Inspire Medical Systems (NYSE:INSP – Get Free Report) and Apyx Medical (NASDAQ:APYX – Get Free Report) are both medical companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, valuation, analyst recommendations, dividends, profitability and risk.
Profitability
This table compares Inspire Medical Systems and Apyx Medical’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Inspire Medical Systems | 4.37% | 5.30% | 4.58% |
| Apyx Medical | -57.86% | -105.45% | -36.80% |
Insider & Institutional Ownership
94.9% of Inspire Medical Systems shares are held by institutional investors. Comparatively, 55.3% of Apyx Medical shares are held by institutional investors. 4.1% of Inspire Medical Systems shares are held by company insiders. Comparatively, 16.8% of Apyx Medical shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Earnings & Valuation
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Inspire Medical Systems | $624.80 million | 9.43 | -$21.15 million | $1.07 | 183.78 |
| Apyx Medical | $52.35 million | 1.01 | -$18.71 million | ($0.82) | -1.85 |
Apyx Medical has lower revenue, but higher earnings than Inspire Medical Systems. Apyx Medical is trading at a lower price-to-earnings ratio than Inspire Medical Systems, indicating that it is currently the more affordable of the two stocks.
Analyst Recommendations
This is a breakdown of recent recommendations and price targets for Inspire Medical Systems and Apyx Medical, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Inspire Medical Systems | 0 | 4 | 8 | 0 | 2.67 |
| Apyx Medical | 0 | 2 | 1 | 1 | 2.75 |
Inspire Medical Systems presently has a consensus price target of $227.75, indicating a potential upside of 15.82%. Apyx Medical has a consensus price target of $5.00, indicating a potential upside of 228.95%. Given Apyx Medical’s stronger consensus rating and higher probable upside, analysts clearly believe Apyx Medical is more favorable than Inspire Medical Systems.
Risk & Volatility
Inspire Medical Systems has a beta of 1.36, suggesting that its stock price is 36% more volatile than the S&P 500. Comparatively, Apyx Medical has a beta of 1.21, suggesting that its stock price is 21% more volatile than the S&P 500.
Summary
Inspire Medical Systems beats Apyx Medical on 10 of the 15 factors compared between the two stocks.
About Inspire Medical Systems
Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally. The company offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe OSA. It also develops a novel, closed-loop solution that continuously monitors a patient's breathing and delivers mild hypoglossal nerve stimulation to maintain an open airway. The company was incorporated in 2007 and is headquartered in Golden Valley, Minnesota.
About Apyx Medical
Apyx Medical Corporation, an energy technology company, engages in the design, development, and manufacture of medical devices in the United States and internationally. The company operates through two segments: Advanced Energy and Original Equipment Manufacturing (OEM). It offers Helium Plasma Generator for delivery of RF energy and helium plasma to cut, coagulate, and ablate soft tissue during open and minimally invasive surgical procedures. The company's Helium Plasma Technology products are marketed and sold under the Renuvion name in the cosmetic surgery market and under the J-Plasma name in the hospital surgical market. It also develops and manufactures various hand pieces for open and laparoscopic procedures; and OEM generators, as well as related accessories. The company was formerly known as Bovie Medical Corporation and changed its name to Apyx Medical Corporation in January 2019. Apyx Medical Corporation was incorporated in 1982 and is based in Clearwater, Florida.
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