Edible Garden (NASDAQ:EDBL – Get Rating) and Local Bounti (NYSE:LOCL – Get Rating) are both small-cap consumer staples companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, risk, analyst recommendations, profitability, dividends, earnings and valuation.
Earnings and Valuation
This table compares Edible Garden and Local Bounti’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Local Bounti||$640,000.00||359.17||-$56.09 million||N/A||N/A|
Edible Garden has higher earnings, but lower revenue than Local Bounti.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Edible Garden presently has a consensus price target of $3.00, indicating a potential upside of 750.58%. Local Bounti has a consensus price target of $7.69, indicating a potential upside of 215.06%. Given Edible Garden’s stronger consensus rating and higher possible upside, equities analysts clearly believe Edible Garden is more favorable than Local Bounti.
Insider & Institutional Ownership
2.6% of Edible Garden shares are held by institutional investors. Comparatively, 54.7% of Local Bounti shares are held by institutional investors. 41.5% of Local Bounti shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
This table compares Edible Garden and Local Bounti’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Edible Garden beats Local Bounti on 5 of the 9 factors compared between the two stocks.
About Edible Garden
Edible Garden AG Incorporated and its subsidiaries operate as a controlled environment agriculture farming company. It offers various products, including individually potted, live herbs, cut single-herb clamshells, specialty herb items, various types of lettuce, hydro basil, bulk basil, and vegan protein powder. The company sells its products to various regional and national supermarkets. Edible Garden AG Incorporated was founded in 2020 and is based in Belvidere, New Jersey.
About Local Bounti
Local Bounti Corporation grows fresh greens and herbs in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.
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