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Spruce Biosciences (SPRB) Competitors

Spruce Biosciences logo
$0.55
+0.02 (+3.79%)
(As of 11/1/2024 ET)

SPRB vs. IGNY, ORMP, ACAB, ONCY, IFRX, BYSI, PWUP, OPTN, IOBT, and CHRS

Should you be buying Spruce Biosciences stock or one of its competitors? The main competitors of Spruce Biosciences include Ignyte Acquisition (IGNY), Oramed Pharmaceuticals (ORMP), Atlantic Coastal Acquisition Corp. II (ACAB), Oncolytics Biotech (ONCY), InflaRx (IFRX), BeyondSpring (BYSI), PowerUp Acquisition (PWUP), OptiNose (OPTN), IO Biotech (IOBT), and Coherus BioSciences (CHRS). These companies are all part of the "pharmaceutical products" industry.

Spruce Biosciences vs.

Ignyte Acquisition (NASDAQ:IGNY) and Spruce Biosciences (NASDAQ:SPRB) are both small-cap medical companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, community ranking, valuation, media sentiment, dividends, profitability, analyst recommendations, institutional ownership and risk.

61.1% of Ignyte Acquisition shares are held by institutional investors. Comparatively, 91.7% of Spruce Biosciences shares are held by institutional investors. 19.9% of Ignyte Acquisition shares are held by insiders. Comparatively, 9.1% of Spruce Biosciences shares 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.

Spruce Biosciences received 39 more outperform votes than Ignyte Acquisition when rated by MarketBeat users.

CompanyUnderperformOutperform
Ignyte AcquisitionN/AN/A
Spruce BiosciencesOutperform Votes
39
60.94%
Underperform Votes
25
39.06%

Spruce Biosciences has a consensus price target of $5.00, suggesting a potential upside of 812.08%. Given Spruce Biosciences' higher possible upside, analysts plainly believe Spruce Biosciences is more favorable than Ignyte Acquisition.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ignyte Acquisition
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Spruce Biosciences
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

Ignyte Acquisition has a beta of 0.19, suggesting that its share price is 81% less volatile than the S&P 500. Comparatively, Spruce Biosciences has a beta of 2.36, suggesting that its share price is 136% more volatile than the S&P 500.

Ignyte Acquisition has higher earnings, but lower revenue than Spruce Biosciences.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ignyte AcquisitionN/AN/A-$490KN/AN/A
Spruce Biosciences$10.09M2.24-$47.92M-$1.03-0.53

Ignyte Acquisition has a net margin of 0.00% compared to Spruce Biosciences' net margin of -450.38%. Ignyte Acquisition's return on equity of 365.46% beat Spruce Biosciences' return on equity.

Company Net Margins Return on Equity Return on Assets
Ignyte AcquisitionN/A 365.46% -0.83%
Spruce Biosciences -450.38%-59.94%-45.38%

In the previous week, Spruce Biosciences had 2 more articles in the media than Ignyte Acquisition. MarketBeat recorded 2 mentions for Spruce Biosciences and 0 mentions for Ignyte Acquisition. Ignyte Acquisition's average media sentiment score of 0.00 beat Spruce Biosciences' score of -0.32 indicating that Ignyte Acquisition is being referred to more favorably in the media.

Company Overall Sentiment
Ignyte Acquisition Neutral
Spruce Biosciences Neutral

Summary

Spruce Biosciences beats Ignyte Acquisition 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 {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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SPRB vs. The Competition

MetricSpruce BiosciencesPharmaceutical IndustryMedical SectorNASDAQ Exchange
Market Cap$22.64M$7.03B$5.40B$8.53B
Dividend YieldN/A7.96%5.13%4.14%
P/E Ratio-0.539.93115.5615.18
Price / Sales2.24381.421,484.3492.77
Price / CashN/A47.3439.6634.07
Price / Book0.295.324.665.02
Net Income-$47.92M$153.56M$119.06M$225.46M
7 Day Performance-3.42%0.11%0.80%0.37%
1 Month Performance21.82%15.22%5.65%3.57%
1 Year Performance-51.05%41.14%36.76%29.44%

Spruce Biosciences Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPRB
Spruce Biosciences
3.0243 of 5 stars
$0.55
+3.8%
$5.00
+812.1%
-51.1%$22.64M$10.09M-0.5320
IGNY
Ignyte Acquisition
N/A$13.05
+14.5%
N/AN/A$95.00MN/A0.003Gap Down
High Trading Volume
ORMP
Oramed Pharmaceuticals
1.7473 of 5 stars
$2.31
-2.5%
N/A+35.7%$94.18M$1.34M4.5310News Coverage
ACAB
Atlantic Coastal Acquisition Corp. II
N/A$11.45
+2.6%
N/A+9.0%$93.51MN/A0.004High Trading Volume
ONCY
Oncolytics Biotech
2.0702 of 5 stars
$1.22
-0.4%
$4.00
+229.2%
-27.2%$92.72MN/A-4.3430Positive News
IFRX
InflaRx
3.4101 of 5 stars
$1.55
-1.3%
$13.50
+771.0%
-2.5%$91.26M$70,000.00-1.7460Upcoming Earnings
Short Interest ↓
News Coverage
BYSI
BeyondSpring
N/A$2.33
+3.1%
N/A+120.4%$90.94M$1.88M0.0080Positive News
PWUP
PowerUp Acquisition
N/A$11.69
+1.1%
N/A-3.3%$90.83MN/A0.00N/ANews Coverage
Positive News
OPTN
OptiNose
3.411 of 5 stars
$0.78
+1.5%
$4.00
+411.1%
-45.7%$88.46M$75.06M-2.17190Gap Down
IOBT
IO Biotech
3.3411 of 5 stars
$1.32
+9.1%
$9.33
+607.1%
+36.8%$86.96MN/A-0.9230Short Interest ↓
Positive News
Gap Up
CHRS
Coherus BioSciences
3.8143 of 5 stars
$0.75
-4.0%
$7.13
+846.7%
-77.4%$86.34M$308.13M-1.88246Upcoming Earnings

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