Analyzing Echo Therapeutics (OTCMKTS:ECTE) and Tenon Medical (NASDAQ:TNON)

Echo Therapeutics (OTCMKTS:ECTE) and Tenon Medical (NASDAQ:TNON) are both medical companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, analyst recommendations, profitability, risk, earnings, dividends and institutional ownership.

Profitability

This table compares Echo Therapeutics and Tenon Medical’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Echo Therapeutics	N/A	N/A	N/A
Tenon Medical	-417.57%	-558.92%	-129.73%

Earnings & Valuation

This table compares Echo Therapeutics and Tenon Medical”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Echo Therapeutics	N/A	N/A	N/A	N/A	N/A
Tenon Medical	$3.28 million	2.36	-$13.67 million	($27.23)	-0.04

Echo Therapeutics has higher earnings, but lower revenue than Tenon Medical.

Analyst Ratings

This is a breakdown of current recommendations for Echo Therapeutics and Tenon Medical, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Echo Therapeutics	0	0	0	0	0.00
Tenon Medical	0	0	4	0	3.00

Tenon Medical has a consensus price target of $4.67, indicating a potential upside of 357.52%. Given Tenon Medical’s stronger consensus rating and higher probable upside, analysts clearly believe Tenon Medical is more favorable than Echo Therapeutics.

Institutional and Insider Ownership

22.7% of Tenon Medical shares are held by institutional investors. 7.0% of Echo Therapeutics shares are held by company insiders. Comparatively, 0.3% of Tenon Medical shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

Tenon Medical beats Echo Therapeutics on 5 of the 9 factors compared between the two stocks.

About Echo Therapeutics

Echo Therapeutics, Inc. is a medical device company, which engages in the development of non-invasive, and wireless continuous glucose monitoring system for use in the diabetes outpatient market. It offers needle-free skin preparation device as a platform technology that allows for enhanced skin permeation enabling extraction of analytes, such as glucose and delivery of topical pharmaceuticals. The company was founded in 1989 and is headquartered in Iselin, NJ.

About Tenon Medical

Tenon Medical, Inc., a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as transfixes the SI joints. Tenon Medical, Inc. was incorporated in 2012 and is headquartered in Los Gatos, California.