Head-To-Head Review: Nexalin Technology (NXL) and The Competition

Nexalin Technology (NASDAQ:NXL) is one of 76 public companies in the “Electromedical equipment” industry, but how does it contrast to its peers? We will compare Nexalin Technology to similar companies based on the strength of its earnings, risk, dividends, valuation, institutional ownership, profitability and analyst recommendations.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Nexalin Technology and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nexalin Technology	0	0	0	0	N/A
Nexalin Technology Competitors	250	768	2034	101	2.63

As a group, “Electromedical equipment” companies have a potential upside of 25.64%. Given Nexalin Technology’s peers higher possible upside, analysts plainly believe Nexalin Technology has less favorable growth aspects than its peers.

Risk & Volatility

Nexalin Technology has a beta of 5.13, suggesting that its stock price is 413% more volatile than the S&P 500. Comparatively, Nexalin Technology’s peers have a beta of 12.49, suggesting that their average stock price is 1,149% more volatile than the S&P 500.

Insider and Institutional Ownership

0.7% of Nexalin Technology shares are held by institutional investors. Comparatively, 45.1% of shares of all “Electromedical equipment” companies are held by institutional investors. 27.7% of Nexalin Technology shares are held by company insiders. Comparatively, 14.9% of shares of all “Electromedical equipment” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Nexalin Technology and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Nexalin Technology	$110,000.00	-$4.65 million	-2.48
Nexalin Technology Competitors	$987.79 million	$82.19 million	-7.41

Nexalin Technology’s peers have higher revenue and earnings than Nexalin Technology. Nexalin Technology is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Nexalin Technology and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nexalin Technology	-3,088.12%	-154.84%	-122.94%
Nexalin Technology Competitors	-152.14%	-47.47%	-5.34%

Summary

Nexalin Technology peers beat Nexalin Technology on 8 of the 10 factors compared.

Nexalin Technology Company Profile

Nexalin Technology, Inc., a medical device company, designs and develops neurostimulation products for the treatment of mental health in the United States and China. The company designs and develops Generation 2 and Generation 3, that is in clinical trials for the treatment of substance abuse issues related to opiate, cocaine, alcohol abuse, alzheimer's disease, and dementia. It also licenses and sells Nexalin Device, a non-invasive and undetectable to the human body that can provide relief to its afflicted with mental health issues. The company is based in Houston, Texas.