Obalon Therptcs (NASDAQ:OBLN) versus Its Competitors Financial Contrast

Obalon Therptcs (NASDAQ: OBLN) is one of 19 publicly-traded companies in the “Medical Devices & Implants” industry, but how does it contrast to its peers? We will compare Obalon Therptcs to related businesses based on the strength of its risk, analyst recommendations, dividends, earnings, valuation, profitability and institutional ownership.

Earnings & Valuation

This table compares Obalon Therptcs and its peers gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Obalon Therptcs $3.39 million -$20.46 million -4.13
Obalon Therptcs Competitors $1.67 billion $207.58 million 85.10

Obalon Therptcs’ peers have higher revenue and earnings than Obalon Therptcs. Obalon Therptcs is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Risk and Volatility

Obalon Therptcs has a beta of -4.45, meaning that its stock price is 545% less volatile than the S&P 500. Comparatively, Obalon Therptcs’ peers have a beta of 0.46, meaning that their average stock price is 54% less volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent recommendations for Obalon Therptcs and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Obalon Therptcs 1 0 2 0 2.33
Obalon Therptcs Competitors 110 728 1026 10 2.50

Obalon Therptcs presently has a consensus target price of $12.00, suggesting a potential upside of 46.16%. As a group, “Medical Devices & Implants” companies have a potential upside of 35.79%. Given Obalon Therptcs’ higher possible upside, analysts plainly believe Obalon Therptcs is more favorable than its peers.

Profitability

This table compares Obalon Therptcs and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Obalon Therptcs -459.54% -59.77% -47.02%
Obalon Therptcs Competitors -101.23% -92.70% -30.32%

Insider & Institutional Ownership

44.1% of Obalon Therptcs shares are held by institutional investors. Comparatively, 54.8% of shares of all “Medical Devices & Implants” companies are held by institutional investors. 16.4% of Obalon Therptcs shares are held by company insiders. Comparatively, 11.9% of shares of all “Medical Devices & Implants” 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.

Summary

Obalon Therptcs peers beat Obalon Therptcs on 8 of the 12 factors compared.

Obalon Therptcs Company Profile

Obalon Therapeutics, Inc. is a United States-based commercial-stage medical device company focused on developing and commercializing medical devices to treat obese and overweight people by facilitating weight loss. The Company’s product, Obalon balloon system, is a swallowable, gas-filled intragastric balloon designed to provide weight loss in obese patients. The Obalon balloon system is intended to be used as an adjunct to a moderate intensity diet and behavior modification program. All balloons must be removed six months after the first balloon is placed. The Obalon balloon system intends to provide patients and physicians with a reversible and repeatable weight loss solution in an outpatient setting, without altering patient anatomy or requiring surgery. The Company has received Premarket approval (PMA) for its Obalon balloon system based on the results of its United States pivotal clinical trial, referred to as the SMART trial.

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