Analyzing Eargo (EAR) and Its Peers

Eargo (NASDAQ: EAR) is one of 40 publicly-traded companies in the “Surgical appliances & supplies” industry, but how does it weigh in compared to its peers? We will compare Eargo to similar businesses based on the strength of its earnings, risk, analyst recommendations, valuation, institutional ownership, profitability and dividends.

Insider and Institutional Ownership

47.6% of Eargo shares are owned by institutional investors. Comparatively, 54.6% of shares of all “Surgical appliances & supplies” companies are owned by institutional investors. 9.0% of shares of all “Surgical appliances & supplies” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Eargo and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Eargo 0 0 4 0 3.00
Eargo Competitors 300 1214 2127 84 2.54

Eargo currently has a consensus target price of $45.33, indicating a potential upside of 19.33%. As a group, “Surgical appliances & supplies” companies have a potential upside of 2.70%. Given Eargo’s stronger consensus rating and higher probable upside, analysts clearly believe Eargo is more favorable than its peers.

Earnings & Valuation

This table compares Eargo and its peers revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Eargo $69.15 million -$39.85 million -10.00
Eargo Competitors $1.11 billion $144.99 million 21.41

Eargo’s peers have higher revenue and earnings than Eargo. Eargo is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Eargo and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Eargo N/A N/A N/A
Eargo Competitors -217.15% -60.23% -13.89%

Eargo Company Profile

Eargo, Inc., a medical device company, develops and sells hearing aids to assist people with hearing loss in the United States. It sells its products through online stores. The company was formerly known as Aria Innovations, Inc. and changed its name to Eargo, Inc. in November 2014. Eargo, Inc. was founded in 2010 and is headquartered in San Jose, California.

Receive News & Ratings for Eargo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eargo and related companies with MarketBeat.com's FREE daily email newsletter.