Comparing Peregrine Pharmaceuticals (CDMO) and Its Competitors

Peregrine Pharmaceuticals (NASDAQ: CDMO) is one of 48 public companies in the “Biopharmaceuticals” industry, but how does it compare to its peers? We will compare Peregrine Pharmaceuticals to similar companies based on the strength of its earnings, profitability, analyst recommendations, dividends, institutional ownership, risk and valuation.

Earnings & Valuation

This table compares Peregrine Pharmaceuticals and its peers gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Peregrine Pharmaceuticals $57.63 million -$28.15 million -4.60
Peregrine Pharmaceuticals Competitors $631.32 million $62.30 million 88.58

Peregrine Pharmaceuticals’ peers have higher revenue and earnings than Peregrine Pharmaceuticals. Peregrine Pharmaceuticals is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Institutional and Insider Ownership

18.1% of Peregrine Pharmaceuticals shares are owned by institutional investors. Comparatively, 43.1% of shares of all “Biopharmaceuticals” companies are owned by institutional investors. 2.5% of Peregrine Pharmaceuticals shares are owned by insiders. Comparatively, 15.0% of shares of all “Biopharmaceuticals” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Risk and Volatility

Peregrine Pharmaceuticals has a beta of 2.23, meaning that its share price is 123% more volatile than the S&P 500. Comparatively, Peregrine Pharmaceuticals’ peers have a beta of 1.11, meaning that their average share price is 11% more volatile than the S&P 500.

Profitability

This table compares Peregrine Pharmaceuticals and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Peregrine Pharmaceuticals -39.23% -52.55% -24.77%
Peregrine Pharmaceuticals Competitors -13,516.49% -54.24% -24.79%

Analyst Ratings

This is a summary of current ratings and price targets for Peregrine Pharmaceuticals and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Peregrine Pharmaceuticals 0 0 1 0 3.00
Peregrine Pharmaceuticals Competitors 171 842 1853 61 2.62

Peregrine Pharmaceuticals presently has a consensus price target of $10.00, indicating a potential upside of 210.56%. As a group, “Biopharmaceuticals” companies have a potential upside of 5.02%. Given Peregrine Pharmaceuticals’ stronger consensus rating and higher possible upside, analysts clearly believe Peregrine Pharmaceuticals is more favorable than its peers.

Summary

Peregrine Pharmaceuticals beats its peers on 7 of the 13 factors compared.

Peregrine Pharmaceuticals Company Profile

Avid Bioservices, Inc., formerly Peregrine Pharmaceuticals, Inc., incorporated on September 25, 1996, is a biopharmaceutical company. The Company is engaged in providing contract manufacturing services for third party customers on a fee-for-service basis while also supporting its internal drug development efforts. The Company delivers pharmaceutical products through its contract manufacturing business and through licensing its development-stage immunotherapy products. The company provides a comprehensive range of process development, high quality cGMP clinical and commercial manufacturing services for the biotechnology and biopharmaceutical industries. Its services include cGMP clinical and commercial product manufacturing, purification, bulk packaging, stability testing and regulatory strategy, submission and support. The Company also provides a variety of process development activities, including cell line development and optimization.

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