Edible Garden (NASDAQ:EDBL – Get Rating) is one of 33 publicly-traded companies in the “Agricultural production – crops” industry, but how does it compare to its peers? We will compare Edible Garden to similar companies based on the strength of its earnings, valuation, institutional ownership, dividends, analyst recommendations, risk and profitability.
Valuation & Earnings
This table compares Edible Garden and its peers revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Edible Garden | $11.55 million | -$12.45 million | -0.04 |
| Edible Garden Competitors | $1.63 billion | $21.77 million | -0.08 |
Edible Garden’s peers have higher revenue and earnings than Edible Garden. Edible Garden is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Analyst Ratings
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Edible Garden | 0 | 0 | 1 | 0 | 3.00 |
| Edible Garden Competitors | 102 | 171 | 490 | 23 | 2.55 |
Edible Garden currently has a consensus target price of $7.00, suggesting a potential upside of 276.34%. As a group, “Agricultural production – crops” companies have a potential upside of 54.42%. Given Edible Garden’s stronger consensus rating and higher possible upside, equities analysts plainly believe Edible Garden is more favorable than its peers.
Profitability
This table compares Edible Garden and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Edible Garden | -107.71% | N/A | -172.89% |
| Edible Garden Competitors | -339.13% | -25.58% | -15.99% |
Insider and Institutional Ownership
2.5% of Edible Garden shares are held by institutional investors. Comparatively, 25.5% of shares of all “Agricultural production – crops” companies are held by institutional investors. 39.4% of Edible Garden shares are held by insiders. Comparatively, 17.7% of shares of all “Agricultural production – crops” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Summary
Edible Garden beats its peers on 7 of the 12 factors compared.
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.
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