BFLY vs. NVST, PRCT, IRTC, WRBY, LIVN, ENOV, NVCR, TMDX, LMAT, and TNDM
Should you be buying Butterfly Network stock or one of its competitors? The main competitors of Butterfly Network include Envista (NVST), PROCEPT BioRobotics (PRCT), iRhythm Technologies (IRTC), Warby Parker (WRBY), LivaNova (LIVN), Enovis (ENOV), NovoCure (NVCR), TransMedics Group (TMDX), LeMaitre Vascular (LMAT), and Tandem Diabetes Care (TNDM). These companies are all part of the "medical equipment" industry.
Butterfly Network vs.
Butterfly Network (NYSE:BFLY) and Envista (NYSE:NVST) are both medical companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, analyst recommendations, community ranking, valuation, media sentiment, profitability and risk.
Butterfly Network has higher earnings, but lower revenue than Envista. Butterfly Network is trading at a lower price-to-earnings ratio than Envista, indicating that it is currently the more affordable of the two stocks.
Envista has a net margin of -44.56% compared to Butterfly Network's net margin of -129.25%. Envista's return on equity of 3.86% beat Butterfly Network's return on equity.
Envista received 28 more outperform votes than Butterfly Network when rated by MarketBeat users. However, 66.67% of users gave Butterfly Network an outperform vote while only 35.79% of users gave Envista an outperform vote.
Butterfly Network has a beta of 2.47, suggesting that its stock price is 147% more volatile than the S&P 500. Comparatively, Envista has a beta of 1.34, suggesting that its stock price is 34% more volatile than the S&P 500.
In the previous week, Butterfly Network had 2 more articles in the media than Envista. MarketBeat recorded 6 mentions for Butterfly Network and 4 mentions for Envista. Envista's average media sentiment score of 1.11 beat Butterfly Network's score of 0.48 indicating that Envista is being referred to more favorably in the news media.
37.9% of Butterfly Network shares are held by institutional investors. 27.3% of Butterfly Network shares are held by insiders. Comparatively, 1.3% of Envista shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Butterfly Network currently has a consensus price target of $3.00, indicating a potential downside of 29.82%. Envista has a consensus price target of $20.21, indicating a potential downside of 3.33%. Given Envista's higher probable upside, analysts plainly believe Envista is more favorable than Butterfly Network.
Summary
Butterfly Network beats Envista on 9 of the 17 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.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE 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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This page (NYSE:BFLY) was last updated on 2/22/2025 by MarketBeat.com Staff
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