Critical Contrast: Prenetics Global (NASDAQ:PRE) and Corner Growth Acquisition (NASDAQ:COOL)

Corner Growth Acquisition (NASDAQ:COOL) and Prenetics Global (NASDAQ:PRE) are both small-cap unclassified companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, analyst recommendations, institutional ownership, risk, valuation, dividends and profitability.

Insider and Institutional Ownership

1.6% of Corner Growth Acquisition shares are held by institutional investors. Comparatively, 25.0% of Prenetics Global shares are held by institutional investors. 1.7% of Corner Growth Acquisition shares are held by insiders. Comparatively, 7.8% of Prenetics Global shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares Corner Growth Acquisition and Prenetics Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Corner Growth Acquisition	N/A	N/A	-52.53%
Prenetics Global	-193.60%	-11.15%	-9.03%

Volatility & Risk

Corner Growth Acquisition has a beta of 0.01, suggesting that its stock price is 99% less volatile than the S&P 500. Comparatively, Prenetics Global has a beta of -0.11, suggesting that its stock price is 111% less volatile than the S&P 500.

Valuation & Earnings

This table compares Corner Growth Acquisition and Prenetics Global’s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Corner Growth Acquisition	N/A	N/A	-$3.49 million	N/A	N/A
Prenetics Global	$21.74 million	1.94	-$62.72 million	($4.80)	-0.96

Corner Growth Acquisition has higher earnings, but lower revenue than Prenetics Global.

Analyst Ratings

This is a summary of recent recommendations for Corner Growth Acquisition and Prenetics Global, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Corner Growth Acquisition	0	0	0	0	N/A
Prenetics Global	0	0	1	0	3.00

Prenetics Global has a consensus price target of $9.00, indicating a potential upside of 95.23%. Given Prenetics Global’s higher probable upside, analysts plainly believe Prenetics Global is more favorable than Corner Growth Acquisition.

Summary

Prenetics Global beats Corner Growth Acquisition on 6 of the 10 factors compared between the two stocks.

About Corner Growth Acquisition

Corner Growth Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Palo Alto, California. Corner Growth Acquisition Corp. operates as a subsidiary of CGA Sponsor, LLC.

About Prenetics Global

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.