Free Trial

10x Genomics (TXG) Competitors

10x Genomics logo
$13.32 -0.25 (-1.84%)
(As of 11/20/2024 ET)

TXG vs. CTKB, EYPT, LAB, PACB, QTRX, NAUT, SEER, AKYA, HBIO, and BLI

Should you be buying 10x Genomics stock or one of its competitors? The main competitors of 10x Genomics include Cytek Biosciences (CTKB), EyePoint Pharmaceuticals (EYPT), Standard BioTools (LAB), Pacific Biosciences of California (PACB), Quanterix (QTRX), Nautilus Biotechnology (NAUT), Seer (SEER), Akoya Biosciences (AKYA), Harvard Bioscience (HBIO), and Berkeley Lights (BLI). These companies are all part of the "analytical instruments" industry.

10x Genomics vs.

Cytek Biosciences (NASDAQ:CTKB) and 10x Genomics (NASDAQ:TXG) are both small-cap medical companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, community ranking, dividends, media sentiment, risk, valuation and institutional ownership.

Cytek Biosciences has a net margin of -5.05% compared to 10x Genomics' net margin of -28.93%. Cytek Biosciences' return on equity of -2.58% beat 10x Genomics' return on equity.

Company Net Margins Return on Equity Return on Assets
Cytek Biosciences-5.05% -2.58% -2.05%
10x Genomics -28.93%-25.07%-19.41%

69.5% of Cytek Biosciences shares are held by institutional investors. Comparatively, 84.7% of 10x Genomics shares are held by institutional investors. 9.6% of Cytek Biosciences shares are held by company insiders. Comparatively, 10.0% of 10x Genomics shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

In the previous week, Cytek Biosciences had 1 more articles in the media than 10x Genomics. MarketBeat recorded 6 mentions for Cytek Biosciences and 5 mentions for 10x Genomics. Cytek Biosciences' average media sentiment score of 0.65 beat 10x Genomics' score of 0.62 indicating that Cytek Biosciences is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cytek Biosciences
2 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
10x Genomics
3 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Cytek Biosciences has a beta of 1.32, suggesting that its share price is 32% more volatile than the S&P 500. Comparatively, 10x Genomics has a beta of 1.87, suggesting that its share price is 87% more volatile than the S&P 500.

10x Genomics received 34 more outperform votes than Cytek Biosciences when rated by MarketBeat users. Likewise, 52.94% of users gave 10x Genomics an outperform vote while only 45.45% of users gave Cytek Biosciences an outperform vote.

CompanyUnderperformOutperform
Cytek BiosciencesOutperform Votes
20
45.45%
Underperform Votes
24
54.55%
10x GenomicsOutperform Votes
54
52.94%
Underperform Votes
48
47.06%

Cytek Biosciences presently has a consensus price target of $9.17, suggesting a potential upside of 49.54%. 10x Genomics has a consensus price target of $29.19, suggesting a potential upside of 119.13%. Given 10x Genomics' higher possible upside, analysts clearly believe 10x Genomics is more favorable than Cytek Biosciences.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cytek Biosciences
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
10x Genomics
1 Sell rating(s)
7 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.53

Cytek Biosciences has higher earnings, but lower revenue than 10x Genomics. Cytek Biosciences is trading at a lower price-to-earnings ratio than 10x Genomics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cytek Biosciences$201.21M3.92-$12.15M-$0.08-76.63
10x Genomics$629.74M2.56-$255.10M-$1.53-8.71

Summary

10x Genomics beats Cytek Biosciences on 10 of the 19 factors compared between the two stocks.

Get 10x Genomics News Delivered to You Automatically

Sign up to receive the latest news and ratings for TXG 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

TXG vs. The Competition

Metric10x GenomicsAnalytical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$1.61B$5.07B$5.03B$8.81B
Dividend YieldN/A0.46%5.16%4.06%
P/E Ratio-8.7123.87135.4117.82
Price / Sales2.564.391,160.9774.56
Price / CashN/A40.7033.5332.53
Price / Book2.142.084.674.68
Net Income-$255.10M$515,312.50$119.07M$226.08M
7 Day Performance-5.67%-5.56%-1.83%-1.04%
1 Month Performance-13.34%-8.12%-3.60%1.04%
1 Year Performance-68.89%-17.04%31.66%26.28%

10x Genomics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TXG
10x Genomics
4.6868 of 5 stars
$13.32
-1.8%
$29.19
+119.1%
-69.3%$1.64B$618.73M-8.711,259
CTKB
Cytek Biosciences
3.2393 of 5 stars
$6.13
flat
$9.17
+49.5%
+0.8%$789.61M$201.21M-76.63500Short Interest ↓
EYPT
EyePoint Pharmaceuticals
2.4787 of 5 stars
$8.96
-2.8%
$28.00
+212.7%
+26.6%$628.59M$46.02M0.00120
LAB
Standard BioTools
3.2161 of 5 stars
$1.61
+6.6%
$2.88
+78.6%
-29.1%$562.11M$106.34M0.00620
PACB
Pacific Biosciences of California
1.846 of 5 stars
$1.72
flat
$3.63
+110.8%
-80.0%$471.05M$200.52M0.00730Analyst Revision
QTRX
Quanterix
2.4262 of 5 stars
$11.02
-0.4%
$23.25
+111.0%
-52.5%$424.47M$122.37M0.00460
NAUT
Nautilus Biotechnology
1.7412 of 5 stars
$2.34
+4.5%
$4.50
+92.3%
-15.8%$293.82MN/A-4.18130
SEER
Seer
2.1697 of 5 stars
$2.29
+0.4%
$3.00
+31.0%
+30.9%$134.44M$16.66M0.00160
AKYA
Akoya Biosciences
1.6888 of 5 stars
$2.16
flat
$5.43
+151.3%
-50.8%$107.06M$86.82M-1.8390Analyst Forecast
HBIO
Harvard Bioscience
1.566 of 5 stars
$2.16
+5.4%
N/A-48.8%$89.41M$112.25M0.00490Positive News
BLI
Berkeley Lights
0.7786 of 5 stars
N/AN/AN/A$72.04M$78.60M-0.70293

Related Companies and Tools


This page (NASDAQ:TXG) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners