Head-To-Head Comparison: Opus Genetics (IRD) & The Competition

Opus Genetics (NASDAQ:IRD) is one of 1,064 public companies in the “Pharmaceutical preparations” industry, but how does it compare to its rivals? We will compare Opus Genetics to related businesses based on the strength of its earnings, dividends, profitability, risk, valuation, analyst recommendations and institutional ownership.

Volatility and Risk

Opus Genetics has a beta of 0.16, meaning that its share price is 84% less volatile than the S&P 500. Comparatively, Opus Genetics’ rivals have a beta of 3.68, meaning that their average share price is 268% more volatile than the S&P 500.

Earnings and Valuation

This table compares Opus Genetics and its rivals revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Opus Genetics	$19.05 million	-$9.99 million	-1.11
Opus Genetics Competitors	$1.78 billion	$126.35 million	-5.89

Opus Genetics’ rivals have higher revenue and earnings than Opus Genetics. Opus Genetics is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Insider & Institutional Ownership

15.0% of Opus Genetics shares are held by institutional investors. Comparatively, 44.2% of shares of all “Pharmaceutical preparations” companies are held by institutional investors. 6.6% of Opus Genetics shares are held by insiders. Comparatively, 13.6% of shares of all “Pharmaceutical preparations” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of recent ratings and recommmendations for Opus Genetics and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Opus Genetics	0	0	1	0	3.00
Opus Genetics Competitors	8016	21608	49347	1285	2.55

Opus Genetics presently has a consensus price target of $8.00, indicating a potential upside of 561.16%. As a group, “Pharmaceutical preparations” companies have a potential upside of 182.51%. Given Opus Genetics’ stronger consensus rating and higher possible upside, equities analysts clearly believe Opus Genetics is more favorable than its rivals.

Profitability

This table compares Opus Genetics and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Opus Genetics	-324.45%	-63.65%	-56.94%
Opus Genetics Competitors	-3,419.33%	-220.72%	-32.92%

Summary

Opus Genetics rivals beat Opus Genetics on 7 of the 13 factors compared.

About Opus Genetics

Opus Genetics Inc. is a clinical-stage ophthalmic biopharmaceutical company, focuses on developing and commercializing therapies for the treatment of unmet needs of patients with refractive and retinal eye disorders. Opus Genetics Inc., formerly known as Ocuphire Pharma Inc., is based in Farmington Hills, Michigan.