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Health Sciences Acquisitions Co. 2 (HSAQ) Competitors

$6.93
+0.26 (+3.90%)
(As of 05/31/2024 ET)

HSAQ vs. TCMD, LUNG, SKIN, INO, OBIO, ANGO, UTMD, RCEL, TLSI, and DCTH

Should you be buying Health Sciences Acquisitions Co. 2 stock or one of its competitors? The main competitors of Health Sciences Acquisitions Co. 2 include Tactile Systems Technology (TCMD), Pulmonx (LUNG), Beauty Health (SKIN), Inovio Pharmaceuticals (INO), Orchestra BioMed (OBIO), AngioDynamics (ANGO), Utah Medical Products (UTMD), AVITA Medical (RCEL), TriSalus Life Sciences (TLSI), and Delcath Systems (DCTH). These companies are all part of the "surgical & medical instruments" industry.

Health Sciences Acquisitions Co. 2 vs.

Health Sciences Acquisitions Co. 2 (NASDAQ:HSAQ) and Tactile Systems Technology (NASDAQ:TCMD) are both small-cap medical companies, but which is the superior stock? We will contrast the two businesses based on the strength of their community ranking, earnings, profitability, media sentiment, valuation, risk, dividends, analyst recommendations and institutional ownership.

Health Sciences Acquisitions Co. 2 has a beta of 0.09, indicating that its share price is 91% less volatile than the S&P 500. Comparatively, Tactile Systems Technology has a beta of 1.23, indicating that its share price is 23% more volatile than the S&P 500.

Tactile Systems Technology has a consensus target price of $30.00, suggesting a potential upside of 135.66%. Given Tactile Systems Technology's higher possible upside, analysts clearly believe Tactile Systems Technology is more favorable than Health Sciences Acquisitions Co. 2.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Health Sciences Acquisitions Co. 2
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Tactile Systems Technology
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Tactile Systems Technology received 361 more outperform votes than Health Sciences Acquisitions Co. 2 when rated by MarketBeat users.

CompanyUnderperformOutperform
Health Sciences Acquisitions Co. 2N/AN/A
Tactile Systems TechnologyOutperform Votes
361
69.56%
Underperform Votes
158
30.44%

89.7% of Health Sciences Acquisitions Co. 2 shares are owned by institutional investors. Comparatively, 83.4% of Tactile Systems Technology shares are owned by institutional investors. 21.9% of Health Sciences Acquisitions Co. 2 shares are owned by company insiders. Comparatively, 1.0% of Tactile Systems Technology shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Tactile Systems Technology has higher revenue and earnings than Health Sciences Acquisitions Co. 2.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Health Sciences Acquisitions Co. 2N/AN/A-$380KN/AN/A
Tactile Systems Technology$274.42M1.10$28.51M$1.2010.61

In the previous week, Tactile Systems Technology had 2 more articles in the media than Health Sciences Acquisitions Co. 2. MarketBeat recorded 2 mentions for Tactile Systems Technology and 0 mentions for Health Sciences Acquisitions Co. 2. Tactile Systems Technology's average media sentiment score of 1.10 beat Health Sciences Acquisitions Co. 2's score of 0.00 indicating that Tactile Systems Technology is being referred to more favorably in the news media.

Company Overall Sentiment
Health Sciences Acquisitions Co. 2 Neutral
Tactile Systems Technology Positive

Tactile Systems Technology has a net margin of 10.19% compared to Health Sciences Acquisitions Co. 2's net margin of 0.00%. Tactile Systems Technology's return on equity of 15.88% beat Health Sciences Acquisitions Co. 2's return on equity.

Company Net Margins Return on Equity Return on Assets
Health Sciences Acquisitions Co. 2N/A N/A -2.38%
Tactile Systems Technology 10.19%15.88%10.33%

Summary

Tactile Systems Technology beats Health Sciences Acquisitions Co. 2 on 11 of the 13 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding HSAQ and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ 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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HSAQ vs. The Competition

MetricHealth Sciences Acquisitions Co. 2Surgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$77.70M$3.86B$5.11B$7.97B
Dividend YieldN/A1.82%2.75%4.00%
P/E RatioN/A9.64117.2714.93
Price / SalesN/A71.062,424.4291.17
Price / CashN/A48.1735.0431.51
Price / Book-11.185.075.524.59
Net Income-$380,000.00$4.50M$105.88M$213.90M
7 Day Performance30.75%1.27%1.13%0.87%
1 Month Performance57.50%0.10%1.42%3.60%
1 Year Performance-57.59%-17.03%4.04%7.91%

Health Sciences Acquisitions Co. 2 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TCMD
Tactile Systems Technology
3.3899 of 5 stars
$12.83
+1.2%
$30.00
+133.8%
-39.4%$304.87M$276.67M10.69992Positive News
LUNG
Pulmonx
2.5902 of 5 stars
$7.53
-6.0%
$16.33
+116.9%
-39.6%$292.32M$68.68M-4.89279Positive News
SKIN
Beauty Health
2.6673 of 5 stars
$2.26
-8.9%
$6.29
+178.1%
-72.5%$279.40M$398M-3.23881Gap Down
INO
Inovio Pharmaceuticals
3.4023 of 5 stars
$10.04
-3.4%
$70.67
+603.9%
-88.2%$260.14M$830,000.000.00122Short Interest ↑
OBIO
Orchestra BioMed
1.4805 of 5 stars
$7.00
+0.4%
$17.00
+142.9%
-53.8%$250.53M$2.76M-4.7356Positive News
High Trading Volume
ANGO
AngioDynamics
4.5462 of 5 stars
$6.13
-1.8%
$13.25
+116.2%
-33.3%$245.57M$338.75M-1.27815Short Interest ↓
Analyst Revision
News Coverage
Gap Up
UTMD
Utah Medical Products
3.3712 of 5 stars
$68.00
-1.2%
N/A-27.0%$239.90M$49.04M15.11169Positive News
RCEL
AVITA Medical
1.2009 of 5 stars
$8.81
+2.1%
$24.60
+179.2%
-15.8%$222.65M$50.70M-5.01207Gap Up
TLSI
TriSalus Life Sciences
2.7258 of 5 stars
$7.50
-5.1%
$16.00
+113.3%
N/A$203.70M$18.51M0.00112Analyst Forecast
News Coverage
Positive News
Gap Up
DCTH
Delcath Systems
3.1398 of 5 stars
$7.15
-2.7%
$20.20
+182.5%
-11.4%$198.70M$2.07M-2.7076Positive News

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This page (NASDAQ:HSAQ) was last updated on 6/1/2024 by MarketBeat.com Staff

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