Second Sight Medical Products (NASDAQ: EYES) is one of 19 publicly-traded companies in the “Medical Devices & Implants” industry, but how does it contrast to its competitors? We will compare Second Sight Medical Products to related companies based on the strength of its earnings, dividends, institutional ownership, analyst recommendations, valuation, profitability and risk.

Insider and Institutional Ownership

12.8% of Second Sight Medical Products shares are owned by institutional investors. Comparatively, 54.8% of shares of all “Medical Devices & Implants” companies are owned by institutional investors. 50.9% of Second Sight Medical Products shares are owned by insiders. Comparatively, 11.9% of shares of all “Medical Devices & Implants” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Risk & Volatility

Second Sight Medical Products has a beta of 3.67, suggesting that its stock price is 267% more volatile than the S&P 500. Comparatively, Second Sight Medical Products’ competitors have a beta of 0.47, suggesting that their average stock price is 53% less volatile than the S&P 500.

Profitability

This table compares Second Sight Medical Products and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Second Sight Medical Products -565.12% -184.87% -137.77%
Second Sight Medical Products Competitors -101.23% -92.70% -30.32%

Valuation & Earnings

This table compares Second Sight Medical Products and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Second Sight Medical Products $3.98 million -$33.17 million -2.61
Second Sight Medical Products Competitors $1.67 billion $207.58 million 87.48

Second Sight Medical Products’ competitors have higher revenue and earnings than Second Sight Medical Products. Second Sight Medical Products 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 Recommendations

This is a summary of recent recommendations for Second Sight Medical Products and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Second Sight Medical Products 0 0 1 0 3.00
Second Sight Medical Products Competitors 111 728 1026 10 2.50

Second Sight Medical Products presently has a consensus price target of $5.00, suggesting a potential upside of 199.40%. As a group, “Medical Devices & Implants” companies have a potential upside of 35.89%. Given Second Sight Medical Products’ stronger consensus rating and higher possible upside, equities analysts clearly believe Second Sight Medical Products is more favorable than its competitors.

Summary

Second Sight Medical Products competitors beat Second Sight Medical Products on 7 of the 12 factors compared.

Second Sight Medical Products Company Profile

Second Sight Medical Products, Inc. is engaged in developing, manufacturing and marketing prosthetic devices that restore vision to blind individuals. The Company’s product, the Argus II System, treats outer retinal degenerations, such as retinitis pigmentosa (RP). The Argus II System provides an artificial form of vision that differs from the vision of people with normal sight. It does not restore normal vision and it does not slow or reverse the progression of the disease. The Company’s Argus II System employs electrical stimulation to bypass degenerated photoreceptor cells and to stimulate remaining viable retinal cells thereby inducing visual perception in blind individuals. The Argus II System works by converting video images captured by a miniature camera housed in a patient’s glasses into a series of small electrical pulses that are transmitted wirelessly to an array of electrodes that are implanted on the surface of the retina.

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