Financial Review: TearLab Corporation (TEAR) and LightPath Technologies (LPTH)
LightPath Technologies (NASDAQ: LPTH) and TearLab Corporation (OTCMKTS:TEAR) are both small-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, dividends, analyst recommendations, valuation, profitability, risk and institutional ownership.
Valuation & Earnings
This table compares LightPath Technologies and TearLab Corporation’s gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||NetIncome||Earnings Per Share||Price/Earnings Ratio|
|LightPath Technologies||$28.37 million||2.31||$7.70 million||$0.31||8.61|
|TearLab Corporation||$28.01 million||0.15||-$19.92 million||($2.98)||-0.24|
Insider and Institutional Ownership
31.1% of LightPath Technologies shares are held by institutional investors. Comparatively, 19.5% of TearLab Corporation shares are held by institutional investors. 12.7% of LightPath Technologies shares are held by company insiders. Comparatively, 12.0% of TearLab Corporation shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
This is a summary of recent ratings and recommmendations for LightPath Technologies and TearLab Corporation, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
LightPath Technologies presently has a consensus target price of $2.80, suggesting a potential upside of 4.87%. TearLab Corporation has a consensus target price of $5.75, suggesting a potential upside of 693.10%. Given TearLab Corporation’s higher probable upside, analysts plainly believe TearLab Corporation is more favorable than LightPath Technologies.
Risk and Volatility
LightPath Technologies has a beta of -0.49, suggesting that its share price is 149% less volatile than the S&P 500. Comparatively, TearLab Corporation has a beta of 2.92, suggesting that its share price is 192% more volatile than the S&P 500.
This table compares LightPath Technologies and TearLab Corporation’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
LightPath Technologies beats TearLab Corporation on 9 of the 12 factors compared between the two stocks.
LightPath Technologies Company Profile
LightPath Technologies, Inc. is a manufacturer and integrator of families of precision molded aspheric optics, fiber-optic collimator, GRADIUM glass lenses and other optical materials used to produce products that manipulate light. The Company designs, develops, manufactures and distributes optical components and assemblies utilizing the optical processes and manufacturing technologies. The Company also performs research and development for optical solutions for the traditional optics markets and communications markets. The Company’s products are incorporated into a range of applications by its customers in various industries, including defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunications, machine vision and sensors.
TearLab Corporation Company Profile
TearLab Corporation is an in-vitro diagnostic company. The Company has commercialized a tear testing platform, the TearLab Osmolarity System, which enables eye care practitioners to test for sensitive and specific biomarkers using nanoliters of tear film at the point-of-care. The Company, through its subsidiary TearLab Research, Inc., develops technologies to enable eye care practitioners to test a range of biomarkers (chemistries, metabolites, genes and proteins) at the point-of-care. Its product, the TearLab Osmolarity System, enables the measurement of tear osmolarity in the doctor’s office. The TearLab Osmolarity System consists of approximately three components: the TearLab disposable, the TearLab Pen, and the TearLab Reader. The TearLab disposable is a single-use microfluidic microchip. The TearLab Pen is a hand-held device that interfaces with the TearLab disposable. The TearLab Reader is a small desktop unit that allows for the docking of the TearLab Pen.
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