Ascend Wellness (OTC:AAWH – Get Rating) is one of 52 publicly-traded companies in the “Medicinals & botanicals” industry, but how does it weigh in compared to its peers? We will compare Ascend Wellness to related businesses based on the strength of its dividends, earnings, valuation, analyst recommendations, profitability, institutional ownership and risk.
This table compares Ascend Wellness and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Ascend Wellness Competitors||1,018.02%||-228.89%||137.24%|
This is a summary of current recommendations and price targets for Ascend Wellness and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Ascend Wellness Competitors||165||503||632||34||2.40|
Institutional and Insider Ownership
0.0% of Ascend Wellness shares are held by institutional investors. Comparatively, 17.9% of shares of all “Medicinals & botanicals” companies are held by institutional investors. 24.9% of Ascend Wellness shares are held by insiders. Comparatively, 28.3% of shares of all “Medicinals & botanicals” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Earnings & Valuation
This table compares Ascend Wellness and its peers gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Ascend Wellness||$332.38 million||-$122.66 million||-5.31|
|Ascend Wellness Competitors||$265.50 million||-$63.33 million||-9.18|
Ascend Wellness has higher revenue, but lower earnings than its peers. Ascend Wellness is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
About Ascend Wellness
Ascend Wellness Holdings, Inc. engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods. Its cannabis product categories include flowers, pre-rolls, concentrates, vapes, edibles, and other cannabis-related products. As of December 31, 2021, the company operated 20 retail locations. It also sells its products to third-party licensed cannabis retail stores. The company was incorporated in 2018 and is headquartered in New York, New York.
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