Critical Review: InVivo Therapeutics (NVIV) vs. Its Competitors

InVivo Therapeutics (NASDAQ: NVIV) is one of 79 publicly-traded companies in the “Advanced Medical Equipment & Technology” industry, but how does it contrast to its competitors? We will compare InVivo Therapeutics to related companies based on the strength of its dividends, risk, analyst recommendations, institutional ownership, valuation, earnings and profitability.

Volatility & Risk

InVivo Therapeutics has a beta of 3.2, meaning that its share price is 220% more volatile than the S&P 500. Comparatively, InVivo Therapeutics’ competitors have a beta of 1.25, meaning that their average share price is 25% more volatile than the S&P 500.

Earnings and Valuation

This table compares InVivo Therapeutics and its competitors revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
InVivo Therapeutics N/A -$23.43 million -1.29
InVivo Therapeutics Competitors $2.14 billion $234.27 million -34.81

InVivo Therapeutics’ competitors have higher revenue and earnings than InVivo Therapeutics. InVivo Therapeutics 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.

Profitability

This table compares InVivo Therapeutics and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
InVivo Therapeutics N/A -134.23% -109.16%
InVivo Therapeutics Competitors -315.50% -23.22% -9.55%

Analyst Recommendations

This is a breakdown of current ratings and price targets for InVivo Therapeutics and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
InVivo Therapeutics 0 1 0 0 2.00
InVivo Therapeutics Competitors 272 1886 3384 106 2.59

InVivo Therapeutics presently has a consensus price target of $6.00, suggesting a potential upside of 445.45%. As a group, “Advanced Medical Equipment & Technology” companies have a potential downside of 6.81%. Given InVivo Therapeutics’ higher probable upside, equities analysts clearly believe InVivo Therapeutics is more favorable than its competitors.

Insider & Institutional Ownership

12.8% of InVivo Therapeutics shares are owned by institutional investors. Comparatively, 51.8% of shares of all “Advanced Medical Equipment & Technology” companies are owned by institutional investors. 3.9% of InVivo Therapeutics shares are owned by insiders. Comparatively, 18.2% of shares of all “Advanced Medical Equipment & Technology” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

InVivo Therapeutics competitors beat InVivo Therapeutics on 9 of the 12 factors compared.

About InVivo Therapeutics

InVivo Therapeutics Holdings Corp., formerly Design Source, Inc., is a research and clinical-stage biomaterials and biotechnology company. The Company is engaged in developing and commercializing biopolymer-scaffolding devices for the treatment of spinal cord injuries (SCI). The Company’s approach to treating acute SCIs is based on its investigational Neuro Spinal Scaffold implant, an investigational bioresorbable polymer scaffold that is designed for implantation at the site of injury within a spinal cord contusion and is intended to treat acute spinal cord injury. The Neuro-Spinal Scaffold consists of biocompatible and bioresorbable polymers, which include poly lactic-co-glycolic acid (PLGA) and Poly-L-Lysine (PLL). The Company is also evaluating other technologies and therapeutics that may be complementary to its development of the Neuro-Spinal Scaffold implant. The Company has a clinical development program for acute SCI and a preclinical development program for chronic SCI.

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