AppHarvest (NASDAQ:APPH – Get 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.
This table compares AppHarvest and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
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|
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.
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 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.
AppHarvest competitors beat AppHarvest on 8 of the 13 factors compared.
AppHarvest Company Profile
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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