Financial Survey: Mind Medicine (MindMed) (MNMD) versus Its Competitors

Mind Medicine (MindMed) (NASDAQ:MNMDGet Rating) is one of 49 publicly-traded companies in the “Medicinals & botanicals” industry, but how does it weigh in compared to its rivals? We will compare Mind Medicine (MindMed) to related businesses based on the strength of its earnings, risk, institutional ownership, dividends, profitability, analyst recommendations and valuation.

Analyst Recommendations

This is a breakdown of recent recommendations for Mind Medicine (MindMed) and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mind Medicine (MindMed) 0 0 2 0 3.00
Mind Medicine (MindMed) Competitors 266 673 671 26 2.28

Mind Medicine (MindMed) currently has a consensus target price of 8.00, suggesting a potential upside of 830.02%. As a group, “Medicinals & botanicals” companies have a potential upside of 105.10%. Given Mind Medicine (MindMed)’s stronger consensus rating and higher probable upside, research analysts plainly believe Mind Medicine (MindMed) is more favorable than its rivals.

Insider and Institutional Ownership

10.8% of Mind Medicine (MindMed) shares are owned by institutional investors. Comparatively, 16.3% of shares of all “Medicinals & botanicals” companies are owned by institutional investors. 23.1% of shares of all “Medicinals & botanicals” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Mind Medicine (MindMed) and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Mind Medicine (MindMed) N/A -55.27% -51.10%
Mind Medicine (MindMed) Competitors -179.06% -256.89% -16.07%

Valuation & Earnings

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

Gross Revenue Net Income Price/Earnings Ratio
Mind Medicine (MindMed) N/A -$93.04 million -3.74
Mind Medicine (MindMed) Competitors $238.89 million -$88.34 million -7.80

Mind Medicine (MindMed)’s rivals have higher revenue and earnings than Mind Medicine (MindMed). Mind Medicine (MindMed) is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

About Mind Medicine (MindMed) (Get Rating)

Mind Medicine (MindMed) Inc., a psychedelic medicine biotech company, discovers, develops, and deploys psychedelic inspired medicines and therapies to address addiction and mental illness. The company is assembling a compelling drug development pipeline of innovative treatments based on psychedelic substances, including Psilocybin, LSD, MDMA, DMT, and an Ibogaine derivative, 18-MC. The company is headquartered in New York, New York.

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