Obalon Therptcs (NASDAQ: OBLN) is one of 19 publicly-traded companies in the “Medical Devices & Implants” industry, but how does it contrast to its competitors? We will compare Obalon Therptcs to similar businesses based on the strength of its earnings, valuation, dividends, risk, institutional ownership, profitability and analyst recommendations.
Risk and Volatility
Obalon Therptcs has a beta of -4.31, meaning that its share price is 531% less volatile than the S&P 500. Comparatively, Obalon Therptcs’ competitors have a beta of 0.47, meaning that their average share price is 53% less volatile than the S&P 500.
44.1% of Obalon Therptcs shares are owned by institutional investors. Comparatively, 54.8% of shares of all “Medical Devices & Implants” companies are owned by institutional investors. 16.4% of Obalon Therptcs shares are owned by insiders. Comparatively, 10.3% of shares of all “Medical Devices & Implants” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Valuation and Earnings
This table compares Obalon Therptcs and its competitors revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Obalon Therptcs||$3.39 million||-$20.46 million||-3.89|
|Obalon Therptcs Competitors||$1.67 billion||$207.58 million||86.85|
Obalon Therptcs’ competitors have higher revenue and earnings than Obalon Therptcs. Obalon Therptcs is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This is a breakdown of recent ratings for Obalon Therptcs and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Obalon Therptcs Competitors||111||728||1026||10||2.50|
Obalon Therptcs currently has a consensus price target of $12.00, indicating a potential upside of 55.04%. As a group, “Medical Devices & Implants” companies have a potential upside of 36.51%. Given Obalon Therptcs’ higher probable upside, research analysts clearly believe Obalon Therptcs is more favorable than its competitors.
This table compares Obalon Therptcs and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Obalon Therptcs Competitors||-101.23%||-92.70%||-30.32%|
Obalon Therptcs competitors beat Obalon Therptcs on 8 of the 12 factors compared.
Obalon Therptcs Company Profile
Obalon Therapeutics, Inc. is a United States-based commercial-stage medical device company focused on developing and commercializing medical devices to treat obese and overweight people by facilitating weight loss. The Company’s product, Obalon balloon system, is a swallowable, gas-filled intragastric balloon designed to provide weight loss in obese patients. The Obalon balloon system is intended to be used as an adjunct to a moderate intensity diet and behavior modification program. All balloons must be removed six months after the first balloon is placed. The Obalon balloon system intends to provide patients and physicians with a reversible and repeatable weight loss solution in an outpatient setting, without altering patient anatomy or requiring surgery. The Company has received Premarket approval (PMA) for its Obalon balloon system based on the results of its United States pivotal clinical trial, referred to as the SMART trial.
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