Head-To-Head Contrast: Leafly (NASDAQ:LFLY) vs. Provident Acquisition (NASDAQ:PAQC)

Leafly (NASDAQ:LFLYGet Rating) and Provident Acquisition (NASDAQ:PAQCGet Rating) are both small-cap medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, analyst recommendations, earnings, dividends and profitability.

Analyst Ratings

This is a breakdown of current ratings and target prices for Leafly and Provident Acquisition, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Leafly 0 1 2 0 2.67
Provident Acquisition 0 0 0 0 N/A

Leafly currently has a consensus price target of $4.83, suggesting a potential upside of 657.93%. Given Leafly’s higher possible upside, analysts clearly believe Leafly is more favorable than Provident Acquisition.

Profitability

This table compares Leafly and Provident Acquisition’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Leafly 12.03% N/A -35.79%
Provident Acquisition N/A -52.57% 3.78%

Volatility & Risk

Leafly has a beta of 1.46, meaning that its share price is 46% more volatile than the S&P 500. Comparatively, Provident Acquisition has a beta of 0.02, meaning that its share price is 98% less volatile than the S&P 500.

Earnings and Valuation

This table compares Leafly and Provident Acquisition’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Leafly $43.04 million 0.59 -$5.70 million $0.06 10.63
Provident Acquisition N/A N/A $10.60 million $0.26 42.31

Provident Acquisition has lower revenue, but higher earnings than Leafly. Leafly is trading at a lower price-to-earnings ratio than Provident Acquisition, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

22.9% of Leafly shares are owned by institutional investors. Comparatively, 58.2% of Provident Acquisition shares are owned by institutional investors. 21.8% of Leafly shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Leafly beats Provident Acquisition on 7 of the 12 factors compared between the two stocks.

About Leafly

(Get Rating)

Leafly Holdings, Inc. owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. It offers subscription-based marketplace listings, digital advertising solutions, and software as a service-based tools to cannabis retailers and brands; and information, reviews, menus, and ordering and delivery options to its audience through its website and mobile applications. The company was founded in 2010 and is headquartered in Seattle, Washington.

About Provident Acquisition

(Get Rating)

Provident Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Central, Hong Kong.

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