NextPlay Technologies (NASDAQ:NXTP – Get Rating) is one of 231 publicly-traded companies in the “Business services, not elsewhere classified” industry, but how does it contrast to its rivals? We will compare NextPlay Technologies to related businesses based on the strength of its risk, dividends, earnings, valuation, institutional ownership, analyst recommendations and profitability.
Analyst Ratings
This is a breakdown of current ratings and recommmendations for NextPlay Technologies and its rivals, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
NextPlay Technologies | 0 | 0 | 1 | 0 | 3.00 |
NextPlay Technologies Competitors | 725 | 5423 | 11550 | 256 | 2.63 |
NextPlay Technologies currently has a consensus target price of $2.00, indicating a potential upside of 356.62%. As a group, “Business services, not elsewhere classified” companies have a potential upside of 52.41%. Given NextPlay Technologies’ stronger consensus rating and higher probable upside, research analysts clearly believe NextPlay Technologies is more favorable than its rivals.
Earnings and Valuation
This table compares NextPlay Technologies and its rivals gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
NextPlay Technologies | $8.20 million | -$37.97 million | -0.55 |
NextPlay Technologies Competitors | $3.33 billion | $332.95 million | 16.26 |
NextPlay Technologies’ rivals have higher revenue and earnings than NextPlay Technologies. NextPlay Technologies is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Risk and Volatility
NextPlay Technologies has a beta of 2.94, meaning that its stock price is 194% more volatile than the S&P 500. Comparatively, NextPlay Technologies’ rivals have a beta of 1.04, meaning that their average stock price is 4% more volatile than the S&P 500.
Insider and Institutional Ownership
25.1% of NextPlay Technologies shares are held by institutional investors. Comparatively, 60.3% of shares of all “Business services, not elsewhere classified” companies are held by institutional investors. 24.1% of NextPlay Technologies shares are held by company insiders. Comparatively, 14.3% of shares of all “Business services, not elsewhere classified” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Profitability
This table compares NextPlay Technologies and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
NextPlay Technologies | -548.39% | -67.11% | -44.80% |
NextPlay Technologies Competitors | -20.86% | -52.32% | -7.83% |
Summary
NextPlay Technologies rivals beat NextPlay Technologies on 8 of the 13 factors compared.
About NextPlay Technologies (Get Rating)
NextPlay Technologies, Inc., a technology solutions company, provides games, in-game advertising, crypto-banking, connected TV, and travel booking services to consumers and corporations. The company is based in Sunrise, Florida.
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