Nano-X Imaging (NASDAQ:NNOX – Get Free Report) and Owlet (NYSE:OWLT – Get Free Report) are both small-cap healthcare companies, but which is the better investment? We will compare the two businesses based on the strength of their valuation, risk, earnings, profitability, analyst recommendations, institutional ownership and dividends.
Volatility & Risk
Nano-X Imaging has a beta of 1.26, indicating that its stock price is 26% more volatile than the S&P 500. Comparatively, Owlet has a beta of 1.9, indicating that its stock price is 90% more volatile than the S&P 500.
Valuation & Earnings
This table compares Nano-X Imaging and Owlet”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Nano-X Imaging | $13.02 million | 4.53 | -$75.02 million | ($1.58) | -0.47 |
| Owlet | $105.70 million | 1.38 | -$39.68 million | ($0.75) | -6.65 |
Owlet has higher revenue and earnings than Nano-X Imaging. Owlet is trading at a lower price-to-earnings ratio than Nano-X Imaging, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Nano-X Imaging and Owlet’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Nano-X Imaging | -716.44% | -70.96% | -62.26% |
| Owlet | -8.61% | -601.24% | -15.96% |
Analyst Ratings
This is a breakdown of recent recommendations and price targets for Nano-X Imaging and Owlet, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Nano-X Imaging | 1 | 2 | 2 | 1 | 2.50 |
| Owlet | 1 | 1 | 3 | 0 | 2.40 |
Nano-X Imaging presently has a consensus price target of $4.33, suggesting a potential upside of 477.78%. Owlet has a consensus price target of $15.00, suggesting a potential upside of 200.90%. Given Nano-X Imaging’s stronger consensus rating and higher probable upside, equities analysts plainly believe Nano-X Imaging is more favorable than Owlet.
Institutional and Insider Ownership
21.5% of Nano-X Imaging shares are owned by institutional investors. Comparatively, 72.6% of Owlet shares are owned by institutional investors. 7.7% of Nano-X Imaging shares are owned by insiders. Comparatively, 36.2% of Owlet shares are owned by 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.
Summary
Owlet beats Nano-X Imaging on 9 of the 15 factors compared between the two stocks.
About Nano-X Imaging
Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode. The company's solutions include Nanox Multi Source System comprising Nanox.ARC, a medical tomographic imaging system incorporating its digital X-ray source, and Nanox. CLOUD, a platform which employs a matching engine to match medical images to radiologists that provides image repository, connectivity to diagnostic assistive AI systems, billing, and reporting. It also offers Nanox.MARKETPLACE, which connects imaging facilities with radiologists and enables radiologists to provide, as well as customers to obtain remote interpretations of imaging data; artificial intelligence (AI)-based software imaging solutions to hospitals, health maintenance organizations, integrated delivery networks, pharmaceutical companies, and insurers that are designed to identify or predict undiagnosed or underdiagnosed medical conditions through the mining of data included in images of existing computed tomography scans for osteoporosis and cardiovascular disease; Teleradiology Services, which provide imaging interpretation services for radiology practices, hospitals, medical clinics, diagnostic imaging centers, urgent care facilities; and multi-specialty physician groups, contracts, and radiology readings. The company is headquartered in Petach Tikva, Israel.
About Owlet
Owlet, Inc. provides digital parenting solutions in the United States and internationally. The company's platform focuses on giving real-time data and insights to parents. It offers Dream Sock, a wearable infant health monitor equipped with pulse oximetry technology to track vitals signs, such as pulse rate, oxygen, activity, and sleep patterns; BabySat which is intended for infants with heightened health risk; Owlet Cam, a monitoring device in smartphones that offers video and audio, predictive sleep insights, and cry detections; and accessories, including Owlet Sleeper, as well as Duo and Dream Duo that combines Smart Sock with the Owlet Cam. The company was founded in 2012 and is headquartered in Lehi, Utah.
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