Critical Analysis: MSA Safety (NYSE:MSA) & Envoy Medical (NASDAQ:COCH)

Envoy Medical (NASDAQ:COCH) and MSA Safety (NYSE:MSA) are both medical companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, earnings, profitability, analyst recommendations, institutional ownership, valuation and dividends.

Institutional and Insider Ownership

8.6% of Envoy Medical shares are owned by institutional investors. Comparatively, 92.5% of MSA Safety shares are owned by institutional investors. 60.5% of Envoy Medical shares are owned by company insiders. Comparatively, 6.2% of MSA Safety shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of recent ratings and price targets for Envoy Medical and MSA Safety, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Envoy Medical	0	0	4	0	3.00
MSA Safety	0	1	1	2	3.25

Envoy Medical presently has a consensus target price of $8.00, suggesting a potential upside of 308.16%. MSA Safety has a consensus target price of $205.00, suggesting a potential upside of 17.54%. Given Envoy Medical’s higher possible upside, analysts clearly believe Envoy Medical is more favorable than MSA Safety.

Earnings and Valuation

This table compares Envoy Medical and MSA Safety”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Envoy Medical	$320,000.00	124.03	-$29.91 million	N/A	N/A
MSA Safety	$1.79 billion	3.84	$58.58 million	$6.92	25.20

MSA Safety has higher revenue and earnings than Envoy Medical.

Profitability

This table compares Envoy Medical and MSA Safety’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Envoy Medical	-7,607.55%	N/A	-262.28%
MSA Safety	15.16%	29.14%	13.45%

Risk and Volatility

Envoy Medical has a beta of 2.23, meaning that its stock price is 123% more volatile than the S&P 500. Comparatively, MSA Safety has a beta of 0.99, meaning that its stock price is 1% less volatile than the S&P 500.

Summary

MSA Safety beats Envoy Medical on 8 of the 13 factors compared between the two stocks.

About Envoy Medical

Envoy Medical, Inc., a hearing health company, provides medical technologies for the hearing loss spectrum. Its products include personal sound amplification devices; hearing aids; Esteem fully implanted active middle ear implants; auditory osseointegrated implants; and Acclaim cochlear implants. The company was formerly known as Envoy Medical Corporation and changed its name to Envoy Medical, Inc. in September 2023. Envoy Medical, Inc. was founded in 1995 and is headquartered in White Bear Lake, Minnesota.

About MSA Safety

MSA Safety Incorporated develops, manufactures, and supplies safety products and technology solutions that protect people and facility infrastructures in the fire service, energy, utility, construction, and industrial manufacturing applications, as well as heating, ventilation, air conditioning, and refrigeration industries worldwide. The company's core product offerings include fixed gas and flame detection systems, such as gas detection monitoring systems, and flame detectors and open-path infrared gas detectors; breathing apparatus products, including self-contained breathing apparatus; hand-held portable gas detection instruments to detect the presence or absence of various gases in the air; industrial head protection products; firefighter helmets and protective apparel; and fall protection equipment, such as confined space equipment, harnesses, lanyards, and self-retracting lifelines, as well as engineered systems. In addition, the company offers air-purifying respirators, eye and face protection products, ballistic helmets, and gas masks. It serves distributors and end-users through indirect and direct sales channels. The company offers its products under the V-Gard, Cairns, and Gallet brand names. MSA Safety Incorporated was founded in 1914 and is based in Cranberry Township, Pennsylvania.