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 (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.
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.
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.
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.
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.
Summary
ICU Medical beats NovoCure on 11 of the 18 factors compared between the two stocks.
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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.
Skip ChartThis 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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