Enovis (NYSE:ENOV) vs. LogicMark (NASDAQ:LGMK) Head-To-Head Review

Enovis (NYSE:ENOVGet Free Report) and LogicMark (NASDAQ:LGMKGet Free Report) are both medical companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, earnings, risk, valuation, analyst recommendations, profitability and institutional ownership.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Enovis and LogicMark, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enovis 0 0 8 0 3.00
LogicMark 0 0 0 0 N/A

Enovis currently has a consensus target price of $75.43, indicating a potential upside of 28.78%. Given Enovis’ higher possible upside, equities research analysts plainly believe Enovis is more favorable than LogicMark.

Institutional and Insider Ownership

98.5% of Enovis shares are owned by institutional investors. Comparatively, 7.9% of LogicMark shares are owned by institutional investors. 5.1% of Enovis shares are owned by insiders. Comparatively, 10.5% of LogicMark shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Risk and Volatility

Enovis has a beta of 1.97, meaning that its share price is 97% more volatile than the S&P 500. Comparatively, LogicMark has a beta of 1.36, meaning that its share price is 36% more volatile than the S&P 500.

Earnings & Valuation

This table compares Enovis and LogicMark’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Enovis $1.71 billion 1.88 -$33.26 million ($0.61) -96.01
LogicMark $11.92 million 0.11 -$6.93 million ($10.05) -0.09

LogicMark has lower revenue, but higher earnings than Enovis. Enovis is trading at a lower price-to-earnings ratio than LogicMark, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Enovis and LogicMark’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Enovis -1.95% 3.84% 2.99%
LogicMark -82.71% -36.86% -30.73%

Summary

Enovis beats LogicMark on 10 of the 13 factors compared between the two stocks.

About Enovis

(Get Free Report)

Enovis Corporation operates as a medical technology company focus on developing clinically differentiated solutions worldwide. It also manufactures and distributes medical devices which are used for reconstructive surgery, rehabilitation, pain management, and physical therapy. The company operates through Prevention and Recovery, and Reconstructive segments. Its Prevention and Recovery segment offers orthopedic solutions and recovery sciences including rigid and soft orthopedic bracing, hot and cold therapy, bone growth stimulators, vascular therapy systems and compression garments, therapeutic shoes and inserts, electrical stimulators management, and physical therapy products which are used by orthopedic specialists, surgeons, primary care physicians, pain management specialists, physical therapists, podiatrists, chiropractors, athletic trainers, and other healthcare professionals. The company's Reconstructive segment operates surgical implant business, which includes a suite of reconstructive joint products for the hip, knee, shoulder, elbow, foot, ankle, and finger, as well as surgical productivity tools. The company distributes its products through independent distributors and directly under the ESAB and DJO brands. Enovis Corporation was formerly known as Colfax Corporation. The company was founded in 1995 and is headquartered in Wilmington, Delaware.

About LogicMark

(Get Free Report)

LogicMark, Inc. offers personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. It manufactures and distributes non-monitored and monitored personal emergency response systems, which are offered through healthcare durable medical equipment and monitored security dealers/distributors, and the United States Department of Veterans Affairs. The company was formerly known as Nxt-ID, Inc. and changed its name to LogicMark, Inc. in March 2022. LogicMark, Inc. was founded in 2006 and is based in Louisville, Kentucky.

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