electroCore (NASDAQ:ECOR – Get Free Report) is one of 511 publicly-traded companies in the “Healthcare Equipment & Supplies” industry, but how does it weigh in compared to its rivals? We will compare electroCore to similar businesses based on the strength of its dividends, analyst recommendations, profitability, institutional ownership, earnings, risk and valuation.
Analyst Ratings
This is a summary of current ratings and price targets for electroCore and its rivals, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| electroCore | 1 | 1 | 1 | 0 | 2.00 |
| electroCore Competitors | 4309 | 10596 | 18377 | 837 | 2.46 |
electroCore currently has a consensus price target of $18.00, suggesting a potential upside of 242.86%. As a group, “Healthcare Equipment & Supplies” companies have a potential upside of 21.20%. Given electroCore’s higher possible upside, research analysts clearly believe electroCore is more favorable than its rivals.
Earnings and Valuation
This table compares electroCore and its rivals revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| electroCore | $37.97 million | -$13.97 million | -3.78 |
| electroCore Competitors | $1.89 billion | $136.85 million | 6.01 |
electroCore’s rivals have higher revenue and earnings than electroCore. electroCore is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Institutional and Insider Ownership
26.7% of electroCore shares are owned by institutional investors. Comparatively, 40.5% of shares of all “Healthcare Equipment & Supplies” companies are owned by institutional investors. 7.8% of electroCore shares are owned by insiders. Comparatively, 14.9% of shares of all “Healthcare Equipment & 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.
Profitability
This table compares electroCore and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| electroCore | -33.46% | N/A | -74.21% |
| electroCore Competitors | -300.62% | -179.55% | -22.71% |
Volatility and Risk
electroCore has a beta of 1.23, indicating that its stock price is 23% more volatile than the S&P 500. Comparatively, electroCore’s rivals have a beta of 5.41, indicating that their average stock price is 441% more volatile than the S&P 500.
Summary
electroCore rivals beat electroCore on 10 of the 13 factors compared.
electroCore Company Profile
electroCore is a medical technology company that develops non-invasive bioelectronic therapies. Its products use non-invasive vagus nerve stimulation (nVNS), which delivers gentle electrical stimulation through the skin to activate the vagus nerve. The company’s gammaCore device is used for the treatment of certain headache conditions, including migraine and cluster headache, subject to its regulatory clearances and indications. electroCore also offers Truvaga, a consumer wellness product that uses non-invasive vagus nerve stimulation.
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