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Paragon 28 (FNA) Competitors

Paragon 28 logo
$10.03 +0.23 (+2.35%)
(As of 12/20/2024 05:31 PM ET)

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

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

Paragon 28 vs.

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

Paragon 28 currently has a consensus price target of $15.60, suggesting a potential upside of 55.53%. NovoCure has a consensus price target of $32.67, suggesting a potential upside of 6.06%. Given Paragon 28's stronger consensus rating and higher possible upside, research analysts plainly believe Paragon 28 is more favorable than NovoCure.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paragon 28
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.20
NovoCure
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

Paragon 28 has a beta of 1.52, meaning that its stock price is 52% more volatile than the S&P 500. Comparatively, NovoCure has a beta of 0.75, meaning that its stock price is 25% less volatile than the S&P 500.

63.6% of Paragon 28 shares are owned by institutional investors. Comparatively, 84.6% of NovoCure shares are owned by institutional investors. 15.3% of Paragon 28 shares are owned by company insiders. Comparatively, 6.3% of NovoCure shares are owned by company 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 has higher earnings, but lower revenue than NovoCure. NovoCure 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$245.00M3.43-$57.53M-$0.74-13.55
NovoCure$577.74M5.77-$207.04M-$1.40-22.00

NovoCure received 442 more outperform votes than Paragon 28 when rated by MarketBeat users. However, 82.93% of users gave Paragon 28 an outperform vote while only 63.72% of users gave NovoCure an outperform vote.

CompanyUnderperformOutperform
Paragon 28Outperform Votes
34
82.93%
Underperform Votes
7
17.07%
NovoCureOutperform Votes
476
63.72%
Underperform Votes
271
36.28%

Paragon 28 has a net margin of -25.31% compared to NovoCure's net margin of -25.93%. Paragon 28's return on equity of -37.90% beat NovoCure's return on equity.

Company Net Margins Return on Equity Return on Assets
Paragon 28-25.31% -37.90% -18.22%
NovoCure -25.93%-41.48%-12.74%

In the previous week, Paragon 28 and Paragon 28 both had 3 articles in the media. Paragon 28's average media sentiment score of 0.45 beat NovoCure's score of 0.22 indicating that Paragon 28 is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Paragon 28
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
NovoCure
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Paragon 28 beats NovoCure on 12 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$839.71M$4.34B$5.13B$19.18B
Dividend YieldN/A44.57%5.08%3.61%
P/E Ratio-13.5525.3789.5841.30
Price / Sales3.4345.951,116.1217.60
Price / CashN/A43.4542.8221.28
Price / Book4.897.094.775.32
Net Income-$57.53M$13.64M$120.15M$989.88M
7 Day Performance-3.74%-2.93%-1.92%-3.54%
1 Month Performance-3.84%0.28%11.47%-3.68%
1 Year Performance-20.84%40.76%30.52%12.14%

Paragon 28 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FNA
Paragon 28
3.0405 of 5 stars
$10.03
+2.3%
$15.60
+55.5%
-17.7%$839.71M$245.00M-13.55343,000High Trading Volume
NVCR
NovoCure
2.4915 of 5 stars
$32.71
-2.1%
$32.67
-0.1%
+138.4%$3.54B$577.74M-23.861,453
NVST
Envista
3.9074 of 5 stars
$19.55
+0.4%
$20.65
+5.6%
-21.1%$3.36B$2.50B-2.5112,800Positive News
NARI
Inari Medical
3.3112 of 5 stars
$55.19
-0.7%
$58.89
+6.7%
-11.9%$3.23B$574.50M-41.181,300Analyst Forecast
Insider Trade
IRTC
iRhythm Technologies
3.0956 of 5 stars
$89.42
+3.5%
$107.82
+20.6%
-14.3%$2.80B$492.68M-17.782,000Analyst Forecast
LIVN
LivaNova
3.626 of 5 stars
$50.42
-2.1%
$69.17
+37.2%
-4.4%$2.74B$1.24B122.622,900Analyst Upgrade
Positive News
ENOV
Enovis
2.9726 of 5 stars
$46.59
+1.0%
$67.00
+43.8%
-21.5%$2.60B$2.00B-21.396,550Positive News
WRBY
Warby Parker
1.5771 of 5 stars
$24.31
+2.9%
$20.73
-14.7%
+99.1%$2.47B$669.77M-87.523,491Insider Trade
CNMD
CONMED
4.6139 of 5 stars
$71.67
-1.2%
$79.80
+11.3%
-36.7%$2.21B$1.29B17.234,000Positive News
TNDM
Tandem Diabetes Care
4.6384 of 5 stars
$33.18
+1.6%
$53.81
+62.2%
+30.3%$2.18B$747.72M-16.922,400Positive News
TMDX
TransMedics Group
4.0377 of 5 stars
$64.50
+0.4%
$126.80
+96.6%
-20.1%$2.16B$241.62M68.36210Analyst Forecast

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This page (NYSE:FNA) was last updated on 12/21/2024 by MarketBeat.com Staff
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