OncoCyte (NASDAQ:OCX – Get Free Report) and Response Genetics (OTCMKTS:RGDXQ – Get Free Report) are both medical companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, dividends, risk, valuation, analyst recommendations and institutional ownership.
Insider and Institutional Ownership
55.3% of OncoCyte shares are held by institutional investors. 1.9% of OncoCyte shares are held by company insiders. Comparatively, 4.9% of Response Genetics shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Profitability
This table compares OncoCyte and Response Genetics’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
OncoCyte | -3,558.46% | -149.88% | -45.79% |
Response Genetics | N/A | N/A | N/A |
Analyst Ratings
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
OncoCyte | 0 | 2 | 2 | 0 | 2.50 |
Response Genetics | 0 | 0 | 0 | 0 | N/A |
OncoCyte presently has a consensus target price of $4.06, suggesting a potential upside of 42.54%.
Earnings and Valuation
This table compares OncoCyte and Response Genetics”s top-line revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
OncoCyte | $1.02 million | 23.05 | -$27.78 million | N/A | N/A |
Response Genetics | N/A | N/A | N/A | N/A | N/A |
Response Genetics has lower revenue, but higher earnings than OncoCyte.
Summary
Response Genetics beats OncoCyte on 4 of the 7 factors compared between the two stocks.
About OncoCyte
OncoCyte Corporation, a precision diagnostics company, focuses on development and commercialization of proprietary tests in the United States and internationally. The company is developing DetermaIO, a gene expression test that assesses the tumor microenvironment to predict response to immunotherapies; DetermaCNI, a blood-based monitoring tool for monitoring therapeutic efficacy in cancer patients; and VitaGraft, a blood-based solid organ transplantation monitoring test. It also provides testing services for biomarker discovery, assay design and development, clinical trial support, and various biomarker tests. The company has a collaboration agreement with Bio-Rad Laboratories, Inc. (Bio-Rad) to collaborate in the development and the commercialization of research use only and in vitro diagnostics kitted transplant products using Bio-Rad's ddPCR instruments and reagents. OncoCyte Corporation was incorporated in 2009 and is based in Irvine, California.
About Response Genetics
Response Genetics, Inc., a life sciences company, researches, develops, markets, and sells pharmacogenomic tests for use in the treatment of cancer in the United States, Europe, and internationally. The company offers tests for measuring predictive factors for therapy response in tumor tissue samples. It provides testing services for non-small cell lung cancer, colorectal cancer, gastric and gastroesophageal cancer, melanoma and thyroid cancer, breast cancer, and glioma through its ResponseDX: Lung, ResponseDX: Colon, ResponseDX: Gastric, ResponseDX: Melanoma, ResponseDX: Thyroid, ResponseDX: Breast, ResponseDX: Glioma, and ResponseDX: Tissue of Origin test suites. The company also develops tests for other tumor types; and provides technical component and professional component testing services. It serves community based oncologists, pathologists, physician offices, hospitals, and pharmaceutical companies through its sales force. The company was formerly known as Bio Type, Inc. and changed its name to Response Genetics, Inc. in August 2000. Response Genetics, Inc. was founded in 1999 and is headquartered in Los Angeles, California.
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