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Skye Bioscience (SKYE) Competitors

$12.01
-0.04 (-0.33%)
(As of 03:50 PM ET)

SKYE vs. SGMT, CRVO, RPTX, CTMX, SYRS, PRQR, OPTN, RAPT, CYBN, and INCR

Should you be buying Skye Bioscience stock or one of its competitors? The main competitors of Skye Bioscience include Sagimet Biosciences (SGMT), CervoMed (CRVO), Repare Therapeutics (RPTX), CytomX Therapeutics (CTMX), Syros Pharmaceuticals (SYRS), ProQR Therapeutics (PRQR), OptiNose (OPTN), RAPT Therapeutics (RAPT), Cybin (CYBN), and InterCure (INCR). These companies are all part of the "pharmaceutical preparations" industry.

Skye Bioscience vs.

Skye Bioscience (NASDAQ:SKYE) and Sagimet Biosciences (NASDAQ:SGMT) are both small-cap medical companies, but which is the superior business? We will contrast the two companies based on the strength of their community ranking, dividends, analyst recommendations, risk, valuation, media sentiment, institutional ownership, earnings and profitability.

Sagimet Biosciences' return on equity of -61.85% beat Skye Bioscience's return on equity.

Company Net Margins Return on Equity Return on Assets
Skye BioscienceN/A -212.28% -120.36%
Sagimet Biosciences N/A -61.85%-26.86%

Sagimet Biosciences received 13 more outperform votes than Skye Bioscience when rated by MarketBeat users.

CompanyUnderperformOutperform
Skye BioscienceOutperform Votes
1
100.00%
Underperform Votes
No Votes
Sagimet BiosciencesOutperform Votes
14
100.00%
Underperform Votes
No Votes

21.1% of Skye Bioscience shares are held by institutional investors. Comparatively, 87.9% of Sagimet Biosciences shares are held by institutional investors. 0.7% of Skye Bioscience shares are held by company insiders. Comparatively, 17.6% of Sagimet Biosciences shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Skye Bioscience presently has a consensus target price of $22.50, suggesting a potential upside of 87.50%. Sagimet Biosciences has a consensus target price of $38.80, suggesting a potential upside of 688.62%. Given Sagimet Biosciences' higher possible upside, analysts clearly believe Sagimet Biosciences is more favorable than Skye Bioscience.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Skye Bioscience
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Sagimet Biosciences
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00

Sagimet Biosciences has higher revenue and earnings than Skye Bioscience.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Skye BioscienceN/AN/A-$37.65MN/AN/A
Sagimet Biosciences$2M76.90-$27.88MN/AN/A

In the previous week, Sagimet Biosciences had 16 more articles in the media than Skye Bioscience. MarketBeat recorded 18 mentions for Sagimet Biosciences and 2 mentions for Skye Bioscience. Sagimet Biosciences' average media sentiment score of 0.54 beat Skye Bioscience's score of -0.99 indicating that Sagimet Biosciences is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Skye Bioscience
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Negative
Sagimet Biosciences
3 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Sagimet Biosciences beats Skye Bioscience on 11 of the 11 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SKYE 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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SKYE vs. The Competition

MetricSkye BiosciencePharmaceutical IndustryMedical SectorNASDAQ Exchange
Market Cap$337.10M$6.67B$4.96B$7.99B
Dividend YieldN/A2.72%45.13%3.91%
P/E RatioN/A11.84128.3715.64
Price / SalesN/A251.272,478.4974.26
Price / CashN/A20.5032.3729.27
Price / Book-70.655.975.004.51
Net Income-$37.65M$137.64M$102.11M$212.52M
7 Day Performance5.26%2.08%2.42%3.46%
1 Month Performance-25.59%5.49%6.21%7.84%
1 Year PerformanceN/A-3.65%8.73%10.69%

Skye Bioscience Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SGMT
Sagimet Biosciences
2.5486 of 5 stars
$4.75
+2.8%
$39.60
+733.7%
N/A$151.57M$2M0.008Analyst Revision
News Coverage
CRVO
CervoMed
1.537 of 5 stars
$24.36
-1.5%
$57.50
+136.0%
N/A$150.30M$7.14M0.008Earnings Report
News Coverage
Positive News
RPTX
Repare Therapeutics
3.19 of 5 stars
$3.53
-1.1%
$17.33
+391.0%
-62.5%$149.81M$51.13M-3.21179
CTMX
CytomX Therapeutics
4.8689 of 5 stars
$2.00
+2.0%
$6.53
+226.5%
+0.5%$155.84M$101.21M10.00120
SYRS
Syros Pharmaceuticals
4.4368 of 5 stars
$5.48
-0.5%
$14.00
+155.5%
+36.3%$146.48M$9.94M-0.9568Earnings Report
Analyst Revision
PRQR
ProQR Therapeutics
1.9842 of 5 stars
$1.92
+0.5%
$3.60
+87.5%
+3.2%$156.20M$10.31M-5.19156Upcoming Earnings
Analyst Upgrade
OPTN
OptiNose
3.9992 of 5 stars
$1.29
+8.4%
$3.67
+184.2%
-13.1%$145.82M$70.99M-4.03132Analyst Revision
RAPT
RAPT Therapeutics
4.2854 of 5 stars
$4.14
-2.6%
$24.67
+495.8%
-80.4%$144.50M$1.53M-1.35131
CYBN
Cybin
1.709 of 5 stars
$0.35
flat
$5.00
+1,322.1%
N/A$144.46MN/A-1.67N/AAnalyst Revision
News Coverage
INCR
InterCure
0 of 5 stars
$3.15
-4.0%
N/A+40.0%$143.32M$96.61M24.19370Gap Up

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This page (NASDAQ:SKYE) was last updated on 5/20/2024 by MarketBeat.com Staff

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