INSP vs. BAX, SWAV, PODD, SOLV, TFX, 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), Shockwave Medical (SWAV), Insulet (PODD), Solventum (SOLV), Teleflex (TFX), 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.
Baxter International (NYSE:BAX) and Inspire Medical Systems (NYSE:INSP) are both medical companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, community ranking, profitability, dividends, analyst recommendations, media sentiment, institutional ownership, earnings and risk.
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.
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 61.03% of users gave Inspire Medical Systems an outperform vote.
In the previous week, Baxter International had 11 more articles in the media than Inspire Medical Systems. MarketBeat recorded 18 mentions for Baxter International and 7 mentions for Inspire Medical Systems. Baxter International's average media sentiment score of 1.29 beat Inspire Medical Systems' score of 0.46 indicating that Inspire Medical Systems is being referred to more favorably in the news media.
Baxter International has a net margin of 17.79% compared to Baxter International's net margin of -2.38%. Inspire Medical Systems' return on equity of 18.47% beat Baxter International's return on equity.
Baxter International currently has a consensus target price of $44.42, indicating a potential upside of 30.29%. Inspire Medical Systems has a consensus target price of $256.53, indicating a potential upside of 61.56%. Given Baxter International's stronger consensus rating and higher probable upside, analysts clearly believe Inspire Medical Systems is more favorable than Baxter International.
90.2% of Baxter International shares are held by institutional investors. Comparatively, 94.9% of Inspire Medical Systems shares are held by institutional investors. 0.2% of Baxter International shares are held by company insiders. Comparatively, 4.1% of Inspire Medical Systems shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Baxter International has a beta of 0.64, meaning that its stock price is 36% less volatile than the S&P 500. Comparatively, Inspire Medical Systems has a beta of 1.35, meaning that its stock price is 35% more volatile than the S&P 500.
Summary
Baxter International beats Inspire Medical Systems on 10 of the 18 factors compared between the two stocks.
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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.
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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