Head-To-Head Analysis: Corsair Gaming (NASDAQ:CRSR) versus Flutter Entertainment (NYSE:FLUT)

Corsair Gaming (NASDAQ:CRSR) and Flutter Entertainment (NYSE:FLUT) are both consumer discretionary companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, risk, profitability, analyst recommendations, valuation, earnings and dividends.

Valuation and Earnings

This table compares Corsair Gaming and Flutter Entertainment”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Corsair Gaming	$1.32 billion	0.71	-$99.18 million	($0.81)	-10.83
Flutter Entertainment	$14.05 billion	3.66	$43.00 million	$2.03	143.87

Flutter Entertainment has higher revenue and earnings than Corsair Gaming. Corsair Gaming is trading at a lower price-to-earnings ratio than Flutter Entertainment, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Corsair Gaming and Flutter Entertainment’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Corsair Gaming	-6.00%	-3.12%	-1.54%
Flutter Entertainment	2.96%	12.15%	4.68%

Risk and Volatility

Corsair Gaming has a beta of 1.77, meaning that its share price is 77% more volatile than the S&P 500. Comparatively, Flutter Entertainment has a beta of 2.29, meaning that its share price is 129% more volatile than the S&P 500.

Insider & Institutional Ownership

25.7% of Corsair Gaming shares are held by institutional investors. 58.4% of Corsair Gaming shares are held by insiders. Comparatively, 0.1% of Flutter Entertainment shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of current ratings and target prices for Corsair Gaming and Flutter Entertainment, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Corsair Gaming	0	3	2	1	2.67
Flutter Entertainment	0	4	20	1	2.88

Corsair Gaming currently has a consensus target price of $9.83, suggesting a potential upside of 12.12%. Flutter Entertainment has a consensus target price of $332.70, suggesting a potential upside of 13.91%. Given Flutter Entertainment’s stronger consensus rating and higher possible upside, analysts plainly believe Flutter Entertainment is more favorable than Corsair Gaming.

Summary

Flutter Entertainment beats Corsair Gaming on 12 of the 14 factors compared between the two stocks.

About Corsair Gaming

Corsair Gaming, Inc., together with its subsidiaries, designs, develops, markets, and sells gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, controllers, and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, gaming furniture, and other related products. The company also provides gaming components and systems comprising power supply units, cooling solutions, computer cases, and DRAM modules, as well as prebuilt and custom-built gaming PCs and laptops, gaming monitors, and others; and PC gaming software comprising iCUE for gamers and Elgato streaming suite for content creators, as well as digital services. It sells its products through e-retail, retail, and direct-to-consumer channels and distributors. Corsair Gaming, Inc. was formerly known as Corsair Components (Cayman) Ltd and changed its name to Corsair Gaming, Inc in August 2017. The company was incorporated in 1994 and is headquartered in Milpitas, California.

About Flutter Entertainment

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting. In addition, it provides online poker, casino, and rummy. Further, it provides sports betting and gaming services through paddypower.com, betfair.com, sportsbet.com.au, tvg.com, us.betfair.com, fanduel.com, adjarabet.com, pokerstars.com, Skybet.com, tombola.com, sisal.com, and maxbet.rs websites under the FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, tombola, Betfair, MaxBet, TVG, Stardust, Junglee Games, and Adjarabet brands, as well as live poker tours and events. The company was formerly known as Paddy Power Betfair plc and changed its name to Flutter Entertainment plc in 2019. Flutter Entertainment plc was incorporated in 1958 and is headquartered in Dublin, Ireland.