Insider and Institutional Ownership
13.0% of Edible Garden shares are owned by institutional investors. Comparatively, 6.6% of Lendway shares are owned by institutional investors. 0.2% of Edible Garden shares are owned by company insiders. Comparatively, 13.2% of Lendway shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Earnings and Valuation
This table compares Edible Garden and Lendway”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Edible Garden | $14.07 million | 0.34 | -$10.19 million | ($26.31) | -0.01 |
Lendway | $31.58 million | 0.22 | $2.41 million | ($1.98) | -1.99 |
Lendway has higher revenue and earnings than Edible Garden. Lendway is trading at a lower price-to-earnings ratio than Edible Garden, indicating that it is currently the more affordable of the two stocks.
Risk & Volatility
Profitability
This table compares Edible Garden and Lendway’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Edible Garden | -78.61% | -52,263.51% | -135.27% |
Lendway | N/A | -21.56% | -4.32% |
Summary
Lendway beats Edible Garden on 8 of the 11 factors compared between the two stocks.
About Edible Garden
Edible Garden AG Incorporated, together with its subsidiaries, operate as a controlled environment agriculture farming company. It offers various packaged products, including cilantro, rosemary, mint, thyme, oregano, bay leaves, chives, poultry mix, sage, dill, buttercrunch living lettuce, basil, living butterhead lettuce, basil, parsley, arugula spring mix, baby arugula blend, baby romaine, and crisp ranch and Caesar salad kits. The company sells its products to various regional and national supermarkets. Edible Garden AG Incorporated was founded in 2020 and is based in Belvidere, New Jersey.
About Lendway
Lendway, Inc. operates as a specialty agricultural and finance company focusing on making and managing its agricultural investments in the United States and internationally. It owns and operates FarmlandCredit.com, a non-bank lending business that seeks to purchase existing loans and/or originate and fund new loans domestically. The company was formerly known as Insignia Systems, Inc. and changed its name to Lendway, Inc. in August 2023. The company was incorporated in 1990 and is headquartered in Minneapolis, Minnesota.
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