AppHarvest (APPH) & Its Competitors Financial Comparison

AppHarvest (NASDAQ:APPHGet Rating) is one of 32 public companies in the “Agricultural production – crops” industry, but how does it contrast to its rivals? We will compare AppHarvest to similar businesses based on the strength of its analyst recommendations, valuation, dividends, institutional ownership, risk, earnings and profitability.

Profitability

This table compares AppHarvest and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
AppHarvest -1,256.15% -30.67% -21.16%
AppHarvest Competitors -180.98% -13.81% -9.50%

Valuation & Earnings

This table compares AppHarvest and its rivals gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
AppHarvest $9.05 million -$166.19 million -1.54
AppHarvest Competitors $1.63 billion $92.76 million 1.33

AppHarvest’s rivals have higher revenue and earnings than AppHarvest. AppHarvest is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Insider & Institutional Ownership

33.3% of AppHarvest shares are owned by institutional investors. Comparatively, 26.9% of shares of all “Agricultural production – crops” companies are owned by institutional investors. 20.0% of AppHarvest shares are owned by insiders. Comparatively, 20.6% of shares of all “Agricultural production – crops” companies are owned by 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 recent ratings for AppHarvest and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AppHarvest 0 0 1 0 3.00
AppHarvest Competitors 36 127 420 23 2.71

AppHarvest currently has a consensus price target of $5.75, suggesting a potential upside of 129.08%. As a group, “Agricultural production – crops” companies have a potential upside of 84.01%. Given AppHarvest’s stronger consensus rating and higher possible upside, analysts plainly believe AppHarvest is more favorable than its rivals.

Volatility and Risk

AppHarvest has a beta of 0.52, meaning that its stock price is 48% less volatile than the S&P 500. Comparatively, AppHarvest’s rivals have a beta of -28.78, meaning that their average stock price is 2,978% less volatile than the S&P 500.

Summary

AppHarvest rivals beat AppHarvest on 8 of the 13 factors compared.

AppHarvest Company Profile

(Get Rating)

AppHarvest, Inc., an applied agricultural technology company, develops and operates indoor farms to grow non-GMO produce free of chemical pesticide residues. Its products include tomatoes; and other fruits and vegetables, such as berries, peppers, cucumbers, and salad greens. The company was incorporated in 2018 and is based in Morehead, Kentucky.

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