Financial Comparison: Enthusiast Gaming (EGLX) and Its Competitors

Enthusiast Gaming (NASDAQ:EGLXGet Rating) is one of 33 publicly-traded companies in the “Amusement & recreation services” industry, but how does it weigh in compared to its competitors? We will compare Enthusiast Gaming to similar companies based on the strength of its profitability, analyst recommendations, risk, dividends, valuation, institutional ownership and earnings.

Volatility & Risk

Enthusiast Gaming has a beta of -0.45, suggesting that its share 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 share price is 133% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Enthusiast Gaming and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enthusiast Gaming 0 0 3 0 3.00
Enthusiast Gaming Competitors 13 142 313 4 2.65

Enthusiast Gaming presently has a consensus target price of $8.00, indicating a potential upside of 265.30%. As a group, “Amusement & recreation services” companies have a potential upside of 57.71%. Given Enthusiast Gaming’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Enthusiast Gaming is more favorable than its competitors.

Profitability

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

Net Margins Return on Equity Return on Assets
Enthusiast Gaming -26.65% -19.98% -14.49%
Enthusiast Gaming Competitors -2,737.81% -1.13% -206.04%

Earnings & Valuation

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

Gross Revenue Net Income Price/Earnings Ratio
Enthusiast Gaming $132.78 million -$41.53 million -7.06
Enthusiast Gaming Competitors $996.05 million -$74.95 million 48.80

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

Institutional and Insider Ownership

19.1% of Enthusiast Gaming shares are held by institutional investors. Comparatively, 34.7% of shares of all “Amusement & recreation services” companies are held by institutional investors. 25.2% of shares of all “Amusement & recreation services” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Enthusiast Gaming competitors beat Enthusiast Gaming on 7 of the 13 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.

Receive News & Ratings for Enthusiast Gaming Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enthusiast Gaming and related companies with MarketBeat.com's FREE daily email newsletter.