Nexxen International (NASDAQ:NEXN – Get Free Report) is one of 113 public companies in the “Computer programming, data processing, & other computer related” industry, but how does it weigh in compared to its rivals? We will compare Nexxen International to similar businesses based on the strength of its profitability, institutional ownership, dividends, valuation, earnings, analyst recommendations and risk.
Institutional & Insider Ownership
54.2% of Nexxen International shares are owned by institutional investors. Comparatively, 50.7% of shares of all “Computer programming, data processing, & other computer related” companies are owned by institutional investors. 16.5% of shares of all “Computer programming, data processing, & other computer related” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Earnings & Valuation
This table compares Nexxen International and its rivals gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Nexxen International | $331.99 million | -$21.49 million | -37.33 |
Nexxen International Competitors | $9.03 billion | $1.97 billion | 45.11 |
Volatility and Risk
Nexxen International has a beta of 1.89, indicating that its share price is 89% more volatile than the S&P 500. Comparatively, Nexxen International’s rivals have a beta of 1.41, indicating that their average share price is 41% more volatile than the S&P 500.
Profitability
This table compares Nexxen International and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Nexxen International | -6.47% | 2.94% | 1.80% |
Nexxen International Competitors | -156.46% | -40.31% | -8.83% |
Analyst Recommendations
This is a breakdown of recent ratings and target prices for Nexxen International and its rivals, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Nexxen International | 0 | 1 | 3 | 0 | 2.75 |
Nexxen International Competitors | 1021 | 4328 | 9708 | 288 | 2.60 |
Nexxen International presently has a consensus target price of $7.75, suggesting a potential upside of 38.39%. As a group, “Computer programming, data processing, & other computer related” companies have a potential upside of 16.57%. Given Nexxen International’s stronger consensus rating and higher possible upside, analysts plainly believe Nexxen International is more favorable than its rivals.
Summary
Nexxen International beats its rivals on 8 of the 12 factors compared.
About Nexxen International
Nexxen International Ltd. provides end-to-end software platform that enables advertisers to reach publishers Israel. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats. Its sell supply side platform (SSP) provides access to data and a comprehensive product suite to drive inventory management and revenue optimization. The company also offers data management platform solution, which integrates DSP and SSP solutions enabling advertisers and publishers to use data from various sources in order to optimize results of their advertising campaigns. It serves ad buyers, advertisers, brands, agencies, and digital publishers in the United States, the Asia-Pacific, Europe, the Middle East, and Africa. The company was formerly known as Tremor International Ltd and changed its name to Nexxen International Ltd. in January 2024. Nexxen International Ltd. was incorporated in 2007 and is headquartered in Tel Aviv-Yafo, Israel.
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