LogicMark (NASDAQ:LGMK – Get Rating) is one of 49 public companies in the “Surgical appliances & supplies” industry, but how does it contrast to its competitors? We will compare LogicMark to related businesses based on the strength of its analyst recommendations, institutional ownership, risk, earnings, dividends, profitability and valuation.
Institutional & Insider Ownership
7.7% of LogicMark shares are owned by institutional investors. Comparatively, 42.2% of shares of all “Surgical appliances & supplies” companies are owned by institutional investors. 3.6% of LogicMark shares are owned by insiders. Comparatively, 13.6% of shares of all “Surgical appliances & supplies” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Volatility and Risk
LogicMark has a beta of 1.9, suggesting that its share price is 90% more volatile than the S&P 500. Comparatively, LogicMark’s competitors have a beta of 0.86, suggesting that their average share price is 14% less volatile than the S&P 500.
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| LogicMark | -58.10% | -29.93% | -24.82% |
| LogicMark Competitors | -304.43% | -117.01% | -25.74% |
Earnings & Valuation
This table compares LogicMark and its competitors revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| LogicMark | $11.92 million | -$6.93 million | -0.17 |
| LogicMark Competitors | $1.21 billion | $110.38 million | 3.87 |
LogicMark’s competitors have higher revenue and earnings than LogicMark. LogicMark is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Analyst Ratings
This is a summary of recent ratings and target prices for LogicMark and its competitors, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| LogicMark | 0 | 0 | 0 | 0 | N/A |
| LogicMark Competitors | 301 | 1088 | 2264 | 82 | 2.57 |
As a group, “Surgical appliances & supplies” companies have a potential upside of 17.99%. Given LogicMark’s competitors higher probable upside, analysts plainly believe LogicMark has less favorable growth aspects than its competitors.
Summary
LogicMark competitors beat LogicMark on 6 of the 10 factors compared.
LogicMark Company Profile
LogicMark, Inc. provides technology products and services for healthcare applications that enable the Internet of Things (IoT). It operates business in one segment-hardware and software security systems and applications. The firm develops and markets solutions for payment and IoT applications. Its technology products and solutions include MobileBio, a suite of biometric solutions that secure consumers’ mobile platforms, the Wocket, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures. The company was founded by Gino Miguel Pereira and David Charles Tunnell on February 8, 2012 and is headquartered Louisville, KY.
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