Critical Survey: Verano (VRNOF) and Its Competitors

Verano (OTCMKTS:VRNOFGet Rating) is one of 32 public companies in the “Agricultural production – crops” industry, but how does it contrast to its peers? We will compare Verano to similar companies based on the strength of its analyst recommendations, institutional ownership, valuation, risk, dividends, profitability and earnings.

Insider and Institutional Ownership

31.8% of shares of all “Agricultural production – crops” companies are owned by institutional investors. 19.3% 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 company is poised for long-term growth.

Earnings and Valuation

This table compares Verano and its peers top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Verano $740,000.00 -$14.68 million -16.25
Verano Competitors $1.62 billion $90.75 million 4.39

Verano’s peers have higher revenue and earnings than Verano. Verano is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Verano and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Verano -12.61% -6.83% -4.06%
Verano Competitors -180.78% -13.66% -9.38%

Analyst Recommendations

This is a breakdown of current recommendations for Verano and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Verano 0 1 4 0 2.80
Verano Competitors 34 127 416 23 2.71

Verano currently has a consensus target price of $26.25, indicating a potential upside of 303.85%. As a group, “Agricultural production – crops” companies have a potential upside of 70.90%. Given Verano’s stronger consensus rating and higher probable upside, equities analysts clearly believe Verano is more favorable than its peers.

About Verano

(Get Rating)

Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. It engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, California, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia. The company offers artisanal cannabis products under the Encore, Avexia, MUV, and Verano brands for medical and adult-use markets. As of May 10, 2022, it operated 96 retail dispensaries, and 13 cultivation and processing facilities. The company is headquartered in Chicago, Illinois.

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Critical Survey: Verano (VRNOF) and Its Competitors

Verano (OTCMKTS:VRNOFGet Rating) is one of 32 publicly-traded companies in the “Agricultural production – crops” industry, but how does it compare to its rivals? We will compare Verano to similar companies based on the strength of its valuation, analyst recommendations, profitability, risk, institutional ownership, dividends and earnings.

Insider & Institutional Ownership

31.8% of shares of all “Agricultural production – crops” companies are owned by institutional investors. 19.3% of shares of all “Agricultural production – crops” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Verano and its rivals top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Verano $740,000.00 -$14.68 million -16.25
Verano Competitors $1.62 billion $90.75 million 4.39

Verano’s rivals have higher revenue and earnings than Verano. Verano is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Verano and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Verano -12.61% -6.83% -4.06%
Verano Competitors -180.78% -13.66% -9.38%

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Verano and its rivals, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Verano 0 1 4 0 2.80
Verano Competitors 34 127 416 23 2.71

Verano presently has a consensus target price of $26.25, suggesting a potential upside of 303.85%. As a group, “Agricultural production – crops” companies have a potential upside of 70.90%. Given Verano’s stronger consensus rating and higher probable upside, research analysts clearly believe Verano is more favorable than its rivals.

About Verano

(Get Rating)

Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. It engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, California, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia. The company offers artisanal cannabis products under the Encore, Avexia, MUV, and Verano brands for medical and adult-use markets. As of May 10, 2022, it operated 96 retail dispensaries, and 13 cultivation and processing facilities. The company is headquartered in Chicago, Illinois.

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