Beam Therapeutics (NASDAQ:BEAM) and Promis Neurosciences (NASDAQ:PMN) Financial Comparison

Beam Therapeutics (NASDAQ:BEAMGet Free Report) and Promis Neurosciences (NASDAQ:PMNGet Free Report) are both medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, dividends, profitability, valuation and earnings.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Beam Therapeutics and Promis Neurosciences, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Beam Therapeutics 0 2 9 3 3.07
Promis Neurosciences 0 0 3 0 3.00

Beam Therapeutics currently has a consensus target price of $48.45, suggesting a potential upside of 137.99%. Promis Neurosciences has a consensus target price of $4.33, suggesting a potential upside of 929.30%. Given Promis Neurosciences’ higher probable upside, analysts plainly believe Promis Neurosciences is more favorable than Beam Therapeutics.

Earnings & Valuation

This table compares Beam Therapeutics and Promis Neurosciences”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Beam Therapeutics $60.27 million 34.17 -$376.74 million ($4.50) -4.52
Promis Neurosciences N/A N/A $2.78 million ($0.21) -2.00

Promis Neurosciences has lower revenue, but higher earnings than Beam Therapeutics. Beam Therapeutics is trading at a lower price-to-earnings ratio than Promis Neurosciences, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

99.7% of Beam Therapeutics shares are held by institutional investors. Comparatively, 50.1% of Promis Neurosciences shares are held by institutional investors. 3.5% of Beam Therapeutics shares are held by insiders. Comparatively, 6.1% of Promis Neurosciences shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Volatility and Risk

Beam Therapeutics has a beta of 2.14, indicating that its stock price is 114% more volatile than the S&P 500. Comparatively, Promis Neurosciences has a beta of -0.05, indicating that its stock price is 105% less volatile than the S&P 500.

Profitability

This table compares Beam Therapeutics and Promis Neurosciences’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Beam Therapeutics -661.31% -43.15% -31.06%
Promis Neurosciences N/A -266.69% -131.59%

Summary

Beam Therapeutics beats Promis Neurosciences on 8 of the 14 factors compared between the two stocks.

About Beam Therapeutics

(Get Free Report)

Beam Therapeutics Inc., a biotechnology company, engages in the development of precision genetic medicines for patients suffering from serious diseases in the United States. It develops BEAM-101 for the treatment of sickle cell disease or beta-thalassemia; and BEAM-302, a liver-targeting LNP formulation to treat severe alpha-1 antitrypsin deficiency; BEAM-201, an anti-CD7 CAR-T product candidate, which is in Phase 1/2 clinical trials for the treatment of refractory T-cell acute lymphoblastic leukemia/T cell lymphoblastic lymphoma; and BEAM-301, a liver-targeting LNP formulation for the treatment of glycogen storage disease 1a. The company has research collaboration agreement with Pfizer Inc., focus on in vivo base editing programs for targets rare genetic diseases of the liver, muscle, and central nervous system; Apellis Pharmaceuticals to conduct preclinical research on target specific genes within the complement system in various organs, including the eye, liver, and brain; Verve Therapeutics, Inc., for cardiovascular disease treatments; Sana Biotechnology, Inc., to research, develop, and commercialize rights to CRISPR Cas12b for cell therapy programs; and Orbital Therapeutics design RNA for the prevention, treatment or diagnosis of human disease. Beam Therapeutics Inc. was incorporated in 2017 and is based in Cambridge, Massachusetts.

About Promis Neurosciences

(Get Free Report)

ProMIS Neurosciences, Inc. discovers and develops antibody therapies and therapeutic vaccines neurodegenerative diseases and other misfolded protein diseases in Canada. The company’s proprietary discovery platform comprises ProMIS and Collective Coordinates algorithms to predict novel targets known as disease specific epitopes on the molecular surface of misfolded proteins. Its lead product candidates comprise of PMN310, a monoclonal antibody (mAb) for toxic oligomers in AD; PMN267, a TDP-43; and PMN442, a mAb targeting toxic a-syn oligomers and seeding fibrils. The company was formerly known as Amorfix Life Sciences Ltd. and changed its name to ProMIS Neurosciences, Inc. in July 2015. ProMIS Neurosciences, Inc. was incorporated in 2004 and is headquartered in Toronto, Canada.

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