HAE vs. MMSI, ICUI, IRTC, AXNX, PRCT, IART, TNDM, NARI, ATEC, and GMED
Should you be buying Haemonetics stock or one of its competitors? The main competitors of Haemonetics include Merit Medical Systems (MMSI), ICU Medical (ICUI), iRhythm Technologies (IRTC), Axonics (AXNX), PROCEPT BioRobotics (PRCT), Integra LifeSciences (IART), Tandem Diabetes Care (TNDM), Inari Medical (NARI), Alphatec (ATEC), and Globus Medical (GMED). These companies are all part of the "surgical & medical instruments" industry.
Haemonetics (NYSE:HAE) and Merit Medical Systems (NASDAQ:MMSI) are both mid-cap medical companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, earnings, community ranking, valuation, risk, media sentiment and analyst recommendations.
Haemonetics currently has a consensus target price of $104.67, indicating a potential upside of 15.03%. Merit Medical Systems has a consensus target price of $93.78, indicating a potential upside of 27.10%. Given Merit Medical Systems' stronger consensus rating and higher probable upside, analysts plainly believe Merit Medical Systems is more favorable than Haemonetics.
Haemonetics has higher revenue and earnings than Merit Medical Systems. Haemonetics is trading at a lower price-to-earnings ratio than Merit Medical Systems, indicating that it is currently the more affordable of the two stocks.
In the previous week, Merit Medical Systems had 2 more articles in the media than Haemonetics. MarketBeat recorded 8 mentions for Merit Medical Systems and 6 mentions for Haemonetics. Merit Medical Systems' average media sentiment score of 1.08 beat Haemonetics' score of 0.88 indicating that Merit Medical Systems is being referred to more favorably in the news media.
99.7% of Haemonetics shares are owned by institutional investors. Comparatively, 99.7% of Merit Medical Systems shares are owned by institutional investors. 1.8% of Haemonetics shares are owned by insiders. Comparatively, 3.7% of Merit Medical Systems shares are owned by 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.
Merit Medical Systems received 26 more outperform votes than Haemonetics when rated by MarketBeat users. Likewise, 68.63% of users gave Merit Medical Systems an outperform vote while only 60.86% of users gave Haemonetics an outperform vote.
Haemonetics has a beta of 0.36, meaning that its share price is 64% less volatile than the S&P 500. Comparatively, Merit Medical Systems has a beta of 0.89, meaning that its share price is 11% less volatile than the S&P 500.
Haemonetics has a net margin of 9.97% compared to Merit Medical Systems' net margin of 7.51%. Haemonetics' return on equity of 22.37% beat Merit Medical Systems' return on equity.
Summary
Merit Medical Systems beats Haemonetics on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding HAE 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 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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