Analyzing Enthusiast Gaming (EGLX) and Its Peers

Enthusiast Gaming (NASDAQ:EGLXGet Rating) is one of 34 public companies in the “Amusement & recreation services” industry, but how does it contrast to its peers? We will compare Enthusiast Gaming to similar companies based on the strength of its institutional ownership, valuation, risk, analyst recommendations, earnings, dividends and profitability.

Profitability

This table compares Enthusiast Gaming and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Enthusiast Gaming -30.82% -22.18% -16.54%
Enthusiast Gaming Competitors 2,290.89% 1.22% 170.83%

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Enthusiast Gaming and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enthusiast Gaming 0 0 3 0 3.00
Enthusiast Gaming Competitors 73 267 376 10 2.44

Enthusiast Gaming currently has a consensus price target of $8.33, suggesting a potential upside of 350.45%. As a group, “Amusement & recreation services” companies have a potential upside of 65.88%. Given Enthusiast Gaming’s stronger consensus rating and higher possible upside, research analysts clearly believe Enthusiast Gaming is more favorable than its peers.

Earnings and Valuation

This table compares Enthusiast Gaming and its peers revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Enthusiast Gaming $132.78 million -$41.53 million -5.44
Enthusiast Gaming Competitors $914.79 million -$75.39 million 53.56

Enthusiast Gaming’s peers have higher revenue, but lower earnings than Enthusiast Gaming. Enthusiast Gaming is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Insider & Institutional Ownership

19.1% of Enthusiast Gaming shares are owned by institutional investors. Comparatively, 34.0% of shares of all “Amusement & recreation services” companies are owned by institutional investors. 29.4% of shares of all “Amusement & recreation services” companies 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

Enthusiast Gaming peers beat Enthusiast Gaming on 7 of the 11 factors compared.

About Enthusiast Gaming (Get Rating)

Enthusiast Gaming Holdings Inc. engages in the media, content, entertainment, and esports businesses 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-gaming expo; provides management and support services to players involved in professional gaming; owns and manages esports teams, which cover games comprising Call of Duty, Madden NFL, Fortnite, Overwatch, Super Smash Bros., Rocket League, and Valorant; and produces and programs approximately 30 weekly shows across AVOD and OTT channels, and represents approximately 500 gaming influencers in 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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