Head to Head Comparison: AppHarvest (APPH) versus The Competition

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

Profitability

This table compares AppHarvest and its competitors’ 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 and Earnings

This table compares AppHarvest and its competitors top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
AppHarvest $9.05 million -$166.19 million -1.17
AppHarvest Competitors $1.63 billion $92.76 million 1.03

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

Volatility and Risk

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

Analyst Ratings

This is a breakdown of recent recommendations and price targets for AppHarvest and its competitors, 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 38 127 424 23 2.71

AppHarvest presently has a consensus target price of $5.75, suggesting a potential upside of 202.63%. As a group, “Agricultural production – crops” companies have a potential upside of 106.51%. Given AppHarvest’s stronger consensus rating and higher probable upside, research analysts plainly believe AppHarvest is more favorable than its competitors.

Institutional & Insider Ownership

33.3% of AppHarvest shares are owned by institutional investors. Comparatively, 28.0% of shares of all “Agricultural production – crops” companies are owned by institutional investors. 20.0% of AppHarvest shares are owned by company insiders. Comparatively, 22.1% of shares of all “Agricultural production – crops” companies are owned by company 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.

Summary

AppHarvest competitors 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.

Receive News & Ratings for AppHarvest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AppHarvest and related companies with MarketBeat.com's FREE daily email newsletter.