Medtronic (NYSE:MDT – Get Free Report) and NeurAxis (NASDAQ:NRXS – Get Free Report) are both medical companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, analyst recommendations, profitability, institutional ownership, earnings, valuation and dividends.
Analyst Recommendations
This is a summary of current ratings and recommmendations for Medtronic and NeurAxis, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Medtronic | 1 | 8 | 6 | 1 | 2.44 |
NeurAxis | 0 | 0 | 0 | 0 | 0.00 |
Medtronic presently has a consensus target price of $95.36, suggesting a potential upside of 8.21%. Given Medtronic’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Medtronic is more favorable than NeurAxis.
Insider and Institutional Ownership
Risk and Volatility
Medtronic has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500. Comparatively, NeurAxis has a beta of 4.27, suggesting that its stock price is 327% more volatile than the S&P 500.
Valuation & Earnings
This table compares Medtronic and NeurAxis”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Medtronic | $32.36 billion | 3.49 | $3.68 billion | $2.96 | 29.77 |
NeurAxis | $2.27 million | 7.70 | -$14.63 million | ($2.94) | -0.87 |
Medtronic has higher revenue and earnings than NeurAxis. NeurAxis is trading at a lower price-to-earnings ratio than Medtronic, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Medtronic and NeurAxis’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Medtronic | 12.06% | 13.68% | 7.67% |
NeurAxis | -672.66% | N/A | -787.15% |
Summary
Medtronic beats NeurAxis on 12 of the 15 factors compared between the two stocks.
About Medtronic
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides aortic valves, surgical valve replacement and repair products, endovascular stent grafts and accessories, and transcatheter pulmonary valves; and percutaneous coronary intervention products, percutaneous angioplasty balloons, and products. The company's Medical Surgical Portfolio segment offers surgical stapling devices, vessel sealing instruments, wound closure, electrosurgery products, surgical artificial intelligence and robotic-assisted surgery products, hernia mechanical devices, mesh implants, gynecology and lung products, and various therapies to treat diseases, as well as products in the fields of minimally invasive gastrointestinal and hepatologic diagnostics and therapies, patient monitoring, airway management and ventilation therapies, and renal disease. Its Neuroscience Portfolio segment offers products for spinal surgeons; neurosurgeons; neurologists; pain management specialists; anesthesiologists; orthopedic surgeons; urologists; urogynecologists; interventional radiologists; ear, nose, and throat specialists; and systems that incorporate energy surgical instruments. It also provides image-guided surgery and intra-operative imaging systems and robotic guidance systems used in robot assisted spine procedures; and therapies for vasculature in and around the brain. The company's Diabetes Operating Unit segment offers insulin pumps and consumables, continuous glucose monitoring systems, smart insulin pen systems, and consumables and supplies. The company was founded in 1949 and is headquartered in Dublin, Ireland.
About NeurAxis
NeurAxis, Inc., a medical technology company, focuses on developing neuromodulation therapies to address chronic and debilitating conditions in children and adults in the United States. It offers IB-Stim, a percutaneous electrical nerve field stimulation system intended to be used in patients 11-18 years of age with functional abdominal pain associated with irritable bowel syndrome. The company sells its products to healthcare companies, including hospitals and clinics. The company was formerly known as Innovative Health Solutions, Inc. and changed its name to NeurAxis, Inc. in March 2022. The company was founded in 2011 and is headquartered in Carmel, Indiana.
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