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Haemonetics (HAE) Competitors

Haemonetics logo
$84.92 +0.09 (+0.11%)
(As of 11/20/2024 ET)

HAE vs. ALGN, MMSI, ICUI, XRAY, NEOG, QDEL, STAA, CERS, OSUR, and ANIK

Should you be buying Haemonetics stock or one of its competitors? The main competitors of Haemonetics include Align Technology (ALGN), Merit Medical Systems (MMSI), ICU Medical (ICUI), DENTSPLY SIRONA (XRAY), Neogen (NEOG), QuidelOrtho (QDEL), STAAR Surgical (STAA), Cerus (CERS), OraSure Technologies (OSUR), and Anika Therapeutics (ANIK). These companies are all part of the "health care supplies" industry.

Haemonetics vs.

Align Technology (NASDAQ:ALGN) and Haemonetics (NYSE:HAE) are both medical companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, earnings, dividends, media sentiment, analyst recommendations, institutional ownership, community ranking, risk and valuation.

Align Technology has higher revenue and earnings than Haemonetics. Haemonetics is trading at a lower price-to-earnings ratio than Align Technology, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Align Technology$3.96B4.22$445.05M$5.8638.20
Haemonetics$1.36B3.13$117.56M$2.4135.24

Align Technology has a net margin of 11.15% compared to Haemonetics' net margin of 9.10%. Haemonetics' return on equity of 22.67% beat Align Technology's return on equity.

Company Net Margins Return on Equity Return on Assets
Align Technology11.15% 13.99% 8.53%
Haemonetics 9.10%22.67%8.83%

Align Technology received 391 more outperform votes than Haemonetics when rated by MarketBeat users. Likewise, 69.72% of users gave Align Technology an outperform vote while only 61.25% of users gave Haemonetics an outperform vote.

CompanyUnderperformOutperform
Align TechnologyOutperform Votes
783
69.72%
Underperform Votes
340
30.28%
HaemoneticsOutperform Votes
392
61.25%
Underperform Votes
248
38.75%

Align Technology presently has a consensus target price of $276.38, indicating a potential upside of 23.45%. Haemonetics has a consensus target price of $107.88, indicating a potential upside of 27.03%. Given Haemonetics' stronger consensus rating and higher possible upside, analysts clearly believe Haemonetics is more favorable than Align Technology.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Align Technology
1 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.40
Haemonetics
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.88

88.4% of Align Technology shares are held by institutional investors. Comparatively, 99.7% of Haemonetics shares are held by institutional investors. 0.6% of Align Technology shares are held by company insiders. Comparatively, 1.8% of Haemonetics shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, Haemonetics had 4 more articles in the media than Align Technology. MarketBeat recorded 12 mentions for Haemonetics and 8 mentions for Align Technology. Align Technology's average media sentiment score of 1.22 beat Haemonetics' score of 0.86 indicating that Align Technology is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Align Technology
7 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Haemonetics
6 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Align Technology has a beta of 1.65, suggesting that its share price is 65% more volatile than the S&P 500. Comparatively, Haemonetics has a beta of 0.32, suggesting that its share price is 68% less volatile than the S&P 500.

Summary

Align Technology beats Haemonetics on 10 of the 18 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 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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HAE vs. The Competition

MetricHaemoneticsSurgical & medical instruments IndustryMedical SectorNYSE Exchange
Market Cap$4.26B$4.41B$5.01B$19.85B
Dividend YieldN/A41.16%5.16%3.52%
P/E Ratio35.2424.82134.3742.73
Price / Sales3.1347.021,158.6819.27
Price / Cash14.7451.8733.5317.86
Price / Book4.494.974.675.52
Net Income$117.56M$13.76M$119.07M$986.45M
7 Day Performance-6.42%-1.08%-1.83%0.45%
1 Month Performance13.42%0.58%-3.62%1.05%
1 Year Performance2.95%50.91%31.63%24.67%

Haemonetics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HAE
Haemonetics
4.925 of 5 stars
$84.92
+0.1%
$107.88
+27.0%
+2.4%$4.26B$1.31B35.243,657
ALGN
Align Technology
4.6509 of 5 stars
$223.87
+0.6%
$276.38
+23.5%
+4.0%$16.71B$3.96B38.2021,610Positive News
MMSI
Merit Medical Systems
4.4368 of 5 stars
$104.08
-0.6%
$103.36
-0.7%
+44.9%$6.10B$1.26B51.026,950Insider Trade
Positive News
ICUI
ICU Medical
4.0342 of 5 stars
$167.59
-1.2%
$173.00
+3.2%
+94.1%$4.15B$2.26B0.0014,000Analyst Upgrade
Short Interest ↓
XRAY
DENTSPLY SIRONA
4.8932 of 5 stars
$18.52
-1.9%
$29.50
+59.3%
-38.1%$3.75B$3.97B0.0015,000Analyst Downgrade
NEOG
Neogen
2.153 of 5 stars
$14.90
-1.3%
$17.50
+17.4%
-8.5%$3.27B$924.22M-135.452,640
QDEL
QuidelOrtho
4.5813 of 5 stars
$37.48
-2.9%
$58.83
+57.0%
-45.1%$2.59B$3.00B0.007,100Analyst Forecast
Gap Down
High Trading Volume
STAA
STAAR Surgical
4.8425 of 5 stars
$26.32
+0.7%
$43.33
+64.6%
-24.3%$1.29B$322.42M59.821,115
CERS
Cerus
2.6525 of 5 stars
$1.66
-1.2%
$3.63
+118.4%
-7.3%$312M$156.37M0.00625Positive News
OSUR
OraSure Technologies
4.4944 of 5 stars
$3.81
-1.3%
$6.67
+75.0%
-47.2%$287.93M$405.47M25.40638
ANIK
Anika Therapeutics
2.8624 of 5 stars
$17.18
+0.8%
$24.50
+42.6%
-16.6%$249.57M$164.17M-2.58357High Trading Volume

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