NextPlay Technologies (NXTP) vs. Its Peers Critical Survey

NextPlay Technologies (NASDAQ:NXTPGet Rating) is one of 231 public companies in the “Business services, not elsewhere classified” industry, but how does it weigh in compared to its competitors? We will compare NextPlay Technologies to similar businesses based on the strength of its earnings, profitability, risk, valuation, institutional ownership, dividends and analyst recommendations.

Valuation and Earnings

This table compares NextPlay Technologies and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
NextPlay Technologies $8.20 million -$37.97 million -0.50
NextPlay Technologies Competitors $3.33 billion $332.95 million 15.72

NextPlay Technologies’ competitors have higher revenue and earnings than NextPlay Technologies. NextPlay Technologies 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.

Risk and Volatility

NextPlay Technologies has a beta of 2.94, meaning that its share price is 194% more volatile than the S&P 500. Comparatively, NextPlay Technologies’ competitors have a beta of 1.04, meaning that their average share price is 4% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for NextPlay Technologies and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NextPlay Technologies 0 0 1 0 3.00
NextPlay Technologies Competitors 729 5435 11562 256 2.63

NextPlay Technologies currently has a consensus price target of $2.00, suggesting a potential upside of 408.91%. As a group, “Business services, not elsewhere classified” companies have a potential upside of 57.89%. Given NextPlay Technologies’ stronger consensus rating and higher possible upside, research analysts plainly believe NextPlay Technologies is more favorable than its competitors.

Institutional and Insider Ownership

25.1% of NextPlay Technologies shares are owned by institutional investors. Comparatively, 60.3% of shares of all “Business services, not elsewhere classified” companies are owned by institutional investors. 24.1% of NextPlay Technologies shares are owned by insiders. Comparatively, 14.3% of shares of all “Business services, not elsewhere classified” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability

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

Net Margins Return on Equity Return on Assets
NextPlay Technologies -548.39% -67.11% -44.80%
NextPlay Technologies Competitors -20.86% -52.32% -7.83%

Summary

NextPlay Technologies competitors beat NextPlay Technologies on 8 of the 13 factors compared.

About NextPlay Technologies (Get Rating)

NextPlay Technologies, Inc., a technology solutions company, provides games, in-game advertising, crypto-banking, connected TV, and travel booking services to consumers and corporations. The company is based in Sunrise, Florida.

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