Envoy Medical (NASDAQ:COCH) vs. Tactile Systems Technology (NASDAQ:TCMD) Financial Survey

Tactile Systems Technology (NASDAQ:TCMDGet Free Report) and Envoy Medical (NASDAQ:COCHGet Free Report) are both small-cap medical companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, profitability, analyst recommendations, institutional ownership, earnings, valuation and dividends.

Profitability

This table compares Tactile Systems Technology and Envoy Medical’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Tactile Systems Technology 5.83% 8.84% 6.54%
Envoy Medical -11,950.00% N/A -248.54%

Volatility and Risk

Tactile Systems Technology has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500. Comparatively, Envoy Medical has a beta of 2.11, indicating that its share price is 111% more volatile than the S&P 500.

Institutional and Insider Ownership

83.4% of Tactile Systems Technology shares are owned by institutional investors. Comparatively, 8.6% of Envoy Medical shares are owned by institutional investors. 2.5% of Tactile Systems Technology shares are owned by company insiders. Comparatively, 5.7% of Envoy Medical shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Valuation and Earnings

This table compares Tactile Systems Technology and Envoy Medical”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Tactile Systems Technology $292.98 million 2.21 $16.96 million $0.77 37.64
Envoy Medical $220,000.00 88.99 -$20.80 million ($1.41) -0.48

Tactile Systems Technology has higher revenue and earnings than Envoy Medical. Envoy Medical is trading at a lower price-to-earnings ratio than Tactile Systems Technology, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of current ratings and recommmendations for Tactile Systems Technology and Envoy Medical, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tactile Systems Technology 0 3 2 1 2.67
Envoy Medical 1 0 1 0 2.00

Tactile Systems Technology presently has a consensus price target of $28.75, suggesting a potential downside of 0.79%. Envoy Medical has a consensus price target of $9.50, suggesting a potential upside of 1,297.06%. Given Envoy Medical’s higher probable upside, analysts clearly believe Envoy Medical is more favorable than Tactile Systems Technology.

Summary

Tactile Systems Technology beats Envoy Medical on 11 of the 15 factors compared between the two stocks.

About Tactile Systems Technology

(Get Free Report)

Tactile Systems Technology, Inc., a medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States. It offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema in the home setting; and Entre Plus System, a portable pneumatic compression device for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers. The company also provides Kylee, a mobile application to help patients learn about lymphedema, track their symptoms, and treatment, as well as to share their progress with their doctor; and AffloVest, a portable high frequency chest wall oscillation vest to treat patients with retained pulmonary secretions resulting from bronchiectasis, cystic fibrosis, and various neuromuscular disorders. Tactile Systems Technology, Inc. was incorporated in 1995 and is headquartered in Minneapolis, Minnesota.

About Envoy Medical

(Get Free Report)

Envoy Medical, Inc., a hearing health company, provides medical technologies for the hearing loss spectrum. Its products include personal sound amplification devices; hearing aids; Esteem fully implanted active middle ear implants; auditory osseointegrated implants; and Acclaim cochlear implants. The company was formerly known as Envoy Medical Corporation and changed its name to Envoy Medical, Inc. in September 2023. Envoy Medical, Inc. was founded in 1995 and is headquartered in White Bear Lake, Minnesota.

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