Greenlane (GNLN) & Its Rivals Head to Head Analysis

Greenlane (NASDAQ:GNLN) is one of 69 publicly-traded companies in the “FOOD – MISC/DIVERSIFIED” industry, but how does it contrast to its peers? We will compare Greenlane to related businesses based on the strength of its institutional ownership, earnings, risk, profitability, dividends, valuation and analyst recommendations.

Profitability

This table compares Greenlane and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Greenlane	-246.62%	-133.66%	-59.29%
Greenlane Competitors	-6.16%	-19.15%	1.26%

Earnings & Valuation

This table compares Greenlane and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Greenlane	$13.27 million	-$17.64 million	0.00
Greenlane Competitors	$8.98 billion	$395.89 million	17.79

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

Insider & Institutional Ownership

14.0% of Greenlane shares are held by institutional investors. Comparatively, 54.4% of shares of all “FOOD – MISC/DIVERSIFIED” companies are held by institutional investors. 0.2% of Greenlane shares are held by company insiders. Comparatively, 16.1% of shares of all “FOOD – MISC/DIVERSIFIED” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Analyst Ratings

This is a breakdown of current ratings for Greenlane and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Greenlane	1	0	0	0	1.00
Greenlane Competitors	807	3623	3887	164	2.40

As a group, “FOOD – MISC/DIVERSIFIED” companies have a potential upside of 26.97%. Given Greenlane’s peers stronger consensus rating and higher probable upside, analysts clearly believe Greenlane has less favorable growth aspects than its peers.

Volatility and Risk

Greenlane has a beta of 1.65, indicating that its stock price is 65% more volatile than the S&P 500. Comparatively, Greenlane’s peers have a beta of 0.80, indicating that their average stock price is 20% less volatile than the S&P 500.

Summary

Greenlane peers beat Greenlane on 12 of the 13 factors compared.

Greenlane Company Profile

Greenlane Holdings, Inc. develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. It operates in two segments, Consumer Goods and Industrial Goods. The company provides consumption accessories, vaporizers, pipes, rolling papers, grinders, and apparel lines, as well as bubblers, rigs, other smoking and vaporization related accessories, and merchandise. It offers its products under the Groove, Eyce, DaVinci, Higher Standards, Pollen Gear, Marley Natural, and Keith Haring brands. The company also operates e-commerce websites, such as Vapor.com, Vaposhop.com, DaVinciVaporizer.com, PuffItUp.com, HigherStandards.com, EyceMolds.com, and MarleyNaturalShop.com. It serves customers through smoke shops, cannabis dispensaries, and specialty retailers. The company was founded in 2005 and is headquartered in Boca Raton, Florida.