Avant Brands (OTCMKTS:AVTBF) vs. Anika Therapeutics (NASDAQ:ANIK) Financial Comparison

Avant Brands (OTCMKTS:AVTBF) and Anika Therapeutics (NASDAQ:ANIK) are both medical companies, but which is the superior business? We will compare the two companies based on the strength of their risk, institutional ownership, earnings, profitability, dividends, valuation and analyst recommendations.

Insider and Institutional Ownership

91.5% of Anika Therapeutics shares are owned by institutional investors. 7.9% of Anika Therapeutics shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of current recommendations and price targets for Avant Brands and Anika Therapeutics, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Avant Brands	0	0	0	0	N/A
Anika Therapeutics	0	1	1	0	2.50

Anika Therapeutics has a consensus target price of $30.50, suggesting a potential upside of 19.70%. Given Anika Therapeutics’ higher probable upside, analysts clearly believe Anika Therapeutics is more favorable than Avant Brands.

Profitability

This table compares Avant Brands and Anika Therapeutics’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Avant Brands	N/A	N/A	N/A
Anika Therapeutics	-44.45%	0.94%	0.75%

Valuation & Earnings

This table compares Avant Brands and Anika Therapeutics”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Avant Brands	N/A	N/A	N/A	N/A	N/A
Anika Therapeutics	$166.88 million	2.19	-$82.67 million	($5.25)	-4.78

Avant Brands has higher earnings, but lower revenue than Anika Therapeutics.

Summary

Anika Therapeutics beats Avant Brands on 7 of the 8 factors compared between the two stocks.

About Avant Brands

Avant Brands Inc. cultivates, produces, and markets cannabis products in Canada. The company offers medical and recreational cannabis products under the BLK MKT, Tenzo, GreenTec, cognoscente, Treehugger, Pristine, and Flowr brands. It distributes cannabis through medical and recreational sales channels, as well as an e-commerce website. The company was formerly known as GTEC Holdings Ltd. and changed its name to Avant Brands Inc. in July 2021. Avant Brands Inc. is headquartered in Kelowna, Canada.

About Anika Therapeutics

Anika Therapeutics, Inc., a joint preservation company, creates and delivers advancements in early intervention orthopedic care in the areas of osteoarthritis (OA) pain management, regenerative solutions, sports medicine, and arthrosurface joint solutions in the United States, Europe, and internationally. The company develops, manufactures, and commercializes products based on hyaluronic acid (HA) technology platform. Its OA pain management products includes Monovisc and Orthovisc, an injectable HA-based viscosupplement for the pain relief from osteoarthritis conditions; and Cingal, a single-injection OA pain management product to provide both short- and long-term pain relief. The company’s joint preservation and restoration product family comprises and orthopedic regenerative solutions, including Hyalofast and Tactoset; sports medicine solutions used to repair and reconstruct damaged ligaments and tendons; and preserving joint solutions, including partial joint replacement, joint resurfacing, and invasive and bone sparing implants, which are designed to treat upper and lower extremity orthopedic conditions. In addition, it offers non-orthopedic products comprising HA-based products for non-orthopedic applications including Hyvisc, a molecular weight injectable HA veterinary product; Hyalobarrier, an anti-adhesion barrier indicated for use after abdominal-pelvic surgeries; and Hyalomatrix used for the treatment of burns and ulcers, as well as products used for the treatment of ears, nose and throat disorders, and ophthalmic products. The company was founded in 1983 and is headquartered in Bedford, Massachusetts.