Market OpportunityRXST could benefit from a competitor's recall that likely isn't baked into guidance.
Market ValuationThe shares are trading at about 4.1x NTM EV/Sales, below peers at 5.3x NTM EV/Sales, and RXST's estimated CAGR of approximately 26% on a 3-year basis is still ahead of peers at 18%.
Technology And InnovationThere is still a lot to like about the company's story, including its highly differentiated technology and improving margin profile.