Head-to-Head Comparison: Enovis (NYSE:ENOV) vs. LogicMark (NASDAQ:LGMK)

LogicMark (NASDAQ:LGMK – Get Free Report) and Enovis (NYSE:ENOV – Get Free Report) are both industrial products companies, but which is the superior sector? We will compare the two companies based on the strength of their analyst recommendations, dividends, risk, institutional ownership, profitability, valuation and earnings.

Analyst recommendations

This is an overview of the current recommendations and price targets for LogicMark and Enovis, as reported by MarketBeat.

Enovis has a consensus price target of $75.43, indicating a potential upside of 34.96%. Given the higher potential upside of Enovis, analysts clearly believe that Enovis is more favorable than LogicMark.

Risk and volatility

LogicMark has a beta of 1.36, which means its stock price is 36% more volatile than the S&P 500. In comparison, Enovis has a beta of 1.97, which means its stock price is 97% more volatile than the S&P 500.

Profitability

This table compares the net margins, return on equity, and return on assets of LogicMark and Enovis.

Institutional and insider ownership

7.9% of LogicMark shares are held by institutional investors. By comparison, 98.5% of Enovis shares are owned by institutional investors. 10.5% of LogicMark shares are owned by insiders. By comparison, 2.4% of Enovis shares are owned by insiders. Strong institutional ownership is an indication that major money managers, hedge funds and endowments believe a company is poised for long-term growth.

Earnings and Valuation

This table compares the revenue, earnings per share and valuation of LogicMark and Enovis.

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

Resume

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

About LogicMark

(Get a free report)

LogicMark, Inc. provides personal emergency response systems (PERS), health communications devices and Internet of Things (IoT) technology that create a connected healthcare platform in the United States. It manufactures and distributes unaudited and audited personal emergency response systems, which are offered through healthcare durable medical equipment and audited security dealers/distributors, and the U.S. Department of Veterans Affairs. The company was previously called Nxt-ID, Inc. and changed the name to LogicMark, Inc. in March 2022. LogicMark, Inc. was founded in 2006 and is based in Louisville, Kentucky.

About Enovis

(Get a free report)

Enovis Corporation operates as a medical technology company focused on developing clinically differentiated solutions worldwide. It also produces and distributes medical devices used for reconstructive surgery, rehabilitation, pain management and physiotherapy. The company operates through the Prevention and Recovery and Reconstruction segments. The Prevention and Recovery segment provides orthopedic solutions and recovery sciences, including rigid and soft orthopedic braces, hot and cold therapy, bone growth stimulators, vascular therapy systems and compression garments, therapeutic shoes and insoles, electrical stimulator management and physiotherapy products used by orthopedic specialists, surgeons , general practitioners, pain management specialists, physiotherapists, podiatrists, chiropractors, sports trainers and other healthcare professionals. The company’s Reconstructive segment operates the surgical implant business, including a range 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.

Receive daily news and reviews for LogicMark – Enter your email address below to receive a daily digest of the latest news and analyst ratings for LogicMark and related companies with MarketBeat.com’s FREE daily email newsletter.