Critical Survey: Amplitude (NASDAQ:AMPL) vs. Nano-X Imaging (NASDAQ:NNOX)

Amplitude (NASDAQ:AMPL) and Nano-X Imaging (NASDAQ:NNOX) are both small-cap business services companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, dividends, risk, valuation and profitability.

Valuation and Earnings

This table compares Amplitude and Nano-X Imaging”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Amplitude	$299.27 million	2.83	-$94.32 million	($0.80)	-7.93
Nano-X Imaging	$11.28 million	13.22	-$53.52 million	($1.32)	-1.73

Nano-X Imaging has lower revenue, but higher earnings than Amplitude. Amplitude is trading at a lower price-to-earnings ratio than Nano-X Imaging, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Amplitude and Nano-X Imaging’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Amplitude	-31.36%	-36.27%	-22.90%
Nano-X Imaging	-680.11%	-48.75%	-43.63%

Analyst Recommendations

This is a summary of recent recommendations and price targets for Amplitude and Nano-X Imaging, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Amplitude	1	2	8	1	2.75
Nano-X Imaging	1	0	2	2	3.00

Amplitude currently has a consensus price target of $14.40, suggesting a potential upside of 127.13%. Nano-X Imaging has a consensus price target of $7.00, suggesting a potential upside of 207.02%. Given Nano-X Imaging’s stronger consensus rating and higher probable upside, analysts plainly believe Nano-X Imaging is more favorable than Amplitude.

Insider and Institutional Ownership

73.2% of Amplitude shares are owned by institutional investors. Comparatively, 21.5% of Nano-X Imaging shares are owned by institutional investors. 23.8% of Amplitude shares are owned by company insiders. Comparatively, 7.7% of Nano-X Imaging shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Volatility & Risk

Amplitude has a beta of 1.48, indicating that its share price is 48% more volatile than the S&P 500. Comparatively, Nano-X Imaging has a beta of 1.31, indicating that its share price is 31% more volatile than the S&P 500.

Summary

Amplitude beats Nano-X Imaging on 9 of the 15 factors compared between the two stocks.

About Amplitude

Amplitude, Inc., together with its subsidiaries, provides a digital analytics platform that analyzes customer behavior in the United States and internationally. It offers Amplitude Analytics, which provides real-time product data and reconstructed user visits; Amplitude Experiment, a solution that allows teams to test new capabilities and safely roll out new features; Amplitude CDP, an insight-driven solution that encompasses the data infrastructure, audience management, and data streaming capabilities; and Amplitude Session Replay used by product, marketing, and data teams to understand user behavior, diagnose product issues, and improve product outcomes. The company also provides customer support services related to initial implementation setup, ongoing support, and application training. It delivers its application over the Internet as a subscription service using a software-as-a-service model. The company was formerly known as Sonalight, Inc. and changed its name to Amplitude, Inc. in December 2014. Amplitude, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.

About Nano-X Imaging

Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode. The company's solutions include Nanox Multi Source System comprising Nanox.ARC, a medical tomographic imaging system incorporating its digital X-ray source, and Nanox. CLOUD, a platform which employs a matching engine to match medical images to radiologists that provides image repository, connectivity to diagnostic assistive AI systems, billing, and reporting. It also offers Nanox.MARKETPLACE, which connects imaging facilities with radiologists and enables radiologists to provide, as well as customers to obtain remote interpretations of imaging data; artificial intelligence (AI)-based software imaging solutions to hospitals, health maintenance organizations, integrated delivery networks, pharmaceutical companies, and insurers that are designed to identify or predict undiagnosed or underdiagnosed medical conditions through the mining of data included in images of existing computed tomography scans for osteoporosis and cardiovascular disease; Teleradiology Services, which provide imaging interpretation services for radiology practices, hospitals, medical clinics, diagnostic imaging centers, urgent care facilities; and multi-specialty physician groups, contracts, and radiology readings. The company is headquartered in Petach Tikva, Israel.