Anika Therapeutics (NASDAQ: ANIK) is one of 45 public companies in the “Biopharmaceuticals” industry, but how does it contrast to its competitors? We will compare Anika Therapeutics to related businesses based on the strength of its risk, dividends, earnings, profitability, institutional ownership, valuation and analyst recommendations.

Valuation & Earnings

This table compares Anika Therapeutics and its competitors top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Anika Therapeutics $111.36 million $56.02 million 24.83
Anika Therapeutics Competitors $578.59 million $241.91 million -6.45

Anika Therapeutics’ competitors have higher revenue and earnings than Anika Therapeutics. Anika Therapeutics is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Institutional and Insider Ownership

84.5% of Anika Therapeutics shares are owned by institutional investors. Comparatively, 45.3% of shares of all “Biopharmaceuticals” companies are owned by institutional investors. 6.6% of Anika Therapeutics shares are owned by insiders. Comparatively, 13.9% of shares of all “Biopharmaceuticals” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Anika Therapeutics and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Anika Therapeutics 30.44% 14.88% 13.78%
Anika Therapeutics Competitors -12,605.59% 222.33% -21.75%

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Anika Therapeutics and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Anika Therapeutics 0 0 0 0 N/A
Anika Therapeutics Competitors 190 910 1682 67 2.57

As a group, “Biopharmaceuticals” companies have a potential upside of 2.48%. Given Anika Therapeutics’ competitors higher possible upside, analysts plainly believe Anika Therapeutics has less favorable growth aspects than its competitors.

Risk & Volatility

Anika Therapeutics has a beta of 1.65, suggesting that its share price is 65% more volatile than the S&P 500. Comparatively, Anika Therapeutics’ competitors have a beta of 1.24, suggesting that their average share price is 24% more volatile than the S&P 500.

About Anika Therapeutics

Anika Therapeutics, Inc. is an orthopedic medicines company. The Company is engaged in developing, manufacturing and commercializing products based on its hyaluronic acid (HA) technology. The Company’s orthopedic medicine portfolio includes ORTHOVISC, MONOVISC, and CINGAL, which alleviate pain and restore joint function by replenishing depleted HA, and HYALOFAST, a solid HA-based scaffold to aid cartilage repair and regeneration. The Company’s therapeutic offerings consist of products in the areas, including Orthobiologics, which includes viscosupplementation and regenerative orthopedic products; Dermal, which includes wound care products; Surgical, which includes products used to prevent post-surgical adhesions, and Other, which includes the Company’s ophthalmic and veterinary products. The Company also offers products made from HA based on two other technologies: HYAFF, which is a solid form of HA, and ACP gel, an autocross-linked polymer of HA.

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