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NovoCure (NVCR) Competitors

NovoCure logo
$30.80 +0.40 (+1.32%)
(As of 12/20/2024 05:51 PM ET)

NVCR vs. SOLV, SNN, PEN, GKOS, BLCO, INSP, PRCT, AXNX, NVST, and NARI

Should you be buying NovoCure stock or one of its competitors? The main competitors of NovoCure include Solventum (SOLV), Smith & Nephew (SNN), Penumbra (PEN), Glaukos (GKOS), Bausch + Lomb (BLCO), Inspire Medical Systems (INSP), PROCEPT BioRobotics (PRCT), Axonics (AXNX), Envista (NVST), and Inari Medical (NARI). These companies are all part of the "medical equipment" industry.

NovoCure vs.

NovoCure (NASDAQ:NVCR) and Solventum (NYSE:SOLV) are both medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, risk, valuation, analyst recommendations, profitability, media sentiment, community ranking and earnings.

Solventum has higher revenue and earnings than NovoCure.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NovoCure$577.74M5.77-$207.04M-$1.40-22.00
Solventum$8.26B1.40N/AN/AN/A

NovoCure received 475 more outperform votes than Solventum when rated by MarketBeat users. Likewise, 63.72% of users gave NovoCure an outperform vote while only 5.56% of users gave Solventum an outperform vote.

CompanyUnderperformOutperform
NovoCureOutperform Votes
476
63.72%
Underperform Votes
271
36.28%
SolventumOutperform Votes
1
5.56%
Underperform Votes
17
94.44%

84.6% of NovoCure shares are held by institutional investors. 6.3% of NovoCure shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Solventum has a net margin of 0.00% compared to NovoCure's net margin of -25.93%. Solventum's return on equity of 0.00% beat NovoCure's return on equity.

Company Net Margins Return on Equity Return on Assets
NovoCure-25.93% -41.48% -12.74%
Solventum N/A N/A N/A

NovoCure currently has a consensus price target of $32.67, indicating a potential upside of 6.06%. Solventum has a consensus price target of $68.29, indicating a potential upside of 2.18%. Given NovoCure's stronger consensus rating and higher possible upside, analysts plainly believe NovoCure is more favorable than Solventum.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NovoCure
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
Solventum
1 Sell rating(s)
9 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Solventum had 11 more articles in the media than NovoCure. MarketBeat recorded 14 mentions for Solventum and 3 mentions for NovoCure. Solventum's average media sentiment score of 1.23 beat NovoCure's score of 0.73 indicating that Solventum is being referred to more favorably in the news media.

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

Summary

NovoCure beats Solventum on 8 of the 14 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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NVCR vs. The Competition

MetricNovoCureSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$3.29B$4.36B$5.01B$9.08B
Dividend YieldN/A41.46%4.87%4.21%
P/E Ratio-22.0025.01135.0717.15
Price / Sales5.7745.671,120.63116.80
Price / CashN/A43.4640.5837.88
Price / Book9.097.364.754.78
Net Income-$207.04M$13.64M$118.50M$225.60M
7 Day Performance-7.81%-2.82%-1.85%-1.21%
1 Month Performance80.22%0.54%11.28%3.09%
1 Year Performance130.71%41.80%29.92%16.48%

NovoCure Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVCR
NovoCure
2.7417 of 5 stars
$30.80
+1.3%
$32.67
+6.1%
+138.4%$3.29B$577.74M-22.001,453
SOLV
Solventum
1.3032 of 5 stars
$69.65
+0.1%
$68.29
-2.0%
N/A$12.03BN/A0.0022,000Positive News
SNN
Smith & Nephew
3.7078 of 5 stars
$25.66
+0.5%
N/A-7.3%$11.22B$5.55B13.0318,452News Coverage
PEN
Penumbra
4.2288 of 5 stars
$248.26
+1.1%
$252.42
+1.7%
-1.8%$9.53B$1.16B285.524,200Analyst Forecast
GKOS
Glaukos
4.115 of 5 stars
$143.55
+3.3%
$143.17
-0.3%
+89.5%$7.91B$360.35M-46.00780Analyst Forecast
Short Interest ↓
BLCO
Bausch + Lomb
3.0993 of 5 stars
$18.60
flat
$20.58
+10.7%
+16.9%$6.55B$4.68B-17.7113,300
INSP
Inspire Medical Systems
4.6549 of 5 stars
$189.70
+1.0%
$233.58
+23.1%
+1.7%$5.68B$755.59M175.541,011Positive News
PRCT
PROCEPT BioRobotics
2.7844 of 5 stars
$90.97
+1.9%
$97.86
+7.6%
+102.9%$4.75B$136.19M0.00626Positive News
AXNX
Axonics
1.4327 of 5 stars
$70.98
+0.8%
$71.00
+0.0%
+20.9%$3.63B$366.38M-591.45610High Trading Volume
NVST
Envista
3.9012 of 5 stars
$19.72
+1.3%
$20.65
+4.7%
-21.1%$3.39B$2.50B-2.5112,800
NARI
Inari Medical
3.3152 of 5 stars
$55.45
-0.3%
$58.89
+6.2%
-11.9%$3.25B$574.50M-41.181,300Analyst Forecast
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This page (NASDAQ:NVCR) was last updated on 12/21/2024 by MarketBeat.com Staff
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