LogicMark (NASDAQ:LGMK) and Invacare (NYSE:IVC) Critical Review

LogicMark (NASDAQ:LGMKGet Rating) and Invacare (NYSE:IVCGet Rating) are both small-cap industrial products companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, profitability, valuation, institutional ownership, earnings, dividends and risk.

Analyst Recommendations

This is a summary of recent ratings and price targets for LogicMark and Invacare, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
LogicMark 0 0 0 0 N/A
Invacare 0 0 0 0 N/A

Invacare has a consensus price target of $2.00, indicating a potential upside of 412.82%. Given Invacare’s higher possible upside, analysts clearly believe Invacare is more favorable than LogicMark.

Risk & Volatility

LogicMark has a beta of 1.92, indicating that its stock price is 92% more volatile than the S&P 500. Comparatively, Invacare has a beta of 0.49, indicating that its stock price is 51% less volatile than the S&P 500.

Profitability

This table compares LogicMark and Invacare’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
LogicMark -88.42% -43.92% -37.13%
Invacare -9.99% -37.76% -7.18%

Valuation and Earnings

This table compares LogicMark and Invacare’s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
LogicMark $10.02 million 0.64 -$11.71 million N/A N/A
Invacare $872.46 million 0.02 -$45.56 million ($2.18) -0.18

LogicMark has higher earnings, but lower revenue than Invacare.

Insider & Institutional Ownership

9.6% of LogicMark shares are owned by institutional investors. Comparatively, 69.5% of Invacare shares are owned by institutional investors. 8.5% of LogicMark shares are owned by company insiders. Comparatively, 6.9% of Invacare shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Invacare beats LogicMark on 6 of the 10 factors compared between the two stocks.

About LogicMark

(Get Rating)

LogicMark, Inc. offers personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. The company, through its subsidiary, LogicMark LLC, manufactures and distributes non-monitored and monitored personal emergency response systems sold through healthcare durable medical equipment and monitored security dealers/distributors, and the United States Department of Veterans Affairs. The company was formerly known as Nxt-ID, Inc. and changed its name to LogicMark, Inc. in March 2022. LogicMark, Inc. was founded in 2006 and is based in Louisville, Kentucky.

About Invacare

(Get Rating)

Invacare Corporation, together with its subsidiaries, designs, manufactures, distributes, and exports medical equipment for use in home health care, retail, and extended care markets worldwide. The company offers mobility and seating products, such as power wheelchairs under the Invacare TDX brand; custom manual wheelchairs under the Invacare, Invacare Top End, and K├╝schall brand names; and seating and positioning products under the Invacare brand, as well as custom molded seat modules under the PinDot brand. It also provides lifestyle products, including pressure relieving overlays and mattress systems under the Invacare Softform and microAIR brands; safe patient handling products under the Birdie, Evo, and ISA brands; residential and institutional care beds and bed accessories, and manual wheelchairs under the Invacare brand name; and personal care products. In addition, the company offers respiratory therapy products comprising stationary oxygen concentrators under the Platinum and Perfecto2 brands; portable oxygen concentrators under the Platinum brand; and Invacare HomeFill oxygen systems. Further, it provides repair, equipment rentals, and external contracting services, as well as distributes heart rate monitors, thermometers, and nebulizers; and portable ramps. The company sells its products primarily to home medical equipment providers through retail and e-commerce channels, as well as to residential care operators, dealers, and government health service customers through its sales force, independent manufacturers' representatives, and distributors. Invacare Corporation was founded in 1885 and is headquartered in Elyria, Ohio.

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