Analyzing NOVAN INC (NOVN) and Its Competitors
NOVAN INC (NASDAQ: NOVN) is one of 19 publicly-traded companies in the “Specialty & Advanced Pharmaceuticals” industry, but how does it weigh in compared to its competitors? We will compare NOVAN INC to similar companies based on the strength of its profitability, analyst recommendations, risk, dividends, valuation, institutional ownership and earnings.
Institutional and Insider Ownership
6.1% of NOVAN INC shares are held by institutional investors. Comparatively, 66.5% of shares of all “Specialty & Advanced Pharmaceuticals” companies are held by institutional investors. 10.7% of NOVAN INC shares are held by company insiders. Comparatively, 10.0% of shares of all “Specialty & Advanced Pharmaceuticals” companies are held 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.
This table compares NOVAN INC and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|NOVAN INC Competitors||-538.85%||-41.85%||-24.81%|
This is a breakdown of recent ratings and target prices for NOVAN INC and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|NOVAN INC Competitors||98||367||965||28||2.63|
NOVAN INC presently has a consensus target price of $17.24, indicating a potential upside of 173.69%. As a group, “Specialty & Advanced Pharmaceuticals” companies have a potential upside of 26.18%. Given NOVAN INC’s stronger consensus rating and higher probable upside, equities research analysts plainly believe NOVAN INC is more favorable than its competitors.
Earnings & Valuation
This table compares NOVAN INC and its competitors gross revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|NOVAN INC||$768,999.00||-$49.04 million||-0.79|
|NOVAN INC Competitors||$2.40 billion||$905.93 million||3.52|
NOVAN INC’s competitors have higher revenue and earnings than NOVAN INC. NOVAN INC is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
NOVAN INC competitors beat NOVAN INC on 6 of the 11 factors compared.
NOVAN INC Company Profile
Novan, Inc. is a late-stage pharmaceutical company. The Company is engaged in the development and commercialization of therapies using its nitric oxide platform. The Company develops product candidates using its Nitricil technology, which enables the Company to engineer tunable new chemical entities (NCEs). The Company’s formulation science enables it to further tune the release of nitric oxide when applied to the skin by using the combinations of inactive ingredients. It is developing SB204 for the treatment of acne vulgaris in Phase III. The Company is developing its product candidate, SB206, for the treatment of external genital and perianal warts in Phase II. It is developing SB208, an investigational topical anti-fungal for the treatment of fungal infections of the skin and nails. It is developing SB204 for the treatment of inflammatory skin diseases. Its pipeline also includes SB414, a topical cream product candidate.
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