SurModics (SRDX) and Bio-Rad Laboratories (BIO) Financial Analysis
Bio-Rad Laboratories (NYSE: BIO) and SurModics (NASDAQ:SRDX) are both medical companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, profitability, dividends, earnings and analyst recommendations.
Valuation and Earnings
This table compares Bio-Rad Laboratories and SurModics’ gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Bio-Rad Laboratories||$2.07 billion||3.58||$28.12 million||$0.79||315.25|
|SurModics||$73.11 million||4.94||$3.92 million||$0.29||95.00|
This is a breakdown of recent ratings and price targets for Bio-Rad Laboratories and SurModics, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Bio-Rad Laboratories currently has a consensus price target of $273.33, suggesting a potential upside of 9.75%. SurModics has a consensus price target of $40.00, suggesting a potential upside of 45.19%. Given SurModics’ higher probable upside, analysts clearly believe SurModics is more favorable than Bio-Rad Laboratories.
This table compares Bio-Rad Laboratories and SurModics’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Insider and Institutional Ownership
63.9% of Bio-Rad Laboratories shares are owned by institutional investors. Comparatively, 85.6% of SurModics shares are owned by institutional investors. 28.3% of Bio-Rad Laboratories shares are owned by insiders. Comparatively, 6.4% of SurModics shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Risk & Volatility
Bio-Rad Laboratories has a beta of 0.97, indicating that its share price is 3% less volatile than the S&P 500. Comparatively, SurModics has a beta of 0.85, indicating that its share price is 15% less volatile than the S&P 500.
Bio-Rad Laboratories beats SurModics on 7 of the 13 factors compared between the two stocks.
Bio-Rad Laboratories Company Profile
Bio-Rad Laboratories, Inc. (Bio-Rad) is a manufacturer and distributor of its life science research and clinical diagnostics products. The Company operates through two segments: Life Science and Clinical Diagnostics. It manufactures and supplies the life science research, healthcare, analytical chemistry and other markets with a range of products and systems used to separate complex chemical and biological materials and to identify, analyze and purify their components. The Life Science segment develops, manufactures, sells and services reagents, apparatus and instruments used for biological research. The Clinical Diagnostics segment develops, manufactures, sells and services automated test systems, informatics systems, test kits and specialized quality controls for the healthcare market. As of December 31, 2016, Bio-Rad sold more than 8,000 products and services to a client base, including scientific research, healthcare, education and government customers around the world.
SurModics Company Profile
Surmodics, Inc. is a provider of medical device and in vitro diagnostic technologies to the healthcare industry. The Company operates through two segments: Medical Device and In Vitro Diagnostics. The Company’s Medical Device segment consists of surface modification coating technologies to improve access, deliverability and predictable deployment of medical devices; international cardiology and peripheral balloon design, development and manufacturing, as well as drug delivery coating technologies to provide site-specific drug delivery from the surface of a medical device. The Company’s In Vitro Diagnostics segment manufactures or sells components for in vitro diagnostic immunoassay and molecular tests. The In Vitro Diagnostics segment manufactures and sells surface coatings to the diagnostic, biomedical research and life science markets. In Vitro Diagnostics segment offers protein stabilization reagents, substrates, antigens and surface coatings.
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