Enthusiast Gaming (NASDAQ:EGLX – Get Rating) is one of 34 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 businesses based on the strength of its dividends, analyst recommendations, risk, profitability, earnings, valuation and institutional ownership.
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 | -2,733.84% | -2.38% | -207.36% |
Earnings and Valuation
This table compares Enthusiast Gaming and its competitors gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Enthusiast Gaming | $132.78 million | -$41.53 million | -7.19 |
| Enthusiast Gaming Competitors | $914.79 million | -$75.39 million | 64.79 |
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.
Insider & Institutional Ownership
19.1% of Enthusiast Gaming shares are owned by institutional investors. Comparatively, 34.0% of shares of all “Amusement & recreation services” companies are owned by institutional investors. 29.4% of shares of all “Amusement & recreation services” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Analyst Recommendations
This is a summary of current recommendations for Enthusiast Gaming and its competitors, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Enthusiast Gaming | 0 | 0 | 3 | 0 | 3.00 |
| Enthusiast Gaming Competitors | 73 | 271 | 381 | 10 | 2.45 |
Enthusiast Gaming currently has a consensus price target of $8.00, indicating a potential upside of 258.74%. As a group, “Amusement & recreation services” companies have a potential upside of 56.98%. Given Enthusiast Gaming’s stronger consensus rating and higher probable upside, research analysts plainly believe Enthusiast Gaming is more favorable than its competitors.
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.
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