Nixxy (NIXX) vs. Its Competitors Critical Review

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

Risk and Volatility

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

Analyst Recommendations

This is a summary of recent recommendations and price targets 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	159	638	765	51	2.44

As a group, “Staffing” companies have a potential upside of 33.43%. Given Nixxy’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Nixxy has less favorable growth aspects than its competitors.

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%

Institutional & 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 insiders. Comparatively, 19.2% of shares of all “Staffing” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares Nixxy and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Nixxy	$15.12 million	-$22.59 million	-2.20
Nixxy Competitors	$4.42 billion	$25.85 million	2.58

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.

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.