Head-to-Head Analysis: Pro-Dex (NASDAQ:PDEX) Vs. Merit Medical Systems (NASDAQ:MMSI)

Merit Medical Systems (NASDAQ:MMSI – Get Your Free Report ) and Pro-Dex (NASDAQ:PDEX – Get Your Free Report ) are both medical companies, but which is the better investment? We will compare the two companies based on the strength of profitability, valuation, earnings, dividends, institutional ownership, risk and analyst recommendations.

return

This table compares Merit Medical Systems and Pro-Dex’s net margins, return on equity and return on assets.

Insider and institutional ownership

99.7% of Merit Medical Systems shares are owned by institutional investors. Comparatively, 15.3% of Pro-Dex shares are held by institutional investors. 3.7% of Merit Medical Systems shares are owned by insiders. Comparatively, 42.6% of Pro-Dex shares are held by insiders. Strong institutional ownership is an indication that endowments, big money managers and hedge funds believe a company will outperform the market over the long term.

Risk and volatility

Merit Medical Systems has a beta of 0.87, which suggests that its stock price is 13% less volatile than the S&P 500. Comparatively, Pro-Dex has a beta of 0.38, which suggests that its stock price its is 62% less volatile than the S&P 500.

Analyst recommendations

This is a summary of recent ratings and recommendations for Merit Medical Systems and Pro-Dex as provided by MarketBeat.com.

Merit Medical Systems currently has a consensus target price of $101.82, suggesting a potential upside of 6.47%. Pro-Dex has a consensus price target of $30.00, suggesting a potential downside of 3.35%. Given Merit Medical Systems’ higher possible upside, research analysts plainly believe Merit Medical Systems is more favorable than Pro-Dex.

Rating and Earnings

This table compares Merit Medical Systems and Pro-Dex’s revenue, earnings per share (EPS) and valuation.

Merit Medical Systems has higher revenue and earnings than Pro-Dex. Pro-Dex is trading at a lower price-to-earnings ratio than Merit Medical Systems, indicating that it is currently the more affordable of the two stocks.

Summary

Merit Medical Systems beats Pro-Dex on 13 of the 15 factors compared between the two stocks.

About Merit Medical Systems

(Get a free report)

Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures in the United States and internationally. It operates in two segments, Cardiovascular and Endoscopy. The company provides micropuncture kits, angiography needles, sheaths, guidewires and safety products; peripheral intervention, including angiography, drainage, delivery systems and embolotherapy products; spine products such as spine augmentation, radiofrequency ablation and bone biopsy systems; oncological products; and cardiac intervention products such as access, angiography, electrophysiology and cardiac rhythm management, fluid management, hemodynamic monitoring, hemostasis and intervention to treat various cardiac conditions. It also offers custom procedural solutions that include critical care products, disinfection shielding systems, syringes, collection kits and trays and packs; coating services for medical tubes and wires; and sensor components for microelectromechanical systems. In addition, the company provides pulmonary products consisting of laser-cut tracheobronchial stents, cable and direct visualization delivery systems, and dilation balloons to dilate structures endoscopically; gastroenterology products such as covered esophageal stents, syringes and manometers, and balloon dilators; and kits and accessories for endoscopy and bronchoscopy procedures. It sells its products to hospitals and alternative physicians, technicians and nurses through its direct sales force, distributors, OEM partners or custom procedure tray manufacturers. The company was founded in 1987 and is headquartered in South Jordan, Utah.

About Pro-Dex

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Pro-Dex, Inc. designs, develops, manufactures and sells motorized surgical instruments for original equipment manufacturers for medical devices worldwide. The company offers autoclavable, battery-powered, electric, and multi-functional surgical drivers and shavers that are primarily used in the orthopedic, thoracic, and craniomaxillofacial markets. It also provides engineering, quality and regulatory consulting services; and manufactures and sells rotary air motors for various industries. The company’s products are used in hospitals, medical engineering laboratories, scientific research facilities and high-tech manufacturing operations. Pro-Dex, Inc. was founded in 1978 and is headquartered in Irvine, California.

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