AppHarvest (NASDAQ:APPH – Get Rating) is one of 32 publicly-traded companies in the “Agricultural production – crops” industry, but how does it compare to its competitors? We will compare AppHarvest to similar companies based on the strength of its analyst recommendations, valuation, profitability, earnings, institutional ownership, risk and dividends.
Valuation & Earnings
This table compares AppHarvest and its competitors revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|AppHarvest||$9.05 million||-$166.19 million||-1.21|
|AppHarvest Competitors||$1.63 billion||$92.76 million||0.90|
AppHarvest’s competitors have higher revenue and earnings than AppHarvest. AppHarvest is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Insider & Institutional Ownership
This is a summary of recent recommendations for AppHarvest and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
AppHarvest currently has a consensus price target of $5.75, indicating a potential upside of 191.88%. As a group, “Agricultural production – crops” companies have a potential upside of 99.14%. Given AppHarvest’s stronger consensus rating and higher possible upside, equities analysts clearly believe AppHarvest is more favorable than its competitors.
Risk and Volatility
AppHarvest has a beta of 0.52, meaning that its share price is 48% less volatile than the S&P 500. Comparatively, AppHarvest’s competitors have a beta of -28.78, meaning that their average share price is 2,978% less volatile than the S&P 500.
This table compares AppHarvest and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
AppHarvest competitors beat AppHarvest on 8 of the 13 factors compared.
AppHarvest Company Profile
AppHarvest, Inc., an applied agricultural technology company, develops and operates indoor farms to grow non-GMO produce free of chemical pesticide residues. Its products include tomatoes; and other fruits and vegetables, such as berries, peppers, cucumbers, and salad greens. The company was incorporated in 2018 and is based in Morehead, Kentucky.
Receive News & Ratings for AppHarvest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AppHarvest and related companies with MarketBeat.com's FREE daily email newsletter.