Critical Contrast: Enovis (NYSE:ENOV) & Standard BioTools (NASDAQ:LAB)

Standard BioTools (NASDAQ:LAB) and Enovis (NYSE:ENOV) are both small-cap medical companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, dividends, valuation, institutional ownership, profitability, risk and analyst recommendations.

Valuation and Earnings

This table compares Standard BioTools and Enovis”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Standard BioTools	$169.74 million	2.81	-$138.88 million	($0.34)	-3.65
Enovis	$2.23 billion	0.77	-$825.49 million	($23.66)	-1.27

Standard BioTools has higher earnings, but lower revenue than Enovis. Standard BioTools is trading at a lower price-to-earnings ratio than Enovis, indicating that it is currently the more affordable of the two stocks.

Risk and Volatility

Standard BioTools has a beta of 1.25, suggesting that its share price is 25% more volatile than the S&P 500. Comparatively, Enovis has a beta of 1.67, suggesting that its share price is 67% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent recommendations and price targets for Standard BioTools and Enovis, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Standard BioTools	1	3	0	0	1.75
Enovis	1	0	6	0	2.71

Standard BioTools presently has a consensus target price of $1.35, suggesting a potential upside of 8.87%. Enovis has a consensus target price of $51.17, suggesting a potential upside of 70.77%. Given Enovis’ stronger consensus rating and higher probable upside, analysts plainly believe Enovis is more favorable than Standard BioTools.

Profitability

This table compares Standard BioTools and Enovis’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Standard BioTools	-69.08%	-20.23%	-15.32%
Enovis	-37.80%	6.78%	3.73%

Institutional and Insider Ownership

53.7% of Standard BioTools shares are held by institutional investors. Comparatively, 98.4% of Enovis shares are held by institutional investors. 23.2% of Standard BioTools shares are held by company insiders. Comparatively, 2.7% of Enovis shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Enovis beats Standard BioTools on 10 of the 14 factors compared between the two stocks.

About Standard BioTools

Standard BioTools Inc., together with its subsidiaries, provides instruments, consumables, reagents, and software services for researchers and clinical laboratories in the Americas, Europe, the Middle East, Africa, and the Asia pacific. It operates through two segments: Proteomics and Genomics. The company offers analytical systems, such as CyTOF XT System, a CyTOF XT mass cytometry system performs automated high-parameter single-cell analysis using antibodies conjugated to metal isotopes; and Hyperion XTi imaging system, a spatial biology instrument. It also provides genomics, such as X9 Real-Time PCR System, a real-time PCR analytical instrument including pre-processing steps for microfluidics-based workflows using (integrated fluidic circuit) IFCs; and IFC Controllers, a controller which is designed to work with IFC formats. In addition, the company offers analytical instruments comprising Biomark HD system, a real-time PCR analytical instrument for microfluidics-based workflows using prepared IFCs. It sells its products to academic research institutions; translational research and medicine centers; cancer centers; clinical research laboratories; biopharmaceutical, biotechnology, and plant and animal research companies; and contract research organizations. It has license agreements with California Institute of Technology, Harvard University, and Caliper Life Sciences, Inc. The company was formerly known as Fluidigm Corporation and changed its name to Standard BioTools Inc. in April 2022. Fluidigm Corporation was incorporated in 1999 and is headquartered in South San Francisco, California.

About Enovis

Enovis Corporation operates as a medical technology company focus on developing clinically differentiated solutions worldwide. It also manufactures and distributes medical devices which are used for reconstructive surgery, rehabilitation, pain management, and physical therapy. The company operates through Prevention and Recovery, and Reconstructive segments. Its Prevention and Recovery segment offers orthopedic solutions and recovery sciences including rigid and soft orthopedic bracing, hot and cold therapy, bone growth stimulators, vascular therapy systems and compression garments, therapeutic shoes and inserts, electrical stimulators management, and physical therapy products which are used by orthopedic specialists, surgeons, primary care physicians, pain management specialists, physical therapists, podiatrists, chiropractors, athletic trainers, and other healthcare professionals. The company's Reconstructive segment operates surgical implant business, which includes a suite of reconstructive joint products for the hip, knee, shoulder, elbow, foot, ankle, and finger, as well as surgical productivity tools. The company distributes its products through independent distributors and directly under the ESAB and DJO brands. Enovis Corporation was formerly known as Colfax Corporation. The company was founded in 1995 and is headquartered in Wilmington, Delaware.