Institutional & Insider Ownership
68.2% of shares of all “TEXTILE – APPAREL” companies are held by institutional investors. 23.2% of Nitches shares are held by insiders. Comparatively, 17.4% of shares of all “TEXTILE – APPAREL” companies are held 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 Nitches and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Nitches | N/A | N/A | N/A |
| Nitches Competitors | 2.20% | -40.65% | 3.66% |
Volatility and Risk
Nitches has a beta of 3.07, suggesting that its share price is 207% more volatile than the S&P 500. Comparatively, Nitches’ peers have a beta of 0.82, suggesting that their average share price is 18% less volatile than the S&P 500.
Valuation and Earnings
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Nitches | N/A | -$2.84 million | -0.09 |
| Nitches Competitors | $6.71 billion | $492.67 million | 0.69 |
Nitches’ peers have higher revenue and earnings than Nitches. Nitches is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Summary
Nitches peers beat Nitches on 6 of the 9 factors compared.
About Nitches
Nitches Inc. engages in the production and distribution of household, lifestyle, travel and leisure, sports goods, and clothing items. It also develops NITCHES OVS, an owner verification system (OVS) mobile application that can be used to verify authenticity and ownership of Nitches' luxury products, apparels, and streetwear clothing items. The company sells its products through on-line store on the Nitches website, nitchescorp.com/brands/. Nitches Inc. was formerly known as Beebas Creations Inc. and changed its name to Nitches Inc. in July 1992. The company was founded in 1971 and is based in Las Vegas, California.
Receive News & Ratings for Nitches Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nitches and related companies with MarketBeat.com's FREE daily email newsletter.
