Akorn (OTCMKTS: ELGXQ) is one of 143 public companies in the “Surgical & medical instruments” industry, but how does it weigh in compared to its competitors? We will compare Akorn to similar companies based on the strength of its institutional ownership, dividends, risk, profitability, analyst recommendations, valuation and earnings.
This is a breakdown of current recommendations and price targets for Akorn and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
As a group, “Surgical & medical instruments” companies have a potential upside of 11.42%. Given Akorn’s competitors higher probable upside, analysts plainly believe Akorn has less favorable growth aspects than its competitors.
This table compares Akorn and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Valuation & Earnings
This table compares Akorn and its competitors top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Akorn||$143.37 million||-$64.76 million||-0.02|
|Akorn Competitors||$1.35 billion||$138.57 million||-5.93|
Akorn’s competitors have higher revenue and earnings than Akorn. Akorn is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Volatility & Risk
Akorn has a beta of 0.35, suggesting that its stock price is 65% less volatile than the S&P 500. Comparatively, Akorn’s competitors have a beta of 1.08, suggesting that their average stock price is 8% more volatile than the S&P 500.
Institutional & Insider Ownership
48.3% of Akorn shares are owned by institutional investors. Comparatively, 46.1% of shares of all “Surgical & medical instruments” companies are owned by institutional investors. 1.3% of Akorn shares are owned by company insiders. Comparatively, 15.0% of shares of all “Surgical & medical instruments” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Akorn competitors beat Akorn on 7 of the 10 factors compared.
Akorn Company Profile
Endologix, Inc. develops, manufactures, markets, and sells medical devices for the treatment of abdominal aortic aneurysms in the United States and internationally. The company offers minimally-invasive endovascular aneurysm repair (EVAR), including AFX (Anatomical Fixation) endovascular AAA system, which is a minimally invasive delivery system; VELA Proximal Endograft, which is designed for the treatment of proximal aortic neck anatomies with AFX; and the Ovation abdominal stent graft system. It also provides endovascular aneurysm sealing system (EVAS) product that is based on the Nellix EVAS system to seal the aneurysm, and provides blood flow to the legs through two blood lumens. In addition, the company offers proximal aortic extensions and limb extensions, which allow physicians to customize the implant to fit the patient's anatomy; and accessories to facilitate the delivery of its EVAR and EVAS products, including compatible guidewires, inflation devices, and snares. It sells its products through direct sales force, and a network of third party distributors and agents. The company was formerly known as Radiance Medical Systems, Inc. and changed its name to Endologix, Inc. in May 2002. Endologix, Inc. was founded in 1992 and is headquartered in Irvine, California. On July 5, 2020, Endologix, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Northern District of Texas. It is in joint administration with TriVascular Sales LLC.
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