Analyzing NeuroSense Therapeutics (NASDAQ:NRSN) & Avidity Biosciences (NASDAQ:RNA)

NeuroSense Therapeutics (NASDAQ:NRSNGet Free Report) and Avidity Biosciences (NASDAQ:RNAGet Free Report) are both medical companies, but which is the better business? We will compare the two companies based on the strength of their profitability, valuation, dividends, earnings, analyst recommendations, institutional ownership and risk.

Volatility & Risk

NeuroSense Therapeutics has a beta of 1.38, indicating that its share price is 38% more volatile than the S&P 500. Comparatively, Avidity Biosciences has a beta of 0.89, indicating that its share price is 11% less volatile than the S&P 500.

Earnings & Valuation

This table compares NeuroSense Therapeutics and Avidity Biosciences”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
NeuroSense Therapeutics N/A N/A -$11.28 million ($0.85) -1.47
Avidity Biosciences $10.12 million 373.13 -$212.22 million ($2.88) -10.99

NeuroSense Therapeutics has higher earnings, but lower revenue than Avidity Biosciences. Avidity Biosciences is trading at a lower price-to-earnings ratio than NeuroSense Therapeutics, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of current recommendations for NeuroSense Therapeutics and Avidity Biosciences, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NeuroSense Therapeutics 0 1 0 0 2.00
Avidity Biosciences 0 0 11 0 3.00

Avidity Biosciences has a consensus price target of $64.36, suggesting a potential upside of 103.42%. Given Avidity Biosciences’ stronger consensus rating and higher probable upside, analysts clearly believe Avidity Biosciences is more favorable than NeuroSense Therapeutics.

Institutional & Insider Ownership

1.0% of NeuroSense Therapeutics shares are held by institutional investors. 27.4% of NeuroSense Therapeutics shares are held by company insiders. Comparatively, 3.7% of Avidity Biosciences shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Profitability

This table compares NeuroSense Therapeutics and Avidity Biosciences’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
NeuroSense Therapeutics N/A N/A -286.31%
Avidity Biosciences -2,772.45% -27.66% -24.56%

Summary

NeuroSense Therapeutics beats Avidity Biosciences on 8 of the 13 factors compared between the two stocks.

About NeuroSense Therapeutics

(Get Free Report)

NeuroSense Therapeutics Ltd., a clinical-stage biotechnology company, focuses on discovering and developing treatments for patients suffering from debilitating neurodegenerative diseases in the United States and internationally. The company’s lead product is PrimeC, an extended-release oral formulation of a fixed-dose combination of ciprofloxacin and celecoxib, currently under Phase 2b/3 clinical trials for the treatment of amyotrophic lateral sclerosis, and completed Phase 2 clinical trials for the treatment of Alzheimer’s, as well as under preclinical studies for the treatment of Parkinson’s disease. Its preclinical pipeline includes StabiliC for the treatment of Parkinson’s disease; and CogniC for the treatment of Alzheimer’s disease. The company was incorporated in 2017 and is headquartered in Herzliya, Israel.

About Avidity Biosciences

(Get Free Report)

Avidity Biosciences, Inc., a biopharmaceutical company, engages in the delivery of RNA therapeutics. It develops antibody oligonucleotide conjugates (AOC) that are designed to treat diseases previously untreatable with RNA therapeutics. The company's lead product candidate AOC 1001 for the treatment of myotonic dystrophy type 1, a rare monogenic muscle disease that is in phase 1/2 clinical trial. Its other products in pipeline include AOC 1044 for the treatment of duchenne muscular dystrophy, which is under phase 1/2 clinical development trial; and AOC 1020 to treat facioscapulohumeral muscular dystrophy that is in phase 1/2 clinical trial. The company is developing products for rare skeletal muscle and rare cardiac diseases. Avidity Biosciences, Inc. was incorporated in 2012 and is headquartered in San Diego, California.

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