Neovasc (NASDAQ: NVCN) and Quidel Corporation (NASDAQ:QDEL) are both small-cap medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, earnings, risk, valuation, profitability and analyst recommendations.
Valuation & Earnings
This table compares Neovasc and Quidel Corporation’s revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||NetIncome||Earnings Per Share||Price/Earnings Ratio|
|Neovasc||$9.51 million||8.71||-$86.49 million||($0.14)||-7.50|
|Quidel Corporation||$191.60 million||6.69||-$13.80 million||($0.15)||-251.45|
Quidel Corporation has higher revenue and earnings than Neovasc. Quidel Corporation is trading at a lower price-to-earnings ratio than Neovasc, indicating that it is currently the more affordable of the two stocks.
Risk & Volatility
Neovasc has a beta of 0.27, suggesting that its stock price is 73% less volatile than the S&P 500. Comparatively, Quidel Corporation has a beta of 1.2, suggesting that its stock price is 20% more volatile than the S&P 500.
Insider & Institutional Ownership
19.4% of Neovasc shares are owned by institutional investors. Comparatively, 84.4% of Quidel Corporation shares are owned by institutional investors. 22.0% of Quidel Corporation shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
This table compares Neovasc and Quidel Corporation’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This is a breakdown of current ratings for Neovasc and Quidel Corporation, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Neovasc currently has a consensus target price of $6.33, indicating a potential upside of 503.17%. Quidel Corporation has a consensus target price of $48.50, indicating a potential upside of 28.58%. Given Neovasc’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Neovasc is more favorable than Quidel Corporation.
Quidel Corporation beats Neovasc on 8 of the 13 factors compared between the two stocks.
Neovasc Company Profile
Neovasc Inc. (Neovasc) is a specialty medical device company. The Company develops, manufactures and markets products for the cardiovascular marketplace. The Company’s segment is the development, manufacture and marketing of medical devices. Its products include the Tiara technology in development for the transcatheter treatment of mitral valve disease, the Neovasc Reducer for the treatment of refractory angina, and tissue products. The Tiara is in preclinical/early clinical stage development to provide a minimally invasive transcatheter device for patients experiencing mitral regurgitation (MR) as a result of mitral heart valve disease. The Reducer is an hourglass-shaped, balloon-expandable, stainless steel, bare metal device, which is implanted in the coronary sinus, creating a restriction in venous outflow from the myocardium (the muscular layer of the heart wall). Neovasc produces Peripatch, a biological tissue product that is manufactured from pericardium.
Quidel Corporation Company Profile
Quidel Corporation is engaged in the development, manufacturing and marketing of diagnostic testing solutions. These diagnostic testing solutions are separated into four product categories: immunoassays, molecular assays, virology and specialty products. The Company sells its products directly to end users and distributors, in each case, for professional use in physician offices, hospitals, clinical laboratories, reference laboratories, universities, retail clinics, pharmacies and wellness screening centers. Its diagnostic solutions aid in the detection and diagnosis of critical diseases and other medical conditions, including infectious diseases, women’s health, gastrointestinal diseases, autoimmune diseases, bone health and thyroid diseases. The Company provides diagnostic testing solutions under various brand names, including Quidel, QuickVue, QuickVue+, MicroVue, FreshCells, D3 FastPoint, Super E-Mix, ELVIS, Sofia, Quidel Molecular, Amplivue, Lyra and Thyretain.
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