Free Trial

IRIDEX (IRIX) Competitors

IRIDEX logo
$1.64 -0.07 (-4.09%)
(As of 12/20/2024 05:16 PM ET)

IRIX vs. TELA, GUTS, FONR, MGRM, ECOR, LNSR, EDAP, NSPR, VANI, and HYPR

Should you be buying IRIDEX stock or one of its competitors? The main competitors of IRIDEX include TELA Bio (TELA), Fractyl Health (GUTS), FONAR (FONR), Monogram Orthopaedics (MGRM), electroCore (ECOR), LENSAR (LNSR), Edap Tms (EDAP), InspireMD (NSPR), Vivani Medical (VANI), and Hyperfine (HYPR). These companies are all part of the "medical equipment" industry.

IRIDEX vs.

TELA Bio (NASDAQ:TELA) and IRIDEX (NASDAQ:IRIX) are both small-cap medical companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, community ranking, earnings, dividends, media sentiment, valuation, profitability and institutional ownership.

TELA Bio has a beta of 0.99, meaning that its share price is 1% less volatile than the S&P 500. Comparatively, IRIDEX has a beta of 0.81, meaning that its share price is 19% less volatile than the S&P 500.

IRIDEX received 213 more outperform votes than TELA Bio when rated by MarketBeat users. However, 74.68% of users gave TELA Bio an outperform vote while only 64.92% of users gave IRIDEX an outperform vote.

CompanyUnderperformOutperform
TELA BioOutperform Votes
59
74.68%
Underperform Votes
20
25.32%
IRIDEXOutperform Votes
272
64.92%
Underperform Votes
147
35.08%

IRIDEX has lower revenue, but higher earnings than TELA Bio. IRIDEX is trading at a lower price-to-earnings ratio than TELA Bio, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
TELA Bio$68.65M1.64-$46.66M-$1.69-1.69
IRIDEX$48.43M0.56-$9.57M-$0.67-2.45

In the previous week, IRIDEX had 3 more articles in the media than TELA Bio. MarketBeat recorded 3 mentions for IRIDEX and 0 mentions for TELA Bio. TELA Bio's average media sentiment score of 0.00 equaled IRIDEX'saverage media sentiment score.

Company Overall Sentiment
TELA Bio Neutral
IRIDEX Neutral

TELA Bio presently has a consensus target price of $9.25, indicating a potential upside of 224.56%. IRIDEX has a consensus target price of $2.00, indicating a potential upside of 21.95%. Given TELA Bio's stronger consensus rating and higher probable upside, research analysts plainly believe TELA Bio is more favorable than IRIDEX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TELA Bio
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
IRIDEX
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

94.3% of TELA Bio shares are held by institutional investors. Comparatively, 20.1% of IRIDEX shares are held by institutional investors. 6.0% of TELA Bio shares are held by insiders. Comparatively, 7.3% of IRIDEX shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

IRIDEX has a net margin of -22.79% compared to TELA Bio's net margin of -60.49%. IRIDEX's return on equity of -192.95% beat TELA Bio's return on equity.

Company Net Margins Return on Equity Return on Assets
TELA Bio-60.49% -556.18% -63.13%
IRIDEX -22.79%-192.95%-33.97%

Summary

TELA Bio beats IRIDEX on 9 of the 17 factors compared between the two stocks.

Get IRIDEX News Delivered to You Automatically

Sign up to receive the latest news and ratings for IRIX and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

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.
Skip Chart

IRIX vs. The Competition

MetricIRIDEXElectromedical equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$27.28M$3.01B$25.83B$9.08B
Dividend YieldN/A1.75%2.77%4.22%
P/E Ratio-2.4516.64237.9417.18
Price / Sales0.5650.153,330.10116.79
Price / CashN/A39.9135.8537.86
Price / Book2.783.728.094.78
Net Income-$9.57M$89.83M$681.16M$225.60M
7 Day Performance-4.65%-1.82%0.43%-1.23%
1 Month Performance-4.65%0.28%6.99%3.36%
1 Year Performance-37.28%4.10%23.04%16.59%

IRIDEX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRIX
IRIDEX
0.3499 of 5 stars
$1.64
-4.1%
$2.00
+22.0%
-37.2%$27.28M$48.43M-2.45120Analyst Forecast
News Coverage
TELA
TELA Bio
2.9938 of 5 stars
$2.85
+2.9%
$9.25
+224.6%
-49.8%$112.26M$58.45M-1.64120
GUTS
Fractyl Health
0.8828 of 5 stars
$2.10
+2.9%
$22.00
+947.6%
N/A$101.01M$120,000.00-0.17102
FONR
FONAR
1.0041 of 5 stars
$15.38
-1.0%
N/A-25.8%$97.33M$102.01M11.09480
MGRM
Monogram Orthopaedics
3.2328 of 5 stars
$2.78
+4.5%
$4.00
+43.9%
-24.1%$95.39M$364,999.00-5.6628Gap Down
ECOR
electroCore
2.6011 of 5 stars
$14.15
+4.0%
N/A+164.2%$92.75M$23.33M-7.4450Analyst Forecast
Analyst Revision
News Coverage
LNSR
LENSAR
0.569 of 5 stars
$7.48
-0.9%
$8.00
+7.0%
+191.7%$86.88M$48.87M-5.17110News Coverage
EDAP
Edap Tms
3.2791 of 5 stars
$2.24
+1.8%
$19.00
+748.2%
-56.2%$83.11M$63.41M-3.38307
NSPR
InspireMD
2.1967 of 5 stars
$3.00
+1.7%
$4.75
+58.3%
+45.6%$78.25M$6.82M-3.9350Analyst Forecast
Gap Up
VANI
Vivani Medical
2.7875 of 5 stars
$1.31
flat
$3.00
+129.0%
+34.6%$77.60MN/A-2.9120News Coverage
HYPR
Hyperfine
2.2901 of 5 stars
$0.98
-2.0%
$1.60
+63.3%
-15.7%$71.49M$13.26M-1.75190

Related Companies and Tools


This page (NASDAQ:IRIX) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners