Enthusiast Gaming (EGLX) versus Its Rivals Critical Survey
Enthusiast Gaming (NASDAQ:EGLX – Get Rating) is one of 33 publicly traded companies in the “amusement and leisure services” sector, but how does it compare to its competitors? We will compare Enthusiast Gaming to related companies based on its risk strength, dividends, valuation, profitability, earnings, analyst recommendations and institutional ownership.
This table compares the net margins, return on equity, and return on assets of Enthusiast Gaming and its competitors.
|Net margins||Return on equity||return on assets|
Institutional and insider ownership
19.1% of Enthusiast Gaming’s shares are held by institutional investors. By comparison, 33.1% of the shares of all “amusement and leisure services” companies are held by institutional investors. 27.3% of the shares of all “entertainment and leisure services” companies are held by insiders of the company. Strong institutional ownership indicates that large fund managers, hedge funds, and endowments believe a stock will outperform the market over the long term.
Valuation and benefits
This table compares Enthusiast Gaming and its competitors by revenue, earnings per share (EPS), and valuation.
|Gross revenue||Net revenue||Price/earnings ratio|
|Game enthusiast||$132.78 million||-$41.53 million||-8.00|
|Game-loving competitors||$996.05 million||-74.95 million dollars||67.95|
Enthusiast Gaming competitors have higher earnings, but lower earnings than Enthusiast Gaming. Enthusiast Gaming trades at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Risk and Volatility
Enthusiast Gaming has a beta of -0.45, suggesting its stock price is 145% less volatile than the S&P 500. Comparatively, Enthusiast Gaming’s competitors have a beta of -0.33, suggesting that their average price is 133% less volatile than the S&P. 500.
This is a summary of recent valuations and target prices for Enthusiast Gaming and its competitors, as reported by MarketBeat.
|Sales Ratings||Hold odds||Buy reviews||Strong buy odds||Rating|
Enthusiast Gaming currently has a consensus price target of $8.00, suggesting a potential upside of 222.58%. As a group, “amusement and recreation services” companies have an upside potential of 50.03%. Given Enthusiast Gaming’s higher consensus rating and higher upside potential, equity research analysts clearly believe that Enthusiast Gaming is more favorable than its competitors.
Gaming Enthusiast Company Profile (Get an evaluation)
Enthusiast Gaming Holdings Inc. operates in the media, content, entertainment and esports industries in the United States, Canada and internationally. The Company operates an online network of approximately 100 gaming-related websites; owns and operates Enthusiast Gaming Live Expo, a video game exhibition; provides management and support services to players involved in professional gaming; owns and manages esports teams, which span games including Call of Duty, Madden NFL, Fortnite, Overwatch, Super Smash Bros., Rocket League, and Valorant; and produces and schedules approximately 30 shows weekly on AVOD and OTT channels, and represents approximately 500 gaming influencers on YouTube and Twitch. It also operates Luminosity Gaming, an eSports franchise; and hosts other gaming events. The company is headquartered in Toronto, Canada.
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