Haymaker Acquisition Corp. III (NASDAQ:HYAC – Get Rating) and Cronos Group (NASDAQ:CRON – Get Rating) are both small-cap medical companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, dividends, valuation, analyst recommendations, institutional ownership, risk and profitability.
Insider and Institutional Ownership
36.3% of Haymaker Acquisition Corp. III shares are held by institutional investors. Comparatively, 12.5% of Cronos Group shares are held by institutional investors. 5.5% of Cronos Group shares are held by 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.
This is a breakdown of current recommendations for Haymaker Acquisition Corp. III and Cronos Group, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Haymaker Acquisition Corp. III||0||0||0||0||N/A|
Cronos Group has a consensus price target of $4.22, suggesting a potential upside of 39.65%. Given Cronos Group’s higher possible upside, analysts clearly believe Cronos Group is more favorable than Haymaker Acquisition Corp. III.
Valuation and Earnings
This table compares Haymaker Acquisition Corp. III and Cronos Group’s gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Haymaker Acquisition Corp. III||N/A||N/A||$11.11 million||N/A||N/A|
|Cronos Group||$74.43 million||15.21||-$396.11 million||($0.44)||-6.86|
Haymaker Acquisition Corp. III has higher earnings, but lower revenue than Cronos Group.
This table compares Haymaker Acquisition Corp. III and Cronos Group’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Haymaker Acquisition Corp. III||N/A||-130.43%||3.49%|
Cronos Group beats Haymaker Acquisition Corp. III on 5 of the 9 factors compared between the two stocks.
Haymaker Acquisition Corp. III Company Profile (Get Rating)
Haymaker Acquisition Corp. III is a blank check company. It intends to acquire and operate a business in the consumer and consumer-related products. The company was incorporated in 2020 and is based in New York, New York.
Cronos Group Company Profile (Get Rating)
Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones and Happy Dance brands in the United States. The company is also involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. It sells cannabis and cannabis products, including dried cannabis, pre-rolls, edibles, concentrates, and cannabis extracts through wholesale and direct-to-client channels under its wellness platform, PEACE NATURALS; and operates under adult-use brands, Spinach. It also exports dried cannabis and cannabis oils to Germany, Israel, and Australia. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada.
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