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NovoCure (NVCR) Competitors

$22.01
-0.31 (-1.39%)
(As of 05/29/2024 ET)

NVCR vs. ICUI, NARI, IART, IRTC, LMAT, TNDM, ATEC, AXNX, PRCT, and MDXG

Should you be buying NovoCure stock or one of its competitors? The main competitors of NovoCure include ICU Medical (ICUI), Inari Medical (NARI), Integra LifeSciences (IART), iRhythm Technologies (IRTC), LeMaitre Vascular (LMAT), Tandem Diabetes Care (TNDM), Alphatec (ATEC), Axonics (AXNX), PROCEPT BioRobotics (PRCT), and MiMedx Group (MDXG). These companies are all part of the "surgical & medical instruments" industry.

NovoCure vs.

NovoCure (NASDAQ:NVCR) and ICU Medical (NASDAQ:ICUI) are both mid-cap medical companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, valuation, community ranking, risk, dividends, institutional ownership, media sentiment, profitability and analyst recommendations.

NovoCure presently has a consensus target price of $30.88, indicating a potential upside of 42.61%. ICU Medical has a consensus target price of $123.00, indicating a potential upside of 21.11%. Given NovoCure's higher possible upside, research analysts plainly believe NovoCure is more favorable than ICU Medical.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NovoCure
0 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.56
ICU Medical
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NovoCure$509.34M4.58-$207.04M-$1.81-11.98
ICU Medical$2.26B1.09-$29.66M-$2.45-41.39

In the previous week, NovoCure had 2 more articles in the media than ICU Medical. MarketBeat recorded 8 mentions for NovoCure and 6 mentions for ICU Medical. ICU Medical's average media sentiment score of 1.73 beat NovoCure's score of 0.89 indicating that ICU Medical is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NovoCure
2 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
ICU Medical
3 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

84.6% of NovoCure shares are held by institutional investors. Comparatively, 96.1% of ICU Medical shares are held by institutional investors. 6.3% of NovoCure shares are held by insiders. Comparatively, 6.7% of ICU Medical shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

NovoCure received 84 more outperform votes than ICU Medical when rated by MarketBeat users. However, 64.48% of users gave ICU Medical an outperform vote while only 63.71% of users gave NovoCure an outperform vote.

CompanyUnderperformOutperform
NovoCureOutperform Votes
467
63.71%
Underperform Votes
266
36.29%
ICU MedicalOutperform Votes
383
64.48%
Underperform Votes
211
35.52%

NovoCure has a beta of 0.5, indicating that its stock price is 50% less volatile than the S&P 500. Comparatively, ICU Medical has a beta of 0.72, indicating that its stock price is 28% less volatile than the S&P 500.

ICU Medical has a net margin of -2.63% compared to NovoCure's net margin of -36.67%. ICU Medical's return on equity of 5.38% beat NovoCure's return on equity.

Company Net Margins Return on Equity Return on Assets
NovoCure-36.67% -50.35% -16.86%
ICU Medical -2.63%5.38%2.58%

Summary

ICU Medical beats NovoCure on 11 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

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

MetricNovoCureSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$2.33B$3.12B$4.96B$8.05B
Dividend YieldN/A1.86%2.80%3.97%
P/E Ratio-11.9810.13139.1615.77
Price / Sales4.5869.852,450.0972.66
Price / CashN/A48.5534.6931.30
Price / Book6.495.825.474.57
Net Income-$207.04M-$15.10M$104.51M$213.29M
7 Day Performance-8.48%-1.89%-0.92%-1.13%
1 Month Performance69.45%1.32%2.20%2.17%
1 Year Performance-70.51%16.56%4.92%6.99%

NovoCure Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ICUI
ICU Medical
3.9176 of 5 stars
$102.74
-0.5%
$123.00
+19.7%
-39.4%$2.50B$2.26B-41.9314,000Positive News
NARI
Inari Medical
3.2291 of 5 stars
$45.72
-0.9%
$65.71
+43.7%
-14.8%$2.66B$493.63M-111.511,300
IART
Integra LifeSciences
4.8322 of 5 stars
$27.38
+1.5%
$36.80
+34.4%
-24.9%$2.16B$1.53B54.763,946High Trading Volume
IRTC
iRhythm Technologies
1.2972 of 5 stars
$91.50
-1.2%
$134.00
+46.4%
-26.4%$2.85B$492.68M-21.632,000Positive News
LMAT
LeMaitre Vascular
3.241 of 5 stars
$78.75
-0.8%
$73.83
-6.2%
+33.4%$1.77B$193.48M52.15614Positive News
TNDM
Tandem Diabetes Care
2.9984 of 5 stars
$49.32
+4.4%
$43.80
-11.2%
+99.1%$3.19B$747.72M-22.732,400Positive News
High Trading Volume
ATEC
Alphatec
4.557 of 5 stars
$10.68
-3.2%
$22.89
+114.3%
-28.2%$1.54B$511.63M-7.17839Short Interest ↓
Positive News
AXNX
Axonics
2.5811 of 5 stars
$67.59
+0.1%
$70.73
+4.6%
+38.3%$3.45B$366.38M-211.22797Short Interest ↑
Positive News
PRCT
PROCEPT BioRobotics
1.1288 of 5 stars
$68.70
flat
$61.20
-10.9%
+102.4%$3.53B$156.33M-32.41626
MDXG
MiMedx Group
3.8327 of 5 stars
$7.95
-0.6%
$12.25
+54.1%
+30.2%$1.17B$321.48M18.07895Positive News

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This page (NASDAQ:NVCR) was last updated on 5/29/2024 by MarketBeat.com Staff

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