Cresco Labs (OTCMKTS:CRLBF – Get Free Report) and GE HealthCare Technologies (NASDAQ:GEHC – Get Free Report) are both healthcare companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, earnings, profitability, dividends, analyst recommendations, risk and institutional ownership.
Analyst Ratings
This is a summary of recent ratings and recommmendations for Cresco Labs and GE HealthCare Technologies, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Cresco Labs | 0 | 0 | 1 | 2 | 3.67 |
| GE HealthCare Technologies | 0 | 11 | 12 | 0 | 2.52 |
GE HealthCare Technologies has a consensus price target of $80.57, indicating a potential upside of 5.22%. Given GE HealthCare Technologies’ higher probable upside, analysts plainly believe GE HealthCare Technologies is more favorable than Cresco Labs.
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| Cresco Labs | -15.50% | -7.53% | -1.68% |
| GE HealthCare Technologies | 9.96% | 20.45% | 5.97% |
Earnings and Valuation
This table compares Cresco Labs and GE HealthCare Technologies”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Cresco Labs | $655.85 million | 0.33 | -$135.41 million | ($0.30) | -1.91 |
| GE HealthCare Technologies | $20.62 billion | 1.68 | $2.08 billion | $4.36 | 17.56 |
GE HealthCare Technologies has higher revenue and earnings than Cresco Labs. Cresco Labs is trading at a lower price-to-earnings ratio than GE HealthCare Technologies, indicating that it is currently the more affordable of the two stocks.
Volatility & Risk
Cresco Labs has a beta of 1.59, suggesting that its share price is 59% more volatile than the S&P 500. Comparatively, GE HealthCare Technologies has a beta of 0.73, suggesting that its share price is 27% less volatile than the S&P 500.
Institutional and Insider Ownership
0.1% of Cresco Labs shares are owned by institutional investors. Comparatively, 82.1% of GE HealthCare Technologies shares are owned by institutional investors. 0.4% of GE HealthCare Technologies shares are owned by company 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
GE HealthCare Technologies beats Cresco Labs on 11 of the 14 factors compared between the two stocks.
About Cresco Labs
Cresco Labs Inc., together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States. It provides cannabis in flowers, vape pens, live resins, disposable pens, and extracts under the Cresco brand; vape carts, vape pens, flower, popcorn, shake, pre-rolls, shorties, and concentrates under the High Supply brand; vapes and gummies under the Good News brand; vapes and edibles under the Wonder Wellness Co. brand; and tinctures, capsules, salves, and sublingual oils under the Remedi brand. The company also offers cannabis flowers under the FloraCal brand; and chocolate and toffee confections and fruit-forward gummies under the Mindy's Edibles brand, as well as licenses the Kiva brand, which produces cannabis infused edibles, including chocolate confections, gummies, mints, and tarts. In addition, the company offers cannabis-infused edibles under the Sunnyside brand. The company was incorporated in 1990 and is headquartered in Chicago, Illinois.
About GE HealthCare Technologies
GE HealthCare Technologies Inc. engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally. The company operates through four segments: Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics. The Imaging segment offers molecular imaging, computed tomography (CT) scanning, magnetic resonance (MR) imaging, image-guided therapy, X-ray systems, and women’s health products. The Ultrasound segment provides medical devices and solutions for screening, diagnosis, treatment, and monitoring of certain diseases in clinical areas, such as radiology and primary care, women’s health, cardiovascular, and point of care and handheld ultrasound solutions, as well as surgical visualization and guidance products. The Patient Care Solutions segment provides medical devices, consumables, services, and digital solutions. Its portfolio includes patient monitoring solutions, anesthesia delivery and respiratory care products, electrocardiogram solutions, maternal infant care products, and consumables and services. The Pharmaceutical Diagnostics supplies diagnostic agents, including CT, angiography and X-ray, MR, single-photon emission computed tomography, positron emission tomography, and ultrasound to the radiology and nuclear medicine industry. The segment also provides contrast media pharmaceuticals that are administered to a patient prior to certain diagnostic scans to increase the visibility of tissues or structures during imaging exams; and molecular imaging agents or radiopharmaceuticals, which are molecular tracers labeled with radioisotopes. It has an AI collaboration with Mass General Brigham. The company was formerly known as GE Healthcare Holding LLC and changed its name to GE HealthCare Technologies Inc. in December 2022. The company was incorporated in 2022 and is headquartered in Chicago, Illinois.
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