Nixxy (NIXX) & The Competition Financial Survey

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

Institutional and Insider Ownership

13.1% of Nixxy shares are owned by institutional investors. Comparatively, 64.8% of shares of all “Staffing” companies are owned by institutional investors. 7.2% of Nixxy shares are owned by company insiders. Comparatively, 19.1% of shares of all “Staffing” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of recent recommendations and price targets for Nixxy and its peers, as reported by MarketBeat.com.

	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 32.30%. Given Nixxy’s peers stronger consensus rating and higher possible upside, analysts clearly believe Nixxy has less favorable growth aspects than its peers.

Earnings & Valuation

This table compares Nixxy and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Nixxy	$15.12 million	-$22.59 million	-0.87
Nixxy Competitors	$4.42 billion	$25.85 million	-4.63

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.

Risk and Volatility

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

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.