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Harmony Biosciences (HRMY) Competitors

$30.50
-0.02 (-0.07%)
(As of 06/7/2024 ET)

HRMY vs. TARO, XNCR, AIMT, RARX, OPK, JAZZ, BPMC, VKTX, IONS, and OGN

Should you be buying Harmony Biosciences stock or one of its competitors? The main competitors of Harmony Biosciences include Taro Pharmaceutical Industries (TARO), Xencor (XNCR), Aimmune Therapeutics (AIMT), Ra Pharmaceuticals (RARX), OPKO Health (OPK), Jazz Pharmaceuticals (JAZZ), Blueprint Medicines (BPMC), Viking Therapeutics (VKTX), Ionis Pharmaceuticals (IONS), and Organon & Co. (OGN). These companies are all part of the "medical" sector.

Harmony Biosciences vs.

Harmony Biosciences (NASDAQ:HRMY) and Taro Pharmaceutical Industries (NYSE:TARO) are both small-cap medical companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, media sentiment, risk, valuation, dividends, community ranking, analyst recommendations, earnings and institutional ownership.

86.2% of Harmony Biosciences shares are held by institutional investors. Comparatively, 91.4% of Taro Pharmaceutical Industries shares are held by institutional investors. 30.8% of Harmony Biosciences shares are held by insiders. Comparatively, 13.8% of Taro Pharmaceutical Industries shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Harmony Biosciences has a net margin of 22.30% compared to Taro Pharmaceutical Industries' net margin of 8.56%. Harmony Biosciences' return on equity of 28.26% beat Taro Pharmaceutical Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Harmony Biosciences22.30% 28.26% 17.23%
Taro Pharmaceutical Industries 8.56%3.75%3.09%

Taro Pharmaceutical Industries received 251 more outperform votes than Harmony Biosciences when rated by MarketBeat users. Likewise, 62.13% of users gave Taro Pharmaceutical Industries an outperform vote while only 60.29% of users gave Harmony Biosciences an outperform vote.

CompanyUnderperformOutperform
Harmony BiosciencesOutperform Votes
41
60.29%
Underperform Votes
27
39.71%
Taro Pharmaceutical IndustriesOutperform Votes
292
62.13%
Underperform Votes
178
37.87%

Harmony Biosciences presently has a consensus price target of $40.63, suggesting a potential upside of 33.86%. Taro Pharmaceutical Industries has a consensus price target of $43.00, suggesting a potential upside of 0.35%. Given Harmony Biosciences' stronger consensus rating and higher probable upside, research analysts plainly believe Harmony Biosciences is more favorable than Taro Pharmaceutical Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Harmony Biosciences
2 Sell rating(s)
0 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.50
Taro Pharmaceutical Industries
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Harmony Biosciences has higher earnings, but lower revenue than Taro Pharmaceutical Industries. Harmony Biosciences is trading at a lower price-to-earnings ratio than Taro Pharmaceutical Industries, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Harmony Biosciences$582.02M2.94$128.85M$2.3113.06
Taro Pharmaceutical Industries$629.18M2.55$53.87M$1.4429.69

Harmony Biosciences has a beta of 0.72, meaning that its share price is 28% less volatile than the S&P 500. Comparatively, Taro Pharmaceutical Industries has a beta of 0.56, meaning that its share price is 44% less volatile than the S&P 500.

In the previous week, Harmony Biosciences had 4 more articles in the media than Taro Pharmaceutical Industries. MarketBeat recorded 5 mentions for Harmony Biosciences and 1 mentions for Taro Pharmaceutical Industries. Harmony Biosciences' average media sentiment score of 1.33 beat Taro Pharmaceutical Industries' score of 0.00 indicating that Harmony Biosciences is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Harmony Biosciences
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Taro Pharmaceutical Industries
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Harmony Biosciences beats Taro Pharmaceutical Industries on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

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

MetricHarmony BiosciencesPharmaceutical IndustryMedical SectorNASDAQ Exchange
Market Cap$1.71B$6.99B$5.18B$8.19B
Dividend YieldN/A2.66%2.80%4.04%
P/E Ratio13.0611.94136.6015.48
Price / Sales2.94279.112,517.6775.52
Price / Cash11.4632.8634.4830.78
Price / Book3.795.684.954.35
Net Income$128.85M$146.91M$109.77M$215.65M
7 Day Performance2.65%-1.07%-0.39%-0.86%
1 Month Performance-3.76%-2.13%-0.16%-0.18%
1 Year Performance-17.18%-5.23%-1.16%2.09%

Harmony Biosciences Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TARO
Taro Pharmaceutical Industries
0.3916 of 5 stars
$42.86
+0.4%
$43.00
+0.3%
+9.8%$1.60B$629.18M29.761,554Analyst Forecast
XNCR
Xencor
3.8596 of 5 stars
$22.80
-2.9%
$35.43
+55.4%
-19.2%$1.45B$168.34M-10.41280Positive News
AIMT
Aimmune Therapeutics
0 of 5 stars
$34.49
flat
N/AN/A$2.26BN/A-7.68228
RARX
Ra Pharmaceuticals
0 of 5 stars
$47.99
flat
N/A+0.0%$2.27B$3M-20.7772
OPK
OPKO Health
4.4241 of 5 stars
$1.41
+0.7%
$3.17
+124.6%
-11.8%$975.79M$863.50M-4.033,930Analyst Upgrade
JAZZ
Jazz Pharmaceuticals
4.9584 of 5 stars
$106.58
+2.0%
$190.92
+79.1%
-17.5%$6.59B$3.83B21.982,800Analyst Forecast
BPMC
Blueprint Medicines
0.4874 of 5 stars
$105.82
+3.9%
$108.00
+2.1%
+80.0%$6.38B$249.38M-22.00655Analyst Forecast
Insider Selling
News Coverage
VKTX
Viking Therapeutics
4.3932 of 5 stars
$58.88
+4.7%
$112.38
+90.9%
+128.7%$6.20BN/A-63.3128Analyst Forecast
News Coverage
IONS
Ionis Pharmaceuticals
4.2469 of 5 stars
$39.87
-0.4%
$59.54
+49.3%
-8.0%$5.82B$776.62M-14.93927
OGN
Organon & Co.
4.6846 of 5 stars
$20.96
+0.3%
$22.60
+7.9%
+3.0%$5.37B$6.26B5.1210,000Positive News

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This page (NASDAQ:HRMY) was last updated on 6/7/2024 by MarketBeat.com Staff

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