NeurAxis (NASDAQ:NRXS – Get Free Report) is one of 75 publicly-traded companies in the “Electromedical equipment” industry, but how does it contrast to its rivals? We will compare NeurAxis to related businesses based on the strength of its institutional ownership, risk, profitability, dividends, earnings, analyst recommendations and valuation.
Profitability
This table compares NeurAxis and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
NeurAxis | -594.55% | N/A | -899.27% |
NeurAxis Competitors | -314.77% | -38.52% | -22.19% |
Institutional and Insider Ownership
11.8% of NeurAxis shares are owned by institutional investors. Comparatively, 46.1% of shares of all “Electromedical equipment” companies are owned by institutional investors. 15.2% of shares of all “Electromedical equipment” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Analyst Ratings
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
NeurAxis | 0 | 0 | 1 | 0 | 3.00 |
NeurAxis Competitors | 231 | 748 | 1992 | 98 | 2.64 |
As a group, “Electromedical equipment” companies have a potential upside of 34.07%. Given NeurAxis’ rivals higher possible upside, analysts plainly believe NeurAxis has less favorable growth aspects than its rivals.
Earnings & Valuation
This table compares NeurAxis and its rivals top-line revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
NeurAxis | $2.46 million | -$14.63 million | -0.69 |
NeurAxis Competitors | $967.50 million | $84.38 million | 7.36 |
NeurAxis’ rivals have higher revenue and earnings than NeurAxis. NeurAxis is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Summary
NeurAxis rivals beat NeurAxis on 9 of the 12 factors compared.
About NeurAxis
NeurAxis, Inc., a medical technology company, focuses on developing neuromodulation therapies to address chronic and debilitating conditions in children and adults in the United States. It offers IB-Stim, a percutaneous electrical nerve field stimulation system intended to be used in patients 11-18 years of age with functional abdominal pain associated with irritable bowel syndrome. The company sells its products to healthcare companies, including hospitals and clinics. The company was formerly known as Innovative Health Solutions, Inc. and changed its name to NeurAxis, Inc. in March 2022. The company was founded in 2011 and is headquartered in Carmel, Indiana.
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