Head-To-Head Review: Nano-X Imaging (NASDAQ:NNOX) versus Hitek Global (NASDAQ:HKIT)

Nano-X Imaging (NASDAQ:NNOX) and Hitek Global (NASDAQ:HKIT) are both small-cap business services companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, risk, valuation, institutional ownership, profitability, analyst recommendations and dividends.

Insider and Institutional Ownership

21.5% of Nano-X Imaging shares are owned by institutional investors. Comparatively, 1.2% of Hitek Global shares are owned by institutional investors. 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.

Profitability

This table compares Nano-X Imaging and Hitek Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nano-X Imaging	-790.87%	-64.65%	-57.27%
Hitek Global	N/A	N/A	N/A

Analyst Recommendations

This is a summary of current ratings for Nano-X Imaging and Hitek Global, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nano-X Imaging	2	0	1	3	2.83
Hitek Global	1	0	0	0	1.00

Nano-X Imaging currently has a consensus target price of $5.00, suggesting a potential upside of 160.42%. Given Nano-X Imaging’s stronger consensus rating and higher probable upside, research analysts clearly believe Nano-X Imaging is more favorable than Hitek Global.

Valuation & Earnings

This table compares Nano-X Imaging and Hitek Global”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Nano-X Imaging	$13.02 million	10.26	-$75.02 million	($1.59)	-1.21
Hitek Global	$6.54 million	0.04	$180,000.00	N/A	N/A

Hitek Global has lower revenue, but higher earnings than Nano-X Imaging.

Volatility and Risk

Nano-X Imaging has a beta of 1.21, meaning that its share price is 21% more volatile than the S&P 500. Comparatively, Hitek Global has a beta of 0.8, meaning that its share price is 20% less volatile than the S&P 500.

Summary

Nano-X Imaging beats Hitek Global on 8 of the 12 factors compared between the two stocks.

About Nano-X Imaging

Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode. The company's solutions include Nanox Multi Source System comprising Nanox.ARC, a medical tomographic imaging system incorporating its digital X-ray source, and Nanox. CLOUD, a platform which employs a matching engine to match medical images to radiologists that provides image repository, connectivity to diagnostic assistive AI systems, billing, and reporting. It also offers Nanox.MARKETPLACE, which connects imaging facilities with radiologists and enables radiologists to provide, as well as customers to obtain remote interpretations of imaging data; artificial intelligence (AI)-based software imaging solutions to hospitals, health maintenance organizations, integrated delivery networks, pharmaceutical companies, and insurers that are designed to identify or predict undiagnosed or underdiagnosed medical conditions through the mining of data included in images of existing computed tomography scans for osteoporosis and cardiovascular disease; Teleradiology Services, which provide imaging interpretation services for radiology practices, hospitals, medical clinics, diagnostic imaging centers, urgent care facilities; and multi-specialty physician groups, contracts, and radiology readings. The company is headquartered in Petach Tikva, Israel.

About Hitek Global

Hitek Global Inc. provides information technology (IT) consulting and solutions to small and medium businesses in various industry sectors in China. It offers anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells software and hardware to large businesses, such as laptops, printers, desktop computers, and related accessories, as well as Internet servers, cameras, and monitors. The company was founded in 1996 and is headquartered in Xiamen, China.