Reviewing Sharplink Gaming (NASDAQ:SBET) & Codere Online Luxembourg (NASDAQ:CDRO)

Codere Online Luxembourg (NASDAQ:CDROGet Free Report) and Sharplink Gaming (NASDAQ:SBETGet Free Report) are both small-cap consumer discretionary companies, but which is the better business? We will compare the two companies based on the strength of their dividends, institutional ownership, profitability, earnings, analyst recommendations, valuation and risk.

Insider & Institutional Ownership

10.3% of Codere Online Luxembourg shares are owned by institutional investors. Comparatively, 13.8% of Sharplink Gaming shares are owned by institutional investors. 1.2% of Codere Online Luxembourg shares are owned by insiders. Comparatively, 3.4% of Sharplink Gaming shares are owned 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 Ratings

This is a breakdown of current ratings and recommmendations for Codere Online Luxembourg and Sharplink Gaming, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Codere Online Luxembourg 0 3 0 0 2.00
Sharplink Gaming 1 1 5 1 2.75

Codere Online Luxembourg presently has a consensus price target of $8.50, suggesting a potential upside of 4.68%. Sharplink Gaming has a consensus price target of $24.71, suggesting a potential upside of 228.21%. Given Sharplink Gaming’s stronger consensus rating and higher probable upside, analysts clearly believe Sharplink Gaming is more favorable than Codere Online Luxembourg.

Risk and Volatility

Codere Online Luxembourg has a beta of 0.42, suggesting that its stock price is 58% less volatile than the S&P 500. Comparatively, Sharplink Gaming has a beta of 11.4, suggesting that its stock price is 1,040% more volatile than the S&P 500.

Valuation and Earnings

This table compares Codere Online Luxembourg and Sharplink Gaming”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Codere Online Luxembourg $217.20 million 1.71 $4.23 million N/A N/A
Sharplink Gaming $28.06 million 52.91 $10.10 million ($2.39) -3.15

Sharplink Gaming has lower revenue, but higher earnings than Codere Online Luxembourg.

Profitability

This table compares Codere Online Luxembourg and Sharplink Gaming’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Codere Online Luxembourg N/A N/A N/A
Sharplink Gaming -2,618.38% -50.72% -50.55%

Summary

Sharplink Gaming beats Codere Online Luxembourg on 9 of the 13 factors compared between the two stocks.

About Codere Online Luxembourg

(Get Free Report)

Codere Online Luxembourg, S.A. operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina. The company is based in Luxembourg, Luxembourg.

About Sharplink Gaming

(Get Free Report)

SharpLink Gaming, Inc. operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. The company operates through four segments: Affiliate Marketing Services United States, Affiliate Marketing Services International, Sports Gaming Client Services, and SportsHub Games Network. It operates a performance marketing platform, which owns and operates state-specific web domains to attract, acquire, and drive local sports betting and casino traffic directly to the company's sportsbook and casino partners, which are licensed to operate in each respective state; and offers sports betting data to sports media publishers. It also provides iGaming and affiliate marketing network, which focuses on delivering quality traffic and player acquisitions, and retention and conversions to global iGaming operator partners worldwide; and development, hosting, operations, maintenance, and service of free-to-play games and contests. In addition, the company owns and operates various real-money fantasy sports and sports simulation games and mobile apps on its platform; and is licensed or authorized to operate in every state in the United States, where fantasy sports play is legal and in which SportsHub has elected to operate based on the financial viability. SharpLink Gaming, Inc. was founded in 2019 and is headquartered in Minneapolis, Minnesota.

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