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Comparing TriSalus Life Sciences (NASDAQ:TLSI) and Utah Medical Products (NASDAQ:UTMD)

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Comparing TriSalus Life Sciences (NASDAQ:TLSI) and Utah Medical Products (NASDAQ:UTMD)



TriSalus Life Sciences (NASDAQ:TLSI – Get Free Report) and Utah Medical Products (NASDAQ:UTMD – Get Free Report) are both small-cap medical companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, dividends, analyst recommendations, risk, institutional ownership, earnings and valuation.

Profitability

This table compares TriSalus Life Sciences and Utah Medical Products’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
TriSalus Life Sciences N/A N/A -221.65%
Utah Medical Products 33.40% 13.06% 12.30%

Risk & Volatility

TriSalus Life Sciences has a beta of 0.55, meaning that its stock price is 45% less volatile than the S&P 500. Comparatively, Utah Medical Products has a beta of 0.14, meaning that its stock price is 86% less volatile than the S&P 500.

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Analyst Recommendations

This is a summary of recent ratings and recommmendations for TriSalus Life Sciences and Utah Medical Products, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TriSalus Life Sciences 0 0 3 0 3.00
Utah Medical Products 0 0 0 0 N/A

TriSalus Life Sciences presently has a consensus target price of $13.33, indicating a potential upside of 129.10%. Given TriSalus Life Sciences’ higher probable upside, research analysts plainly believe TriSalus Life Sciences is more favorable than Utah Medical Products.

Earnings & Valuation

This table compares TriSalus Life Sciences and Utah Medical Products’ gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
TriSalus Life Sciences $21.98 million 7.19 -$59.04 million N/A N/A
Utah Medical Products $50.22 million 4.68 $16.64 million $4.50 14.79

Utah Medical Products has higher revenue and earnings than TriSalus Life Sciences.

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Institutional and Insider Ownership

2.6% of TriSalus Life Sciences shares are held by institutional investors. Comparatively, 69.6% of Utah Medical Products shares are held by institutional investors. 76.2% of TriSalus Life Sciences shares are held by insiders. Comparatively, 6.6% of Utah Medical Products shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Utah Medical Products beats TriSalus Life Sciences on 6 of the 11 factors compared between the two stocks.

About TriSalus Life Sciences

(Get Free Report)

TriSalus Life Sciences, Inc., a medical technology company, researches, develops, and sells drug delivery technologies and immune-oncology therapeutics for the treatment of liver and pancreatic cancer. The company offers Pressure Enabled Drug Delivery infusion systems, such as the TriNav infusion system, which is used in transarterial radioembolization and chemoembolization procedures for patients with liver cancer and metastases; and the Pancreatic Retrograde Venous Infusion device, which is in Phase 1 clinical trial, for locally advanced pancreatic cancer. It also develops nelitolimod, an investigational immunotherapeutic in Phase 1 clinical trial for the treatment of uveal melanoma with liver metastases, hepatocellular carcinoma, intrahepatic cholangiocarcinoma, and locally advanced pancreatic ductal adenocarcinoma. The company serves interventional radiologists, IR technicians, medical oncologists, nursing support, value analysis committee staff, and patients through its sales representatives and sales managers. TriSalus Life Sciences, Inc. was founded in 2009 and is headquartered in Westminster, Colorado.

About Utah Medical Products

(Get Free Report)

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Utah Medical Products, Inc. develops, manufactures, and distributes medical devices for the healthcare industry worldwide. It offers fetal monitoring accessories, vacuum-assisted delivery systems, and other labor and delivery tools; DISPOSA-HOOD infant respiratory hoods; and DELTRAN PLUS blood pressure monitoring systems. It also provides GESCO, an umbilical vessel catheters, including DIALY-NATE disposable peritoneal dialysis sets; PALA-NATE silicone oral protection devices; URI-CATH urinary drainage systems; NUTRI-CATHNUTRI-LOK feeding device; PICC-NATE, a percutaneous intraepithelial central venous catheter; MYELO-NATE lumbar sampling kits; HEMO-NATE disposable filters; and catheterization procedure tray of instruments and supplies. In addition, the company offers LETZ system to excise cervical intraepithelial neoplasia and other lower genital tract lesions; loop, ball, and needle electrodes; FILTRESSE evacuators; other specialty electrodes and supplies, and gynecologic tools; Femcare trocars, cannulae, laparoscopic instruments, and accessories; and EPITOME and OptiMicro electrosurgical devices. Further, it provides Filshie Clip female surgical contraception devices; PATHFINDER PLUS, an endoscopic irrigation devices; suprapubic catheterization; LIBERTY, an urinary incontinence treatment and control systems; ENDOCURETTE, a curette for uterine endometrial tissue sampling; TVUS/HSG-Cath to assess abnormal or dysfunctional uterine bleeding and other abnormalities of uterus; and LUMIN, a tool to manipulate the uterus in laparoscopic procedures. Additionally, it offers DELTRAN, a disposable pressure transducer; high-pressure and piezo-resistive transducer assemblies; and pressure monitoring accessories, components, and other molded parts. It serves neonatal intensive care units, labor and delivery departments, women’s health centers in hospitals, outpatient clinics, and physician’s offices. The company was incorporated in 1978 and is headquartered in Midvale, Utah.



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Utah

As the Youth Group Hiked, First Came the Rain. Then Came the Lightning

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As the Youth Group Hiked, First Came the Rain. Then Came the Lightning


Seven members of a youth group hiking in Utah were transported to hospitals on Thursday after lightning struck the ground near them. The Church of Jesus Christ of Latter-day Saints youth group from Salina, Utah, were in the eastern part of Sevier County around 1:45pm local time when a light rain began and the lightning hit, Sevier County Sheriff Nathan Curtis said in a statement. “Approximately 50 youth felt the shock of the lightning,” Curtis said, adding that seven of the young people had “medical concerns due to the electrocution,” per the AP.

Two of the victims had serious symptoms and were flown by helicopter to Primary Children’s Hospital in Lehi, Utah. Five others were transported by ambulance to Sevier Valley Hospital in Richfield and Gunnison Valley Hospital in Gunnison, Curtis said. None of the injuries were considered life-threatening, according to Curtis, who said the other hikers were returned to their families in Salina, about 140 miles south of Salt Lake City. (A man trying to warn kids was killed by a lightning strike on a New Jersey beach.)

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7 Church youth group members hospitalized after lightning strikes Utah hiking area

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7 Church youth group members hospitalized after lightning strikes Utah hiking area


SEVIER COUNTY, Utah – Seven members of a youth group from the Church of Jesus Christ of Latter-day Saints were hospitalized Thursday after lightning struck near their hiking trail in south-central Utah.

The Sevier County Sheriff’s Office said a group of around 50 members were near an area known as Fremont Junction when the sudden rainstorm happened around 1:45 p.m. local time.

“Two of the youth were experiencing some serious symptoms and were flown via medical helicopter to Primary children’s hospital in Lehi. The rest of the youth were taken to Gunnison hospital and Sevier Valley Hospital,” deputies stated.

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All of the injuries were thought to be non-life threatening, and the rest of the members were transported safely off the hiking trail.

SOUTHWEST MONSOON SEASON SHOWS SIGNS OF LIFE AFTER SLUGGISH START

Authorities praised the swift response of multiple agencies involved in the remote rescue operation.

The thunderstorm that triggered the rainfall and the lightning us part of an uptick of the monsoon season that has been scarce across the region.

The Southwest monsoon season typically kicks off around June 15 and lasts through late September, but its activity varies dramatically year by year.

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Some communities in Arizona, New Mexico, Utah and West Texas see half of their annual precipitation during these months, which is vital for the replenishment of waterways.

Lightning often accompanies the strongest storms, which can spark wildfires where dry vegetation exists.

LIGHTNING FATALITIES WERE SECOND-LOWEST ON RECORD IN 2023, SAFETY COUNCIL SAYS

Every year, hundreds of millions of lightning bolts occur throughout the U.S. but only a handful become deadly.

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Data compiled by the National Lightning Safety Council shows fishing is one of the top activities where most deaths occur.

In 2023, 14 people were killed by lightning strikes, with many taking part in outdoor sporting activities when thunder roared.



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How the SCOTUS ruling on Idaho’s emergency abortion ban will affect patient transfers to Utah

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How the SCOTUS ruling on Idaho’s emergency abortion ban will affect patient transfers to Utah


SALT LAKE CITY — The United States Supreme Court sidestepped a decision Thursday on whether federal law requires states to provide pregnancy terminations in medical emergencies even in cases where the procedure would otherwise be illegal.

Instead, the court’s opinion – which stems from Idaho’s near-total abortion ban – kicked the legal questions surfaced in the case back to the lower courts and reinstated a previous ruling that will allow doctors in the state to perform emergency abortions in the meantime.

That means women in Idaho are unlikely – at least for now – to be airlifted to nearby states like Utah for the procedure.

“After today, there will be a few months — maybe a few years — during which doctors may no longer need to airlift pregnant patients out of Idaho,” Justice Ketanji Brown Jackson wrote of the decision’s impact, in an opinion that dissented in part and concurred in part with the broader court’s ruling.

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But the dismissal of the case leaves open key legal questions and sets up the potential that the issue of emergency room abortion care will come to the court again in the future.

In her brief, Jackson was critical of the court’s indecision, arguing that the ruling represented “not a victory” for Idaho patients but a “delay” – and that doctors still face the difficult decision of “whether to provide emergency medical care in the midst of highly charged legal circumstances.”

Conservatives Chief Justice John Roberts and Justices Brett Kavanaugh and Amy Coney Barrett joined Jackson and her liberal colleagues, Justices Elena Kagan and Sonia Sotomayor, in the 6-3 opinion, which was erroneously posted online Wednesday. Justices Samuel Alito, Neil Gorsuch and Clarence Thomas dissented.

In his opinion, Alito also argued that the legal questions in the case – which come as abortion has become a political flashpoint in the U.S. presidential election – should have been decided, saying it was as “ripe for decision as it will ever be.”

“Apparently, the Court has simply lost the will to decide the easy but emotional and highly politicized question that the case presents,” he wrote.

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Alito indicated that he would have ruled against the Biden administration’s interpretation that the federal Emergency Medical Treatment & Labor Act (EMTALA), which requires hospital emergency rooms that receive Medicare funding to provide treatment to people experiencing medical emergencies, supersedes Idaho’s abortion ban.

Idaho law allows doctors to terminate a pregnancy for any woman with emergency health complications who is clearly on the brink of death. But it’s quiet on the question of what to do when pregnancy complications put someone’s health at risk but don’t imminently risk her life.

Under threat of jail time and loss of their medical licenses, Idaho doctors said prior to Thursday’s ruling that they sometimes had no choice under such circumstances but to send a woman across state lines by helicopter or advise her to otherwise get to another state for treatment.

“Those transfers measure the difference between the life-threatening conditions Idaho will allow hospitals to treat and the health-threatening conditions it will not,” Kagan wrote in a concurring opinion Thursday.

Some women were transferred to reliably blue states like Washington and Oregon. But Utah’s capital was “one of the places we’ll tend to call first,” Stacy Seyb, a physician specializing in maternal-fetal medicine at St. Luke’s Hospital in Boise, told FOX 13 earlier this year.

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While abortion remains legal up to 18 weeks in Utah, a near-total ban is currently on hold pending a ruling from the Utah Supreme Court.

Rep. Karianne Lisonbee, R-Clearfield, sponsored the abortion ban in the House and noted in a statement that “today’s Supreme Court ruling has no direct implications on Utah’s strong pro-life laws, including our trigger law.” “Utah will continue to stand up for policies that protect the unborn,” she added.

Thursday’s ruling does mean doctors in Idaho likely won’t have to airlift patients to Utah and other states, which Planned Parenthood Association of Utah Chief Corporate Affairs Office Shireen Ghorbani called a “small victory.”

“But what should have happened honestly is the Supreme Court should have said you have a right to emergency medical treatment, you’ve had that right for 40 years and you should have the right to an abortion if that is the appropriate medical care for the complication for the experience that you’re having,” she argued.

Regardless of the court’s decision, Ghorbani said she expects some Idaho women will still have to come to Utah for abortion care.

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“Twenty two percent of their OBGYNs have left the state, they are running very low on specialists in maternal-fetal medicine,” Ghorbani noted. “That reality has now been created for people who live in Idaho. So there may still be people from Idaho who are seeking emergency medical care in Utah and this is what happens when we ring this bell.”

Recently released data from the Guttmacher Institute, a research group that supports abortion rights, showed that 7% of all abortions performed in the state last year were for non-residents coming to Utah from Idaho. The data showed some Utah women also traveled out of state in 2023, to both Nevada and Colorado.





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