Ascend Wellness (OTC:AAWH – Get Free Report) and Bright Green (NASDAQ:BGXX – Get Free Report) are both small-cap medical companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, valuation, risk, institutional ownership, profitability and dividends.
Insider and Institutional Ownership
17.3% of Ascend Wellness shares are held by institutional investors. Comparatively, 7.8% of Bright Green shares are held by institutional investors. 22.4% of Ascend Wellness shares are held by company insiders. Comparatively, 62.5% of Bright Green shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Analyst Recommendations
This is a breakdown of recent recommendations for Ascend Wellness and Bright Green, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Ascend Wellness | 0 | 1 | 0 | 1 | 3.00 |
Bright Green | 0 | 0 | 0 | 0 | 0.00 |
Valuation and Earnings
This table compares Ascend Wellness and Bright Green”s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Ascend Wellness | $518.59 million | 0.14 | -$48.21 million | ($0.40) | -0.82 |
Bright Green | N/A | N/A | -$13.13 million | ($0.06) | N/A |
Bright Green has lower revenue, but higher earnings than Ascend Wellness. Ascend Wellness is trading at a lower price-to-earnings ratio than Bright Green, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Ascend Wellness and Bright Green’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Ascend Wellness | -15.47% | -72.18% | -9.55% |
Bright Green | N/A | -88.37% | -55.30% |
Risk & Volatility
Ascend Wellness has a beta of 1.25, meaning that its stock price is 25% more volatile than the S&P 500. Comparatively, Bright Green has a beta of -0.26, meaning that its stock price is 126% less volatile than the S&P 500.
Summary
Ascend Wellness beats Bright Green on 8 of the 13 factors compared between the two stocks.
About Ascend Wellness
Ascend Wellness Holdings, Inc. engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods in the United States. The company offers flower, pre-rolls, concentrates, vapes, edibles, tinctures, and other cannabis-related products under the Common Goods, SimplyHerb, Ozone, Ozone Reserve, Royale, Tunnel Vision, Miss Grass, Lowell Smokes, Edie Parker, 1906, and AiroPro brands. It also owns, operates, and manages cannabis cultivation facilities and dispensaries. The company sells its products through company-owned retail stores and third-party licensed retail cannabis stores. Ascend Wellness Holdings, Inc. was incorporated in 2018 and is headquartered in New York, New York.
About Bright Green
Bright Green Corporation focuses on the cultivation, manufacture, and sale of cannabis and cannabis-related products. Its products are used in research, pharmaceutical applications, and affiliated exports. The company was incorporated in 2019 and is based in Grants, New Mexico.
Receive News & Ratings for Ascend Wellness Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascend Wellness and related companies with MarketBeat.com's FREE daily email newsletter.