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Quanterix (QTRX) Competitors

Quanterix logo
$10.50 +0.51 (+5.11%)
(As of 12/20/2024 05:16 PM ET)

QTRX vs. TRNS, CTKB, LAB, EYPT, AEHR, SENS, NAUT, QSI, FEIM, and KEQU

Should you be buying Quanterix stock or one of its competitors? The main competitors of Quanterix include Transcat (TRNS), Cytek Biosciences (CTKB), Standard BioTools (LAB), EyePoint Pharmaceuticals (EYPT), Aehr Test Systems (AEHR), Senseonics (SENS), Nautilus Biotechnology (NAUT), Quantum-Si (QSI), Frequency Electronics (FEIM), and Kewaunee Scientific (KEQU). These companies are all part of the "measuring and control equipment" industry.

Quanterix vs.

Transcat (NASDAQ:TRNS) and Quanterix (NASDAQ:QTRX) are both small-cap computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, dividends, community ranking, earnings, risk and media sentiment.

Transcat has a beta of 0.7, suggesting that its stock price is 30% less volatile than the S&P 500. Comparatively, Quanterix has a beta of 1.3, suggesting that its stock price is 30% more volatile than the S&P 500.

Transcat currently has a consensus target price of $130.25, suggesting a potential upside of 23.17%. Quanterix has a consensus target price of $23.25, suggesting a potential upside of 121.43%. Given Quanterix's stronger consensus rating and higher probable upside, analysts clearly believe Quanterix is more favorable than Transcat.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Transcat
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
Quanterix
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Transcat$270.61M3.59$13.65M$1.9853.41
Quanterix$127.95M3.15-$32.33M-$1.05-10.00

In the previous week, Transcat had 3 more articles in the media than Quanterix. MarketBeat recorded 10 mentions for Transcat and 7 mentions for Quanterix. Quanterix's average media sentiment score of 0.33 beat Transcat's score of -0.39 indicating that Quanterix is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Transcat
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Quanterix
3 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Quanterix received 59 more outperform votes than Transcat when rated by MarketBeat users. However, 66.88% of users gave Transcat an outperform vote while only 61.56% of users gave Quanterix an outperform vote.

CompanyUnderperformOutperform
TranscatOutperform Votes
210
66.88%
Underperform Votes
104
33.12%
QuanterixOutperform Votes
269
61.56%
Underperform Votes
168
38.44%

Transcat has a net margin of 6.63% compared to Quanterix's net margin of -30.71%. Transcat's return on equity of 7.36% beat Quanterix's return on equity.

Company Net Margins Return on Equity Return on Assets
Transcat6.63% 7.36% 5.90%
Quanterix -30.71%-11.52%-9.47%

98.3% of Transcat shares are owned by institutional investors. Comparatively, 86.5% of Quanterix shares are owned by institutional investors. 2.3% of Transcat shares are owned by insiders. Comparatively, 6.9% of Quanterix shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Transcat beats Quanterix on 11 of the 17 factors compared between the two stocks.

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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QTRX vs. The Competition

MetricQuanterixAnalytical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$402.98M$5.42B$5.12B$9.07B
Dividend YieldN/A0.43%4.91%4.22%
P/E Ratio-10.0025.1891.3417.19
Price / Sales3.154.291,117.70116.80
Price / CashN/A44.4542.6437.86
Price / Book1.152.204.794.78
Net Income-$32.33M$2.05M$120.07M$225.60M
7 Day Performance-1.69%-2.70%-1.90%-1.23%
1 Month Performance-10.64%-2.89%11.45%3.37%
1 Year Performance-62.00%-28.70%30.63%16.58%

Quanterix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
QTRX
Quanterix
2.0118 of 5 stars
$10.50
+5.1%
$23.25
+121.4%
-60.9%$402.98M$127.95M-10.00460
TRNS
Transcat
2.7544 of 5 stars
$109.27
+0.1%
$130.25
+19.2%
+2.4%$1.01B$270.61M54.911,104Analyst Revision
News Coverage
CTKB
Cytek Biosciences
2.0636 of 5 stars
$6.43
+3.5%
$9.25
+43.9%
-32.3%$828.26M$201.21M-77.63500Positive News
LAB
Standard BioTools
3.2471 of 5 stars
$2.12
+11.0%
$2.88
+35.6%
+3.6%$789.19M$155.90M-2.99620News Coverage
Positive News
Gap Down
EYPT
EyePoint Pharmaceuticals
1.9425 of 5 stars
$7.49
+0.4%
$25.71
+243.3%
-63.3%$511.20M$45.71M-3.79120News Coverage
Gap Down
AEHR
Aehr Test Systems
2.6061 of 5 stars
$14.40
+24.9%
$25.00
+73.6%
-47.8%$426.69M$58.71M13.0090News Coverage
Gap Up
High Trading Volume
SENS
Senseonics
2.5018 of 5 stars
$0.46
+1.8%
$2.00
+339.6%
-27.3%$270.88M$22.39M-3.4490Analyst Forecast
Gap Down
High Trading Volume
NAUT
Nautilus Biotechnology
1.625 of 5 stars
$2.01
+3.1%
$3.58
+78.3%
-41.3%$252.38MN/A-3.48130
QSI
Quantum-Si
1.9199 of 5 stars
$1.54
-10.8%
$3.25
+111.7%
-25.3%$219.06M$2.27M-2.36150High Trading Volume
FEIM
Frequency Electronics
2.233 of 5 stars
$18.45
+10.4%
N/A+92.5%$176.51M$60.19M22.07200Analyst Upgrade
News Coverage
High Trading Volume
KEQU
Kewaunee Scientific
2.258 of 5 stars
$54.80
+2.6%
N/A+107.4%$157.39M$199.64M8.461,006Analyst Upgrade
Insider Trade
Gap Down

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This page (NASDAQ:QTRX) was last updated on 12/21/2024 by MarketBeat.com Staff
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