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Modular Medical (MODD) Competitors

Modular Medical logo
$2.20
+0.03 (+1.38%)
(As of 11/1/2024 ET)

MODD vs. ZYXI, RCEL, SGHT, LUNG, SMLR, NVRO, SKIN, ELMD, NPCE, and PROF

Should you be buying Modular Medical stock or one of its competitors? The main competitors of Modular Medical include Zynex (ZYXI), AVITA Medical (RCEL), Sight Sciences (SGHT), Pulmonx (LUNG), Semler Scientific (SMLR), Nevro (NVRO), Beauty Health (SKIN), Electromed (ELMD), NeuroPace (NPCE), and Profound Medical (PROF). These companies are all part of the "medical equipment" industry.

Modular Medical vs.

Zynex (NASDAQ:ZYXI) and Modular Medical (NASDAQ:MODD) are both small-cap medical companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, valuation, community ranking, institutional ownership, analyst recommendations, earnings, profitability, media sentiment and dividends.

Zynex received 26 more outperform votes than Modular Medical when rated by MarketBeat users. However, 100.00% of users gave Modular Medical an outperform vote while only 57.14% of users gave Zynex an outperform vote.

CompanyUnderperformOutperform
ZynexOutperform Votes
28
57.14%
Underperform Votes
21
42.86%
Modular MedicalOutperform Votes
2
100.00%
Underperform Votes
No Votes

29.7% of Zynex shares are held by institutional investors. Comparatively, 27.5% of Modular Medical shares are held by institutional investors. 52.1% of Zynex shares are held by company insiders. Comparatively, 32.3% of Modular Medical shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Zynex has a net margin of 2.49% compared to Modular Medical's net margin of 0.00%. Zynex's return on equity of 13.05% beat Modular Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Zynex2.49% 13.05% 3.78%
Modular Medical N/A -228.12%-178.09%

Zynex presently has a consensus target price of $14.00, indicating a potential upside of 59.82%. Modular Medical has a consensus target price of $5.00, indicating a potential upside of 127.27%. Given Modular Medical's higher possible upside, analysts plainly believe Modular Medical is more favorable than Zynex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zynex
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Modular Medical
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Zynex had 7 more articles in the media than Modular Medical. MarketBeat recorded 8 mentions for Zynex and 1 mentions for Modular Medical. Modular Medical's average media sentiment score of 1.45 beat Zynex's score of 0.10 indicating that Modular Medical is being referred to more favorably in the news media.

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

Zynex has a beta of 0.53, suggesting that its share price is 47% less volatile than the S&P 500. Comparatively, Modular Medical has a beta of 0.59, suggesting that its share price is 41% less volatile than the S&P 500.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Zynex$184.32M1.51$9.73M$0.1558.40
Modular MedicalN/AN/A-$17.47M-$0.68-3.24

Summary

Zynex beats Modular Medical on 12 of the 16 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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MODD vs. The Competition

MetricModular MedicalSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$71.63M$4.45B$5.40B$8.53B
Dividend YieldN/A42.37%5.15%4.14%
P/E Ratio-3.2437.84113.7615.14
Price / SalesN/A64.751,483.0493.53
Price / CashN/A49.2739.7134.04
Price / Book6.114.214.665.01
Net Income-$17.47M$11.52M$119.06M$225.46M
7 Day Performance-0.90%1.05%0.79%0.37%
1 Month Performance-3.08%0.94%5.65%3.57%
1 Year Performance83.33%39.40%36.80%29.42%

Modular Medical Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MODD
Modular Medical
3.6131 of 5 stars
$2.20
+1.4%
$5.00
+127.3%
+81.8%$71.63MN/A-3.2439Positive News
ZYXI
Zynex
3.7459 of 5 stars
$8.76
+1.5%
$14.00
+59.8%
-1.5%$279.01M$184.32M58.401,100Gap Down
RCEL
AVITA Medical
1.1374 of 5 stars
$10.30
+2.0%
$15.00
+45.6%
+5.6%$267.70M$54.14M-5.28130Upcoming Earnings
News Coverage
SGHT
Sight Sciences
2.5214 of 5 stars
$5.21
+4.2%
$7.25
+39.2%
+229.7%$262.12M$81.06M-4.87210Upcoming Earnings
LUNG
Pulmonx
2.6535 of 5 stars
$6.27
+0.3%
$14.67
+133.9%
-30.9%$245.47M$68.68M-4.27250Analyst Forecast
News Coverage
SMLR
Semler Scientific
1.463 of 5 stars
$30.68
+4.4%
N/A+7.2%$214.52M$61.74M15.0492Upcoming Earnings
NVRO
Nevro
2.5874 of 5 stars
$5.53
+0.4%
$9.80
+77.2%
-62.0%$206.18M$426.10M-2.601,215Analyst Upgrade
SKIN
Beauty Health
2.9254 of 5 stars
$1.66
+2.5%
$2.46
+48.1%
-58.1%$205.87M$398M-2.001,030
ELMD
Electromed
N/A$22.90
-1.5%
N/A+118.9%$192.36M$54.72M39.48174
NPCE
NeuroPace
3.3071 of 5 stars
$6.29
-2.5%
$14.00
+122.6%
-8.8%$183.67M$65.42M-5.77170
PROF
Profound Medical
2.172 of 5 stars
$7.35
+1.1%
$13.75
+87.1%
-13.3%$179.29M$7.20M-6.02150Upcoming Earnings
News Coverage

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This page (NASDAQ:MODD) was last updated on 11/2/2024 by MarketBeat.com Staff
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