Analyzing Allogene Therapeutics (NASDAQ:ALLO) & Oncocyte (NASDAQ:IMDX)

Allogene Therapeutics (NASDAQ:ALLOGet Free Report) and Oncocyte (NASDAQ:IMDXGet Free Report) are both small-cap healthcare companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, profitability, risk, earnings, valuation and institutional ownership.

Insider and Institutional Ownership

83.6% of Allogene Therapeutics shares are owned by institutional investors. Comparatively, 55.3% of Oncocyte shares are owned by institutional investors. 13.2% of Allogene Therapeutics shares are owned by company insiders. Comparatively, 2.2% of Oncocyte shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of recent ratings for Allogene Therapeutics and Oncocyte, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Allogene Therapeutics 1 3 8 1 2.69
Oncocyte 1 0 2 0 2.33

Allogene Therapeutics currently has a consensus price target of $8.30, suggesting a potential upside of 371.59%. Oncocyte has a consensus price target of $10.50, suggesting a potential upside of 163.82%. Given Allogene Therapeutics’ stronger consensus rating and higher possible upside, equities analysts clearly believe Allogene Therapeutics is more favorable than Oncocyte.

Volatility and Risk

Allogene Therapeutics has a beta of 0.47, meaning that its stock price is 53% less volatile than the S&P 500. Comparatively, Oncocyte has a beta of 1.8, meaning that its stock price is 80% more volatile than the S&P 500.

Earnings & Valuation

This table compares Allogene Therapeutics and Oncocyte”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Allogene Therapeutics $20,000.00 30,403.12 -$190.89 million ($0.67) -2.63
Oncocyte $4.05 million 32.15 -$50.22 million ($1.49) -2.67

Oncocyte has higher revenue and earnings than Allogene Therapeutics. Oncocyte is trading at a lower price-to-earnings ratio than Allogene Therapeutics, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Allogene Therapeutics and Oncocyte’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Allogene Therapeutics N/A -50.04% -36.74%
Oncocyte -2,955.63% N/A -107.52%

Summary

Allogene Therapeutics beats Oncocyte on 11 of the 15 factors compared between the two stocks.

About Allogene Therapeutics

(Get Free Report)

Allogene Therapeutics, Inc., a clinical stage immuno-oncology company, develops and commercializes genetically engineered allogeneic T cell therapies for the treatment of cancer. It develops, manufactures, and commercializes UCART19, an allogeneic chimeric antigen receptor (CAR) T cell product candidate for the treatment of pediatric and adult patients with R/R CD19 positive B-cell acute lymphoblastic leukemia (ALL). The company also develops cemacabtagene ansegedleucel, an engineered allogeneic CAR T cell product candidate that targets CD19 for the treatment of large B-cell lymphoma; and is in Phase 1b clinical trial for the treatment of chronic lymphocytic leukemia. In addition, it is developing ALLO-715, an allogeneic CAR T cell product candidate that is in a Phase 1 clinical trial for treating R/R multiple myeloma; ALLO-605, an allogeneic CAR T cell product candidate that is in a Phase I clinical trial for the treatment of multiple myeloma; ALLO-647, an anti-CD52 monoclonal antibody; CD70 to treat renal cell cancer; ALLO-316, an allogeneic CAR T cell product candidate that is in Phase 1 clinical trial for the treatment of advanced or metastatic RCC; ALLO-329 for the treatment of certain autoimmune diseases; DLL3 for the treatment of small cell lung cancer and other aggressive neuroendocrine tumors; and Claudin 18.2 for the treatment of gastric and pancreatic cancer. The company has license and collaboration agreements with Pfizer Inc.; Servier; Cellectis S.A.; and Notch Therapeutics Inc. It also has a strategic collaboration agreement with The University of Texas MD Anderson Cancer Center for the preclinical and clinical investigation of allogeneic CAR T cell product candidates; and a strategic partnership with Foresight Diagnostics to develop MRD-based In-Vitro Diagnostic for use in ALPHA3. The company was incorporated in 2017 and is headquartered in South San Francisco, California.

About Oncocyte

(Get Free Report)

OncoCyte Corporation, a molecular diagnostics company, researches, develops, and commercializes proprietary laboratory-developed tests for the detection of cancer in the United States and internationally. The company offers DetermaRx, a molecular test for early-stage adenocarcinoma of the lung; and DetermaIO, a proprietary gene expression assay. It also provides biomarker discovery testing, assay design and development, and clinical trial support services, as well as various biomarker tests for pharmaceutical companies. The company has a collaboration agreement with Life Technologies Corporation to develop and collaborate in the commercialization of Oncomine Comprehensive Assay Plus and Determa IO assay for use with Ion Torrent Genexus integrated sequencer and purification system. OncoCyte Corporation was incorporated in 2009 and is based in Irvine, California.

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