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Haemonetics (HAE) Competitors

Haemonetics logo
$75.44 -1.46 (-1.90%)
(As of 12/20/2024 05:16 PM ET)

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

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

Haemonetics vs.

Merit Medical Systems (NASDAQ:MMSI) and Haemonetics (NYSE:HAE) are both mid-cap medical companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, earnings, analyst recommendations, institutional ownership, profitability, dividends, media sentiment, valuation and community ranking.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Merit Medical Systems$1.26B4.55$94.41M$2.0448.15
Haemonetics$1.36B2.78$117.56M$2.4131.30

Merit Medical Systems currently has a consensus target price of $105.60, indicating a potential upside of 7.51%. Haemonetics has a consensus target price of $108.78, indicating a potential upside of 44.19%. Given Haemonetics' higher probable upside, analysts clearly believe Haemonetics is more favorable than Merit Medical Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Merit Medical Systems
0 Sell rating(s)
1 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
3.00
Haemonetics
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.89

Merit Medical Systems received 39 more outperform votes than Haemonetics when rated by MarketBeat users. Likewise, 69.33% of users gave Merit Medical Systems an outperform vote while only 61.43% of users gave Haemonetics an outperform vote.

CompanyUnderperformOutperform
Merit Medical SystemsOutperform Votes
434
69.33%
Underperform Votes
192
30.67%
HaemoneticsOutperform Votes
395
61.43%
Underperform Votes
248
38.57%

Merit Medical Systems has a beta of 0.84, suggesting that its share price is 16% less volatile than the S&P 500. Comparatively, Haemonetics has a beta of 0.38, suggesting that its share price is 62% less volatile than the S&P 500.

In the previous week, Merit Medical Systems had 16 more articles in the media than Haemonetics. MarketBeat recorded 20 mentions for Merit Medical Systems and 4 mentions for Haemonetics. Merit Medical Systems' average media sentiment score of 0.95 beat Haemonetics' score of 0.92 indicating that Merit Medical Systems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Merit Medical Systems
8 Very Positive mention(s)
7 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Haemonetics
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Haemonetics has a net margin of 9.10% compared to Merit Medical Systems' net margin of 9.05%. Haemonetics' return on equity of 22.67% beat Merit Medical Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Merit Medical Systems9.05% 15.61% 8.38%
Haemonetics 9.10%22.67%8.83%

99.7% of Merit Medical Systems shares are held by institutional investors. Comparatively, 99.7% of Haemonetics shares are held by institutional investors. 3.7% of Merit Medical Systems shares are held by company insiders. Comparatively, 1.8% of Haemonetics shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Merit Medical Systems 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$3.79B$4.34B$5.12B$19.18B
Dividend YieldN/A41.46%4.91%3.60%
P/E Ratio31.3025.3791.3441.28
Price / Sales2.7845.961,117.7017.60
Price / Cash13.7743.4542.6421.28
Price / Book3.997.364.795.32
Net Income$117.56M$13.64M$120.07M$989.88M
7 Day Performance-7.08%-2.80%-1.90%-3.54%
1 Month Performance-11.69%0.56%11.45%-3.68%
1 Year Performance-11.78%41.87%30.63%12.14%

Haemonetics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HAE
Haemonetics
4.5851 of 5 stars
$75.44
-1.9%
$108.78
+44.2%
-12.5%$3.79B$1.36B31.303,657Positive News
High Trading Volume
MMSI
Merit Medical Systems
4.4681 of 5 stars
$102.86
+0.1%
$105.09
+2.2%
+37.0%$5.99B$1.33B50.476,950News Coverage
XRAY
DENTSPLY SIRONA
4.8879 of 5 stars
$19.99
+1.4%
$28.40
+42.1%
-45.0%$3.97B$3.90B-9.5315,000Analyst Forecast
ICUI
ICU Medical
4.585 of 5 stars
$160.76
-0.5%
$199.67
+24.2%
+61.3%$3.94B$2.34B-35.3714,000
QDEL
QuidelOrtho
4.1214 of 5 stars
$42.67
+3.2%
$53.43
+25.2%
-36.8%$2.87B$3.00B-1.577,100Gap Up
NEOG
Neogen
3.4609 of 5 stars
$11.96
-1.6%
$17.50
+46.3%
-39.8%$2.59B$912.20M-110.452,640Analyst Forecast
News Coverage
STAA
STAAR Surgical
4.8226 of 5 stars
$24.39
-1.9%
$42.83
+75.6%
-19.9%$1.20B$322.42M56.501,115Insider Trade
CERS
Cerus
2.8128 of 5 stars
$1.81
+5.6%
$3.63
+100.8%
-25.1%$335.22M$176.23M-15.55625
OSUR
OraSure Technologies
4.3598 of 5 stars
$4.03
+3.1%
$5.50
+36.5%
-53.6%$300.61M$224.26M27.60638News Coverage
Gap Down
ANIK
Anika Therapeutics
4.1654 of 5 stars
$17.20
+0.2%
$24.50
+42.4%
-26.8%$251.91M$164.17M-2.58357Positive News
UTMD
Utah Medical Products
3.1165 of 5 stars
$62.95
+0.5%
N/A-27.9%$213.40M$50.22M14.73180Positive News

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