INSP vs. MMSI, HAE, GKOS, AXNX, PRCT, STVN, IRTC, TNDM, NARI, and ICUI
Should you be buying Inspire Medical Systems stock or one of its competitors? The main competitors of Inspire Medical Systems include Merit Medical Systems (MMSI), Haemonetics (HAE), Glaukos (GKOS), Axonics (AXNX), PROCEPT BioRobotics (PRCT), Stevanato Group (STVN), iRhythm Technologies (IRTC), Tandem Diabetes Care (TNDM), Inari Medical (NARI), and ICU Medical (ICUI). These companies are all part of the "surgical & medical instruments" industry.
Merit Medical Systems (NASDAQ:MMSI) and Inspire Medical Systems (NYSE:INSP) are both mid-cap medical companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, risk, media sentiment, valuation, earnings, institutional ownership, analyst recommendations, dividends and community ranking.
Merit Medical Systems has a net margin of 7.94% compared to Merit Medical Systems' net margin of -2.38%. Inspire Medical Systems' return on equity of 15.02% beat Merit Medical Systems' return on equity.
99.7% of Merit Medical Systems shares are held by institutional investors. Comparatively, 94.9% of Inspire Medical Systems shares are held by institutional investors. 3.7% of Merit Medical Systems shares are held by insiders. Comparatively, 4.1% of Inspire Medical Systems shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Merit Medical Systems currently has a consensus price target of $92.78, indicating a potential upside of 13.30%. Inspire Medical Systems has a consensus price target of $256.53, indicating a potential upside of 65.27%. Given Merit Medical Systems' higher probable upside, analysts plainly believe Inspire Medical Systems is more favorable than Merit Medical Systems.
In the previous week, Merit Medical Systems had 4 more articles in the media than Inspire Medical Systems. MarketBeat recorded 8 mentions for Merit Medical Systems and 4 mentions for Inspire Medical Systems. Merit Medical Systems' average media sentiment score of 1.25 beat Inspire Medical Systems' score of 1.01 indicating that Inspire Medical Systems is being referred to more favorably in the news media.
Merit Medical Systems has higher revenue and earnings than Inspire Medical Systems. Inspire Medical Systems 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.
Merit Medical Systems has a beta of 0.91, meaning that its share price is 9% less volatile than the S&P 500. Comparatively, Inspire Medical Systems has a beta of 1.35, meaning that its share price is 35% more volatile than the S&P 500.
Merit Medical Systems received 235 more outperform votes than Inspire Medical Systems when rated by MarketBeat users. Likewise, 68.90% of users gave Merit Medical Systems an outperform vote while only 61.03% of users gave Inspire Medical Systems an outperform vote.
Summary
Merit Medical Systems beats Inspire Medical Systems on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding INSP 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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