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Inspire Medical Systems (INSP) Competitors

$166.72
-0.56 (-0.33%)
(As of 06/14/2024 ET)

INSP vs. BAX, PODD, SWAV, TFX, SOLV, GMED, PEN, GKOS, MMSI, and HAE

Should you be buying Inspire Medical Systems stock or one of its competitors? The main competitors of Inspire Medical Systems include Baxter International (BAX), Insulet (PODD), Shockwave Medical (SWAV), Teleflex (TFX), Solventum (SOLV), Globus Medical (GMED), Penumbra (PEN), Glaukos (GKOS), Merit Medical Systems (MMSI), and Haemonetics (HAE). These companies are all part of the "surgical & medical instruments" industry.

Inspire Medical Systems vs.

Inspire Medical Systems (NYSE:INSP) and Baxter International (NYSE:BAX) are both medical companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, community ranking, profitability, analyst recommendations, media sentiment, dividends, institutional ownership, valuation and risk.

Baxter International received 551 more outperform votes than Inspire Medical Systems when rated by MarketBeat users. Likewise, 66.12% of users gave Baxter International an outperform vote while only 60.82% of users gave Inspire Medical Systems an outperform vote.

CompanyUnderperformOutperform
Inspire Medical SystemsOutperform Votes
177
60.82%
Underperform Votes
114
39.18%
Baxter InternationalOutperform Votes
728
66.12%
Underperform Votes
373
33.88%

Baxter International has a net margin of 17.79% compared to Inspire Medical Systems' net margin of -2.38%. Baxter International's return on equity of 18.47% beat Inspire Medical Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Inspire Medical Systems-2.38% -2.82% -2.40%
Baxter International 17.79%18.47%4.91%

In the previous week, Inspire Medical Systems had 6 more articles in the media than Baxter International. MarketBeat recorded 9 mentions for Inspire Medical Systems and 3 mentions for Baxter International. Inspire Medical Systems' average media sentiment score of 1.36 beat Baxter International's score of 0.85 indicating that Inspire Medical Systems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Inspire Medical Systems
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Baxter International
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Inspire Medical Systems has a beta of 1.33, suggesting that its stock price is 33% more volatile than the S&P 500. Comparatively, Baxter International has a beta of 0.61, suggesting that its stock price is 39% less volatile than the S&P 500.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Inspire Medical Systems$624.80M7.93-$21.15M-$0.55-303.13
Baxter International$14.89B1.16$2.66B$5.206.50

94.9% of Inspire Medical Systems shares are owned by institutional investors. Comparatively, 90.2% of Baxter International shares are owned by institutional investors. 4.1% of Inspire Medical Systems shares are owned by company insiders. Comparatively, 0.2% of Baxter International shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Inspire Medical Systems presently has a consensus price target of $253.87, indicating a potential upside of 52.27%. Baxter International has a consensus price target of $44.42, indicating a potential upside of 31.49%. Given Inspire Medical Systems' stronger consensus rating and higher possible upside, analysts plainly believe Inspire Medical Systems is more favorable than Baxter International.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Inspire Medical Systems
0 Sell rating(s)
5 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.69
Baxter International
0 Sell rating(s)
9 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.18

Summary

Inspire Medical Systems and Baxter International tied by winning 9 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding INSP 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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INSP vs. The Competition

MetricInspire Medical SystemsSurgical & medical instruments IndustryMedical SectorNYSE Exchange
Market Cap$4.95B$3.91B$5.20B$17.56B
Dividend YieldN/A1.78%2.81%3.58%
P/E Ratio-303.1315.60150.0624.14
Price / Sales7.9369.372,236.7315.23
Price / CashN/A47.1534.9619.58
Price / Book8.604.184.874.80
Net Income-$21.15M$4.42M$110.98M$978.08M
7 Day Performance5.66%-1.74%-0.44%0.65%
1 Month Performance4.38%-4.98%-2.11%-4.26%
1 Year Performance-45.32%-20.02%-0.08%6.27%

Inspire Medical Systems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BAX
Baxter International
4.879 of 5 stars
$33.77
+0.1%
$44.42
+31.5%
-24.0%$17.19B$14.81B6.4960,000Positive News
PODD
Insulet
4.868 of 5 stars
$200.45
-0.7%
$239.18
+19.3%
-30.2%$14.14B$1.70B60.743,000Insider Selling
Short Interest ↓
SWAV
Shockwave Medical
4.4089 of 5 stars
$334.75
flat
$309.11
-7.7%
N/A$12.57B$787.97M78.211,468Positive News
TFX
Teleflex
4.2703 of 5 stars
$208.29
-0.5%
$257.29
+23.5%
-16.3%$9.86B$2.97B33.4314,500Positive News
SOLV
Solventum
0 of 5 stars
$54.56
+0.8%
$65.75
+20.5%
N/A$9.35BN/A0.00N/AGap Down
GMED
Globus Medical
4.3961 of 5 stars
$65.61
-0.5%
$69.40
+5.8%
+11.7%$8.92B$1.57B102.525,000Positive News
PEN
Penumbra
4.4727 of 5 stars
$187.72
-0.1%
$300.64
+60.2%
-44.5%$7.29B$1.06B79.214,200
GKOS
Glaukos
3.2794 of 5 stars
$112.61
-0.9%
$112.27
-0.3%
+66.8%$5.72B$314.71M-39.10907Positive News
MMSI
Merit Medical Systems
4.4123 of 5 stars
$81.80
-1.1%
$92.78
+13.4%
-0.5%$4.81B$1.26B47.016,950Insider Selling
HAE
Haemonetics
4.49 of 5 stars
$84.70
-1.6%
$109.50
+29.3%
+1.5%$4.38B$1.31B36.993,657Analyst Upgrade
Short Interest ↑
Analyst Revision

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This page (NYSE:INSP) was last updated on 6/16/2024 by MarketBeat.com Staff

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