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Nuvalent (NUVL) Competitors

$65.62
-0.86 (-1.29%)
(As of 05/31/2024 ET)

NUVL vs. KDNY, PRAX, IGMS, OCGN, VTYX, RPRX, BMRN, BGNE, VTRS, and SRPT

Should you be buying Nuvalent stock or one of its competitors? The main competitors of Nuvalent include Chinook Therapeutics (KDNY), Praxis Precision Medicines (PRAX), IGM Biosciences (IGMS), Ocugen (OCGN), Ventyx Biosciences (VTYX), Royalty Pharma (RPRX), BioMarin Pharmaceutical (BMRN), BeiGene (BGNE), Viatris (VTRS), and Sarepta Therapeutics (SRPT).

Nuvalent vs.

Chinook Therapeutics (NASDAQ:KDNY) and Nuvalent (NASDAQ:NUVL) are both mid-cap medical companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, risk, earnings, dividends, media sentiment, institutional ownership, valuation, community ranking and profitability.

Chinook Therapeutics has a beta of 0.34, suggesting that its share price is 66% less volatile than the S&P 500. Comparatively, Nuvalent has a beta of 1.35, suggesting that its share price is 35% more volatile than the S&P 500.

Chinook Therapeutics presently has a consensus price target of $41.00, indicating a potential upside of 1.51%. Nuvalent has a consensus price target of $90.78, indicating a potential upside of 38.34%. Given Chinook Therapeutics' stronger consensus rating and higher possible upside, analysts clearly believe Nuvalent is more favorable than Chinook Therapeutics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Chinook Therapeutics
0 Sell rating(s)
10 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.09
Nuvalent
0 Sell rating(s)
1 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.90

Chinook Therapeutics received 2 more outperform votes than Nuvalent when rated by MarketBeat users. However, 71.43% of users gave Nuvalent an outperform vote while only 50.00% of users gave Chinook Therapeutics an outperform vote.

CompanyUnderperformOutperform
Chinook TherapeuticsOutperform Votes
27
50.00%
Underperform Votes
27
50.00%
NuvalentOutperform Votes
25
71.43%
Underperform Votes
10
28.57%

Nuvalent has lower revenue, but higher earnings than Chinook Therapeutics. Nuvalent is trading at a lower price-to-earnings ratio than Chinook Therapeutics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Chinook Therapeutics$6.13M473.15-$187.87M-$3.52-11.47
NuvalentN/AN/A-$126.22M-$2.41-27.23

In the previous week, Nuvalent had 7 more articles in the media than Chinook Therapeutics. MarketBeat recorded 7 mentions for Nuvalent and 0 mentions for Chinook Therapeutics. Chinook Therapeutics' average media sentiment score of 1.01 beat Nuvalent's score of 0.67 indicating that Nuvalent is being referred to more favorably in the news media.

Company Overall Sentiment
Chinook Therapeutics Positive
Nuvalent Positive

Nuvalent has a net margin of 0.00% compared to Nuvalent's net margin of -4,199.93%. Chinook Therapeutics' return on equity of -26.54% beat Nuvalent's return on equity.

Company Net Margins Return on Equity Return on Assets
Chinook Therapeutics-4,199.93% -58.28% -44.72%
Nuvalent N/A -26.54%-25.22%

95.2% of Chinook Therapeutics shares are owned by institutional investors. Comparatively, 97.3% of Nuvalent shares are owned by institutional investors. 16.8% of Chinook Therapeutics shares are owned by company insiders. Comparatively, 12.5% of Nuvalent shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Nuvalent beats Chinook Therapeutics on 13 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NUVL 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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NUVL vs. The Competition

MetricNuvalentPharmaceutical IndustryMedical SectorNASDAQ Exchange
Market Cap$4.29B$6.67B$5.07B$7.98B
Dividend YieldN/A2.68%2.75%4.01%
P/E Ratio-27.2311.52124.8115.08
Price / SalesN/A253.302,374.5974.82
Price / CashN/A32.4134.6830.83
Price / Book6.276.085.514.59
Net Income-$126.22M$138.60M$105.82M$213.90M
7 Day Performance-3.43%3.26%1.08%0.85%
1 Month Performance-7.12%1.05%1.77%3.57%
1 Year Performance54.40%-1.35%4.07%7.89%

Nuvalent Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
KDNY
Chinook Therapeutics
0 of 5 stars
$40.39
flat
$41.00
+1.5%
N/A$2.90B$6.13M-11.47214
PRAX
Praxis Precision Medicines
2.1492 of 5 stars
$47.46
+4.4%
$105.80
+122.9%
+268.0%$778.07M$2.45M-2.9982Positive News
High Trading Volume
IGMS
IGM Biosciences
4.0525 of 5 stars
$8.33
-4.4%
$17.89
+114.8%
-30.9%$514.09M$2.13M-1.93224Short Interest ↓
OCGN
Ocugen
0.7875 of 5 stars
$1.73
+8.8%
$4.67
+169.7%
+276.1%$409.19M$6.04M-6.9265
VTYX
Ventyx Biosciences
1.8642 of 5 stars
$4.78
-0.6%
$21.75
+355.0%
-86.1%$339.10MN/A-1.4879Positive News
RPRX
Royalty Pharma
4.8888 of 5 stars
$27.41
+3.9%
$46.75
+70.6%
-16.3%$15.77B$2.36B20.4651Positive News
High Trading Volume
BMRN
BioMarin Pharmaceutical
4.9756 of 5 stars
$75.07
+0.8%
$106.11
+41.3%
-13.7%$14.25B$2.42B70.163,401Insider Selling
Positive News
BGNE
BeiGene
2.6445 of 5 stars
$148.85
-3.5%
$251.93
+69.3%
-32.6%$14.24B$2.46B-19.6610,600Short Interest ↓
News Coverage
Positive News
Gap Down
VTRS
Viatris
0.9516 of 5 stars
$10.60
+1.1%
$11.00
+3.8%
+15.8%$12.48B$15.43B-176.6738,000Insider Selling
SRPT
Sarepta Therapeutics
4.767 of 5 stars
$129.86
+4.3%
$164.00
+26.3%
+5.1%$12.27B$1.24B1,180.551,314Analyst Forecast
High Trading Volume

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

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