Trinity Biotech (NASDAQ:TRIB) & Varex Imaging (NASDAQ:VREX) Critical Comparison

Varex Imaging (NASDAQ:VREXGet Free Report) and Trinity Biotech (NASDAQ:TRIBGet Free Report) are both small-cap healthcare companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, dividends, valuation, profitability, risk, earnings and institutional ownership.

Insider & Institutional Ownership

79.0% of Trinity Biotech shares are held by institutional investors. 4.6% of Varex Imaging shares are held by insiders. Comparatively, 8.2% of Trinity Biotech shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Varex Imaging and Trinity Biotech, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Varex Imaging 0 7 0 0 2.00
Trinity Biotech 1 0 0 0 1.00

Varex Imaging presently has a consensus target price of $16.88, suggesting a potential downside of 8.78%. Given Varex Imaging’s stronger consensus rating and higher possible upside, research analysts clearly believe Varex Imaging is more favorable than Trinity Biotech.

Profitability

This table compares Varex Imaging and Trinity Biotech’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Varex Imaging 2.55% 9.19% 4.13%
Trinity Biotech -70.06% N/A -32.13%

Volatility & Risk

Varex Imaging has a beta of 0.96, indicating that its share price is 4% less volatile than the S&P 500. Comparatively, Trinity Biotech has a beta of 0.74, indicating that its share price is 26% less volatile than the S&P 500.

Valuation and Earnings

This table compares Varex Imaging and Trinity Biotech”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Varex Imaging $844.60 million 0.92 -$70.30 million $0.52 35.58
Trinity Biotech $43.78 million 0.15 -$37.38 million ($44.26) -0.18

Trinity Biotech has lower revenue, but higher earnings than Varex Imaging. Trinity Biotech is trading at a lower price-to-earnings ratio than Varex Imaging, indicating that it is currently the more affordable of the two stocks.

Summary

Varex Imaging beats Trinity Biotech on 10 of the 13 factors compared between the two stocks.

About Varex Imaging

(Get Free Report)

Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers. This segment's products are used in a range of applications, including CT, mammography, oncology, cardiac, surgery, dental, and other diagnostic radiography uses. The Industrial segment designs, develops, manufactures, sells, and services Linatron X-ray linear accelerators, X-ray tubes, digital detectors, high voltage connectors, and coolers for use in security and inspection applications, such as baggage screening at airports, cargo screening at ports and borders, and nondestructive testing, irradiation, and inspection in various applications. The company sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. It has operations in North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Varex Imaging Corporation was incorporated in 2016 and is headquartered in Salt Lake City, Utah.

About Trinity Biotech

(Get Free Report)

Trinity Biotech plc acquires, together with its subsidiaries, develops, acquires, manufactures, and markets medical diagnostic products for the clinical laboratory and point-of-care (POC) segments of the diagnostic market in the Americas and Ireland. The company offers clinical laboratory products, including diagnostic tests and instrumentation, which detects infectious diseases; sexually transmitted diseases consisting of syphilis and herpes; SARS-CoV-2; and epstein barr, measles, mumps, toxoplasmosis, cytomegalovirus, rubella, varicella and other viral pathogens, as well as products for the in-vitro diagnostic testing for haemoglobin A1c used in the monitoring and diagnosis of diabetes, and identifying those who are at a risk of developing diabetes. It also provides laboratory-testing services for Sjogren's syndrome, hearing loss, celiac disease, lupus, rheumatoid arthritis, systemic sclerosis, and other laboratory-testing services for autoimmune disorders. The company develops, manufactures, and sells products in the immunofluorescence assay, enzyme-linked immunosorbent, western blot, and line immunoassay formats; and provides reagent products, such as ACE, bile acids, oxalate, and glucose-6-phosphate dehydrogenase for diagnosis of liver and kidney diseases, as well as haemolytic anaemia. It serves public health authorities, non-governmental organisations, and clinical and reference laboratories through its direct sales force, as well as through a network of independent distributors and strategic partners. Trinity Biotech plc was incorporated in 1992 and is headquartered in Bray, Ireland.

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