Innovate Biopharmaceuticals (NASDAQ: INNT) is one of 548 public companies in the “Pharmaceutical preparations” industry, but how does it compare to its competitors? We will compare Innovate Biopharmaceuticals to related businesses based on the strength of its risk, profitability, valuation, dividends, earnings, analyst recommendations and institutional ownership.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Innovate Biopharmaceuticals and its competitors, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Innovate Biopharmaceuticals 0 0 2 0 3.00
Innovate Biopharmaceuticals Competitors 4567 13044 27710 995 2.54

Innovate Biopharmaceuticals currently has a consensus target price of $35.00, suggesting a potential upside of 1,833.70%. As a group, “Pharmaceutical preparations” companies have a potential upside of 56.32%. Given Innovate Biopharmaceuticals’ stronger consensus rating and higher probable upside, analysts clearly believe Innovate Biopharmaceuticals is more favorable than its competitors.

Earnings & Valuation

This table compares Innovate Biopharmaceuticals and its competitors gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Innovate Biopharmaceuticals $4.07 million -$24.16 million N/A
Innovate Biopharmaceuticals Competitors $2.15 billion $228.14 million -3.67

Innovate Biopharmaceuticals’ competitors have higher revenue and earnings than Innovate Biopharmaceuticals.

Volatility & Risk

Innovate Biopharmaceuticals has a beta of -3.54, indicating that its share price is 454% less volatile than the S&P 500. Comparatively, Innovate Biopharmaceuticals’ competitors have a beta of 1.38, indicating that their average share price is 38% more volatile than the S&P 500.

Institutional & Insider Ownership

11.9% of Innovate Biopharmaceuticals shares are held by institutional investors. Comparatively, 45.9% of shares of all “Pharmaceutical preparations” companies are held by institutional investors. 17.1% of Innovate Biopharmaceuticals shares are held by company insiders. Comparatively, 15.0% of shares of all “Pharmaceutical preparations” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Innovate Biopharmaceuticals and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Innovate Biopharmaceuticals N/A -1,207.69% -245.78%
Innovate Biopharmaceuticals Competitors -1,760.42% -122.31% -28.05%

Summary

Innovate Biopharmaceuticals competitors beat Innovate Biopharmaceuticals on 7 of the 12 factors compared.

About Innovate Biopharmaceuticals

Innovate Biopharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops medicines for autoimmune and inflammatory diseases. The company's lead product candidate is INN-202 that has completed Phase IIb clinical trial for the treatment of celiac disease. It also develops INN-108, which has completed Phase I clinical trial to treat mild-to-moderate ulcerative colitis; INN-217 for the treatment of non-alcoholic steatohepatitis and microbiome; and INN-289 to treat crohn's disease, as well as product for the treatment of alcoholic steatohepatitis (ASH). In addition, the company holds rights for INN-329, a formulation of secretin that is used to enhance visualization in magnetic resonance cholangiopancreatography procedures that is in Phase III clinical trial. The company has a research collaboration with Massachusetts General Hospital for the treatment of ASH. Innovate Biopharmaceuticals, Inc. is based in Raleigh, North Carolina.

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