Critical Comparison: Avanos Medical (AVNS) and Its Competitors
Avanos Medical (NYSE: AVNS) is one of 28 publicly-traded companies in the “Surgical appliances & supplies” industry, but how does it weigh in compared to its rivals? We will compare Avanos Medical to related companies based on the strength of its profitability, dividends, risk, valuation, earnings, analyst recommendations and institutional ownership.
This is a breakdown of recent ratings for Avanos Medical and its rivals, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Avanos Medical Competitors||148||782||1386||71||2.58|
Volatility & Risk
Avanos Medical has a beta of 1.6, meaning that its share price is 60% more volatile than the S&P 500. Comparatively, Avanos Medical’s rivals have a beta of 0.87, meaning that their average share price is 13% less volatile than the S&P 500.
Earnings and Valuation
This table compares Avanos Medical and its rivals top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Avanos Medical||$611.60 million||$79.30 million||28.11|
|Avanos Medical Competitors||$1.31 billion||$198.48 million||26.50|
Avanos Medical’s rivals have higher revenue and earnings than Avanos Medical. Avanos Medical is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
This table compares Avanos Medical and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Avanos Medical Competitors||-142.92%||-71.42%||-15.20%|
Insider & Institutional Ownership
90.7% of Avanos Medical shares are owned by institutional investors. Comparatively, 57.1% of shares of all “Surgical appliances & supplies” companies are owned by institutional investors. 1.4% of Avanos Medical shares are owned by insiders. Comparatively, 9.9% of shares of all “Surgical appliances & supplies” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Avanos Medical beats its rivals on 7 of the 13 factors compared.
About Avanos Medical
Avanos Medical, Inc. operates as a medical technology company that focuses on eliminating pain, speeding recovery, and preventing infection for healthcare providers and patients worldwide. Its Medical Devices segment provides a portfolio of products that focuses on respiratory and digestive health, along with surgical and interventional pain management. Its products include post-operative pain management solutions, minimally invasive interventional pain therapies, closed airway suction systems, and enteral feeding tubes. This segment sells its products under the ON-Q, COOLIEF, MICROCUFF, MIC-KEY, HOMEPUMP, CORTRAK, and other brand names. The company markets its products directly to hospitals and other healthcare providers, as well as through third-party distribution channels. The company was formerly known as Halyard Health, Inc. and changed its name to Avanos Medical, Inc. in June 2018. Avanos Medical, Inc. was incorporated in 2014 and is headquartered in Alpharetta, Georgia.
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