Canopy Growth (NASDAQ:CGC – Get Rating) and ONE Bio (OTCMKTS:ONBI – Get Rating) are both medical companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, valuation, profitability, risk, dividends, earnings and institutional ownership.
Institutional and Insider Ownership
15.8% of Canopy Growth shares are owned by institutional investors. 0.2% of Canopy Growth shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Risk and Volatility
Canopy Growth has a beta of 1.99, suggesting that its stock price is 99% more volatile than the S&P 500. Comparatively, ONE Bio has a beta of -5.56, suggesting that its stock price is 656% less volatile than the S&P 500.
Analyst Ratings
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Canopy Growth | 6 | 5 | 2 | 0 | 1.69 |
ONE Bio | 0 | 0 | 0 | 0 | N/A |
Canopy Growth presently has a consensus target price of $5.28, indicating a potential upside of 102.36%. Given Canopy Growth’s higher possible upside, analysts plainly believe Canopy Growth is more favorable than ONE Bio.
Profitability
This table compares Canopy Growth and ONE Bio’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Canopy Growth | -621.80% | -30.28% | -17.73% |
ONE Bio | N/A | N/A | N/A |
Valuation & Earnings
This table compares Canopy Growth and ONE Bio’s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Canopy Growth | $415.09 million | 3.11 | -$241.08 million | ($5.83) | -0.45 |
ONE Bio | N/A | N/A | N/A | N/A | N/A |
ONE Bio has lower revenue, but higher earnings than Canopy Growth.
Summary
Canopy Growth beats ONE Bio on 6 of the 9 factors compared between the two stocks.
About Canopy Growth
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in Canada, the United States, and Germany. It operates through two segments, Global Cannabis and Other Consumer Products. The company's products include dried cannabis flower, extracts and concentrates, beverages, gummies, and vapes. It offers its products under the Tweed, 7ACRES, 7ACRES Craft Collective, DOJA, Ace Valley, Quatreau, Deep Space, First + Free, Surity Pro, Spectrum Therapeutics, Vert, Tokyo Smoke, Twd, Martha Stewart CBD, DNA Genetics, BioSteel, Storz & Bickel, This Works, HiWay, Simple Stash, Whisl, and Truverra brands. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation was incorporated in 2009 and is headquartered in Smiths Falls, Canada.
About ONE Bio
One Bio Corp. engages in the utilization of green processes to produce raw chemicals and herbal extracts, natural supplements, and organic products. The company was founded on June 30, 2000 and is headquartered in Aventura, FL.
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