Belite Bio (NASDAQ:BLTE – Get Free Report) is one of 986 publicly-traded companies in the “Pharmaceutical preparations” industry, but how does it contrast to its peers? We will compare Belite Bio to similar businesses based on the strength of its profitability, institutional ownership, analyst recommendations, valuation, risk, dividends and earnings.
Volatility & Risk
Belite Bio has a beta of -1.62, meaning that its stock price is 262% less volatile than the S&P 500. Comparatively, Belite Bio’s peers have a beta of 0.85, meaning that their average stock price is 15% less volatile than the S&P 500.
Earnings and Valuation
This table compares Belite Bio and its peers gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Belite Bio | N/A | -$31.63 million | -26.96 |
Belite Bio Competitors | $1.60 billion | $143.27 million | -4.34 |
Analyst Recommendations
This is a breakdown of recent ratings and price targets for Belite Bio and its peers, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Belite Bio | 0 | 0 | 7 | 0 | 3.00 |
Belite Bio Competitors | 6211 | 18346 | 43834 | 886 | 2.57 |
Belite Bio currently has a consensus target price of $44.83, indicating a potential upside of 34.11%. As a group, “Pharmaceutical preparations” companies have a potential upside of 88.08%. Given Belite Bio’s peers higher possible upside, analysts clearly believe Belite Bio has less favorable growth aspects than its peers.
Insider and Institutional Ownership
0.5% of Belite Bio shares are owned by institutional investors. Comparatively, 44.4% of shares of all “Pharmaceutical preparations” companies are owned by institutional investors. 13.3% of Belite Bio shares are owned by company insiders. Comparatively, 14.4% of shares of all “Pharmaceutical preparations” companies are owned 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.
Profitability
This table compares Belite Bio and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Belite Bio | N/A | -54.05% | -50.06% |
Belite Bio Competitors | -2,086.28% | -226.73% | -28.61% |
Summary
Belite Bio peers beat Belite Bio on 8 of the 12 factors compared.
Belite Bio Company Profile
Belite Bio, Inc, a clinical stage biopharmaceutical drug development company, engages in the research and development of novel therapeutics targeting atrophic age-related macular degeneration and autosomal recessive stargardt diseases (STGD1). Its lead product candidate is LBS-008 (Tinlarebant), an orally administered, once-a-day tablet for maintaining the health and integrity of retinal tissues in STGD1 and GA patients. The company is also developing LBS-009, an anti-retinol binding protein 4 oral therapy targeting liver disease, including non-alcoholic fatty liver disease, nonalcoholic steatohepatitis, type 2 diabetes, and gout, which is in the preclinical development phase. Belite Bio, Inc was founded in 2016 and is based in San Diego, California. Belite Bio, Inc operates as a subsidiary of Lin Bioscience International Ltd.
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