LogicMark (NASDAQ:LGMK) versus Enovis (NYSE:ENOV) Head to Head Analysis

LogicMark (NASDAQ:LGMK) and Enovis (NYSE:ENOV) are both industrial products companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, risk, institutional ownership, profitability and dividends.

Earnings & Valuation

This table compares LogicMark and Enovis’ top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
LogicMark	$9.65 million	0.14	-$6.93 million	($10.05)	-0.10
Enovis	$1.71 billion	1.98	-$33.26 million	($0.61)	-101.15

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

Analyst Ratings

This is a breakdown of recent ratings and price targets for LogicMark and Enovis, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
LogicMark	0	0	0	0	N/A
Enovis	0	0	8	0	3.00

Enovis has a consensus price target of $75.43, suggesting a potential upside of 22.25%. Given Enovis’ higher possible upside, analysts plainly believe Enovis is more favorable than LogicMark.

Risk and Volatility

LogicMark has a beta of 1.36, suggesting that its stock price is 36% more volatile than the S&P 500. Comparatively, Enovis has a beta of 1.97, suggesting that its stock price is 97% more volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
LogicMark	-82.71%	-36.86%	-30.73%
Enovis	-1.95%	3.84%	2.99%

Insider & Institutional Ownership

7.9% of LogicMark shares are held by institutional investors. Comparatively, 98.4% of Enovis shares are held by institutional investors. 10.5% of LogicMark shares are held by company insiders. Comparatively, 5.1% of Enovis shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Enovis beats LogicMark on 10 of the 13 factors compared between the two stocks.

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.

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.