Critical Review: Nixxy (NIXX) versus Its Competitors

Nixxy (NASDAQ:NIXX) is one of 19 publicly-traded companies in the “Staffing” industry, but how does it compare to its peers? We will compare Nixxy to related companies based on the strength of its valuation, earnings, risk, dividends, analyst recommendations, institutional ownership and profitability.

Insider and Institutional Ownership

13.1% of Nixxy shares are held by institutional investors. Comparatively, 64.8% of shares of all “Staffing” companies are held by institutional investors. 7.2% of Nixxy shares are held by company insiders. Comparatively, 19.1% of shares of all “Staffing” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent ratings for Nixxy and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nixxy	1	0	0	0	1.00
Nixxy Competitors	141	633	761	51	2.46

As a group, “Staffing” companies have a potential upside of 31.15%. Given Nixxy’s peers stronger consensus rating and higher probable upside, analysts plainly believe Nixxy has less favorable growth aspects than its peers.

Volatility & Risk

Nixxy has a beta of 1.22, suggesting that its stock price is 22% more volatile than the S&P 500. Comparatively, Nixxy’s peers have a beta of 0.83, suggesting that their average stock price is 17% less volatile than the S&P 500.

Earnings and Valuation

This table compares Nixxy and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Nixxy	$15.12 million	-$22.59 million	-0.91
Nixxy Competitors	$4.42 billion	$25.85 million	-4.58

Nixxy’s peers have higher revenue and earnings than Nixxy. Nixxy is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Nixxy and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nixxy	-195.31%	-377.17%	-189.40%
Nixxy Competitors	-13.67%	-14.49%	-9.10%

Summary

Nixxy peers beat Nixxy on 11 of the 13 factors compared.

Nixxy Company Profile

Nixxy Inc. operates an on-demand recruiting platform which aims to deliver the right talent to both small and large businesses. It provides employers access to independent recruiters and utilizes an innovative web platform, with integrated AI-driven candidate to job matching and video screening software to source qualified talent. Nixxy Inc., formerly known as Recruiter.com Group Inc., is based in Bristol, CT.