10x Genomics (NASDAQ:TXG) and Prenetics Global (NASDAQ:PRE) Head to Head Analysis

Prenetics Global (NASDAQ:PREGet Free Report) and 10x Genomics (NASDAQ:TXGGet Free Report) are both small-cap medical companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, profitability, analyst recommendations, earnings, dividends and risk.

Analyst Recommendations

This is a summary of current ratings and price targets for Prenetics Global and 10x Genomics, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Prenetics Global 0 0 1 0 3.00
10x Genomics 1 7 8 1 2.53

Prenetics Global presently has a consensus target price of $9.00, indicating a potential upside of 65.75%. 10x Genomics has a consensus target price of $25.14, indicating a potential upside of 61.38%. Given Prenetics Global’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Prenetics Global is more favorable than 10x Genomics.

Volatility and Risk

Prenetics Global has a beta of -0.3, indicating that its share price is 130% less volatile than the S&P 500. Comparatively, 10x Genomics has a beta of 1.83, indicating that its share price is 83% more volatile than the S&P 500.

Earnings & Valuation

This table compares Prenetics Global and 10x Genomics”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Prenetics Global $25.56 million 1.94 -$62.72 million ($3.99) -1.36
10x Genomics $629.74 million 2.99 -$255.10 million ($1.53) -10.18

Prenetics Global has higher earnings, but lower revenue than 10x Genomics. 10x Genomics is trading at a lower price-to-earnings ratio than Prenetics Global, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Prenetics Global and 10x Genomics’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Prenetics Global -191.73% -16.45% -13.34%
10x Genomics -28.93% -25.07% -19.41%

Insider and Institutional Ownership

25.0% of Prenetics Global shares are owned by institutional investors. Comparatively, 84.7% of 10x Genomics shares are owned by institutional investors. 7.8% of Prenetics Global shares are owned by company insiders. Comparatively, 10.0% of 10x Genomics shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

10x Genomics beats Prenetics Global on 9 of the 15 factors compared between the two stocks.

About Prenetics Global

(Get Free Report)

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.

About 10x Genomics

(Get Free Report)

10x Genomics, Inc., a life science technology company, develops and sells instruments, consumables, and software for analyzing biological systems in the America, Europe, the Middle East, Africa, China, and the Asia Pacific. The company provides chromium, chromium connect, and chromium controller instruments, microfluidic chips, slides, reagents, and other consumables products. Its single cell solutions runs on its chromium instruments, which include single cell gene expression for measuring gene activity and networks on a cell-by-cell basis; single cell gene expression flex; single cell immune profiling used to study the immune system; single cell Assay for Transposase Accessible Chromati (ATAC) solution to understand the epigenetic state; and single cell multiome ATAC + gene expression which enables simultaneous interrogation of both the RNA and chromatin accessibility, using ATAC in a single cell. The company also provides Visium platform which enables researchers to understand the spatial positions of biological analytes within tissues at high resolution; and Xenium platform for in situ analysis. It serves various academic, government, biopharmaceutical, biotechnology, and other institutions. The company was formerly known as 10X Technologies, Inc. and changed its name to 10x Genomics, Inc. in November 2014. 10x Genomics, Inc. was incorporated in 2012 and is headquartered in Pleasanton, California.

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