0.70293
AKYA
Akoya Biosciences
1.8596 of 5 stars
$2.14
+1.4%
$7.79
+263.8%
-62.3%$105.70M$96.63M-1.46330Short Interest ↑
Gap Down
BNGO
Bionano Genomics
2.4317 of 5 stars
$1.00
+2.6%
$4.00
+300.8%
-86.8%$66.72M$36.12M-0.17344Positive News
PRE
Prenetics Global
2.5764 of 5 stars
$6.03
+2.0%
$9.00
+49.3%
-56.6%$55.11M$21.74M-1.26320Upcoming Earnings
Short Interest ↓
News Coverage
Positive News
RPID
Rapid Micro Biosystems
2.4334 of 5 stars
$0.81
+1.2%
N/A-20.8%$34.73M$22.52M-0.67193Short Interest ↓
Positive News
OMIC
Singular Genomics Systems
3.0314 of 5 stars
$0.38
+4.4%
$0.63
+64.5%
-60.5%$28.15M$2.91M-0.29255Short Interest ↓
Positive News
TLIS
Talis Biomedical
0.8159 of 5 stars
$9.20
+1.1%
$5.00
-45.7%
+33.0%$16.74M$2.13M-0.2999Positive News
ASTC
Astrotech
1.7618 of 5 stars
$9.50
+2.5%
N/A-16.4%$16.15M$750,000.00-1.4122Short Interest ↓
Positive News
HLTH
Cue Health
0.9204 of 5 stars
$0.06
-12.1%
N/A-90.5%$10.13M$70.94M-0.03726Gap Up
High Trading Volume
PRPO
Precipio
1.4828 of 5 stars
$5.97
-0.2%
$40.00
+570.0%
-50.8%$8.78M$15.20M-1.7551Short Interest ↓
Positive News

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This page (NASDAQ:AXDX) was last updated on 6/2/2024 by MarketBeat.com Staff

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