Reviewing Greenlane (GNLN) and Its Competitors

Greenlane (NASDAQ:GNLN) is one of 69 publicly-traded companies in the “FOOD – MISC/DIVERSIFIED” industry, but how does it compare to its competitors? We will compare Greenlane to related companies based on the strength of its profitability, analyst recommendations, dividends, earnings, valuation, institutional ownership and risk.

Valuation & Earnings

This table compares Greenlane and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Greenlane	$13.27 million	-$17.64 million	-0.01
Greenlane Competitors	$9.01 billion	$395.41 million	45.15

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

Risk & Volatility

Greenlane has a beta of 1.75, indicating that its stock price is 75% more volatile than the S&P 500. Comparatively, Greenlane’s competitors have a beta of 0.80, indicating that their average stock price is 20% less volatile than the S&P 500.

Institutional and Insider Ownership

14.0% of Greenlane shares are owned by institutional investors. Comparatively, 54.9% of shares of all “FOOD – MISC/DIVERSIFIED” companies are owned by institutional investors. 0.2% of Greenlane shares are owned by company insiders. Comparatively, 15.9% of shares of all “FOOD – MISC/DIVERSIFIED” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Greenlane	-532.82%	-164.19%	-85.38%
Greenlane Competitors	-12.23%	-18.73%	0.30%

Analyst Ratings

This is a summary of recent ratings for Greenlane and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Greenlane	1	0	0	0	1.00
Greenlane Competitors	847	3689	3940	168	2.40

As a group, “FOOD – MISC/DIVERSIFIED” companies have a potential upside of 26.64%. Given Greenlane’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Greenlane has less favorable growth aspects than its competitors.

Summary

Greenlane competitors beat Greenlane on 12 of the 13 factors compared.

Greenlane Company Profile

Greenlane Holdings, Inc. develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. It operates in two segments, Consumer Goods and Industrial Goods. The company provides consumption accessories, vaporizers, pipes, rolling papers, grinders, and apparel lines, as well as bubblers, rigs, other smoking and vaporization related accessories, and merchandise. It offers its products under the Groove, Eyce, DaVinci, Higher Standards, Pollen Gear, Marley Natural, and Keith Haring brands. The company also operates e-commerce websites, such as Vapor.com, Vaposhop.com, DaVinciVaporizer.com, PuffItUp.com, HigherStandards.com, EyceMolds.com, and MarleyNaturalShop.com. It serves customers through smoke shops, cannabis dispensaries, and specialty retailers. The company was founded in 2005 and is headquartered in Boca Raton, Florida.