Head to Head Survey: AppHarvest (APPH) and The Competition

AppHarvest (NASDAQ:APPHGet Rating) is one of 32 publicly-traded companies in the “Agricultural production – crops” industry, but how does it weigh in compared to its rivals? We will compare AppHarvest to related companies based on the strength of its valuation, earnings, risk, dividends, institutional ownership, analyst recommendations and profitability.

Profitability

This table compares AppHarvest and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
AppHarvest -1,256.15% -30.67% -21.16%
AppHarvest Competitors -180.98% -13.81% -9.50%

Valuation and Earnings

This table compares AppHarvest and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
AppHarvest $9.05 million -$166.19 million -1.17
AppHarvest Competitors $1.63 billion $92.76 million 1.03

AppHarvest’s rivals have higher revenue and earnings than AppHarvest. AppHarvest is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Risk and Volatility

AppHarvest has a beta of 0.52, suggesting that its stock price is 48% less volatile than the S&P 500. Comparatively, AppHarvest’s rivals have a beta of -28.78, suggesting that their average stock price is 2,978% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for AppHarvest and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AppHarvest 0 0 1 0 3.00
AppHarvest Competitors 38 127 424 23 2.71

AppHarvest presently has a consensus target price of $5.75, indicating a potential upside of 202.63%. As a group, “Agricultural production – crops” companies have a potential upside of 106.51%. Given AppHarvest’s stronger consensus rating and higher probable upside, analysts clearly believe AppHarvest is more favorable than its rivals.

Institutional and Insider Ownership

33.3% of AppHarvest shares are held by institutional investors. Comparatively, 28.0% of shares of all “Agricultural production – crops” companies are held by institutional investors. 20.0% of AppHarvest shares are held by company insiders. Comparatively, 22.1% of shares of all “Agricultural production – crops” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

AppHarvest rivals beat AppHarvest on 8 of the 13 factors compared.

AppHarvest Company Profile

(Get Rating)

AppHarvest, Inc., an applied agricultural technology company, develops and operates indoor farms to grow non-GMO produce free of chemical pesticide residues. Its products include tomatoes; and other fruits and vegetables, such as berries, peppers, cucumbers, and salad greens. The company was incorporated in 2018 and is based in Morehead, Kentucky.

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