LightPath Technologies (LPTH) vs. TearLab Corporation (TEAR) Critical Survey
LightPath Technologies (NASDAQ: LPTH) and TearLab Corporation (OTCMKTS:TEAR) are both small-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, analyst recommendations, institutional ownership, valuation, risk and profitability.
Insider & Institutional Ownership
32.7% of LightPath Technologies shares are held by institutional investors. Comparatively, 19.8% of TearLab Corporation shares are held by institutional investors. 12.7% of LightPath Technologies shares are held by company insiders. Comparatively, 12.0% of TearLab Corporation shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Earnings & Valuation
This table compares LightPath Technologies and TearLab Corporation’s gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||NetIncome||Earnings Per Share||Price/Earnings Ratio|
|LightPath Technologies||$28.37 million||2.17||$7.70 million||$0.31||8.10|
|TearLab Corporation||$28.01 million||0.15||-$19.92 million||($2.98)||-0.25|
LightPath Technologies has higher revenue and earnings than TearLab Corporation. TearLab Corporation is trading at a lower price-to-earnings ratio than LightPath Technologies, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk
LightPath Technologies has a beta of -0.49, suggesting that its share price is 149% less volatile than the S&P 500. Comparatively, TearLab Corporation has a beta of 2.92, suggesting that its share price is 192% more volatile than the S&P 500.
This is a breakdown of recent ratings and target prices for LightPath Technologies and TearLab Corporation, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
LightPath Technologies currently has a consensus price target of $2.80, indicating a potential upside of 11.55%. TearLab Corporation has a consensus price target of $5.75, indicating a potential upside of 666.67%. Given TearLab Corporation’s higher possible upside, analysts clearly believe TearLab Corporation is more favorable than LightPath Technologies.
This table compares LightPath Technologies and TearLab Corporation’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
LightPath Technologies beats TearLab Corporation on 9 of the 12 factors compared between the two stocks.
About LightPath Technologies
LightPath Technologies, Inc. is a manufacturer and integrator of families of precision molded aspheric optics, fiber-optic collimator, GRADIUM glass lenses and other optical materials used to produce products that manipulate light. The Company designs, develops, manufactures and distributes optical components and assemblies utilizing the optical processes and manufacturing technologies. The Company also performs research and development for optical solutions for the traditional optics markets and communications markets. The Company’s products are incorporated into a range of applications by its customers in various industries, including defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunications, machine vision and sensors.
About TearLab Corporation
TearLab Corporation is an in-vitro diagnostic company. The Company has commercialized a tear testing platform, the TearLab Osmolarity System, which enables eye care practitioners to test for sensitive and specific biomarkers using nanoliters of tear film at the point-of-care. The Company, through its subsidiary TearLab Research, Inc., develops technologies to enable eye care practitioners to test a range of biomarkers (chemistries, metabolites, genes and proteins) at the point-of-care. Its product, the TearLab Osmolarity System, enables the measurement of tear osmolarity in the doctor’s office. The TearLab Osmolarity System consists of approximately three components: the TearLab disposable, the TearLab Pen, and the TearLab Reader. The TearLab disposable is a single-use microfluidic microchip. The TearLab Pen is a hand-held device that interfaces with the TearLab disposable. The TearLab Reader is a small desktop unit that allows for the docking of the TearLab Pen.
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