Nexalin Technology (NXL) & Its Competitors Critical Review

Nexalin Technology (NASDAQ:NXL) is one of 76 publicly-traded companies in the “Electromedical equipment” industry, but how does it weigh in compared to its peers? We will compare Nexalin Technology to related businesses based on the strength of its analyst recommendations, dividends, earnings, institutional ownership, risk, valuation and profitability.

Institutional & Insider Ownership

0.6% of Nexalin Technology shares are owned by institutional investors. Comparatively, 45.1% of shares of all “Electromedical equipment” companies are owned by institutional investors. 27.7% of Nexalin Technology shares are owned by company insiders. Comparatively, 15.2% of shares of all “Electromedical equipment” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Volatility and Risk

Nexalin Technology has a beta of 5.53, suggesting that its stock price is 453% more volatile than the S&P 500. Comparatively, Nexalin Technology’s peers have a beta of 12.22, suggesting that their average stock price is 1,122% more volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Nexalin Technology	-3,088.12%	-154.84%	-122.94%
Nexalin Technology Competitors	-152.14%	-47.46%	-5.34%

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Nexalin Technology	$158,859.00	-$4.65 million	-2.12
Nexalin Technology Competitors	$984.65 million	$82.19 million	-8.54

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

Analyst Ratings

This is a summary of current ratings and target prices for Nexalin Technology and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nexalin Technology	0	0	0	0	N/A
Nexalin Technology Competitors	254	771	2038	101	2.63

As a group, “Electromedical equipment” companies have a potential upside of 28.31%. Given Nexalin Technology’s peers higher probable upside, analysts clearly believe Nexalin Technology has less favorable growth aspects than its peers.

Summary

Nexalin Technology peers beat Nexalin Technology on 8 of the 10 factors compared.

Nexalin Technology Company Profile

Nexalin Technology, Inc., a medical device company, designs and develops neurostimulation products for the treatment of mental health in the United States and China. The company designs and develops Generation 2 and Generation 3, that is in clinical trials for the treatment of substance abuse issues related to opiate, cocaine, alcohol abuse, alzheimer's disease, and dementia. It also licenses and sells Nexalin Device, a non-invasive and undetectable to the human body that can provide relief to its afflicted with mental health issues. The company is based in Houston, Texas.