Nexalin Technology (NASDAQ:NXL – Get Free Report) is one of 76 publicly-traded companies in the “Electromedical equipment” industry, but how does it contrast to its competitors? We will compare Nexalin Technology to related companies based on the strength of its analyst recommendations, profitability, risk, institutional ownership, valuation, earnings and dividends.
Institutional & Insider Ownership
0.6% of Nexalin Technology shares are owned by institutional investors. Comparatively, 45.1% of shares of all “Electromedical equipment” companies are owned by institutional investors. 27.7% of Nexalin Technology shares are owned by company insiders. Comparatively, 14.9% of shares of all “Electromedical equipment” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Analyst Recommendations
This is a breakdown of current recommendations and price targets for Nexalin Technology and its competitors, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Nexalin Technology | 0 | 0 | 0 | 0 | N/A |
Nexalin Technology Competitors | 251 | 768 | 2035 | 101 | 2.63 |
Risk & Volatility
Nexalin Technology has a beta of 5.13, indicating that its share price is 413% more volatile than the S&P 500. Comparatively, Nexalin Technology’s competitors have a beta of 12.49, indicating that their average share price is 1,149% more volatile than the S&P 500.
Valuation and Earnings
This table compares Nexalin Technology and its competitors gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Nexalin Technology | $158,859.00 | -$4.65 million | -3.50 |
Nexalin Technology Competitors | $985.03 million | $82.19 million | -7.58 |
Nexalin Technology’s competitors have higher revenue and earnings than Nexalin Technology. Nexalin Technology 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.
Profitability
This table compares Nexalin Technology and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Nexalin Technology | -3,088.12% | -154.84% | -122.94% |
Nexalin Technology Competitors | -152.14% | -47.47% | -5.34% |
Summary
Nexalin Technology competitors beat Nexalin Technology on 8 of the 10 factors compared.
Nexalin Technology Company Profile
Nexalin Technology, Inc., a medical device company, designs and develops neurostimulation products for the treatment of mental health in the United States and China. The company designs and develops Generation 2 and Generation 3, that is in clinical trials for the treatment of substance abuse issues related to opiate, cocaine, alcohol abuse, alzheimer's disease, and dementia. It also licenses and sells Nexalin Device, a non-invasive and undetectable to the human body that can provide relief to its afflicted with mental health issues. The company is based in Houston, Texas.
Receive News & Ratings for Nexalin Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nexalin Technology and related companies with MarketBeat.com's FREE daily email newsletter.