Comparison between Azenta (NASDAQ:AZTA) and Desktop Metal (NYSE:DM)

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Azenta (NASDAQ:AZTA – Get Rating) and Desktop Metal (NYSE:DM – Get Rating) are both medical companies, but which is the best investment? We will compare the two companies based on the strength of their analyst recommendations, earnings, institutional ownership, profitability, valuation, dividends and risk.

Risk and Volatility

Azenta has a beta of 1.65, suggesting its stock price is 65% more volatile than the S&P 500. Desktop Metal, in comparison, has a beta of 0.69, suggesting its stock price is 31% less volatile than the S&P 500.

Profitability

This table compares the net margins, return on equity and return on assets of Azenta and Desktop Metal.

Net margins Return on equity return on assets
Azenta 301.05% 4.28% 3.33%
Metal desk -173.46% -14.59% -13.30%

Analyst Notes

This is a summary of the current ratings and target prices for Azenta and Desktop Metal, as reported by MarketBeat.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
Azenta 0 0 3 0 3.00
Metal desk 0 3 3 0 2.50

Azenta currently has a consensus price target of $96.00, suggesting a potential upside of 38.57%. Desktop Metal has a consensus price target of $10.25, suggesting a potential upside of 445.21%. Considering Desktop Metal’s possible higher upside, analysts clearly believe that Desktop Metal is more favorable than Azenta.

Institutional and Insider Ownership

94.0% of Azenta shares are held by institutional investors. By comparison, 39.2% of Desktop Metal’s shares are held by institutional investors. 1.6% of Azenta shares are held by insiders. By comparison, 16.8% of Desktop Metal’s stock is held by insiders. Strong institutional ownership indicates that hedge funds, endowments, and large fund managers believe a stock is poised for long-term growth.

Benefits and evaluation

This chart compares revenue, earnings per share, and valuation of Azenta and Desktop Metal.

Gross revenue Price/sales ratio Net revenue Earnings per share Price/earnings ratio
Azenta $513.70 million 10.11 $110.75 million $29.55 2.34
Metal desk $112.41 million 5.24 -$240.33 million ($0.90) -2.09

Azenta has higher revenue and profit than Desktop Metal. Desktop Metal trades at a lower price-to-earnings ratio than Azenta, indicating that it is currently the more affordable of the two stocks.

Summary

Azenta beats Desktop Metal on 11 out of 13 factors compared between the two stocks.

About Azenta (Get a rating)

Azenta, Inc. provides manufacturing automation solutions for the semiconductor industry, as well as sample-based life science services and solutions for the global life science market. The Company operates in two segments, Life Science Products and Life Science Services. The Life Sciences Products segment offers automated ultracold storage systems and consumables, including racks, tubes, caps, plates and sheets; instruments, such as labeling, barcoding, capping, decapping, auditing, sealing, peeling, tube and plate piercing. The Life Sciences Services segment offers genomics services and sample storage solutions, including onsite and offsite sample storage, cold chain logistics, sample transportation and movement, bioprocessing, disaster recovery and business continuity, and biological sample sourcing services, as well as project management and consulting; and IT provides sample intelligence software solutions, which support laboratory workflow planning for life science tools and instrument work cells, samples, inventory and logistics, environmental and temperature monitoring, clinical trial and consent management, and planning, data management, virtualization and visualization of sample collections. The company was formerly known as Brooks Automation, Inc. and changed its name to Azenta, Inc. in December 2021. Azenta, Inc. was founded in 1978 and is headquartered in Chelmsford, Massachusetts.

About Desktop Metal (Get a rating)

Metal office logoDesktop Metal, Inc. is dedicated to manufacturing and selling additive manufacturing technologies for engineers, designers and makers in the Americas, Europe, Middle East, Africa and Asia-Pacific. The company offers Production System, an industrial manufacturing solution; Shop System, a mid-volume binder jetting platform; X-Series platform for mass production of metal, ceramic or composite 3D printed parts by binder jetting, balancing speed and quality; and Studio System, a desktop metal 3D printing system; and the Fiber platform which offers a desktop 3D printer. In addition, it provides the Xtreme 8K platform, designed for high-temperature industrial production of end-use photopolymer parts, and uses high-power light sources with a water-cooled DLP chip; the Einstein series, designed for dental professionals that offers 3D printing; The P4K platform offers a series of advanced DLP printer models designed for volume production in precision applications; Envision One platform; which leverages patented CDLM technology for high-volume production of end-use photopolymer parts; D4K Pro platform, designed for jewelry and chairside settings; the S-Max platform, which provides a digital casting solution; and Robotic Additive Manufacturing, or RAM, a platform that offers robotic 3D printing solutions. Additionally, the company offers S-Print, an entry-level solution for prototyping and small-batch production in digital casting applications; and the 3D-Bioplotter platform which offers a biofabrication solution. In addition, the Company provides binder jetting materials, DLP and CDLM photopolymer resins, BMD materials, micro-AFP materials and bioprinting materials. It serves the automotive, aerospace, healthcare and dental, consumer products, heavy industry, machine design, and research and development industries. The company was founded in 2015 and is based in Burlington, Massachusetts.



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