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Zynex (ZYXI) Competitors

Zynex logo
$8.26 +0.15 (+1.85%)
(As of 11/22/2024 ET)

ZYXI vs. AXGN, PLSE, BVS, EYE, CBLL, FNA, LQDA, AVNS, EMBC, and BFLY

Should you be buying Zynex stock or one of its competitors? The main competitors of Zynex include AxoGen (AXGN), Pulse Biosciences (PLSE), Bioventus (BVS), National Vision (EYE), CeriBell (CBLL), Paragon 28 (FNA), Liquidia (LQDA), Avanos Medical (AVNS), Embecta (EMBC), and Butterfly Network (BFLY). These companies are all part of the "medical equipment" industry.

Zynex vs.

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

Zynex has a net margin of 2.49% compared to AxoGen's net margin of -7.91%. Zynex's return on equity of 13.05% beat AxoGen's return on equity.

Company Net Margins Return on Equity Return on Assets
AxoGen-7.91% -14.91% -7.49%
Zynex 2.49%13.05%3.78%

80.3% of AxoGen shares are held by institutional investors. Comparatively, 29.7% of Zynex shares are held by institutional investors. 7.0% of AxoGen shares are held by insiders. Comparatively, 52.1% of Zynex shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Zynex has higher revenue and earnings than AxoGen. AxoGen 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
AxoGen$159.01M3.69-$21.72M-$0.32-41.69
Zynex$184.32M1.43$9.73M$0.1555.07

In the previous week, AxoGen had 2 more articles in the media than Zynex. MarketBeat recorded 2 mentions for AxoGen and 0 mentions for Zynex. AxoGen's average media sentiment score of 0.95 beat Zynex's score of -0.55 indicating that AxoGen is being referred to more favorably in the media.

Company Overall Sentiment
AxoGen Positive
Zynex Negative

AxoGen received 425 more outperform votes than Zynex when rated by MarketBeat users. Likewise, 72.71% of users gave AxoGen an outperform vote while only 57.14% of users gave Zynex an outperform vote.

CompanyUnderperformOutperform
AxoGenOutperform Votes
453
72.71%
Underperform Votes
170
27.29%
ZynexOutperform Votes
28
57.14%
Underperform Votes
21
42.86%

AxoGen currently has a consensus target price of $15.00, indicating a potential upside of 12.44%. Zynex has a consensus target price of $14.00, indicating a potential upside of 69.49%. Given Zynex's higher probable upside, analysts clearly believe Zynex is more favorable than AxoGen.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AxoGen
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
Zynex
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

AxoGen has a beta of 1.13, suggesting that its share price is 13% more volatile than the S&P 500. Comparatively, Zynex has a beta of 0.53, suggesting that its share price is 47% less volatile than the S&P 500.

Summary

Zynex beats AxoGen on 9 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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ZYXI vs. The Competition

MetricZynexElectromedical equipment IndustryMedical SectorNASDAQ Exchange
Market Cap$263.08M$3.52B$5.21B$8.85B
Dividend YieldN/A1.72%5.53%4.08%
P/E Ratio55.0713.3973.5814.36
Price / Sales1.4396.201,248.4887.29
Price / Cash19.7146.0640.8336.89
Price / Book7.384.087.196.54
Net Income$9.73M$89.83M$119.47M$226.15M
7 Day Performance5.90%0.59%2.11%3.76%
1 Month Performance-1.20%6.41%-2.45%4.63%
1 Year Performance-9.03%21.31%34.51%29.20%

Zynex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZYXI
Zynex
3.7398 of 5 stars
$8.26
+1.8%
$14.00
+69.5%
-9.0%$263.08M$184.32M55.071,100
AXGN
AxoGen
2.7093 of 5 stars
$13.10
+1.6%
$15.00
+14.5%
+126.1%$576.53M$159.01M-40.94426
PLSE
Pulse Biosciences
1.6172 of 5 stars
$16.24
+0.6%
N/A+164.3%$999.07M$700,000.000.00140
BVS
Bioventus
2.7235 of 5 stars
$11.50
+0.8%
$13.00
+13.0%
+206.5%$933.23M$512.34M29.721,200Positive News
EYE
National Vision
3.1337 of 5 stars
$11.51
+1.5%
$14.00
+21.7%
-40.2%$906.02M$2.13B-56.7013,998Positive News
CBLL
CeriBell
N/A$25.24
+0.7%
$31.20
+23.6%
N/A$903.92MN/A0.00N/AQuiet Period Expiration
FNA
Paragon 28
2.4321 of 5 stars
$10.43
+0.8%
$15.60
+49.6%
-0.9%$873.20M$216.39M-13.99343,000Insider Trade
LQDA
Liquidia
3.814 of 5 stars
$10.15
+0.3%
$24.00
+136.5%
+58.5%$859.10M$17.49M-6.2150Positive News
AVNS
Avanos Medical
3.8079 of 5 stars
$18.02
+0.8%
N/A-12.9%$828.20M$673.30M54.003,771Analyst Revision
Positive News
EMBC
Embecta
0.9062 of 5 stars
$13.95
+2.5%
$12.00
-14.0%
-21.6%$804.66M$1.12B11.542,200Upcoming Earnings
BFLY
Butterfly Network
0.7714 of 5 stars
$3.30
-0.6%
$3.00
-9.0%
+217.6%$702.10M$65.90M-7.67460

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This page (NASDAQ:ZYXI) was last updated on 11/23/2024 by MarketBeat.com Staff
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