Orchestra BioMed (NASDAQ:OBIO – Get Free Report) is one of 226 public companies in the “Surgical & medical instruments” industry, but how does it weigh in compared to its competitors? We will compare Orchestra BioMed to similar businesses based on the strength of its earnings, risk, valuation, institutional ownership, profitability, analyst recommendations and dividends.
Risk and Volatility
Orchestra BioMed has a beta of 0.15, indicating that its share price is 85% less volatile than the S&P 500. Comparatively, Orchestra BioMed’s competitors have a beta of 1.12, indicating that their average share price is 12% more volatile than the S&P 500.
Analyst Recommendations
This is a breakdown of recent recommendations and price targets for Orchestra BioMed and its competitors, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Orchestra BioMed | 0 | 0 | 2 | 0 | 3.00 |
Orchestra BioMed Competitors | 1512 | 3710 | 7575 | 210 | 2.50 |
Earnings & Valuation
This table compares Orchestra BioMed and its competitors top-line revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Orchestra BioMed | $2.76 million | -$49.12 million | -3.01 |
Orchestra BioMed Competitors | $827.04 million | -$23.39 million | -8.80 |
Orchestra BioMed’s competitors have higher revenue and earnings than Orchestra BioMed. Orchestra BioMed is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Institutional & Insider Ownership
53.6% of Orchestra BioMed shares are held by institutional investors. Comparatively, 47.6% of shares of all “Surgical & medical instruments” companies are held by institutional investors. 15.7% of shares of all “Surgical & medical instruments” companies 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.
Profitability
This table compares Orchestra BioMed and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Orchestra BioMed | -1,779.71% | -58.32% | -41.47% |
Orchestra BioMed Competitors | -772.77% | -154.00% | -30.62% |
Summary
Orchestra BioMed competitors beat Orchestra BioMed on 7 of the 13 factors compared.
Orchestra BioMed Company Profile
Orchestra BioMed Holdings, Inc. operates as a biomedical innovation company. The company's flagship product candidates include BackBeat Cardiac Neuromodulation Therapy (CNT) for the treatment of hypertension (HTN); and Virtue Sirolimus AngioInfusion Balloon (SAB) for the treatment of atherosclerotic artery disease. Its products also comprise FreeHold devices and minimally invasive surgery devices. The company has a collaboration agreement with Medtronic, Inc. for the development and commercialization of BackBeat CNT for the treatment of HTN in patients indicated for a cardiac pacemaker; and a strategic collaboration with Terumo Medical Corporation for the development and commercialization of Virtue SAB for the treatment of coronary and peripheral artery disease. Orchestra BioMed Holdings, Inc. is based in New Hope, Pennsylvania.
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