Adagio Medical (NASDAQ:ADGM) versus Zynex (NASDAQ:ZYXI) Financial Contrast

Adagio Medical (NASDAQ:ADGM – Get Free Report) and Zynex (NASDAQ:ZYXI – Get Free Report) are both small-cap healthcare companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, risk, institutional ownership, earnings, dividends, analyst recommendations and valuation.

Risk and Volatility

Adagio Medical has a beta of 0.01, meaning that its share price is 99% less volatile than the S&P 500. Comparatively, Zynex has a beta of 0.99, meaning that its share price is 1% less volatile than the S&P 500.

Analyst Ratings

This is a summary of current recommendations and price targets for Adagio Medical and Zynex, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Adagio Medical 1 1 2 0 2.25
Zynex 1 0 0 0 1.00

Adagio Medical currently has a consensus target price of $3.50, suggesting a potential upside of 2,768.85%. Given Adagio Medical’s stronger consensus rating and higher possible upside, research analysts clearly believe Adagio Medical is more favorable than Zynex.

Valuation and Earnings

This table compares Adagio Medical and Zynex”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Adagio Medical $600,000.00 4.52 -$25.08 million ($1.48) -0.08
Zynex $108.20 million 0.04 $2.99 million ($2.43) -0.05

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

Institutional and Insider Ownership

48.1% of Adagio Medical shares are owned by institutional investors. Comparatively, 29.7% of Zynex shares are owned by institutional investors. 7.8% of Adagio Medical shares are owned by insiders. Comparatively, 49.3% of Zynex shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Adagio Medical and Zynex’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Adagio Medical N/A -661.85% -73.35%
Zynex -68.35% -804.30% -36.67%

Summary

Adagio Medical beats Zynex on 8 of the 14 factors compared between the two stocks.

About Adagio Medical

(Get Free Report)

Adagio Medical Holdings, Inc., a developmental stage medical device company, focuses on the development and commercialization of ablation technologies for the treatment of cardiac arrhythmias. It offers treatment for cardiac arrhythmias, including atrial fibrillation, atrial flutter, and ventricular tachycardia. The company’s product portfolio includes iCLAS atrial ultra-low temperature cryoablation (ULTC) catheter and accessories; vCLAS ventricular ULTC catheter; and Cryopulse atrial pulsed-field cryoablation catheter and accessories. The company is based in Laguna Hills, California.

About Zynex

(Get Free Report)

Zynex, Inc., together with its subsidiaries, designs, manufactures, and markets medical devices to treat chronic and acute pain; and activate and exercise muscles for rehabilitative purposes with electrical stimulation. The company offers NexWave, a dual channel, multi-modality interferential current, transcutaneous electrical nerve stimulation, and neuromuscular electrical stimulation (NMES) device that is marketed to physicians and therapists by field sales representatives; NeuroMove, an electromyography and electric stimulation technology device; InWave, an electrical stimulation product for the treatment of female urinary incontinence; E-Wave, an NMES device; M-Wave, an NMES device. It also supplies private labeled products, including electrodes for the delivery of electrical current to the body, and batteries for use in electrotherapy products. In addition, the company distributes Comfortrac/Saunders for cervical traction, JetStream for hot/cold therapy, LSO Back Braces for lumbar support, and braces for rehabilitation support. Further, it offers Zynex Fluid Monitoring System (CM-1500); Zynex Wireless Fluid Monitoring System (CM-1600), a noninvasive monitoring device designed to measure relative changes in fluid volume in adult patients; NiCO CO-Oximeter, a laser-based noninvasive co-oximeter; and HemeOx tHb Oximeter, a laser-based total hemoglobin pulse oximeter. The company provides its products for use in pain management and control; stroke and spinal cord injury rehabilitation; hemodynamic monitoring and intravascular volume monitoring; and pulse oximetry monitoring. It sells its products through direct sales force primarily in the United States. Zynex, Inc. was founded in 1996 and is headquartered in Englewood, Colorado.

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