Incannex Healthcare (IXHL) Competitors

$2.54
-0.01 (-0.39%)
(As of 05/10/2024 ET)

IXHL vs. CRVO, PRLD, IMAB, INCR, SKYE, RGLS, ACET, PRQR, RPTX, and DMAC

Should you be buying Incannex Healthcare stock or one of its competitors? The main competitors of Incannex Healthcare include CervoMed (CRVO), Prelude Therapeutics (PRLD), I-Mab (IMAB), InterCure (INCR), Skye Bioscience (SKYE), Regulus Therapeutics (RGLS), Adicet Bio (ACET), ProQR Therapeutics (PRQR), Repare Therapeutics (RPTX), and DiaMedica Therapeutics (DMAC). These companies are all part of the "pharmaceutical preparations" industry.

Incannex Healthcare vs.

CervoMed (NASDAQ:CRVO) and Incannex Healthcare (NASDAQ:IXHL) are both small-cap medical companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, media sentiment, community ranking, risk, valuation, profitability, earnings, analyst recommendations and institutional ownership.

CervoMed has higher revenue and earnings than Incannex Healthcare.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CervoMed$7.14M21.31-$2.17MN/AN/A
Incannex Healthcare$930K173.38-$13.45MN/AN/A

25.2% of CervoMed shares are held by institutional investors. Comparatively, 0.4% of Incannex Healthcare shares are held by institutional investors. 2.0% of CervoMed shares are held by company insiders. Comparatively, 14.6% of Incannex Healthcare shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Incannex Healthcare had 1 more articles in the media than CervoMed. MarketBeat recorded 4 mentions for Incannex Healthcare and 3 mentions for CervoMed. Incannex Healthcare's average media sentiment score of 1.14 beat CervoMed's score of 0.51 indicating that CervoMed is being referred to more favorably in the media.

Company Overall Sentiment
CervoMed Positive
Incannex Healthcare Positive

CervoMed received 3 more outperform votes than Incannex Healthcare when rated by MarketBeat users.

CompanyUnderperformOutperform
CervoMedOutperform Votes
3
100.00%
Underperform Votes
No Votes
Incannex HealthcareN/AN/A

CervoMed's return on equity of 0.00% beat Incannex Healthcare's return on equity.

Company Net Margins Return on Equity Return on Assets
CervoMedN/A -18.31% -15.48%
Incannex Healthcare N/A N/A N/A

CervoMed presently has a consensus price target of $57.50, suggesting a potential upside of 133.17%. Given Incannex Healthcare's higher probable upside, equities analysts clearly believe CervoMed is more favorable than Incannex Healthcare.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CervoMed
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Incannex Healthcare
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

CervoMed has a beta of 1.5, indicating that its share price is 50% more volatile than the S&P 500. Comparatively, Incannex Healthcare has a beta of 8.65, indicating that its share price is 765% more volatile than the S&P 500.

Summary

CervoMed beats Incannex Healthcare on 7 of the 13 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IXHL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IXHL vs. The Competition

MetricIncannex HealthcarePharmaceutical IndustryMedical SectorNASDAQ Exchange
Market Cap$146.64M$6.64B$5.04B$7.82B
Dividend YieldN/A2.75%37.43%3.95%
P/E RatioN/A12.55129.2414.69
Price / Sales173.38251.342,377.8775.18
Price / CashN/A31.4748.9436.49
Price / Book2.856.005.374.53
Net Income-$13.45M$140.23M$105.34M$217.43M
7 Day Performance6.28%-1.91%-0.97%-0.17%
1 Month Performance-18.59%-4.60%-2.77%-1.41%
1 Year Performance31.61%-5.06%2.18%8.18%

Incannex Healthcare Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CRVO
CervoMed
1.5199 of 5 stars
$24.40
+0.3%
$57.50
+135.7%
N/A$150.55M$7.14M0.008Short Interest ↑
Positive News
PRLD
Prelude Therapeutics
1.7628 of 5 stars
$3.70
-3.4%
$5.25
+41.9%
-42.3%$155.70MN/A-1.81128Upcoming Earnings
News Coverage
IMAB
I-Mab
2.8834 of 5 stars
$1.82
+1.7%
$12.25
+573.1%
-42.2%$147.20M$3.89M0.00228Short Interest ↓
INCR
InterCure
0 of 5 stars
$3.22
-11.0%
N/A+31.3%$146.74M$96.61M24.77370Short Interest ↓
Positive News
SKYE
Skye Bioscience
1.2542 of 5 stars
$12.73
-1.5%
$22.50
+76.7%
+80,757.1%$157.22MN/A-1.1911News Coverage
Gap Up
RGLS
Regulus Therapeutics
2.9815 of 5 stars
$2.23
-8.2%
$7.25
+225.1%
+47.3%$145.98MN/A-1.4030Short Interest ↓
News Coverage
ACET
Adicet Bio
2.2859 of 5 stars
$1.73
+2.4%
$12.83
+641.8%
-78.8%$142.15M$24.99M-0.52143Upcoming Earnings
PRQR
ProQR Therapeutics
2.5771 of 5 stars
$1.99
-1.5%
$3.60
+80.9%
-4.8%$161.91M$7.05M-5.10156Analyst Forecast
News Coverage
RPTX
Repare Therapeutics
3.4026 of 5 stars
$3.28
-3.5%
$17.33
+428.5%
-66.9%$139.20M$51.13M-1.47179Upcoming Earnings
News Coverage
DMAC
DiaMedica Therapeutics
1.2054 of 5 stars
$3.66
+4.6%
$7.00
+91.3%
+91.4%$138.93MN/A-5.9018Gap Up
High Trading Volume

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This page (NASDAQ:IXHL) was last updated on 5/11/2024 by MarketBeat.com Staff

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