Reviewing Ardent Health (NYSE:ARDT) & Revvity (NYSE:RVTY)

by · The Markets Daily

Ardent Health (NYSE:ARDTGet Free Report) and Revvity (NYSE:RVTYGet Free Report) are both medical companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, risk, earnings, valuation, analyst recommendations, dividends and institutional ownership.

Risk & Volatility

Ardent Health has a beta of 0.76, indicating that its stock price is 24% less volatile than the S&P 500. Comparatively, Revvity has a beta of 1.09, indicating that its stock price is 9% more volatile than the S&P 500.

Insider and Institutional Ownership

86.7% of Revvity shares are held by institutional investors. 1.9% of Ardent Health shares are held by company insiders. Comparatively, 0.9% of Revvity shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of current recommendations and price targets for Ardent Health and Revvity, as provided by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Ardent Health25702.36
Revvity110402.20

Ardent Health currently has a consensus target price of $14.21, suggesting a potential upside of 32.33%. Revvity has a consensus target price of $108.33, suggesting a potential downside of 4.62%. Given Ardent Health’s stronger consensus rating and higher possible upside, equities analysts plainly believe Ardent Health is more favorable than Revvity.

Profitability

This table compares Ardent Health and Revvity’s net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Ardent Health2.09%13.85%4.48%
Revvity8.26%8.00%4.83%

Earnings and Valuation

This table compares Ardent Health and Revvity”s revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ardent Health$6.32 billion0.24$135.81 million$0.9511.30
Revvity$2.86 billion4.44$241.20 million$2.0954.34

Revvity has lower revenue, but higher earnings than Ardent Health. Ardent Health is trading at a lower price-to-earnings ratio than Revvity, indicating that it is currently the more affordable of the two stocks.

Summary

Revvity beats Ardent Health on 8 of the 14 factors compared between the two stocks.

About Ardent Health

(Get Free Report)

Ardent Health Partners, Inc. owns and operates a network of hospitals and clinics that provides a range of healthcare services in the United States. It operates acute care hospitals, including rehabilitation hospitals and surgical hospitals. The company was founded in 2001 and is based in Brentwood, Tennessee. Ardent Health Partners, Inc. is a subsidiary of EGI-AM Investments, L.L.C.

About Revvity

(Get Free Report)

Revvity, Inc. provides health sciences solutions, technologies, and services in the Americas, Europe, and Asia, and internationally. The Life Sciences segment provides instruments, reagents, informatics, software, subscriptions, detection, imaging technologies, warranties, training, and services. Its Diagnostics segment provides instruments, reagents, assay platforms, and software products for the early detection of genetic disorders, such as pregnancy and early childhood, as well as infectious disease testing in the diagnostics market. Its products are used for testing and screening genetic abnormalities, disorders, and diseases, including down syndrome, hypothyroidism, muscular dystrophy, infertility, and various metabolic conditions. This segment also develops technologies that enable and support genomic workflows using protein coupled receptor and next-generation DNA sequencing for applications in oncology, immunodiagnostics, and drug discovery. It serves pharmaceutical and biotechnology companies, laboratories, academic and research institutions, public health authorities, private healthcare organizations, doctors, and government agencies under the AutoDELFIA, BACS-on-Beads, BIOCHIPs, Bioo Scientific,BoBs , chemagic, Chitas, DELFIA, DELFIA Xpress, DOPlify, EONIS, EUROArray, EUROIMMUN, EUROLabWorkstation, EUROLINE, EUROPattern, Evolution Evoya, explorer, Fontus, Genoglyphix, GSP, Haoyuan, IDS, IDS-i10 IDS-i10T, IDS-iSYS, iLab, iQ, JANUS, LabChip, LifeCycle, LimsLink, Migele, MultiPROBE, NEXTFLEX, NextPrep, Pannoramic, Panthera Puncher, PG-Seq, PGFind PKamp, PreNAT II, Prime, Protein Clear, ProteinEXact, QSigh, QuantiVac, RONIA, Sciclone, SimplicityChrom, Specimen Gate,Superflex, Symbio, T-SPOT, Touch, Twister, Vanadis, VariSpec, ViaCord VICTOR 2D, and Zephyr brand name. The company was formerly known as PerkinElmer, Inc. and changed its name to Revvity, Inc. in April 2023. Revvity, Inc. was founded in 1937 and is headquartered in Waltham, Massachusetts.