Modular Medical (OTC:MODD – Get Rating) is one of 223 public companies in the “Surgical & medical instruments” industry, but how does it contrast to its peers? We will compare Modular Medical to similar businesses based on the strength of its risk, institutional ownership, earnings, analyst recommendations, valuation, profitability and dividends.
Institutional & Insider Ownership
14.7% of Modular Medical shares are owned by institutional investors. Comparatively, 47.0% of shares of all “Surgical & medical instruments” companies are owned by institutional investors. 59.2% of Modular Medical shares are owned by insiders. Comparatively, 14.7% of shares of all “Surgical & medical instruments” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Earnings & Valuation
This table compares Modular Medical and its peers gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Modular Medical||N/A||-$18.63 million||-1.29|
|Modular Medical Competitors||$1.10 billion||$81.57 million||11.20|
This table compares Modular Medical and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Modular Medical Competitors||-1,355.92%||-145.04%||-26.44%|
This is a summary of recent recommendations and price targets for Modular Medical and its peers, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Modular Medical Competitors||881||3395||7583||172||2.59|
Modular Medical currently has a consensus price target of $9.50, suggesting a potential upside of 281.53%. As a group, “Surgical & medical instruments” companies have a potential upside of 22.74%. Given Modular Medical’s stronger consensus rating and higher possible upside, analysts plainly believe Modular Medical is more favorable than its peers.
Modular Medical peers beat Modular Medical on 7 of the 12 factors compared.
Modular Medical Company Profile
Modular Medical, Inc., a development stage medical device company, focuses on the design, development, and commercialization of insulin pumps using technology to enhance pump adoption in the diabetes marketplace. The company is headquartered in San Diego, California.
Receive News & Ratings for Modular Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Modular Medical and related companies with MarketBeat.com's FREE daily email newsletter.