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Spectral AI (MDAI) Competitors

Spectral AI logo
$2.03 -0.07 (-3.33%)
(As of 12/24/2024 05:19 PM ET)

MDAI vs. PDEX, NVRO, ZJYL, TLSI, ECOR, SRTS, TELA, LNSR, FONR, and GUTS

Should you be buying Spectral AI stock or one of its competitors? The main competitors of Spectral AI include Pro-Dex (PDEX), Nevro (NVRO), Jin Medical International (ZJYL), TriSalus Life Sciences (TLSI), electroCore (ECOR), Sensus Healthcare (SRTS), TELA Bio (TELA), LENSAR (LNSR), FONAR (FONR), and Fractyl Health (GUTS). These companies are all part of the "medical equipment" industry.

Spectral AI vs.

Spectral AI (NASDAQ:MDAI) and Pro-Dex (NASDAQ:PDEX) are both small-cap medical companies, but which is the better investment? We will contrast the two companies based on the strength of their media sentiment, dividends, institutional ownership, earnings, valuation, community ranking, profitability, analyst recommendations and risk.

Pro-Dex received 149 more outperform votes than Spectral AI when rated by MarketBeat users. However, 100.00% of users gave Spectral AI an outperform vote while only 61.85% of users gave Pro-Dex an outperform vote.

CompanyUnderperformOutperform
Spectral AIOutperform Votes
5
100.00%
Underperform Votes
No Votes
Pro-DexOutperform Votes
154
61.85%
Underperform Votes
95
38.15%

In the previous week, Spectral AI had 2 more articles in the media than Pro-Dex. MarketBeat recorded 3 mentions for Spectral AI and 1 mentions for Pro-Dex. Spectral AI's average media sentiment score of 0.24 beat Pro-Dex's score of 0.00 indicating that Spectral AI is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Spectral AI
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Pro-Dex
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Spectral AI presently has a consensus price target of $4.50, suggesting a potential upside of 121.67%. Pro-Dex has a consensus price target of $52.00, suggesting a potential upside of 8.04%. Given Spectral AI's stronger consensus rating and higher possible upside, equities research analysts clearly believe Spectral AI is more favorable than Pro-Dex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Spectral AI
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.25
Pro-Dex
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Pro-Dex has a net margin of 9.17% compared to Spectral AI's net margin of -40.78%. Pro-Dex's return on equity of 16.74% beat Spectral AI's return on equity.

Company Net Margins Return on Equity Return on Assets
Spectral AI-40.78% N/A -77.87%
Pro-Dex 9.17%16.74%9.98%

Pro-Dex has higher revenue and earnings than Spectral AI. Spectral AI is trading at a lower price-to-earnings ratio than Pro-Dex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Spectral AI$27.26M1.38-$20.85M-$0.65-3.12
Pro-Dex$56.80M2.76$2.13M$1.5431.25

67.1% of Spectral AI shares are held by institutional investors. Comparatively, 15.3% of Pro-Dex shares are held by institutional investors. 56.7% of Spectral AI shares are held by company insiders. Comparatively, 47.5% of Pro-Dex shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Spectral AI has a beta of 0.64, indicating that its stock price is 36% less volatile than the S&P 500. Comparatively, Pro-Dex has a beta of 0.55, indicating that its stock price is 45% less volatile than the S&P 500.

Summary

Spectral AI beats Pro-Dex on 10 of the 19 factors compared between the two stocks.

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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.
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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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MDAI vs. The Competition

MetricSpectral AISurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$37.73M$4.37B$5.22B$9.27B
Dividend YieldN/A44.59%5.12%4.30%
P/E Ratio-3.1224.9887.3417.27
Price / Sales1.3852.671,166.41119.73
Price / CashN/A43.4043.2337.83
Price / Book-20.307.104.834.93
Net Income-$20.85M$13.64M$120.46M$225.34M
7 Day Performance14.04%4.42%2.84%4.14%
1 Month Performance54.96%-0.70%19.70%1.16%
1 Year Performance-18.80%39.14%30.57%16.98%

Spectral AI Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDAI
Spectral AI
2.5963 of 5 stars
$2.03
-3.3%
$4.50
+121.7%
-18.8%$37.73M$27.26M-3.1278
PDEX
Pro-Dex
1.6996 of 5 stars
$46.58
-4.4%
$52.00
+11.6%
+179.7%$151.80M$56.80M30.25140News Coverage
NVRO
Nevro
2.2274 of 5 stars
$3.81
+0.5%
$6.30
+65.4%
-81.5%$142.77M$419.15M-2.021,215Gap Down
ZJYL
Jin Medical International
N/A$0.83
-3.5%
N/A-99.3%$128.65M$20.13M0.00245
TLSI
TriSalus Life Sciences
3.9435 of 5 stars
$4.07
+0.5%
$11.79
+189.6%
-45.7%$124.11M$26.89M-1.63106Gap Up
ECOR
electroCore
2.6752 of 5 stars
$17.40
+13.9%
$25.00
+43.7%
+184.3%$114.06M$23.33M-9.5150High Trading Volume
SRTS
Sensus Healthcare
3.6932 of 5 stars
$6.93
-2.4%
$12.50
+80.4%
+167.7%$113.58M$41.31M12.1640Positive News
TELA
TELA Bio
3.0547 of 5 stars
$2.87
+0.7%
$9.25
+222.3%
-55.2%$113.04M$68.65M-1.70120
LNSR
LENSAR
0.5902 of 5 stars
$8.20
+6.5%
$8.00
-2.4%
+175.0%$95.24M$48.87M-5.62110High Trading Volume
FONR
FONAR
N/A$15.05
-0.6%
N/A-24.1%$95.24M$102.01M10.75480
GUTS
Fractyl Health
0.92 of 5 stars
$1.87
+4.2%
$22.00
+1,079.6%
N/A$89.71M$97,000.00-0.15102

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This page (NASDAQ:MDAI) was last updated on 12/25/2024 by MarketBeat.com Staff
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