Reviewing Nexalin Technology (NXL) and The Competition

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

Volatility and Risk

Nexalin Technology has a beta of 5.13, indicating that its stock price is 413% more volatile than the S&P 500. Comparatively, Nexalin Technology’s competitors have a beta of 12.16, indicating that their average stock price is 1,116% more volatile than the S&P 500.

Profitability

This table compares Nexalin Technology and its competitors’ 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%	-47.47%	-5.34%

Institutional & Insider Ownership

0.7% 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, 14.9% of shares of all “Electromedical equipment” companies are owned by company 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.

Valuation and Earnings

This table compares Nexalin Technology and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Nexalin Technology	$110,000.00	-$4.65 million	-2.56
Nexalin Technology Competitors	$966.82 million	$78.60 million	-8.66

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

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Nexalin Technology and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nexalin Technology	0	0	0	0	N/A
Nexalin Technology Competitors	252	769	2037	101	2.63

As a group, “Electromedical equipment” companies have a potential upside of 24.65%. Given Nexalin Technology’s competitors higher probable upside, analysts plainly believe Nexalin Technology has less favorable growth aspects than its competitors.

Summary

Nexalin Technology competitors 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.