Spectral Medical (EDT) Competitors

C$0.50
+0.03 (+6.45%)
(As of 05/10/2024 ET)

EDT vs. SVA, ONC, HLS, MDNA, TH, CRDL, CPH, HTL, QIPT, and CWEB

Should you be buying Spectral Medical stock or one of its competitors? The main competitors of Spectral Medical include Sernova (SVA), Oncolytics Biotech (ONC), HLS Therapeutics (HLS), Medicenna Therapeutics (MDNA), Theratechnologies (TH), Cardiol Therapeutics (CRDL), Cipher Pharmaceuticals (CPH), Hamilton Thorne (HTL), Quipt Home Medical (QIPT), and Charlotte's Web (CWEB). These companies are all part of the "medical" sector.

Spectral Medical vs.

Spectral Medical (TSE:EDT) and Sernova (TSE:SVA) are both small-cap medical companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, earnings, institutional ownership, media sentiment, profitability, community ranking, dividends and analyst recommendations.

Spectral Medical has a beta of 0.91, meaning that its stock price is 9% less volatile than the S&P 500. Comparatively, Sernova has a beta of 1.48, meaning that its stock price is 48% more volatile than the S&P 500.

Spectral Medical has higher revenue and earnings than Sernova. Spectral Medical is trading at a lower price-to-earnings ratio than Sernova, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Spectral MedicalC$1.60M86.19-C$15.51M-C$0.06-8.25
SernovaN/AN/A-C$40.73M-C$0.13-2.85

In the previous week, Spectral Medical had 1 more articles in the media than Sernova. MarketBeat recorded 2 mentions for Spectral Medical and 1 mentions for Sernova. Spectral Medical's average media sentiment score of -0.42 beat Sernova's score of -0.92 indicating that Spectral Medical is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Spectral Medical
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Sernova
0 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Negative

Sernova has a consensus price target of C$1.50, indicating a potential upside of 305.41%. Given Sernova's higher probable upside, analysts plainly believe Sernova is more favorable than Spectral Medical.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Spectral Medical
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Sernova
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Sernova's return on equity of -183.58% beat Spectral Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Spectral MedicalN/A -973.97% -78.75%
Sernova N/A -183.58%-79.96%

Spectral Medical received 123 more outperform votes than Sernova when rated by MarketBeat users. However, 88.89% of users gave Sernova an outperform vote while only 65.17% of users gave Spectral Medical an outperform vote.

CompanyUnderperformOutperform
Spectral MedicalOutperform Votes
131
65.17%
Underperform Votes
70
34.83%
SernovaOutperform Votes
8
88.89%
Underperform Votes
1
11.11%

13.2% of Spectral Medical shares are held by institutional investors. Comparatively, 0.1% of Sernova shares are held by institutional investors. 20.5% of Spectral Medical shares are held by company insiders. Comparatively, 12.7% of Sernova shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Spectral Medical beats Sernova on 9 of the 14 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding EDT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

EDT vs. The Competition

MetricSpectral MedicalDiagnostics & Research IndustryMedical SectorTSE Exchange
Market CapC$137.90MC$29.90MC$5.11BC$5.43B
Dividend Yield1.45%5.44%38.09%5.55%
P/E Ratio-8.25619.73108.7521.47
Price / Sales86.191,653.792,415.511,782.86
Price / Cash82.5011.4248.6479.63
Price / Book-8.253.435.333.22
Net Income-C$15.51MC$31.80MC$106.52MC$293.15M
7 Day Performance15.12%6.73%-0.89%1.39%
1 Month Performance12.50%4.91%-1.39%0.93%
1 Year Performance90.38%-14.17%4.65%23.64%

Spectral Medical Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SVA
Sernova
0.7531 of 5 stars
C$0.42
-2.3%
C$1.50
+257.1%
-59.8%C$127.43MN/A-3.231,959Gap Down
ONC
Oncolytics Biotech
0.8688 of 5 stars
C$1.53
+2.0%
C$6.00
+292.2%
-27.4%C$115.39MN/A-3.7329News Coverage
HLS
HLS Therapeutics
0.0687 of 5 stars
C$4.65
flat
C$4.58
-1.6%
-12.9%C$148.43MC$63.07M-4.0191Analyst Forecast
News Coverage
MDNA
Medicenna Therapeutics
0 of 5 stars
C$2.32
+0.4%
N/A+144.6%C$161.57MN/A-10.0916News Coverage
Gap Down
TH
Theratechnologies
0.7869 of 5 stars
C$1.77
-1.1%
C$5.50
+210.7%
+31.7%C$81.39MC$81.76M-1.43103
CRDL
Cardiol Therapeutics
0 of 5 stars
C$2.78
+15.4%
N/A+248.8%C$181.01MN/A-6.47N/AUpcoming Earnings
News Coverage
Gap Up
High Trading Volume
CPH
Cipher Pharmaceuticals
0.7307 of 5 stars
C$8.59
+0.8%
C$8.00
-6.9%
+188.2%C$206.07MC$21.16M7.885News Coverage
HTL
Hamilton Thorne
0 of 5 stars
C$1.36
-1.4%
N/AN/AC$207.75MC$67.23M-136.00N/ANews Coverage
QIPT
Quipt Home Medical
0 of 5 stars
C$4.96
+0.6%
C$11.74
+136.7%
N/AC$208.82MC$235.72M-41.33N/AUpcoming Earnings
CWEB
Charlotte's Web
0 of 5 stars
C$0.33
+22.2%
N/A-45.2%C$51.80MC$63.16M-1.50164News Coverage
Gap Down
High Trading Volume

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This page (TSE:EDT) was last updated on 5/12/2024 by MarketBeat.com Staff

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