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Paragon 28 (FNA) Competitors

Paragon 28 logo
$10.35 -0.15 (-1.43%)
(As of 11/20/2024 ET)

FNA vs. NARI, LIVN, TMDX, ENOV, SLNO, WRBY, IRTC, CNMD, TNDM, and NVCR

Should you be buying Paragon 28 stock or one of its competitors? The main competitors of Paragon 28 include Inari Medical (NARI), LivaNova (LIVN), TransMedics Group (TMDX), Enovis (ENOV), Soleno Therapeutics (SLNO), Warby Parker (WRBY), iRhythm Technologies (IRTC), CONMED (CNMD), Tandem Diabetes Care (TNDM), and NovoCure (NVCR). These companies are all part of the "medical equipment" industry.

Paragon 28 vs.

Paragon 28 (NYSE:FNA) and Inari Medical (NASDAQ:NARI) are both medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, profitability, institutional ownership, media sentiment, earnings, risk, community ranking, dividends and analyst recommendations.

63.6% of Paragon 28 shares are held by institutional investors. Comparatively, 91.0% of Inari Medical shares are held by institutional investors. 15.3% of Paragon 28 shares are held by insiders. Comparatively, 10.6% of Inari Medical shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Paragon 28 presently has a consensus target price of $15.60, suggesting a potential upside of 50.72%. Inari Medical has a consensus target price of $58.89, suggesting a potential upside of 20.18%. Given Paragon 28's stronger consensus rating and higher possible upside, equities research analysts clearly believe Paragon 28 is more favorable than Inari Medical.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paragon 28
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
Inari Medical
0 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.45

Inari Medical has a net margin of -13.68% compared to Paragon 28's net margin of -25.31%. Inari Medical's return on equity of -10.09% beat Paragon 28's return on equity.

Company Net Margins Return on Equity Return on Assets
Paragon 28-25.31% -37.90% -18.22%
Inari Medical -13.68%-10.09%-6.60%

Inari Medical received 32 more outperform votes than Paragon 28 when rated by MarketBeat users. However, 82.50% of users gave Paragon 28 an outperform vote while only 61.90% of users gave Inari Medical an outperform vote.

CompanyUnderperformOutperform
Paragon 28Outperform Votes
33
82.50%
Underperform Votes
7
17.50%
Inari MedicalOutperform Votes
65
61.90%
Underperform Votes
40
38.10%

Inari Medical has higher revenue and earnings than Paragon 28. Inari Medical is trading at a lower price-to-earnings ratio than Paragon 28, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Paragon 28$216.39M4.00-$57.53M-$0.74-13.99
Inari Medical$493.63M5.81-$1.64M-$1.35-36.30

In the previous week, Paragon 28 had 19 more articles in the media than Inari Medical. MarketBeat recorded 27 mentions for Paragon 28 and 8 mentions for Inari Medical. Inari Medical's average media sentiment score of 1.02 beat Paragon 28's score of 0.13 indicating that Inari Medical is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Paragon 28
2 Very Positive mention(s)
2 Positive mention(s)
19 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Inari Medical
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Paragon 28 has a beta of 1.01, meaning that its share price is 1% more volatile than the S&P 500. Comparatively, Inari Medical has a beta of 0.96, meaning that its share price is 4% less volatile than the S&P 500.

Summary

Inari Medical beats Paragon 28 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 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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FNA vs. The Competition

MetricParagon 28Surgical & medical instruments IndustryMedical SectorNYSE Exchange
Market Cap$866.50M$4.47B$5.07B$19.96B
Dividend YieldN/A36.79%4.99%3.49%
P/E Ratio-13.9913.2787.8636.42
Price / Sales4.0044.831,228.8217.94
Price / CashN/A52.2739.5121.28
Price / Book6.205.776.944.59
Net Income-$57.53M$13.76M$119.12M$985.93M
7 Day Performance6.70%-1.10%-1.84%0.45%
1 Month Performance94.55%0.56%-3.65%1.05%
1 Year Performance1.17%50.90%31.64%24.67%

Paragon 28 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FNA
Paragon 28
2.1583 of 5 stars
$10.35
-1.4%
$15.60
+50.7%
-0.3%$866.50M$216.39M-13.99343,000Analyst Revision
NARI
Inari Medical
3.2625 of 5 stars
$49.00
-3.9%
$58.89
+20.2%
-15.9%$2.87B$493.63M0.001,300Insider Trade
Positive News
LIVN
LivaNova
4.1794 of 5 stars
$49.79
-0.5%
$69.17
+38.9%
+6.8%$2.70B$1.15B119.172,900
TMDX
TransMedics Group
4.4367 of 5 stars
$76.90
-0.4%
$131.80
+71.4%
+10.5%$2.58B$241.62M82.13210Analyst Forecast
Gap Down
ENOV
Enovis
3.2254 of 5 stars
$44.78
-1.1%
$67.00
+49.6%
-12.3%$2.50B$1.71B0.006,550
SLNO
Soleno Therapeutics
4.0001 of 5 stars
$54.91
+0.1%
$74.83
+36.3%
+96.1%$2.37BN/A-16.5230
WRBY
Warby Parker
2.3436 of 5 stars
$23.02
-1.1%
$18.82
-18.3%
+112.4%$2.34B$669.77M0.003,491Analyst Forecast
IRTC
iRhythm Technologies
3.2268 of 5 stars
$73.74
-2.3%
$108.50
+47.1%
-11.8%$2.31B$492.68M0.002,000
CNMD
CONMED
4.8204 of 5 stars
$70.97
+0.4%
$79.80
+12.4%
-35.1%$2.19B$1.24B16.794,000
TNDM
Tandem Diabetes Care
4.7486 of 5 stars
$30.15
+8.2%
$54.25
+79.9%
+63.7%$1.98B$747.72M-15.622,400Positive News
NVCR
NovoCure
3.7435 of 5 stars
$16.84
-0.1%
$26.17
+55.4%
+38.3%$1.82B$509.34M-12.041,453

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This page (NYSE:FNA) was last updated on 11/21/2024 by MarketBeat.com Staff
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