Digipath (OTCMKTS:DIGP – Get Rating) and NeoGenomics (NASDAQ:NEO – Get Rating) are both medical companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, risk, valuation, analyst recommendations, earnings, institutional ownership and profitability.
This is a summary of current ratings and recommmendations for Digipath and NeoGenomics, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
NeoGenomics has a consensus price target of $19.17, suggesting a potential upside of 13.75%. Given NeoGenomics’ higher possible upside, analysts plainly believe NeoGenomics is more favorable than Digipath.
|Net Margins||Return on Equity||Return on Assets|
Risk and Volatility
Digipath has a beta of 1.11, suggesting that its stock price is 11% more volatile than the S&P 500. Comparatively, NeoGenomics has a beta of 1.18, suggesting that its stock price is 18% more volatile than the S&P 500.
Valuation & Earnings
This table compares Digipath and NeoGenomics’ top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Digipath||$2.70 million||0.24||-$2.06 million||($0.02)||-0.38|
|NeoGenomics||$509.73 million||4.18||-$144.25 million||($1.16)||-14.53|
Digipath has higher earnings, but lower revenue than NeoGenomics. NeoGenomics is trading at a lower price-to-earnings ratio than Digipath, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership
88.2% of NeoGenomics shares are held by institutional investors. 10.8% of Digipath shares are held by insiders. Comparatively, 1.0% of NeoGenomics shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
NeoGenomics beats Digipath on 8 of the 13 factors compared between the two stocks.
DigiPath, Inc. is a service-oriented independent testing laboratory and data analytics company, which engages in the provision of cannabis testing, education, training, and news coverage. The company was founded by Todd Denkin on October 5, 2010 and is headquartered in Las Vegas, NV.
NeoGenomics, Inc. is a clinical laboratory company, which engages in cancer genetics diagnostic testing and pharma services. It operates through the Clinical Services and Pharma Services segments. The Clinical Services segment offers cancer testing services to community-based pathologists, hospitals, academic centers, and oncology groups. The Pharma Services segment focuses on supporting pharmaceutical firms in drug development programs by supporting various clinical trials and research. It also provides testing services in support of its pharmaceutical clients’ oncology programs from discovery to commercialization. The company was founded by Michael T. Dent on October 29, 1998 and is headquartered in Fort Myers, FL.
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