Edible Garden AG Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 77 out of 96 in the Food & Tobacco industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 80.00.In the medium term, the stock price is expected to trend up.Despite a strong stock market performance and outperforming fundamentals over the past month, the technicals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Edible Garden AG Inc's Score
Industry at a Glance
Industry Ranking
77 / 96
Overall Ranking
501 / 4521
Industry
Food & Tobacco
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Edible Garden AG Inc Highlights
StrengthsRisks
Edible Garden AG Incorporated is a controlled environment agriculture (CEA) company. The Company is engaged in locally growing, organic, and sustainable produce and products backed by Zero-Waste Inspired next-generation farming. It operates its own vertically integrated greenhouses and processing facilities in Belvidere, New Jersey and Grand Rapids, Michigan, and has a network of contract growers, all strategically located near markets in the United States. Its proprietary GreenThumb 2.0 patented software optimizes growing in vertical and traditional greenhouses while seeking to reduce pollution-generating food miles. Its proprietary Self-Watering display is designed to enhance plant shelf life and provide an enhanced in-store plant display experience. It is also a developer of ingredients and proteins, providing an accessible line of plant and whey protein powders under the Vitamin Way and Vitamin Whey brands. It also offers pulp-fermented gourmet and chili-based sauces.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 19.95% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 13.86M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 13.86M.
Overvalued
The company’s latest PE is 0.01, at a high 3-year percentile range.
Edible Garden AG Incorporated is a controlled environment agriculture (CEA) company. The Company is engaged in locally growing, organic, and sustainable produce and products backed by Zero-Waste Inspired next-generation farming. It operates its own vertically integrated greenhouses and processing facilities in Belvidere, New Jersey and Grand Rapids, Michigan, and has a network of contract growers, all strategically located near markets in the United States. Its proprietary GreenThumb 2.0 patented software optimizes growing in vertical and traditional greenhouses while seeking to reduce pollution-generating food miles. Its proprietary Self-Watering display is designed to enhance plant shelf life and provide an enhanced in-store plant display experience. It is also a developer of ingredients and proteins, providing an accessible line of plant and whey protein powders under the Vitamin Way and Vitamin Whey brands. It also offers pulp-fermented gourmet and chili-based sauces.