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Axonics (AXNX) Competitors

Axonics logo
$70.98 +0.53 (+0.75%)
(As of 11/15/2024)

AXNX vs. SOLV, SNN, PEN, GKOS, BLCO, INSP, PRCT, NVST, NARI, and NVCR

Should you be buying Axonics stock or one of its competitors? The main competitors of Axonics include Solventum (SOLV), Smith & Nephew (SNN), Penumbra (PEN), Glaukos (GKOS), Bausch + Lomb (BLCO), Inspire Medical Systems (INSP), PROCEPT BioRobotics (PRCT), Envista (NVST), Inari Medical (NARI), and NovoCure (NVCR). These companies are all part of the "medical equipment" industry.

Axonics vs.

Axonics (NASDAQ:AXNX) and Solventum (NYSE:SOLV) are both medical companies, but which is the superior business? We will contrast the two businesses based on the strength of their risk, earnings, analyst recommendations, media sentiment, valuation, profitability, dividends, community ranking and institutional ownership.

Solventum has higher revenue and earnings than Axonics.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Axonics$366.38M9.90-$6.09M-$0.12-591.45
Solventum$8.26B1.45N/AN/AN/A

Axonics received 173 more outperform votes than Solventum when rated by MarketBeat users. Likewise, 66.41% of users gave Axonics an outperform vote while only 5.56% of users gave Solventum an outperform vote.

CompanyUnderperformOutperform
AxonicsOutperform Votes
174
66.41%
Underperform Votes
88
33.59%
SolventumOutperform Votes
1
5.56%
Underperform Votes
17
94.44%

Axonics presently has a consensus price target of $71.00, indicating a potential upside of 0.03%. Solventum has a consensus price target of $68.29, indicating a potential downside of 1.83%. Given Axonics' higher probable upside, equities analysts plainly believe Axonics is more favorable than Solventum.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Axonics
0 Sell rating(s)
8 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Solventum
1 Sell rating(s)
9 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

99.5% of Axonics shares are held by institutional investors. 1.9% of Axonics shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Solventum has a net margin of 0.00% compared to Axonics' net margin of -1.31%. Axonics' return on equity of 0.36% beat Solventum's return on equity.

Company Net Margins Return on Equity Return on Assets
Axonics-1.31% 0.36% 0.31%
Solventum N/A N/A N/A

In the previous week, Solventum had 10 more articles in the media than Axonics. MarketBeat recorded 11 mentions for Solventum and 1 mentions for Axonics. Solventum's average media sentiment score of 1.13 beat Axonics' score of 0.00 indicating that Solventum is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Axonics
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Solventum
7 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Axonics beats Solventum on 8 of the 13 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 {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 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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AXNX vs. The Competition

MetricAxonicsSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$3.63B$4.45B$5.28B$9.25B
Dividend YieldN/A52.58%5.21%4.00%
P/E Ratio-591.4525.49108.7917.54
Price / Sales9.9043.751,339.24143.53
Price / Cash561.9657.1542.3538.50
Price / Book5.647.414.884.88
Net Income-$6.09M$13.70M$119.70M$225.52M
7 Day PerformanceN/A0.20%17.70%-0.12%
1 Month PerformanceN/A2.20%20.14%5.71%
1 Year Performance19.25%55.89%37.79%21.36%

Axonics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AXNX
Axonics
2.3702 of 5 stars
$70.98
+0.8%
$71.00
+0.0%
+22.3%$3.63B$366.38M-591.45610News Coverage
High Trading Volume
SOLV
Solventum
1.4122 of 5 stars
$70.66
+1.0%
$68.29
-3.4%
N/A$12.21BN/A0.0022,000Positive News
SNN
Smith & Nephew
2.59 of 5 stars
$25.93
+2.2%
N/A-4.6%$11.34B$5.55B0.0018,452News Coverage
PEN
Penumbra
4.1851 of 5 stars
$240.18
+1.2%
$238.25
-0.8%
+2.2%$9.22B$1.06B276.774,200Analyst Forecast
GKOS
Glaukos
4.0689 of 5 stars
$137.45
-2.0%
$140.00
+1.9%
+129.8%$7.58B$314.71M-46.45780Analyst Upgrade
Insider Trade
Short Interest ↓
News Coverage
BLCO
Bausch + Lomb
3.0508 of 5 stars
$20.02
-0.2%
$21.00
+4.9%
+20.5%$7.05B$4.15B0.0013,300Analyst Downgrade
Short Interest ↑
News Coverage
INSP
Inspire Medical Systems
4.7633 of 5 stars
$190.09
-1.5%
$233.58
+22.9%
+3.9%$5.70B$755.59M181.321,011Short Interest ↓
Positive News
PRCT
PROCEPT BioRobotics
2.0118 of 5 stars
$94.84
+1.3%
$97.86
+3.2%
+120.1%$4.95B$136.19M0.00626
NVST
Envista
3.7062 of 5 stars
$19.93
+0.2%
$20.65
+3.6%
-18.2%$3.43B$2.57B-2.5612,800
NARI
Inari Medical
2.8309 of 5 stars
$53.94
+5.6%
$58.89
+9.2%
-13.5%$3.16B$493.63M0.001,300Positive News
NVCR
NovoCure
2.7316 of 5 stars
$28.13
+0.6%
$30.33
+7.8%
+152.7%$3.04B$577.74M-19.971,453Analyst Forecast
Gap Up

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This page (NASDAQ:AXNX) was last updated on 12/14/2024 by MarketBeat.com Staff
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