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Incannex Healthcare (IXHL) Competitors

Incannex Healthcare logo
$2.59
+0.32 (+14.10%)
(As of 11/1/2024 ET)

IXHL vs. TRDA, VECT, QTTB, ALMS, ORIC, NUVB, SLN, AURA, CRVS, and LRMR

Should you be buying Incannex Healthcare stock or one of its competitors? The main competitors of Incannex Healthcare include Entrada Therapeutics (TRDA), VectivBio (VECT), Q32 Bio (QTTB), Alumis (ALMS), ORIC Pharmaceuticals (ORIC), Nuvation Bio (NUVB), Silence Therapeutics (SLN), Aura Biosciences (AURA), Corvus Pharmaceuticals (CRVS), and Larimar Therapeutics (LRMR). These companies are all part of the "pharmaceutical products" industry.

Incannex Healthcare vs.

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

Entrada Therapeutics has higher revenue and earnings than Incannex Healthcare.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Incannex Healthcare$10K16,441.32-$18.46MN/AN/A
Entrada Therapeutics$129.01M5.07-$6.68M$2.965.95

Entrada Therapeutics has a consensus target price of $21.50, indicating a potential upside of 22.16%. Given Entrada Therapeutics' higher probable upside, analysts clearly believe Entrada Therapeutics is more favorable than Incannex Healthcare.

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

Entrada Therapeutics has a net margin of 43.63% compared to Incannex Healthcare's net margin of 0.00%. Entrada Therapeutics' return on equity of 35.16% beat Incannex Healthcare's return on equity.

Company Net Margins Return on Equity Return on Assets
Incannex HealthcareN/A N/A N/A
Entrada Therapeutics 43.63%35.16%20.41%

0.4% of Incannex Healthcare shares are held by institutional investors. Comparatively, 86.4% of Entrada Therapeutics shares are held by institutional investors. 14.6% of Incannex Healthcare shares are held by company insiders. Comparatively, 7.6% of Entrada Therapeutics shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

In the previous week, Incannex Healthcare and Incannex Healthcare both had 1 articles in the media. Entrada Therapeutics' average media sentiment score of 1.46 beat Incannex Healthcare's score of 0.76 indicating that Entrada Therapeutics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Incannex Healthcare
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Entrada Therapeutics
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Entrada Therapeutics received 14 more outperform votes than Incannex Healthcare when rated by MarketBeat users.

CompanyUnderperformOutperform
Incannex HealthcareN/AN/A
Entrada TherapeuticsOutperform Votes
14
77.78%
Underperform Votes
4
22.22%

Incannex Healthcare has a beta of 8.15, meaning that its share price is 715% more volatile than the S&P 500. Comparatively, Entrada Therapeutics has a beta of -0.26, meaning that its share price is 126% less volatile than the S&P 500.

Summary

Entrada Therapeutics beats Incannex Healthcare on 10 of the 13 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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IXHL vs. The Competition

MetricIncannex HealthcarePharmaceutical IndustryMedical SectorNASDAQ Exchange
Market Cap$164.41M$7.03B$5.40B$8.53B
Dividend YieldN/A7.96%5.13%4.14%
P/E RatioN/A9.93115.5615.18
Price / Sales16,441.32381.421,484.3492.77
Price / CashN/A47.3439.6634.07
Price / Book14.395.324.665.02
Net Income-$18.46M$153.56M$119.06M$225.46M
7 Day Performance14.60%0.11%0.80%0.37%
1 Month Performance59.88%15.22%5.65%3.57%
1 Year Performance142.06%41.14%36.76%29.44%

Incannex Healthcare Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IXHL
Incannex Healthcare
0.9939 of 5 stars
$2.59
+14.1%
N/A+148.8%$164.41M$10,000.000.003Gap Up
TRDA
Entrada Therapeutics
2.4135 of 5 stars
$16.99
+0.9%
$21.50
+26.5%
+13.5%$573.57M$239.40M5.74110Upcoming Earnings
Positive News
VECT
VectivBio
N/A$16.85
flat
N/AN/A$573.24M$27.34M0.0030High Trading Volume
QTTB
Q32 Bio
1.9454 of 5 stars
$50.59
+6.2%
$72.33
+43.0%
N/A$563.19M$1.16M-2.2039News Coverage
ALMS
Alumis
N/A$11.90
-0.6%
$28.00
+135.3%
N/A$554.89MN/A0.00N/AAnalyst Forecast
News Coverage
ORIC
ORIC Pharmaceuticals
4.2103 of 5 stars
$8.15
-3.4%
$18.00
+120.9%
+43.2%$549.49MN/A-4.6680Upcoming Earnings
Analyst Forecast
News Coverage
NUVB
Nuvation Bio
3.8174 of 5 stars
$2.21
-3.9%
$6.40
+189.6%
+98.3%$546.25M$1.44M-1.0560Upcoming Earnings
SLN
Silence Therapeutics
2.7473 of 5 stars
$18.08
+0.6%
$57.20
+216.4%
+104.2%$541.10M$17.90M-14.82100
AURA
Aura Biosciences
3.9407 of 5 stars
$10.92
-2.8%
$23.00
+110.6%
+13.2%$541.01MN/A-6.1050Short Interest ↓
CRVS
Corvus Pharmaceuticals
1.5784 of 5 stars
$8.31
+8.2%
$10.83
+30.4%
+671.2%$519.80MN/A-18.4730Upcoming Earnings
Analyst Downgrade
Short Interest ↑
High Trading Volume
LRMR
Larimar Therapeutics
2.8618 of 5 stars
$8.01
+0.6%
$20.43
+155.0%
+169.7%$511.05MN/A-7.1530Earnings Report
Analyst Forecast
Analyst Revision
News Coverage

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This page (NASDAQ:IXHL) was last updated on 11/2/2024 by MarketBeat.com Staff
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