Venus Concept (NASDAQ:VERO) vs. Innovative Eyewear (NASDAQ:LUCY) Head to Head Review

Innovative Eyewear (NASDAQ:LUCY – Get Free Report) and Venus Concept (NASDAQ:VERO – Get Free Report) are both small-cap healthcare companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, earnings, valuation, profitability, risk and dividends.

Earnings & Valuation

This table compares Innovative Eyewear and Venus Concept”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Innovative Eyewear $2.66 million 2.74 -$7.59 million ($1.29) -0.65
Venus Concept $58.88 million 0.01 -$47.00 million ($48.84) -0.01

Innovative Eyewear has higher earnings, but lower revenue than Venus Concept. Innovative Eyewear is trading at a lower price-to-earnings ratio than Venus Concept, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

Innovative Eyewear has a beta of 2.74, indicating that its share price is 174% more volatile than the S&P 500. Comparatively, Venus Concept has a beta of -0.06, indicating that its share price is 106% less volatile than the S&P 500.

Profitability

This table compares Innovative Eyewear and Venus Concept’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Innovative Eyewear -225.26% -88.90% -80.34%
Venus Concept -92.76% -1,904.25% -85.22%

Insider and Institutional Ownership

1.0% of Innovative Eyewear shares are held by institutional investors. Comparatively, 87.4% of Venus Concept shares are held by institutional investors. 1.8% of Innovative Eyewear shares are held by company insiders. Comparatively, 28.0% of Venus Concept shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Analyst Ratings

This is a breakdown of current ratings and price targets for Innovative Eyewear and Venus Concept, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Innovative Eyewear 1 1 0 0 1.50
Venus Concept 1 0 0 0 1.00

Summary

Innovative Eyewear beats Venus Concept on 7 of the 12 factors compared between the two stocks.

About Innovative Eyewear

(Get Free Report)

Innovative Eyewear, Inc. develops and sells smart eyeglasses and sunglasses. The company's flagship product is Lucyd Lyte glasses that enable the wearer to listen to music, take and make calls, and use voice assistants to perform various smartphone tasks hands-free. It also offers Vyrb, a social media application that enables the user to receive and send posts through Lucyd Lyte smart glasses with voice. In addition, the company launches an application, Lucyd app for iOS/Android users. It sells its products through various e-commerce, and retail store and distribution channels. Innovative Eyewear, Inc. has a license agreement with Lucyd Ltd. The company was incorporated in 2019 and is headquartered in North Miami, Florida. Innovative Eyewear, Inc. is a subsidiary of Lucyd Ltd.

About Venus Concept

(Get Free Report)

Venus Concept Inc., a medical technology company, develops, commercializes, and delivers minimally invasive and non-invasive medical aesthetic and hair restoration technologies, and related services in the United States and internationally. Its product portfolio includes Venus Legacy, a noninvasive device used in dermatological and general surgical procedures for females; Venus Versa, a multi-application device used in aesthetic and cosmetic procedures; Venus Versa Pro; and Venus Viva and Venus Viva MD, an advanced, portable, and fractional RF system for dermatological procedures requiring ablation and resurfacing of the skin. The company also offers Venus Fiore, a device that delivers non-thermal RF with massage and magnetic field pulses to treat various medical conditions; Venus Bliss and Venus Bliss Max for non-invasive lipolysis of the abdomen, back, thights, and flanks in individuals with a body mass index of 30 or less; Venus Glow, a dermabrasion device used to improve skin appearance; and NeoGraft, an advanced hair restoration technology with an automated FUE and implantation system. In addition, it provides Venus Velocity and Venus Epileve for hair removal, permanent hair reduction, and treatment of pseudofolliculitis barbae; ARTAS iX, a robotic system to assist physicians in identifying and extracting hair follicles units from the scalp during hair transplantation, creating recipient sites, and implanting the harvested hair follicles; and AI.ME an interactive, image-guided, and computer assisted system for fractional skin resurfacing. The company is headquartered in Toronto, Canada.

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