NeuroSense Therapeutics (NASDAQ:NRSN – Get Free Report) and Avidity Biosciences (NASDAQ:RNA – Get Free Report) are both medical companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, institutional ownership, profitability, valuation, analyst recommendations, risk and earnings.
Analyst Recommendations
This is a summary of recent recommendations and price targets for NeuroSense Therapeutics and Avidity Biosciences, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
NeuroSense Therapeutics | 0 | 1 | 0 | 0 | 2.00 |
Avidity Biosciences | 0 | 0 | 11 | 0 | 3.00 |
Avidity Biosciences has a consensus price target of $64.36, indicating a potential upside of 102.27%. Given Avidity Biosciences’ stronger consensus rating and higher probable upside, analysts plainly believe Avidity Biosciences is more favorable than NeuroSense Therapeutics.
Valuation and Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
NeuroSense Therapeutics | N/A | N/A | -$11.28 million | ($0.85) | -1.60 |
Avidity Biosciences | $10.12 million | 375.25 | -$212.22 million | ($2.88) | -11.05 |
NeuroSense Therapeutics has higher earnings, but lower revenue than Avidity Biosciences. Avidity Biosciences is trading at a lower price-to-earnings ratio than NeuroSense Therapeutics, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk
NeuroSense Therapeutics has a beta of 1.38, meaning that its stock price is 38% more volatile than the S&P 500. Comparatively, Avidity Biosciences has a beta of 0.89, meaning that its stock price is 11% less volatile than the S&P 500.
Profitability
This table compares NeuroSense Therapeutics and Avidity Biosciences’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
NeuroSense Therapeutics | N/A | N/A | -286.31% |
Avidity Biosciences | -2,772.45% | -27.66% | -24.56% |
Institutional and Insider Ownership
1.0% of NeuroSense Therapeutics shares are owned by institutional investors. 27.4% of NeuroSense Therapeutics shares are owned by insiders. Comparatively, 3.7% of Avidity Biosciences shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Summary
NeuroSense Therapeutics beats Avidity Biosciences on 8 of the 13 factors compared between the two stocks.
About NeuroSense Therapeutics
NeuroSense Therapeutics Ltd., a clinical-stage biotechnology company, focuses on discovering and developing treatments for patients suffering from debilitating neurodegenerative diseases in the United States and internationally. The company’s lead product is PrimeC, an extended-release oral formulation of a fixed-dose combination of ciprofloxacin and celecoxib, currently under Phase 2b/3 clinical trials for the treatment of amyotrophic lateral sclerosis, and completed Phase 2 clinical trials for the treatment of Alzheimer’s, as well as under preclinical studies for the treatment of Parkinson’s disease. Its preclinical pipeline includes StabiliC for the treatment of Parkinson’s disease; and CogniC for the treatment of Alzheimer’s disease. The company was incorporated in 2017 and is headquartered in Herzliya, Israel.
About Avidity Biosciences
Avidity Biosciences, Inc., a biopharmaceutical company, engages in the delivery of RNA therapeutics. It develops antibody oligonucleotide conjugates (AOC) that are designed to treat diseases previously untreatable with RNA therapeutics. The company's lead product candidate AOC 1001 for the treatment of myotonic dystrophy type 1, a rare monogenic muscle disease that is in phase 1/2 clinical trial. Its other products in pipeline include AOC 1044 for the treatment of duchenne muscular dystrophy, which is under phase 1/2 clinical development trial; and AOC 1020 to treat facioscapulohumeral muscular dystrophy that is in phase 1/2 clinical trial. The company is developing products for rare skeletal muscle and rare cardiac diseases. Avidity Biosciences, Inc. was incorporated in 2012 and is headquartered in San Diego, California.
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