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Mind Medicine (MindMed) (MNMD) Competitors

$8.80
-0.01 (-0.11%)
(As of 05/31/2024 ET)

MNMD vs. TLRY, CRON, USNA, CGC, BTMD, ACB, CDXC, MDWD, FTLF, and BGXX

Should you be buying Mind Medicine (MindMed) stock or one of its competitors? The main competitors of Mind Medicine (MindMed) include Tilray (TLRY), Cronos Group (CRON), USANA Health Sciences (USNA), Canopy Growth (CGC), biote (BTMD), Aurora Cannabis (ACB), ChromaDex (CDXC), MediWound (MDWD), FitLife Brands (FTLF), and Bright Green (BGXX). These companies are all part of the "medicinals & botanicals" industry.

Mind Medicine (MindMed) vs.

Mind Medicine (MindMed) (NASDAQ:MNMD) and Tilray (NASDAQ:TLRY) are both small-cap medical companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, institutional ownership, media sentiment, valuation, dividends, community ranking, risk and profitability.

27.9% of Mind Medicine (MindMed) shares are owned by institutional investors. Comparatively, 9.4% of Tilray shares are owned by institutional investors. 2.3% of Mind Medicine (MindMed) shares are owned by insiders. Comparatively, 0.7% of Tilray shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Mind Medicine (MindMed) has a beta of 2.72, meaning that its stock price is 172% more volatile than the S&P 500. Comparatively, Tilray has a beta of 2.36, meaning that its stock price is 136% more volatile than the S&P 500.

In the previous week, Mind Medicine (MindMed) had 1 more articles in the media than Tilray. MarketBeat recorded 13 mentions for Mind Medicine (MindMed) and 12 mentions for Tilray. Mind Medicine (MindMed)'s average media sentiment score of 0.46 beat Tilray's score of 0.37 indicating that Mind Medicine (MindMed) is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Mind Medicine (MindMed)
2 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Tilray
1 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Tilray received 408 more outperform votes than Mind Medicine (MindMed) when rated by MarketBeat users. However, 90.70% of users gave Mind Medicine (MindMed) an outperform vote while only 59.28% of users gave Tilray an outperform vote.

CompanyUnderperformOutperform
Mind Medicine (MindMed)Outperform Votes
39
90.70%
Underperform Votes
4
9.30%
TilrayOutperform Votes
447
59.28%
Underperform Votes
307
40.72%

Mind Medicine (MindMed) presently has a consensus target price of $19.00, indicating a potential upside of 115.91%. Tilray has a consensus target price of $2.71, indicating a potential upside of 50.46%. Given Mind Medicine (MindMed)'s stronger consensus rating and higher probable upside, equities analysts plainly believe Mind Medicine (MindMed) is more favorable than Tilray.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mind Medicine (MindMed)
0 Sell rating(s)
0 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
3.11
Tilray
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25

Mind Medicine (MindMed) has higher earnings, but lower revenue than Tilray. Tilray is trading at a lower price-to-earnings ratio than Mind Medicine (MindMed), indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Mind Medicine (MindMed)N/AN/A-$95.73M-$2.94-2.99
Tilray$627.12M2.22-$1.45B-$0.44-4.09

Mind Medicine (MindMed) has a net margin of 0.00% compared to Tilray's net margin of -43.98%. Tilray's return on equity of -2.68% beat Mind Medicine (MindMed)'s return on equity.

Company Net Margins Return on Equity Return on Assets
Mind Medicine (MindMed)N/A -84.72% -59.00%
Tilray -43.98%-2.68%-2.09%

Summary

Mind Medicine (MindMed) beats Tilray on 13 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MNMD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MNMD vs. The Competition

MetricMind Medicine (MindMed)Medicinals & botanicals IndustryMedical SectorNASDAQ Exchange
Market Cap$618.38M$1.25B$5.11B$7.97B
Dividend YieldN/A2.61%2.75%4.00%
P/E Ratio-2.995.44120.3615.18
Price / SalesN/A8.982,428.4593.40
Price / CashN/A167.7435.0431.51
Price / Book3.152.015.524.59
Net Income-$95.73M-$165.47M$105.88M$213.90M
7 Day Performance6.93%-0.95%1.13%0.87%
1 Month Performance-6.68%-9.37%1.42%3.60%
1 Year Performance147.89%3.18%4.04%7.91%

Mind Medicine (MindMed) Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TLRY
Tilray
1.7024 of 5 stars
$1.80
-0.6%
$2.71
+50.5%
+7.8%$1.40B$627.12M-4.091,600
CRON
Cronos Group
0.35 of 5 stars
$2.50
-2.3%
$3.00
+20.0%
+48.0%$977.95M$87.24M-16.67356Short Interest ↑
USNA
USANA Health Sciences
3.365 of 5 stars
$46.71
+0.2%
$46.00
-1.5%
-21.6%$887.76M$921.01M14.551,800
CGC
Canopy Growth
0.7063 of 5 stars
$8.59
+1.3%
$4.87
-43.3%
+2.2%$713.71M$304.79M-0.571,621Short Interest ↑
News Coverage
BTMD
biote
1.184 of 5 stars
$6.56
-2.4%
$8.11
+23.6%
+21.8%$416.89M$185.36M59.64194Positive News
ACB
Aurora Cannabis
0.0707 of 5 stars
$6.15
-0.3%
N/A+21.6%$336.55M$174.88M-2.121,130Gap Up
CDXC
ChromaDex
3.6919 of 5 stars
$2.83
-1.4%
$6.00
+112.0%
+95.7%$216.80M$83.57M-56.60106Positive News
MDWD
MediWound
2.1639 of 5 stars
$16.04
+0.2%
$32.00
+99.5%
+78.1%$151.96M$18.69M-11.62100Analyst Forecast
Analyst Revision
FTLF
FitLife Brands
0 of 5 stars
$30.57
-0.7%
N/A+80.5%$141.63M$52.70M20.6637Positive News
BGXX
Bright Green
0 of 5 stars
$0.22
+4.7%
N/A-73.3%$40.89MN/A-3.195Short Interest ↑
News Coverage
Gap Up
High Trading Volume

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This page (NASDAQ:MNMD) was last updated on 6/1/2024 by MarketBeat.com Staff

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