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Contrasting Allied Gaming & Entertainment (AGAE) & The Competition

Defense World ·  Jan 26, 2023 01:24

Allied Gaming & Entertainment (NASDAQ:AGAE – Get Rating) is one of 36 public companies in the "Amusement & recreation services" industry, but how does it compare to its competitors? We will compare Allied Gaming & Entertainment to related businesses based on the strength of its dividends, earnings, risk, institutional ownership, profitability, valuation and analyst recommendations.

Volatility and Risk

Allied Gaming & Entertainment has a beta of 1.17, meaning that its share price is 17% more volatile than the S&P 500. Comparatively, Allied Gaming & Entertainment's competitors have a beta of 1.40, meaning that their average share price is 40% more volatile than the S&P 500.

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Analyst Recommendations

This is a summary of current recommendations for Allied Gaming & Entertainment and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Allied Gaming & Entertainment 0 0 0 0 N/A
Allied Gaming & Entertainment Competitors 18 171 382 4 2.65
As a group, "Amusement & recreation services" companies have a potential upside of 31.60%. Given Allied Gaming & Entertainment's competitors higher possible upside, analysts clearly believe Allied Gaming & Entertainment has less favorable growth aspects than its competitors.

Profitability

This table compares Allied Gaming & Entertainment and its competitors' net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Allied Gaming & Entertainment -217.60% -13.49% -12.60%
Allied Gaming & Entertainment Competitors 893.65% -55.31% 83.28%

Valuation and Earnings

This table compares Allied Gaming & Entertainment and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Allied Gaming & Entertainment $4.96 million $62.87 million -3.00
Allied Gaming & Entertainment Competitors $972.56 million -$48.65 million 2.38

Allied Gaming & Entertainment's competitors have higher revenue, but lower earnings than Allied Gaming & Entertainment. Allied Gaming & Entertainment 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.

Insider and Institutional Ownership

3.2% of Allied Gaming & Entertainment shares are owned by institutional investors. Comparatively, 28.7% of shares of all "Amusement & recreation services" companies are owned by institutional investors. 41.9% of Allied Gaming & Entertainment shares are owned by insiders. Comparatively, 32.9% of shares of all "Amusement & recreation services" companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Allied Gaming & Entertainment competitors beat Allied Gaming & Entertainment on 7 of the 10 factors compared.

Allied Gaming & Entertainment Company Profile

(Get Rating)

Allied Gaming & Entertainment Inc. provides entertainment and gaming products worldwide. It operates esports properties to connect players and fans through a network of connected arenas; a flagship gaming arena located at the Luxor Hotel in Las Vegas, Nevada; a mobile esports truck that serves as a battleground and content generation hub; and a studio for recording and streaming gaming events. The company was formerly known as Allied Esports Entertainment Inc. and changed its name to Allied Gaming & Entertainment Inc. in December 2022. Allied Gaming & Entertainment Inc. was founded in 2018 and is based in Irvine, California.

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