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Zynex (ZYXI) Competitors

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$2.18 +0.03 (+1.40%)
Closing price 04/17/2025 04:00 PM Eastern
Extended Trading
$2.22 +0.04 (+1.65%)
As of 04/17/2025 06:24 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

ZYXI vs. ZIMV, SNWV, NNOX, SMTI, NVRO, RCEL, NYXH, INGN, ELMD, and DRTS

Should you be buying Zynex stock or one of its competitors? The main competitors of Zynex include ZimVie (ZIMV), SANUWAVE Health (SNWV), Nano-X Imaging (NNOX), Sanara MedTech (SMTI), Nevro (NVRO), AVITA Medical (RCEL), Nyxoah (NYXH), Inogen (INGN), Electromed (ELMD), and Alpha Tau Medical (DRTS). These companies are all part of the "medical equipment" industry.

Zynex vs.

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

Zynex received 24 more outperform votes than ZimVie when rated by MarketBeat users. Likewise, 55.56% of users gave Zynex an outperform vote while only 28.57% of users gave ZimVie an outperform vote.

CompanyUnderperformOutperform
ZimVieOutperform Votes
6
28.57%
Underperform Votes
15
71.43%
ZynexOutperform Votes
30
55.56%
Underperform Votes
24
44.44%

In the previous week, Zynex had 24 more articles in the media than ZimVie. MarketBeat recorded 33 mentions for Zynex and 9 mentions for ZimVie. ZimVie's average media sentiment score of 1.02 beat Zynex's score of 0.04 indicating that ZimVie is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ZimVie
4 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Zynex
1 Very Positive mention(s)
8 Positive mention(s)
20 Neutral mention(s)
3 Negative mention(s)
1 Very Negative mention(s)
Neutral

ZimVie has a beta of 2.14, meaning that its share price is 114% more volatile than the S&P 500. Comparatively, Zynex has a beta of 1.09, meaning that its share price is 9% more volatile than the S&P 500.

ZimVie presently has a consensus price target of $19.50, indicating a potential upside of 107.67%. Zynex has a consensus price target of $10.25, indicating a potential upside of 370.18%. Given Zynex's higher probable upside, analysts clearly believe Zynex is more favorable than ZimVie.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ZimVie
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
3.00
Zynex
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

Zynex has a net margin of 2.49% compared to ZimVie's net margin of -77.31%. Zynex's return on equity of 13.05% beat ZimVie's return on equity.

Company Net Margins Return on Equity Return on Assets
ZimVie-77.31% 2.90% 1.17%
Zynex 2.49%13.05%3.78%

95.6% of ZimVie shares are held by institutional investors. Comparatively, 29.7% of Zynex shares are held by institutional investors. 3.0% of ZimVie shares are held by company insiders. Comparatively, 49.3% of Zynex shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Zynex has lower revenue, but higher earnings than ZimVie. ZimVie 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
ZimVie$449.75M0.58-$393.28M-$0.95-9.88
Zynex$192.35M0.34$9.73M$0.0924.22

Summary

Zynex beats ZimVie on 12 of the 19 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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ZYXI vs. The Competition

MetricZynexElectromedical equipment IndustryMedical SectorNASDAQ Exchange
Market Cap$65.90M$3.11B$5.31B$7.35B
Dividend YieldN/A1.82%5.47%4.31%
P/E Ratio14.5314.8721.9417.82
Price / Sales0.3443.57380.9497.68
Price / Cash18.0144.0938.3134.64
Price / Book1.603.336.453.98
Net Income$9.73M$94.03M$3.22B$247.81M
7 Day PerformanceN/A0.10%5.85%3.19%
1 Month Performance-15.18%-9.43%-9.58%-7.70%
1 Year Performance-80.84%-20.15%11.85%1.49%

Zynex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZYXI
Zynex
3.0295 of 5 stars
$2.18
+1.4%
$10.25
+370.2%
-80.8%$65.90M$192.35M14.53770Analyst Forecast
Gap Down
ZIMV
ZimVie
2.599 of 5 stars
$9.34
-1.4%
$23.00
+146.3%
-39.1%$260.09M$449.75M-0.712,700
SNWV
SANUWAVE Health
N/A$30.18
-1.6%
N/AN/A$258.01M$32.63M-7.7440High Trading Volume
NNOX
Nano-X Imaging
1.7611 of 5 stars
$4.41
+0.2%
$12.00
+172.1%
-39.5%$254.81M$11.28M-5.19190Analyst Forecast
News Coverage
Gap Up
SMTI
Sanara MedTech
1.7358 of 5 stars
$27.55
-0.9%
$48.50
+76.0%
-12.9%$245.25M$86.67M-27.8360High Trading Volume
NVRO
Nevro
0.7172 of 5 stars
$5.85
+0.1%
$6.43
+9.9%
-51.6%$224.32M$408.52M-3.091,215Analyst Forecast
RCEL
AVITA Medical
1.0837 of 5 stars
$7.76
+3.5%
$17.25
+122.3%
+6.6%$203.45M$64.25M-3.25130
NYXH
Nyxoah
2.0863 of 5 stars
$5.71
-6.1%
$14.75
+158.3%
-43.9%$194.48M$4.52M-3.05110Short Interest ↑
Gap Up
INGN
Inogen
3.1756 of 5 stars
$7.09
+0.7%
$7.00
-1.3%
+1.0%$190.63M$335.71M-3.151,030Short Interest ↓
Positive News
Gap Up
High Trading Volume
ELMD
Electromed
1.0454 of 5 stars
$22.16
-1.0%
$38.00
+71.5%
+57.2%$189.62M$59.63M29.55160Positive News
DRTS
Alpha Tau Medical
2.7161 of 5 stars
$2.45
-2.8%
$8.00
+226.5%
-1.9%$172.43MN/A-5.7080Short Interest ↓
News Coverage
Gap Up
High Trading Volume

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This page (NASDAQ:ZYXI) was last updated on 4/20/2025 by MarketBeat.com Staff
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