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Zynex (ZYXI) Competitors

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$2.35 -0.34 (-12.64%)
Closing price 03:33 PM Eastern
Extended Trading
$2.40 +0.05 (+2.34%)
As of 04:37 PM Eastern
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ZYXI vs. NNOX, ZIMV, SNWV, CATX, NYXH, DRTS, SMTI, BWAY, SKIN, and TCMD

Should you be buying Zynex stock or one of its competitors? The main competitors of Zynex include Nano-X Imaging (NNOX), ZimVie (ZIMV), Sanuwave Health (SNWV), Perspective Therapeutics (CATX), Nyxoah (NYXH), Alpha Tau Medical (DRTS), Sanara MedTech (SMTI), Brainsway (BWAY), Beauty Health (SKIN), and Tactile Systems Technology (TCMD). These companies are all part of the "medical equipment" industry.

Zynex vs. Its Competitors

Nano-X Imaging (NASDAQ:NNOX) and Zynex (NASDAQ:ZYXI) are both small-cap medical equipment companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, dividends, earnings, risk, analyst recommendations, valuation, profitability and media sentiment.

Zynex has a net margin of -4.30% compared to Nano-X Imaging's net margin of -472.19%. Zynex's return on equity of -23.70% beat Nano-X Imaging's return on equity.

Company Net Margins Return on Equity Return on Assets
Nano-X Imaging-472.19% -30.92% -27.73%
Zynex -4.30%-23.70%-6.23%

21.5% of Nano-X Imaging shares are owned by institutional investors. Comparatively, 29.7% of Zynex shares are owned by institutional investors. 7.7% of Nano-X Imaging shares are owned by insiders. Comparatively, 49.3% of Zynex shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Zynex has higher revenue and earnings than Nano-X Imaging. Zynex is trading at a lower price-to-earnings ratio than Nano-X Imaging, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nano-X Imaging$11.28M27.02-$53.52M-$0.90-5.86
Zynex$192.35M0.37$2.99M-$0.24-9.79

Nano-X Imaging has a beta of 1.96, suggesting that its stock price is 96% more volatile than the S&P 500. Comparatively, Zynex has a beta of 0.83, suggesting that its stock price is 17% less volatile than the S&P 500.

Nano-X Imaging presently has a consensus target price of $9.50, suggesting a potential upside of 80.09%. Zynex has a consensus target price of $6.00, suggesting a potential upside of 155.32%. Given Zynex's higher possible upside, analysts clearly believe Zynex is more favorable than Nano-X Imaging.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nano-X Imaging
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
Zynex
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

In the previous week, Zynex had 8 more articles in the media than Nano-X Imaging. MarketBeat recorded 9 mentions for Zynex and 1 mentions for Nano-X Imaging. Zynex's average media sentiment score of 0.09 beat Nano-X Imaging's score of 0.00 indicating that Zynex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nano-X Imaging
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Zynex
0 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Zynex beats Nano-X Imaging on 11 of the 16 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 ZYXI 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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ZYXI vs. The Competition

MetricZynexMED PRODUCTS IndustryMedical SectorNASDAQ Exchange
Market Cap$81.34M$10.51B$5.54B$8.95B
Dividend YieldN/A2.09%5.38%4.08%
P/E Ratio-9.7916.7427.4020.04
Price / Sales0.3729.51419.46118.60
Price / Cash11.0222.8436.6357.47
Price / Book2.103.668.085.67
Net Income$2.99M$235.40M$3.16B$248.47M
7 Day Performance-9.96%1.89%2.12%2.90%
1 Month Performance9.81%3.83%4.43%5.75%
1 Year Performance-73.65%-10.20%35.62%21.36%

Zynex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZYXI
Zynex
2.6448 of 5 stars
$2.35
-12.6%
$6.00
+155.3%
-70.3%$81.34M$192.35M-9.79770News Coverage
Analyst Forecast
Gap Down
NNOX
Nano-X Imaging
1.502 of 5 stars
$5.17
-1.1%
$9.50
+83.8%
-22.2%$302.18M$11.28M0.00190
ZIMV
ZimVie
2.33 of 5 stars
$9.35
+1.0%
$16.33
+74.7%
-44.8%$257.87M$449.75M11.721,770
SNWV
Sanuwave Health
N/A$32.86
+9.7%
N/AN/A$256.24M$32.63M0.0040Positive News
CATX
Perspective Therapeutics
1.9106 of 5 stars
$3.44
-8.5%
$12.56
+265.0%
-67.7%$255.34MN/A0.0070
NYXH
Nyxoah
2.4745 of 5 stars
$7.48
+0.1%
$14.50
+93.9%
+7.1%$254.43M$4.89M0.00110Positive News
Gap Up
DRTS
Alpha Tau Medical
2.5378 of 5 stars
$3.12
+4.7%
$8.00
+156.4%
+45.4%$252.76MN/A0.0080News Coverage
SMTI
Sanara MedTech
1.9751 of 5 stars
$28.39
-0.1%
$49.50
+74.4%
+8.1%$252.50M$86.67M0.0060
BWAY
Brainsway
1.4323 of 5 stars
$13.15
-0.5%
$14.25
+8.4%
+116.2%$249.79M$41.02M66.10120
SKIN
Beauty Health
0.3714 of 5 stars
$1.91
-2.1%
$1.42
-25.8%
+7.7%$245.69M$334.30M0.001,030Trending News
Gap Up
TCMD
Tactile Systems Technology
2.9798 of 5 stars
$10.14
-1.9%
$16.00
+57.8%
-10.5%$240.39M$292.98M14.561,037News Coverage
Positive News

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This page (NASDAQ:ZYXI) was last updated on 7/3/2025 by MarketBeat.com Staff
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