Financial Review: Singular Genomics Systems (NASDAQ:OMIC) versus Prenetics Global (NASDAQ:PRE)

Singular Genomics Systems (NASDAQ:OMIC) and Prenetics Global (NASDAQ:PRE) are both small-cap medical companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, valuation, analyst recommendations, risk, profitability, institutional ownership and earnings.

Analyst Ratings

This is a summary of recent recommendations and price targets for Singular Genomics Systems and Prenetics Global, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Singular Genomics Systems	0	1	0	0	2.00
Prenetics Global	0	0	1	0	3.00

Singular Genomics Systems currently has a consensus price target of $6.50, indicating a potential downside of 67.52%. Prenetics Global has a consensus price target of $9.00, indicating a potential upside of 119.94%. Given Prenetics Global’s stronger consensus rating and higher possible upside, analysts clearly believe Prenetics Global is more favorable than Singular Genomics Systems.

Insider & Institutional Ownership

65.8% of Singular Genomics Systems shares are held by institutional investors. Comparatively, 25.0% of Prenetics Global shares are held by institutional investors. 22.2% of Singular Genomics Systems shares are held by insiders. Comparatively, 7.8% of Prenetics Global shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Risk and Volatility

Singular Genomics Systems has a beta of 1.83, meaning that its share price is 83% more volatile than the S&P 500. Comparatively, Prenetics Global has a beta of -0.31, meaning that its share price is 131% less volatile than the S&P 500.

Earnings & Valuation

This table compares Singular Genomics Systems and Prenetics Global”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Singular Genomics Systems	$2.91 million	17.47	-$94.82 million	($35.11)	-0.57
Prenetics Global	$25.56 million	1.95	-$62.72 million	($3.99)	-1.03

Prenetics Global has higher revenue and earnings than Singular Genomics Systems. Prenetics Global is trading at a lower price-to-earnings ratio than Singular Genomics Systems, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Singular Genomics Systems and Prenetics Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Singular Genomics Systems	-3,237.89%	-57.87%	-37.90%
Prenetics Global	-191.73%	-16.45%	-13.34%

Summary

Prenetics Global beats Singular Genomics Systems on 9 of the 14 factors compared between the two stocks.

About Singular Genomics Systems

Singular Genomics Systems, Inc., a life science technology company, develops next generation sequencing and multiomics technology for researchers and clinicians to advance science and medicine. The company is involved in the developing of G4, consisting of G4 instrument and associated consumables for various applications, such as max read kits for single cell sequencing, rare variant detection with high-definition sequencing, gene fusion detection with ring-seq, and extended range sequencing; and PX instrument and associated consumables for applications comprising single cell gene expression and proteomics, in situ RNA sequencing, and spatial RNA and proteomics applications for tissue. Singular Genomics Systems, Inc. was incorporated in 2016 and is based in San Diego, California.

About Prenetics Global

Prenetics Global Limited, a genomics-driven health sciences company, engages in revolutionizing prevention, early detection, and treatment. It offers CircleDNA, a prevention arm that uses whole exome sequencing to offer comprehensive consumer DNA test. The company also, through its joint venture, Insighta, engages in pioneering multi-cancer early detection technologies. In addition, the company, through its equity interests in ACT Genomics Holdings Company Limited, is involved in genomic profiling of solid tumors through ACTOnco. Prenetics Global Limited was founded in 2007 and is based in Quarry Bay, Hong Kong.