Critical Comparison: LogicMark (NASDAQ:LGMK) and Invacare (NYSE:IVC)

Invacare (NYSE:IVCGet Rating) and LogicMark (NASDAQ:LGMKGet Rating) are both small-cap medical companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, institutional ownership, earnings, dividends, valuation, profitability and analyst recommendations.

Valuation and Earnings

This table compares Invacare and LogicMark’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Invacare $872.46 million 0.02 -$45.56 million ($2.18) -0.18
LogicMark $10.02 million 0.64 -$11.71 million N/A N/A

LogicMark has lower revenue, but higher earnings than Invacare.

Profitability

This table compares Invacare and LogicMark’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Invacare -9.99% -37.76% -7.18%
LogicMark -88.42% -43.92% -37.13%

Risk & Volatility

Invacare has a beta of 0.49, meaning that its stock price is 51% less volatile than the S&P 500. Comparatively, LogicMark has a beta of 1.92, meaning that its stock price is 92% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent recommendations for Invacare and LogicMark, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Invacare 0 0 0 0 N/A
LogicMark 0 0 0 0 N/A

Invacare currently has a consensus target price of $2.00, suggesting a potential upside of 412.82%. Given Invacare’s higher possible upside, equities analysts plainly believe Invacare is more favorable than LogicMark.

Insider and Institutional Ownership

69.5% of Invacare shares are held by institutional investors. Comparatively, 9.6% of LogicMark shares are held by institutional investors. 6.9% of Invacare shares are held by company insiders. Comparatively, 8.5% of LogicMark 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

Invacare beats LogicMark on 6 of the 10 factors compared between the two stocks.

About Invacare

(Get Rating)

Invacare Corporation, together with its subsidiaries, designs, manufactures, distributes, and exports medical equipment for use in home health care, retail, and extended care markets worldwide. The company offers mobility and seating products, such as power wheelchairs under the Invacare TDX brand; custom manual wheelchairs under the Invacare, Invacare Top End, and K├╝schall brand names; and seating and positioning products under the Invacare brand, as well as custom molded seat modules under the PinDot brand. It also provides lifestyle products, including pressure relieving overlays and mattress systems under the Invacare Softform and microAIR brands; safe patient handling products under the Birdie, Evo, and ISA brands; residential and institutional care beds and bed accessories, and manual wheelchairs under the Invacare brand name; and personal care products. In addition, the company offers respiratory therapy products comprising stationary oxygen concentrators under the Platinum and Perfecto2 brands; portable oxygen concentrators under the Platinum brand; and Invacare HomeFill oxygen systems. Further, it provides repair, equipment rentals, and external contracting services, as well as distributes heart rate monitors, thermometers, and nebulizers; and portable ramps. The company sells its products primarily to home medical equipment providers through retail and e-commerce channels, as well as to residential care operators, dealers, and government health service customers through its sales force, independent manufacturers' representatives, and distributors. Invacare Corporation was founded in 1885 and is headquartered in Elyria, Ohio.

About LogicMark

(Get Rating)

LogicMark, Inc. offers personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. The company, through its subsidiary, LogicMark LLC, manufactures and distributes non-monitored and monitored personal emergency response systems sold through healthcare durable medical equipment and monitored security dealers/distributors, and the United States Department of Veterans Affairs. The company was formerly known as Nxt-ID, Inc. and changed its name to LogicMark, Inc. in March 2022. LogicMark, Inc. was founded in 2006 and is based in Louisville, Kentucky.

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