PODD vs. ABMD, PEN, IRTC, IDXX, RMD, STE, BAX, HOLX, TFX, and GMED
Should you be buying Insulet stock or one of its competitors? The main competitors of Insulet include Abiomed (ABMD), Penumbra (PEN), iRhythm Technologies (IRTC), IDEXX Laboratories (IDXX), ResMed (RMD), STERIS (STE), Baxter International (BAX), Hologic (HOLX), Teleflex (TFX), and Globus Medical (GMED). These companies are all part of the "medical" sector.
Insulet (NASDAQ:PODD) and Abiomed (NASDAQ:ABMD) are both large-cap medical companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, community ranking, analyst recommendations, profitability, media sentiment, valuation, institutional ownership, earnings and dividends.
Abiomed has a net margin of 24.84% compared to Insulet's net margin of 13.14%. Insulet's return on equity of 34.06% beat Abiomed's return on equity.
Insulet has higher revenue and earnings than Abiomed. Insulet is trading at a lower price-to-earnings ratio than Abiomed, indicating that it is currently the more affordable of the two stocks.
Insulet has a beta of 1, indicating that its share price has a similar volatility profile to the S&P 500.Comparatively, Abiomed has a beta of 1.4, indicating that its share price is 40% more volatile than the S&P 500.
Insulet received 178 more outperform votes than Abiomed when rated by MarketBeat users. Likewise, 66.08% of users gave Insulet an outperform vote while only 61.99% of users gave Abiomed an outperform vote.
Insulet currently has a consensus target price of $239.18, indicating a potential upside of 34.98%. Given Insulet's higher possible upside, equities analysts clearly believe Insulet is more favorable than Abiomed.
In the previous week, Insulet had 14 more articles in the media than Abiomed. MarketBeat recorded 14 mentions for Insulet and 0 mentions for Abiomed. Insulet's average media sentiment score of 1.03 beat Abiomed's score of 0.44 indicating that Insulet is being referred to more favorably in the media.
94.5% of Abiomed shares are owned by institutional investors. 0.5% of Insulet shares are owned by company insiders. Comparatively, 2.5% of Abiomed shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Summary
Insulet beats Abiomed on 9 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PODD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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