Head-To-Head Contrast: Avinger (AVGR) vs. Its Competitors

Avinger (NASDAQ: AVGR) is one of 104 publicly-traded companies in the “Surgical & medical instruments” industry, but how does it weigh in compared to its competitors? We will compare Avinger to related companies based on the strength of its analyst recommendations, institutional ownership, dividends, risk, profitability, valuation and earnings.

Profitability

This table compares Avinger and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Avinger -490.56% N/A -179.63%
Avinger Competitors -62.26% -47.35% -18.28%



Risk & Volatility

Avinger has a beta of 0.54, meaning that its share price is 46% less volatile than the S&P 500. Comparatively, Avinger’s competitors have a beta of 0.80, meaning that their average share price is 20% less volatile than the S&P 500.

Institutional and Insider Ownership

72.9% of Avinger shares are held by institutional investors. Comparatively, 48.0% of shares of all “Surgical & medical instruments” companies are held by institutional investors. 17.0% of Avinger shares are held by company insiders. Comparatively, 16.1% of shares of all “Surgical & medical instruments” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Avinger and its competitors gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Avinger $9.93 million -$48.73 million -0.02
Avinger Competitors $1.54 billion $111.80 million -143.15

Avinger’s competitors have higher revenue and earnings than Avinger. Avinger is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a summary of recent ratings and target prices for Avinger and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Avinger 0 0 2 0 3.00
Avinger Competitors 494 1880 3745 115 2.56

As a group, “Surgical & medical instruments” companies have a potential upside of 11.06%. Given Avinger’s competitors higher possible upside, analysts clearly believe Avinger has less favorable growth aspects than its competitors.

Summary

Avinger competitors beat Avinger on 7 of the 13 factors compared.

About Avinger

Avinger, Inc., a commercial-stage medical device company, designs, manufactures, and sells image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease (PAD) in the United States and Europe. It develops lumivascular platform that integrates optical coherence tomography visualization with interventional catheters to provide real-time intravascular imaging during the treatment portion of PAD procedures. The company's lumivascular products comprise Lightbox imaging consoles, as well as the Ocelot family of catheters, which are designed to penetrate a total blockage in an artery; and Pantheris, an image-guided atherectomy device that allows physicians to precisely remove arterial plaque in PAD patients. In addition, its first-generation chronic total occlusion (CTO)-crossing catheters, Wildcat, and Kittycat 2, which employs a proprietary design that uses a rotational spinning technique allowing the physician to switch between passive and active modes when navigating across a CTO. The company sells and markets its products to interventional cardiologists, vascular surgeons, and interventional radiologists. Avinger, Inc. was founded in 2007 and is headquartered in Redwood City, California.

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