Critical Comparison: Ocular Therapeutix (OCUL) versus Its Rivals

Ocular Therapeutix (NASDAQ:OCUL) is one of 897 public companies in the “Pharmaceuticals” industry, but how does it weigh in compared to its rivals? We will compare Ocular Therapeutix to related businesses based on the strength of its earnings, valuation, institutional ownership, dividends, profitability, risk and analyst recommendations.

Earnings and Valuation

This table compares Ocular Therapeutix and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Ocular Therapeutix	$52.05 million	-$265.94 million	-4.91
Ocular Therapeutix Competitors	$3.55 billion	$3.19 billion	547.84

Ocular Therapeutix’s rivals have higher revenue and earnings than Ocular Therapeutix. Ocular Therapeutix is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Volatility and Risk

Ocular Therapeutix has a beta of 1, meaning that its share price has a similar volatility profile to the S&P 500.Comparatively, Ocular Therapeutix’s rivals have a beta of -3.75, meaning that their average share price is 475% less volatile than the S&P 500.

Profitability

This table compares Ocular Therapeutix and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Ocular Therapeutix	-579.10%	-59.89%	-45.99%
Ocular Therapeutix Competitors	-2,380.90%	-221.90%	-15.99%

Analyst Ratings

This is a summary of current ratings and price targets for Ocular Therapeutix and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Ocular Therapeutix	1	1	8	1	2.82
Ocular Therapeutix Competitors	7765	13847	25696	1031	2.41

Ocular Therapeutix presently has a consensus price target of $23.33, suggesting a potential upside of 234.77%. As a group, “Pharmaceuticals” companies have a potential upside of 24.33%. Given Ocular Therapeutix’s stronger consensus rating and higher probable upside, equities analysts plainly believe Ocular Therapeutix is more favorable than its rivals.

Insider and Institutional Ownership

59.2% of Ocular Therapeutix shares are owned by institutional investors. Comparatively, 32.5% of shares of all “Pharmaceuticals” companies are owned by institutional investors. 3.1% of Ocular Therapeutix shares are owned by insiders. Comparatively, 14.1% of shares of all “Pharmaceuticals” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

Ocular Therapeutix beats its rivals on 8 of the 13 factors compared.

About Ocular Therapeutix

Ocular Therapeutix, Inc., a biopharmaceutical company, focuses on the formulation, development, and commercialization of therapies for diseases and conditions of the eye using its bioresorbable hydrogel-based formulation technology in the United States. The company markets DEXTENZA, a dexamethasone ophthalmic insert to treat post-surgical ocular inflammation and pain following ophthalmic surgery, as well as allergic conjunctivitis. It is developing AXPAXLI, an axitinib intravitreal implant that is in phase 3 trials for the treatment of wet age-related macular degeneration and other retinal diseases; PAXTRAVA, a travoprost intracameral implant, which is in phase 2 clinical trials for the treatment of open-angle glaucoma or ocular hypertension; OTX-CSI, a cyclosporine intracanalicular insert that has completed phase 2 clinical trials for the treatment of dry eye disease; and OTX-DED, a dexamethasone intracanalicular insert, which is in phase 2 clinical trials for the short-term treatment of the signs and symptoms of dry eye disease. In addition, the company offers modulator for intermediate and late dry age-related macular degeneration; and gene delivery for inherited retinal degenerations and protein biofactory indications. The company has a strategic collaboration with Regeneron Pharmaceuticals, Inc. (Regeneron) for the development and commercialization of products using the company’s sustained-release hydrogel in combination with Regeneron’s large molecule VEGF-targeting compounds for the treatment of retinal diseases; and AffaMed Therapeutics Limited for the development and commercialization of DEXTENZA and OTX-TIC. Ocular Therapeutix, Inc. was incorporated in 2006 and is headquartered in Bedford, Massachusetts.