Critical Review: Nixxy (NIXX) and Its Peers

Nixxy (NASDAQ:NIXX) is one of 19 publicly-traded companies in the “Staffing” industry, but how does it contrast to its competitors? We will compare Nixxy to related companies based on the strength of its earnings, dividends, institutional ownership, analyst recommendations, valuation, profitability and risk.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Nixxy	-195.31%	-377.17%	-189.40%
Nixxy Competitors	-13.67%	-14.49%	-9.10%

Analyst Recommendations

This is a summary of recent recommendations for Nixxy and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nixxy	1	0	0	0	1.00
Nixxy Competitors	139	632	760	51	2.46

As a group, “Staffing” companies have a potential upside of 26.09%. Given Nixxy’s competitors stronger consensus rating and higher possible upside, analysts clearly believe Nixxy has less favorable growth aspects than its competitors.

Insider and Institutional Ownership

13.1% of Nixxy shares are owned by institutional investors. Comparatively, 64.8% of shares of all “Staffing” companies are owned by institutional investors. 7.2% of Nixxy shares are owned by insiders. Comparatively, 16.4% of shares of all “Staffing” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Nixxy	$610,000.00	-$22.59 million	-0.97
Nixxy Competitors	$4.40 billion	$25.85 million	-6.37

Nixxy’s competitors have higher revenue and earnings than Nixxy. Nixxy is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Risk & Volatility

Nixxy has a beta of 1.22, suggesting that its stock price is 22% more volatile than the S&P 500. Comparatively, Nixxy’s competitors have a beta of 0.83, suggesting that their average stock price is 17% less volatile than the S&P 500.

Summary

Nixxy competitors beat Nixxy on 11 of the 13 factors compared.

About Nixxy

Nixxy Inc. operates an on-demand recruiting platform which aims to deliver the right talent to both small and large businesses. It provides employers access to independent recruiters and utilizes an innovative web platform, with integrated AI-driven candidate to job matching and video screening software to source qualified talent. Nixxy Inc., formerly known as Recruiter.com Group Inc., is based in Bristol, CT.