Passage Bio (NASDAQ:PASG – Get Free Report) and JATT Acquisition (NYSE:JATT – Get Free Report) are both small-cap medical companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, analyst recommendations, institutional ownership, risk, valuation, dividends and profitability.
Profitability
This table compares Passage Bio and JATT Acquisition’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Passage Bio | N/A | -72.53% | -52.10% |
JATT Acquisition | N/A | -49.58% | 2.84% |
Earnings & Valuation
This table compares Passage Bio and JATT Acquisition”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Passage Bio | N/A | N/A | -$102.06 million | ($1.17) | -0.57 |
JATT Acquisition | N/A | N/A | $6.85 million | N/A | N/A |
Insider and Institutional Ownership
53.5% of Passage Bio shares are held by institutional investors. Comparatively, 48.0% of JATT Acquisition shares are held by institutional investors. 4.3% of Passage Bio shares are held by insiders. Comparatively, 20.0% of JATT Acquisition shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Analyst Ratings
This is a summary of recent recommendations for Passage Bio and JATT Acquisition, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Passage Bio | 0 | 0 | 4 | 0 | 3.00 |
JATT Acquisition | 0 | 0 | 0 | 0 | 0.00 |
Passage Bio currently has a consensus price target of $7.75, indicating a potential upside of 1,056.72%. Given Passage Bio’s stronger consensus rating and higher probable upside, equities analysts plainly believe Passage Bio is more favorable than JATT Acquisition.
About Passage Bio
Passage Bio, Inc., a genetic medicines company, develops gene therapies for central nervous system diseases. It develops PBGM01, a functional GLB1 gene encoding ß-galactosidase for infantile GM1; PBFT02, a functional granulin (GRN) and gene encoding progranulin (PGRN) for the treatment of FTD caused by progranulin deficiency; and PBKR03, a functional GALC gene encoding the hydrolytic enzyme galactosylceramidase for infantile Krabbe disease. The company develops PBML04 for the treatment of metachromatic leukodystrophy; PBAL05 for the treatment of amyotrophic lateral sclerosis; and other program for huntington's disease. It has a strategic research collaboration with the Trustees of the University of Pennsylvania's Gene Therapy Program; and collaboration agreement, and a development services and clinical supply agreement with Catalent Maryland, Inc. Passage Bio, Inc. was incorporated in 2017 and is headquartered in Philadelphia, Pennsylvania.
About JATT Acquisition
JATT Acquisition Corp does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus on businesses primarily operating in the life sciences sector. JATT Acquisition Corp was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.
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