TNON vs. IONM, AEMD, GMVDF, QNRX, AFIB, STSS, INVO, DYNT, RSLS, and VERO
Should you be buying Tenon Medical stock or one of its competitors? The main competitors of Tenon Medical include Assure (IONM), Aethlon Medical (AEMD), G Medical Innovations (GMVDF), Quoin Pharmaceuticals (QNRX), Acutus Medical (AFIB), Sharps Technology (STSS), INVO Bioscience (INVO), Dynatronics (DYNT), ReShape Lifesciences (RSLS), and Venus Concept (VERO). These companies are all part of the "surgical & medical instruments" industry.
Assure (NASDAQ:IONM) and Tenon Medical (NASDAQ:TNON) are both small-cap medical companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, media sentiment, analyst recommendations, community ranking, valuation, risk and institutional ownership.
Assure has a beta of 1.87, suggesting that its share price is 87% more volatile than the S&P 500. Comparatively, Tenon Medical has a beta of 2.21, suggesting that its share price is 121% more volatile than the S&P 500.
Tenon Medical has higher revenue and earnings than Assure.
Assure has a net margin of 0.00% compared to Assure's net margin of -445.77%. Assure's return on equity of -1,023.84% beat Tenon Medical's return on equity.
3.3% of Assure shares are held by institutional investors. Comparatively, 22.7% of Tenon Medical shares are held by institutional investors. 3.8% of Assure shares are held by company insiders. Comparatively, 8.4% of Tenon Medical shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Assure and Tenon Medical both received 3 outperform votes by MarketBeat users. However, 100.00% of users gave Tenon Medical an outperform vote while only 27.27% of users gave Assure an outperform vote.
In the previous week, Assure and Assure both had 8 articles in the media. Tenon Medical's average media sentiment score of 0.66 beat Assure's score of 0.36 indicating that Assure is being referred to more favorably in the media.
Assure currently has a consensus price target of $4.00, suggesting a potential upside of 836.77%. Tenon Medical has a consensus price target of $3.00, suggesting a potential upside of 251.49%. Given Tenon Medical's higher probable upside, analysts plainly believe Assure is more favorable than Tenon Medical.
Summary
Tenon Medical beats Assure on 8 of the 13 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TNON and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ 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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