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Financial Comparison: Lucira Health (LHDXQ) Versus Its Competitors

Defense World ·  Apr 21, 2023 01:25

Lucira Health (NASDAQ:LHDXQ – Get Rating) is one of 41 public companies in the "Diagnostic substances" industry, but how does it compare to its competitors? We will compare Lucira Health to related companies based on the strength of its analyst recommendations, risk, profitability, earnings, valuation, dividends and institutional ownership.

Valuation & Earnings

This table compares Lucira Health and its competitors gross revenue, earnings per share (EPS) and valuation.

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Gross Revenue Net Income Price/Earnings Ratio
Lucira Health $93.06 million -$64.83 million -0.03
Lucira Health Competitors $480.73 million $10.72 million -53.50

Lucira Health's competitors have higher revenue and earnings than Lucira Health. Lucira Health is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a breakdown of current recommendations for Lucira Health and its competitors, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lucira Health 0 0 0 0 N/A
Lucira Health Competitors 363 627 1234 19 2.41

As a group, "Diagnostic substances" companies have a potential upside of 36.65%. Given Lucira Health's competitors higher possible upside, analysts plainly believe Lucira Health has less favorable growth aspects than its competitors.

Insider & Institutional Ownership

57.0% of Lucira Health shares are held by institutional investors. Comparatively, 46.6% of shares of all "Diagnostic substances" companies are held by institutional investors. 30.4% of Lucira Health shares are held by insiders. Comparatively, 14.0% of shares of all "Diagnostic substances" companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Risk & Volatility

Lucira Health has a beta of 3.36, indicating that its stock price is 236% more volatile than the S&P 500. Comparatively, Lucira Health's competitors have a beta of 1.37, indicating that their average stock price is 37% more volatile than the S&P 500.

Profitability

This table compares Lucira Health and its competitors' net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Lucira Health -67.54% -13.55% -8.47%
Lucira Health Competitors -802.63% -114.28% -27.57%

Summary

Lucira Health beats its competitors on 7 of the 10 factors compared.

Lucira Health Company Profile

(Get Rating)

Lucira Health Inc. is a medical technology company. It is focused on the development and commercialization of transformative and infectious disease test kits. Lucira Health Inc. is based in Emeryville, California.

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