Free Trial

Mind Medicine (MindMed) (MNMD) Competitors

$9.40
-0.03 (-0.32%)
(As of 07/26/2024 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 community ranking, valuation, profitability, institutional ownership, media sentiment, earnings, dividends, risk and analyst recommendations.

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%

Tilray received 404 more outperform votes than Mind Medicine (MindMed) when rated by MarketBeat users. However, 91.49% 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
43
91.49%
Underperform Votes
4
8.51%
TilrayOutperform Votes
447
59.28%
Underperform Votes
307
40.72%

Mind Medicine (MindMed) currently has a consensus target price of $22.00, suggesting a potential upside of 134.17%. Tilray has a consensus target price of $2.71, suggesting a potential upside of 48.00%. 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)
9 Buy rating(s)
2 Strong Buy rating(s)
3.18
Tilray
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25

In the previous week, Tilray had 4 more articles in the media than Mind Medicine (MindMed). MarketBeat recorded 15 mentions for Tilray and 11 mentions for Mind Medicine (MindMed). Mind Medicine (MindMed)'s average media sentiment score of 0.81 beat Tilray's score of 0.43 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)
1 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Tilray
3 Very Positive mention(s)
5 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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-$2.94-3.20
Tilray$627.12M2.26-$1.45B-$0.44-4.16

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

Mind Medicine (MindMed) has a beta of 2.58, suggesting that its share price is 158% more volatile than the S&P 500. Comparatively, Tilray has a beta of 2.19, suggesting that its share price is 119% more volatile than the S&P 500.

Summary

Mind Medicine (MindMed) beats Tilray on 12 of the 18 factors compared between the two stocks.

Get Mind Medicine (MindMed) News Delivered to You Automatically

Sign up to receive the latest news and ratings for MNMD and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

MNMD vs. The Competition

MetricMind Medicine (MindMed)Medicinals & botanicals IndustryMedical SectorNASDAQ Exchange
Market Cap$675.24M$1.24B$5.29B$8.21B
Dividend YieldN/AN/A2.71%3.96%
P/E Ratio-3.209.43169.3318.46
Price / SalesN/A13.722,085.7191.97
Price / CashN/A156.1735.6434.11
Price / Book4.941.994.944.51
Net Income-$95.73M-$86.48M$111.66M$216.36M
7 Day Performance18.47%1.26%2.74%1.78%
1 Month Performance29.23%0.74%11.41%7.93%
1 Year Performance118.49%4.83%9.98%3.06%

Mind Medicine (MindMed) Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TLRY
Tilray
1.3942 of 5 stars
1.39 / 5 stars
$1.78
-0.6%
$2.71
+52.2%
-5.2%$1.38B$627.12M-4.051,600Upcoming Earnings
CRON
Cronos Group
0.9098 of 5 stars
0.91 / 5 stars
$2.42
+2.1%
$3.00
+24.0%
+33.7%$925.12M$87.24M-16.13450Gap Down
USNA
USANA Health Sciences
3.0996 of 5 stars
3.10 / 5 stars
$41.84
-6.0%
$38.00
-9.2%
-37.3%$797.05M$921.01M13.031,800Earnings Report
Analyst Downgrade
Analyst Revision
News Coverage
CGC
Canopy Growth
1.3169 of 5 stars
1.32 / 5 stars
$7.16
-2.2%
$4.53
-36.7%
+81.8%$579.96M$220.27M-1.121,029Short Interest ↓
Analyst Revision
News Coverage
BTMD
biote
1.416 of 5 stars
1.42 / 5 stars
$7.87
+1.7%
$8.11
+3.0%
+16.1%$488.26M$185.36M71.55194Short Interest ↑
News Coverage
ACB
Aurora Cannabis
0.2897 of 5 stars
0.29 / 5 stars
$5.79
+0.5%
N/A+19.7%$315.84M$200.35M-4.141,073News Coverage
CDXC
ChromaDex
3.3144 of 5 stars
3.31 / 5 stars
$3.19
-0.3%
$6.00
+88.1%
+90.7%$240.97M$83.57M-63.80120Short Interest ↑
News Coverage
MDWD
MediWound
1.8062 of 5 stars
1.81 / 5 stars
$19.37
-0.8%
$31.33
+61.8%
+112.4%$179.75M$18.69M-14.04100Short Interest ↑
FTLF
FitLife Brands
0 of 5 stars
0.00 / 5 stars
$33.75
+2.3%
N/A+78.2%$155.25M$52.70M22.8037Positive News
BGXX
Bright Green
0.9878 of 5 stars
0.99 / 5 stars
$0.24
flat
N/A-68.2%$45.03MN/A-3.385Short Interest ↓
News Coverage

Related Companies and Tools

This page (NASDAQ:MNMD) was last updated on 7/27/2024 by MarketBeat.com Staff

From Our Partners