Nixxy (NIXX) & Its Competitors Financial Contrast

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

Earnings & Valuation

This table compares Nixxy and its peers top-line 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 peers have higher revenue and earnings than Nixxy. Nixxy is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Nixxy and its peers’ 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%

Risk and Volatility

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

Analyst Ratings

This is a breakdown of recent recommendations for Nixxy and its peers, as provided by MarketBeat.

	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 peers stronger consensus rating and higher possible upside, analysts clearly believe Nixxy has less favorable growth aspects than its peers.

Insider and Institutional Ownership

13.1% of Nixxy shares are held by institutional investors. Comparatively, 64.8% of shares of all “Staffing” companies are held by institutional investors. 7.2% of Nixxy shares are held by insiders. Comparatively, 16.4% of shares of all “Staffing” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Nixxy peers 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.