Nixxy (NIXX) and Its Competitors Critical Comparison

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

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Nixxy and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nixxy	1	0	0	0	1.00
Nixxy Competitors	149	635	763	51	2.45

As a group, “Staffing” companies have a potential upside of 35.14%. Given Nixxy’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Nixxy has less favorable growth aspects than its competitors.

Risk and Volatility

Nixxy has a beta of 1.28, indicating that its share price is 28% more volatile than the S&P 500. Comparatively, Nixxy’s competitors have a beta of 0.84, indicating that their average share price is 16% less volatile than the S&P 500.

Institutional and Insider 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, 19.2% of shares of all “Staffing” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares Nixxy and its competitors’ 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%

Earnings & Valuation

This table compares Nixxy and its competitors 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	1.17

Nixxy’s competitors have higher revenue and earnings than Nixxy. Nixxy 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.

Summary

Nixxy competitors beat Nixxy on 12 of the 13 factors compared.

About Nixxy

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.