Tenon Medical (NASDAQ:TNON – Get Rating) is one of 229 public companies in the “Surgical & medical instruments” industry, but how does it contrast to its peers? We will compare Tenon Medical to similar businesses based on the strength of its risk, profitability, earnings, valuation, dividends, institutional ownership and analyst recommendations.
Institutional & Insider Ownership
7.6% of Tenon Medical shares are owned by institutional investors. Comparatively, 45.1% of shares of all “Surgical & medical instruments” companies are owned by institutional investors. 11.6% of Tenon Medical shares are owned by insiders. Comparatively, 14.5% of shares of all “Surgical & medical instruments” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Analyst Ratings
This is a breakdown of recent ratings for Tenon Medical and its peers, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Tenon Medical | 0 | 0 | 1 | 0 | 3.00 |
| Tenon Medical Competitors | 1023 | 3636 | 7839 | 183 | 2.57 |
Valuation and Earnings
This table compares Tenon Medical and its peers revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Tenon Medical | $690,000.00 | -$18.92 million | -0.41 |
| Tenon Medical Competitors | $1.12 billion | $54.73 million | -3.25 |
Tenon Medical’s peers have higher revenue and earnings than Tenon Medical. Tenon Medical is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Profitability
This table compares Tenon Medical and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Tenon Medical | -2,737.63% | -653.61% | -147.49% |
| Tenon Medical Competitors | -495.28% | -105.70% | -25.30% |
Summary
Tenon Medical peers beat Tenon Medical on 8 of the 12 factors compared.
Tenon Medical Company Profile
Tenon Medical, Inc., a medical device company, develops surgical implant systems to optimize sacroiliac joint fixation/fusion surgery and corresponding outcomes. It sells The CATAMARAN SIJ Fusion System that includes instruments and implants designed to prepare and fixate the SI-Joint for fusion in the United States and Puerto Rico. The company was founded in 2012 and is based in Los Gatos, California.
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