Ocugen (OCGN) and Its Peers Critical Comparison

Ocugen (NASDAQ: OCGN) is one of 29 publicly-traded companies in the “Surgical appliances & supplies” industry, but how does it weigh in compared to its peers? We will compare Ocugen to similar companies based on the strength of its institutional ownership, risk, valuation, earnings, dividends, analyst recommendations and profitability.

Risk and Volatility

Ocugen has a beta of 3, indicating that its share price is 200% more volatile than the S&P 500. Comparatively, Ocugen’s peers have a beta of 1.13, indicating that their average share price is 13% more volatile than the S&P 500.

Profitability

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

Net Margins Return on Equity Return on Assets
Ocugen N/A -34.96% 18.40%
Ocugen Competitors -125.76% -66.54% -24.99%

Analyst Ratings

This is a breakdown of recent ratings for Ocugen and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ocugen 0 0 0 0 N/A
Ocugen Competitors 282 1008 1709 86 2.52

As a group, “Surgical appliances & supplies” companies have a potential upside of 7.33%. Given Ocugen’s peers higher possible upside, analysts plainly believe Ocugen has less favorable growth aspects than its peers.

Institutional and Insider Ownership

56.3% of shares of all “Surgical appliances & supplies” companies are owned by institutional investors. 19.7% of Ocugen shares are owned by company insiders. Comparatively, 8.2% of shares of all “Surgical appliances & supplies” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Ocugen and its peers top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Ocugen N/A -$8.64 million -0.05
Ocugen Competitors $1.39 billion $142.47 million 17.73

Ocugen’s peers have higher revenue and earnings than Ocugen. Ocugen 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.

Ocugen Company Profile

Ocugen, Inc., a clinical stage biopharmaceutical company, focuses on discovering, developing, and commercializing a pipeline of innovative therapies that address rare and underserved eye diseases. The company offers an ophthalmology portfolio that includes novel gene therapies, biologics, and small molecules, as well as targets a range of retinal and ocular surface diseases. Its pipeline includes OCU400 and OCU410 for the treatment of inherited retinal disorders; OCU200 for the treatment of wet-AMD, DME, and diabetic retinopathy; OCU100 for retinitis pigmentosa; and OCU300, which is in Phase III clinical trial for the treatment of ocular graft versus host diseases. The company based in Malvern, Pennsylvania.

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