Critical Review: Lucira Health (NASDAQ:LHDX) and Virax Biolabs Group (NASDAQ:VRAX)

Lucira Health (NASDAQ:LHDXGet Rating) and Virax Biolabs Group (NASDAQ:VRAXGet Rating) are both small-cap medical companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, analyst recommendations, profitability, dividends, institutional ownership, earnings and valuation.

Valuation and Earnings

This table compares Lucira Health and Virax Biolabs Group’s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Lucira Health $212.13 million 0.00 -$64.83 million ($3.58) -0.01
Virax Biolabs Group $8,561.00 653.77 -$5.46 million N/A N/A

Virax Biolabs Group has lower revenue, but higher earnings than Lucira Health.

Institutional and Insider Ownership

57.0% of Lucira Health shares are held by institutional investors. Comparatively, 10.6% of Virax Biolabs Group shares are held by institutional investors. 30.4% of Lucira Health shares are held by insiders. Comparatively, 45.1% of Virax Biolabs Group shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Lucira Health and Virax Biolabs Group’s 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%
Virax Biolabs Group N/A N/A N/A

Analyst Ratings

This is a summary of recent recommendations and price targets for Lucira Health and Virax Biolabs Group, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lucira Health 0 0 0 0 N/A
Virax Biolabs Group 0 0 0 0 N/A

Summary

Virax Biolabs Group beats Lucira Health on 6 of the 8 factors compared between the two stocks.

About Lucira Health

(Get Rating)

Lucira Health, Inc., a medical technology company, focuses on the development and commercialization of infectious disease test kits. It develops a testing platform that produces molecular testing services. The company offers LUCIRA COVID-19 All-In-One Test Kit, a COVID-19 test kit; and develops influenza A and B viruses test kits. It has a patent license agreement with Eiken Chemical Co., Ltd.; technical services agreement with Jabil, Inc.; and manufacturing services agreement with Jabil MSA. The company was formerly known as DiAssess Inc. and changed its name to Lucira Health, Inc. in January 2020. Lucira Health, Inc. was incorporated in 2013 and is headquartered in Emeryville, California.

About Virax Biolabs Group

(Get Rating)

Virax Biolabs Group Limited, a biotechnology company, sells, distributes, and markets diagnostics test kits for the prevention, detection, diagnosis, and risk management of viral diseases in the field of immunology. The company provides rapid antibody IgC/IgM tests, antigen tests, polymerase chain reaction rapid tests, and neutralizing antibody tests under the ViraxClear brand name. It also develops T-Cell IVD test kit for COVID-19, which intend to adapt for immunological profiling against multiple viral threats under the ViraxImmune Brand, as well as a proprietary mobile application for ViraxImmune that presents an individual's immunological profiling data and provide advice on the users' immune system. It serves clinics, pharmacies, laboratories, hospitals, and other groups, as well as corporations, pharmaceutical companies, research institutions, hospital systems, and public and private institutions. The company operates in Europe, South America, the Asia Pacific, Sub-Saharan Africa, and internationally. The company was formerly known as Virax Biolabs (Cayman) Limited and changed its name to Virax Biolabs Group Limited in September 2021. Virax Biolabs Group Limited was incorporated in 2021 and is headquartered in London, the United Kingdom.

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