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Sonendo (SONX) Competitors

Sonendo logo
$2.16 +0.03 (+1.41%)
(As of 11/19/2024 ET)

SONX vs. BFLY, IRMD, KIDS, AXGN, SIBN, TMCI, CATX, TCMD, ZIMV, and RCEL

Should you be buying Sonendo stock or one of its competitors? The main competitors of Sonendo include Butterfly Network (BFLY), Iradimed (IRMD), OrthoPediatrics (KIDS), AxoGen (AXGN), SI-BONE (SIBN), Treace Medical Concepts (TMCI), Perspective Therapeutics (CATX), Tactile Systems Technology (TCMD), ZimVie (ZIMV), and AVITA Medical (RCEL). These companies are all part of the "medical equipment" industry.

Sonendo vs.

Sonendo (NYSE:SONX) and Butterfly Network (NYSE:BFLY) are both small-cap medical companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, media sentiment, community ranking, analyst recommendations, dividends, risk, valuation, earnings and institutional ownership.

28.7% of Sonendo shares are owned by institutional investors. Comparatively, 37.8% of Butterfly Network shares are owned by institutional investors. 7.9% of Sonendo shares are owned by company insiders. Comparatively, 27.3% of Butterfly Network 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.

In the previous week, Sonendo and Sonendo both had 1 articles in the media. Sonendo's average media sentiment score of 3.00 beat Butterfly Network's score of 0.74 indicating that Sonendo is being referred to more favorably in the media.

Company Overall Sentiment
Sonendo Very Positive
Butterfly Network Positive

Sonendo received 5 more outperform votes than Butterfly Network when rated by MarketBeat users. However, 66.67% of users gave Butterfly Network an outperform vote while only 40.74% of users gave Sonendo an outperform vote.

CompanyUnderperformOutperform
SonendoOutperform Votes
11
40.74%
Underperform Votes
16
59.26%
Butterfly NetworkOutperform Votes
6
66.67%
Underperform Votes
3
33.33%

Sonendo has a net margin of -112.08% compared to Butterfly Network's net margin of -129.25%. Butterfly Network's return on equity of -42.68% beat Sonendo's return on equity.

Company Net Margins Return on Equity Return on Assets
Sonendo-112.08% -160.87% -64.81%
Butterfly Network -129.25%-42.68%-30.31%

Sonendo has a beta of 1.47, indicating that its stock price is 47% more volatile than the S&P 500. Comparatively, Butterfly Network has a beta of 2.17, indicating that its stock price is 117% more volatile than the S&P 500.

Sonendo has higher earnings, but lower revenue than Butterfly Network. Butterfly Network is trading at a lower price-to-earnings ratio than Sonendo, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Sonendo$44.40M4.07-$60.92M-$0.45-4.80
Butterfly Network$76.22M9.29-$133.70M-$0.46-7.23

Butterfly Network has a consensus target price of $3.00, indicating a potential downside of 9.77%. Given Butterfly Network's stronger consensus rating and higher possible upside, analysts clearly believe Butterfly Network is more favorable than Sonendo.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sonendo
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Butterfly Network
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

Butterfly Network beats Sonendo on 11 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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SONX vs. The Competition

MetricSonendoDental equipment & supplies IndustryMedical SectorNYSE Exchange
Market Cap$180.60M$3.47B$5.06B$19.88B
Dividend YieldN/A1.85%5.18%3.52%
P/E Ratio-4.8037.26126.3142.94
Price / Sales4.071.951,178.7419.18
Price / CashN/A5.3533.8617.86
Price / Book4.802.084.685.52
Net Income-$60.92M-$33.08M$119.54M$986.45M
7 Day Performance20.67%3.95%-1.83%0.45%
1 Month PerformanceN/A-7.46%-3.60%1.05%
1 Year Performance839.13%134.51%31.91%24.67%

Sonendo Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SONX
Sonendo
N/A$2.16
+1.4%
N/A+815.3%$180.60M$44.40M-4.80250Positive News
Gap Up
BFLY
Butterfly Network
1.1708 of 5 stars
$3.33
+9.2%
$3.00
-9.8%
+212.2%$649.84M$65.90M0.00460
IRMD
Iradimed
4.5011 of 5 stars
$52.08
+1.6%
$60.00
+15.2%
+21.3%$649.51M$65.56M35.67110
KIDS
OrthoPediatrics
4.0846 of 5 stars
$25.50
+4.9%
$40.00
+56.9%
-19.9%$588.93M$148.73M0.00200
AXGN
AxoGen
2.703 of 5 stars
$12.90
+1.2%
$15.00
+16.3%
+113.2%$561.10M$159.01M0.00426
SIBN
SI-BONE
4.3736 of 5 stars
$12.15
-1.4%
$23.00
+89.3%
-32.6%$516.68M$138.89M0.00350Analyst Forecast
Insider Trade
Analyst Revision
TMCI
Treace Medical Concepts
1.0226 of 5 stars
$7.98
+2.8%
$7.40
-7.3%
-7.1%$483.42M$187.12M0.00250
CATX
Perspective Therapeutics
2.7679 of 5 stars
$6.16
-9.1%
$21.57
+250.2%
N/A$458.24M$1.43M0.00116Analyst Revision
TCMD
Tactile Systems Technology
3.7846 of 5 stars
$15.56
-1.3%
$23.00
+47.8%
+23.1%$378.43M$274.42M23.94980
ZIMV
ZimVie
2.5824 of 5 stars
$13.49
+2.4%
$18.33
+35.9%
+49.2%$363.48M$457.43M0.002,600
RCEL
AVITA Medical
1.4051 of 5 stars
$13.05
+0.7%
$16.50
+26.4%
+4.1%$342.17M$50.14M-5.85130

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