Health Sciences Acquisitions Co. 2 (NASDAQ:HSAQ – Get Free Report) and Tenon Medical (NASDAQ:TNON – Get Free Report) are both small-cap medical companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, risk, earnings, dividends and valuation.
Volatility and Risk
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, Tenon Medical has a beta of 2.15, indicating that its share price is 115% more volatile than the S&P 500.
Analyst Recommendations
This is a breakdown of recent ratings and target prices for Health Sciences Acquisitions Co. 2 and Tenon Medical, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Health Sciences Acquisitions Co. 2 | 0 | 0 | 0 | 0 | N/A |
| Tenon Medical | 0 | 0 | 1 | 0 | 3.00 |
Valuation & Earnings
This table compares Health Sciences Acquisitions Co. 2 and Tenon Medical”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Health Sciences Acquisitions Co. 2 | N/A | N/A | -$380,000.00 | N/A | N/A |
| Tenon Medical | $2.93 million | 0.65 | -$15.58 million | ($35.28) | -0.11 |
Health Sciences Acquisitions Co. 2 has higher earnings, but lower revenue than Tenon Medical.
Profitability
This table compares Health Sciences Acquisitions Co. 2 and Tenon Medical’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Health Sciences Acquisitions Co. 2 | N/A | N/A | -2.38% |
| Tenon Medical | -411.27% | -4,819.46% | -200.34% |
Insider and Institutional Ownership
89.7% of Health Sciences Acquisitions Co. 2 shares are owned by institutional investors. Comparatively, 22.7% of Tenon Medical shares are owned by institutional investors. 21.9% of Health Sciences Acquisitions Co. 2 shares are owned by insiders. Comparatively, 4.7% of Tenon Medical shares are owned by 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.
Summary
Health Sciences Acquisitions Co. 2 beats Tenon Medical on 6 of the 10 factors compared between the two stocks.
About Health Sciences Acquisitions Co. 2
Health Sciences Acquisitions Corporation 2 does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or related business combination with one or more businesses in the biopharma and medical technology sectors in North America or Europe. Health Sciences Acquisitions Corporation 2 was incorporated in 2020 and is based in New York, New York.
About Tenon Medical
Tenon Medical, Inc., a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as transfixes the SI joints. Tenon Medical, Inc. was incorporated in 2012 and is headquartered in Los Gatos, California.
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