Apyx Medical (NASDAQ:APYX – Get Free Report) and Inspire Medical Systems (NYSE:INSP – Get Free Report) are both medical companies, but which is the better business? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, analyst recommendations, risk, earnings and profitability.
Volatility & Risk
Apyx Medical has a beta of 1.21, suggesting that its share price is 21% more volatile than the S&P 500. Comparatively, Inspire Medical Systems has a beta of 1.36, suggesting that its share price is 36% more volatile than the S&P 500.
Analyst Recommendations
This is a summary of recent ratings and price targets for Apyx Medical and Inspire Medical Systems, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Apyx Medical | 0 | 2 | 0 | 1 | 2.67 |
Inspire Medical Systems | 0 | 4 | 8 | 0 | 2.67 |
Earnings & Valuation
This table compares Apyx Medical and Inspire Medical Systems”s top-line revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Apyx Medical | $52.35 million | 0.98 | -$18.71 million | ($0.83) | -1.78 |
Inspire Medical Systems | $624.80 million | 9.69 | -$21.15 million | $1.07 | 188.82 |
Apyx Medical has higher earnings, but lower revenue than Inspire Medical Systems. Apyx Medical is trading at a lower price-to-earnings ratio than Inspire Medical Systems, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Apyx Medical and Inspire Medical Systems’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Apyx Medical | -57.86% | -105.45% | -36.80% |
Inspire Medical Systems | 4.37% | 5.30% | 4.58% |
Insider & Institutional Ownership
55.3% of Apyx Medical shares are held by institutional investors. Comparatively, 94.9% of Inspire Medical Systems shares are held by institutional investors. 16.8% of Apyx Medical 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 will outperform the market over the long term.
Summary
Inspire Medical Systems beats Apyx Medical on 11 of the 14 factors compared between the two stocks.
About Apyx Medical
Apyx Medical Corporation, an energy technology company, engages in the design, development, and manufacture of medical devices in the United States and internationally. The company operates through two segments: Advanced Energy and Original Equipment Manufacturing (OEM). It offers Helium Plasma Generator for delivery of RF energy and helium plasma to cut, coagulate, and ablate soft tissue during open and minimally invasive surgical procedures. The company's Helium Plasma Technology products are marketed and sold under the Renuvion name in the cosmetic surgery market and under the J-Plasma name in the hospital surgical market. It also develops and manufactures various hand pieces for open and laparoscopic procedures; and OEM generators, as well as related accessories. The company was formerly known as Bovie Medical Corporation and changed its name to Apyx Medical Corporation in January 2019. Apyx Medical Corporation was incorporated in 1982 and is based in Clearwater, Florida.
About Inspire Medical Systems
Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally. The company offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe OSA. It also develops a novel, closed-loop solution that continuously monitors a patient's breathing and delivers mild hypoglossal nerve stimulation to maintain an open airway. The company was incorporated in 2007 and is headquartered in Golden Valley, Minnesota.
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