NeurAxis (NASDAQ:NRXS – Get Free Report) is one of 72 public companies in the “Electromedical equipment” industry, but how does it contrast to its peers? We will compare NeurAxis to similar companies based on the strength of its institutional ownership, valuation, profitability, risk, dividends, analyst recommendations and earnings.
Insider and Institutional Ownership
11.8% of NeurAxis shares are owned by institutional investors. Comparatively, 45.6% of shares of all “Electromedical equipment” companies are owned by institutional investors. 15.5% of shares of all “Electromedical equipment” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Valuation and Earnings
This table compares NeurAxis and its peers top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
NeurAxis | $2.46 million | -$14.63 million | -0.71 |
NeurAxis Competitors | $942.76 million | $78.35 million | 2.85 |
Profitability
This table compares NeurAxis and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
NeurAxis | -594.55% | N/A | -899.27% |
NeurAxis Competitors | -320.97% | -39.72% | -22.45% |
Analyst Ratings
This is a breakdown of recent ratings and recommmendations for NeurAxis and its peers, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
NeurAxis | 0 | 0 | 1 | 0 | 3.00 |
NeurAxis Competitors | 220 | 661 | 1890 | 98 | 2.65 |
As a group, “Electromedical equipment” companies have a potential upside of 34.92%. Given NeurAxis’ peers higher probable upside, analysts clearly believe NeurAxis has less favorable growth aspects than its peers.
Summary
NeurAxis peers beat NeurAxis on 9 of the 12 factors compared.
NeurAxis Company Profile
NeurAxis, Inc., a medical technology company, focuses on developing neuromodulation therapies to address chronic and debilitating conditions in children and adults in the United States. It offers IB-Stim, a percutaneous electrical nerve field stimulation system intended to be used in patients 11-18 years of age with functional abdominal pain associated with irritable bowel syndrome. The company sells its products to healthcare companies, including hospitals and clinics. The company was formerly known as Innovative Health Solutions, Inc. and changed its name to NeurAxis, Inc. in March 2022. The company was founded in 2011 and is headquartered in Carmel, Indiana.
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