Comparing Aldeyra Therapeutics (NASDAQ:ALDX) & Its Peers

Aldeyra Therapeutics (NASDAQ: ALDX) is one of 295 publicly-traded companies in the “Bio Therapeutic Drugs” industry, but how does it weigh in compared to its peers? We will compare Aldeyra Therapeutics to related companies based on the strength of its risk, earnings, valuation, analyst recommendations, institutional ownership, profitability and dividends.

Risk & Volatility

Aldeyra Therapeutics has a beta of 0.59, suggesting that its stock price is 41% less volatile than the S&P 500. Comparatively, Aldeyra Therapeutics’ peers have a beta of 6.66, suggesting that their average stock price is 566% more volatile than the S&P 500.

Institutional and Insider Ownership

40.3% of Aldeyra Therapeutics shares are owned by institutional investors. Comparatively, 50.2% of shares of all “Bio Therapeutic Drugs” companies are owned by institutional investors. 28.4% of Aldeyra Therapeutics shares are owned by company insiders. Comparatively, 17.0% of shares of all “Bio Therapeutic Drugs” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Aldeyra Therapeutics and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Aldeyra Therapeutics N/A -80.41% -70.58%
Aldeyra Therapeutics Competitors -5,488.34% -451.42% -42.55%

Valuation and Earnings

This table compares Aldeyra Therapeutics and its peers top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Aldeyra Therapeutics N/A -$19.82 million -4.28
Aldeyra Therapeutics Competitors $260.16 million $66.28 million -6.26

Aldeyra Therapeutics’ peers have higher revenue and earnings than Aldeyra Therapeutics. Aldeyra Therapeutics 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

This is a breakdown of current ratings for Aldeyra Therapeutics and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Aldeyra Therapeutics 0 0 5 0 3.00
Aldeyra Therapeutics Competitors 765 3039 11201 227 2.71

Aldeyra Therapeutics presently has a consensus target price of $19.40, suggesting a potential upside of 210.40%. As a group, “Bio Therapeutic Drugs” companies have a potential upside of 38.11%. Given Aldeyra Therapeutics’ stronger consensus rating and higher possible upside, analysts clearly believe Aldeyra Therapeutics is more favorable than its peers.

Aldeyra Therapeutics Company Profile

Aldeyra Therapeutics, Inc., formerly Aldexa Therapeutics, Inc., is a biotechnology company. The Company’s principal activities include raising capital and research and development activities. The Company’s segment is the identification and development of a treatment for diseases related to high levels of aldehydes. The Company is focused on the development of products for diseases caused by inflammation and inborn errors of metabolism that are caused by naturally occurring toxic and pro-inflammatory chemical species known as aldehydes. The Company has developed a series of aldehyde traps, molecules that are designed to sequester and allow for the degradation of aldehydes. The Company’s aldehyde trap, NS2, is a product candidate that is under development for the treatment of allergic conjunctivitis and related rare allergic ocular diseases, noninfectious anterior uveitis, sjogren-larsson syndrome (SLS) and succinic semi-aldehyde dehydrogenase deficiency.

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