Contrasting Esports Technologies (EBET) and Its Peers

Esports Technologies (NASDAQ:EBET – Get Rating) is one of 34 public companies in the “Amusement & recreation services” industry, but how does it contrast to its rivals? We will compare Esports Technologies to related businesses based on the strength of its analyst recommendations, profitability, valuation, earnings, dividends, risk and institutional ownership.

Analyst Recommendations

This is a summary of recent ratings and target prices for Esports Technologies and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Esports Technologies	0	0	1	0	3.00
Esports Technologies Competitors	73	270	379	10	2.45

Esports Technologies currently has a consensus target price of $18.00, suggesting a potential upside of 367.53%. As a group, “Amusement & recreation services” companies have a potential upside of 62.29%. Given Esports Technologies’ stronger consensus rating and higher probable upside, equities analysts clearly believe Esports Technologies is more favorable than its rivals.

Valuation and Earnings

This table compares Esports Technologies and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Esports Technologies	$170,000.00	-$15.20 million	-1.56
Esports Technologies Competitors	$914.79 million	-$75.39 million	56.93

Esports Technologies’ rivals have higher revenue, but lower earnings than Esports Technologies. Esports 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.

Institutional and Insider Ownership

10.5% of Esports Technologies shares are owned by institutional investors. Comparatively, 34.0% of shares of all “Amusement & recreation services” companies are owned by institutional investors. 7.7% of Esports Technologies shares are owned by company insiders. Comparatively, 29.4% of shares of all “Amusement & recreation services” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Esports Technologies and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Esports Technologies	-117.26%	-96.71%	-54.21%
Esports Technologies Competitors	-2,733.84%	-2.38%	-207.36%

Esports Technologies Company Profile (Get Rating)

Esports Technologies, Inc. develops products and operates platforms to provide a real money online gambling experience focused on esports and competitive gaming. The company operates a portfolio of proprietary online casino and sportsbook brands consisting of Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. It also provides iGaming, which include online casino and table games, such as blackjack, virtual sport computer simulated games, and slot machines, as well as traditional sports betting. Esports Technologies, Inc. is based in Las Vegas, Nevada.