Head to Head Analysis: STERIS (NYSE:STE) & LogicMark (NASDAQ:LGMK)

STERIS (NYSE:STE) and LogicMark (NASDAQ:LGMK) are both medical companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, valuation, earnings, analyst recommendations and risk.

Valuation & Earnings

This table compares STERIS and LogicMark’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
STERIS	$5.09 billion	4.47	$107.03 million	$1.22	188.44
LogicMark	$10.03 million	0.27	-$6.93 million	($13.55)	-0.15

STERIS has higher revenue and earnings than LogicMark. LogicMark is trading at a lower price-to-earnings ratio than STERIS, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares STERIS and LogicMark’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
STERIS	2.35%	13.75%	7.73%
LogicMark	-86.00%	-39.04%	-32.48%

Analyst Recommendations

This is a summary of recent ratings and recommmendations for STERIS and LogicMark, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
STERIS	0	3	3	0	2.50
LogicMark	0	0	0	0	N/A

STERIS presently has a consensus target price of $239.60, indicating a potential upside of 4.22%. Given STERIS’s higher possible upside, analysts clearly believe STERIS is more favorable than LogicMark.

Risk & Volatility

STERIS has a beta of 0.85, meaning that its share price is 15% less volatile than the S&P 500. Comparatively, LogicMark has a beta of 1.9, meaning that its share price is 90% more volatile than the S&P 500.

Insider and Institutional Ownership

92.9% of STERIS shares are owned by institutional investors. Comparatively, 38.9% of LogicMark shares are owned by institutional investors. 1.0% of STERIS shares are owned by company insiders. Comparatively, 3.6% of LogicMark shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

STERIS beats LogicMark on 11 of the 13 factors compared between the two stocks.

About STERIS

STERIS plc provides infection prevention products and services worldwide. It operates through four segments: Healthcare, Applied Sterilization Technologies, Life Sciences, and Dental. The Healthcare segment offers cleaning chemistries and sterility assurance products; automated endoscope reprocessing system and tracking products; endoscopy accessories, washers, sterilizers, and other pieces of capital equipment for the operation of a sterile processing department; and equipment used directly in the operating room, including surgical tables, lights, and connectivity solutions, as well as equipment management services. It also provides capital equipment installation, maintenance, upgradation, repair, and troubleshooting services; preventive maintenance programs and repair services; instrument and endoscope repair and maintenance services; and custom process improvement consulting and outsourced instrument sterile processing services. The Applied Sterilization Technologies segment provides contract sterilization and testing services for medical device and pharmaceutical manufacturers through a network of approximately 50 contract sterilization and laboratory facilities. The Life Sciences segment designs, manufactures and sells consumable products, such as formulated cleaning chemistries, barrier, sterility assurance products, steam and vaporized hydrogen peroxide sterilizers, and washer disinfectors. This segment also offers equipment installation, maintenance, upgradation, repair, and troubleshooting services; and preventive maintenance programs and repair services. The Dental segment provides hand and electric-powered dental instruments, infection control products, conscious sedation, personal protective equipment, and water quality products for dental suite. The company serves its products and services to hospitals, other healthcare providers, and pharmaceutical manufacturers. The company was founded in 1985 and is based in Dublin, Ireland.

About LogicMark

LogicMark, Inc. offers personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. It manufactures and distributes non-monitored and monitored personal emergency response systems, which are offered through healthcare durable medical equipment and monitored security dealers/distributors, and the United States Department of Veterans Affairs. The company was formerly known as Nxt-ID, Inc. and changed its name to LogicMark, Inc. in March 2022. LogicMark, Inc. was founded in 2006 and is based in Louisville, Kentucky.