Head-To-Head Contrast: AppHarvest (APPH) versus Its Peers

AppHarvest (NASDAQ:APPHGet 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

33.3% of AppHarvest shares are held by institutional investors. Comparatively, 28.0% of shares of all “Agricultural production – crops” companies are held by institutional investors. 20.0% of AppHarvest shares are held by insiders. Comparatively, 22.1% of shares of all “Agricultural production – crops” companies are held by 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 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 0 0 1 0 3.00
AppHarvest Competitors 38 127 424 23 2.71

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.

Profitability

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 -1,256.15% -30.67% -21.16%
AppHarvest Competitors -180.98% -13.81% -9.50%

Summary

AppHarvest competitors beat AppHarvest on 8 of the 13 factors compared.

AppHarvest Company Profile

(Get Rating)

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.

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