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Canopy Growth (CGC) Competitors

Canopy Growth logo
$3.05 +0.01 (+0.33%)
(As of 12/17/2024 ET)

CGC vs. ARVN, DAWN, ARDX, SYRE, CALT, SPRY, SNDX, ANIP, RCKT, and BCYC

Should you be buying Canopy Growth stock or one of its competitors? The main competitors of Canopy Growth include Arvinas (ARVN), Day One Biopharmaceuticals (DAWN), Ardelyx (ARDX), Spyre Therapeutics (SYRE), Calliditas Therapeutics AB (publ) (CALT), ARS Pharmaceuticals (SPRY), Syndax Pharmaceuticals (SNDX), ANI Pharmaceuticals (ANIP), Rocket Pharmaceuticals (RCKT), and Bicycle Therapeutics (BCYC). These companies are all part of the "pharmaceutical products" industry.

Canopy Growth vs.

Arvinas (NASDAQ:ARVN) and Canopy Growth (NASDAQ:CGC) are both small-cap medical companies, but which is the better investment? We will contrast the two businesses based on the strength of their institutional ownership, risk, dividends, profitability, analyst recommendations, media sentiment, earnings, valuation and community ranking.

Arvinas currently has a consensus price target of $63.50, suggesting a potential upside of 232.46%. Canopy Growth has a consensus price target of $3.50, suggesting a potential upside of 14.75%. Given Arvinas' stronger consensus rating and higher possible upside, equities research analysts plainly believe Arvinas is more favorable than Canopy Growth.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Arvinas
0 Sell rating(s)
1 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.93
Canopy Growth
2 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.33

Arvinas received 165 more outperform votes than Canopy Growth when rated by MarketBeat users. Likewise, 67.03% of users gave Arvinas an outperform vote while only 19.23% of users gave Canopy Growth an outperform vote.

CompanyUnderperformOutperform
ArvinasOutperform Votes
185
67.03%
Underperform Votes
91
32.97%
Canopy GrowthOutperform Votes
20
19.23%
Underperform Votes
84
80.77%

Arvinas has a beta of 1.82, meaning that its share price is 82% more volatile than the S&P 500. Comparatively, Canopy Growth has a beta of 0.83, meaning that its share price is 17% less volatile than the S&P 500.

In the previous week, Arvinas had 7 more articles in the media than Canopy Growth. MarketBeat recorded 13 mentions for Arvinas and 6 mentions for Canopy Growth. Canopy Growth's average media sentiment score of 1.00 beat Arvinas' score of 0.24 indicating that Canopy Growth is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Arvinas
3 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canopy Growth
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Arvinas has a net margin of 0.00% compared to Canopy Growth's net margin of -186.17%. Arvinas' return on equity of -50.26% beat Canopy Growth's return on equity.

Company Net Margins Return on Equity Return on Assets
ArvinasN/A -50.26% -24.87%
Canopy Growth -186.17%-74.29%-29.94%

Arvinas has higher earnings, but lower revenue than Canopy Growth. Arvinas is trading at a lower price-to-earnings ratio than Canopy Growth, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Arvinas$161.10M8.15-$367.30M-$4.67-4.09
Canopy Growth$280.50M1.18-$487.23M-$4.93-0.62

95.2% of Arvinas shares are owned by institutional investors. Comparatively, 3.3% of Canopy Growth shares are owned by institutional investors. 5.2% of Arvinas shares are owned by company insiders. Comparatively, 1.3% of Canopy Growth shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

Arvinas beats Canopy Growth on 15 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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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CGC vs. The Competition

MetricCanopy GrowthMedicinals & botanicals IndustryMedical SectorNASDAQ Exchange
Market Cap$332.28M$396.46M$5.14B$9.31B
Dividend YieldN/AN/A4.81%4.06%
P/E Ratio-0.6236.88135.1817.53
Price / Sales1.186.071,235.42140.39
Price / CashN/A10.6640.6537.95
Price / Book0.821.994.884.92
Net Income-$487.23M-$51.46M$118.97M$225.78M
7 Day Performance-7.01%-0.97%16.19%-1.58%
1 Month Performance-19.53%-4.25%16.02%6.67%
1 Year Performance-37.55%-3.71%34.95%22.48%

Canopy Growth Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGC
Canopy Growth
2.5326 of 5 stars
$3.05
+0.3%
$3.50
+14.8%
-41.2%$332.28M$280.50M-0.621,029Short Interest ↓
ARVN
Arvinas
2.2909 of 5 stars
$19.40
-0.5%
$63.50
+227.3%
-47.9%$1.33B$78.50M-4.18445Short Interest ↑
DAWN
Day One Biopharmaceuticals
1.9456 of 5 stars
$12.75
flat
$35.71
+180.1%
-11.4%$1.29B$101.95M-12.3860
ARDX
Ardelyx
3.8431 of 5 stars
$5.38
+3.1%
$10.42
+93.6%
-21.2%$1.27B$251.85M-17.80267
SYRE
Spyre Therapeutics
1.9281 of 5 stars
$24.56
+1.8%
$51.50
+109.7%
+63.0%$1.26B$890,000.00-3.23100
CALT
Calliditas Therapeutics AB (publ)
N/A$40.00
-0.4%
$39.25
-1.9%
N/A$1.19B$1.60B-21.62180
SPRY
ARS Pharmaceuticals
3.0568 of 5 stars
$12.12
+1.8%
$24.00
+98.0%
+125.7%$1.18B$30,000.00-23.3390
SNDX
Syndax Pharmaceuticals
3.9655 of 5 stars
$13.76
-1.2%
$37.64
+173.5%
-34.4%$1.17B$16M-3.84110
ANIP
ANI Pharmaceuticals
4.8134 of 5 stars
$55.69
-1.6%
$77.71
+39.5%
+5.5%$1.17B$555.46M-102.89642Short Interest ↓
RCKT
Rocket Pharmaceuticals
4.8614 of 5 stars
$12.00
-0.2%
$51.00
+325.0%
-57.9%$1.09BN/A-4.37240Analyst Revision
BCYC
Bicycle Therapeutics
3.5662 of 5 stars
$15.31
+10.9%
$36.00
+135.1%
-13.5%$1.06B$26.98M-4.56240Analyst Forecast
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This page (NASDAQ:CGC) was last updated on 12/18/2024 by MarketBeat.com Staff
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