Cabaletta Bio (NASDAQ:CABA) and Idera Pharmaceuticals (NASDAQ:IDRA) are both small-cap medical companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, dividends, profitability, institutional ownership, analyst recommendations, risk and valuation.
Insider & Institutional Ownership
63.1% of Cabaletta Bio shares are held by institutional investors. Comparatively, 11.7% of Idera Pharmaceuticals shares are held by institutional investors. 8.9% of Cabaletta Bio shares are held by insiders. Comparatively, 5.1% of Idera Pharmaceuticals shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
This is a breakdown of current ratings and price targets for Cabaletta Bio and Idera Pharmaceuticals, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Cabaletta Bio presently has a consensus price target of $23.25, suggesting a potential upside of 93.59%. Idera Pharmaceuticals has a consensus price target of $1.50, suggesting a potential upside of 35.14%. Given Cabaletta Bio’s stronger consensus rating and higher probable upside, research analysts clearly believe Cabaletta Bio is more favorable than Idera Pharmaceuticals.
Earnings & Valuation
This table compares Cabaletta Bio and Idera Pharmaceuticals’ top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Cabaletta Bio||N/A||N/A||-$33.34 million||($1.44)||-8.34|
|Idera Pharmaceuticals||$1.45 million||40.39||-$112.66 million||($1.08)||-1.03|
Cabaletta Bio has higher earnings, but lower revenue than Idera Pharmaceuticals. Cabaletta Bio is trading at a lower price-to-earnings ratio than Idera Pharmaceuticals, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk
Cabaletta Bio has a beta of 1.58, indicating that its share price is 58% more volatile than the S&P 500. Comparatively, Idera Pharmaceuticals has a beta of 1.82, indicating that its share price is 82% more volatile than the S&P 500.
This table compares Cabaletta Bio and Idera Pharmaceuticals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Cabaletta Bio beats Idera Pharmaceuticals on 7 of the 12 factors compared between the two stocks.
About Cabaletta Bio
Cabaletta Bio, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with B cell-mediated autoimmune diseases. Its proprietary technology utilizes chimeric autoantibody receptor (CAAR) T cells that are designed to selectively bind and eliminate B cells, which produce disease-causing autoantibodies or pathogenic B cells. The company's lead product candidate is DSG3-CAART, which is in Phase I clinical trial for the treatment of mucosal pemphigus vulgaris, an autoimmune blistering skin disease, and Hemophilia A with Factor VIII alloantibodies. Its product candidate pipeline also includes MuSK-CAART, a preclinical stage product to treat a subset of patients with myasthenia gravis; FVIII-CAART, a discovery stage product to treat a subset of patients with Hemophilia A; and DSG3/1-CAART, a discovery stage product for the treatment of mucocutaneous pemphigus vulgaris. Cabaletta Bio, Inc. has a collaboration with the University of Pennsylvania; and research agreement with The Regents of the University of California. The company was formerly known as Tycho Therapeutics, Inc. and changed its name to Cabaletta Bio, Inc. in August 2018. Cabaletta Bio, Inc. was incorporated in 2017 and is headquartered in Philadelphia, Pennsylvania.
About Idera Pharmaceuticals
Idera Pharmaceuticals, Inc. is a clinical stage biopharmaceutical company, which focuses on the clinical development, and commercialization of drug candidates for both oncology and rare disease indications. The company was founded by Paul C. Zamecnik, Sudhir A. Agrawal, and James B. Wyngaarden on May 25, 1989 and is headquartered in Exton, PA.
Receive News & Ratings for Cabaletta Bio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cabaletta Bio and related companies with MarketBeat.com's FREE daily email newsletter.