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Allied Gaming & Entertainment (AGAE) Vs. Its Competitors Critical Contrast

Financial News Live ·  Jan 31, 2023 10:02

Allied Gaming & Entertainment (NASDAQ:AGAE – Get Rating) is one of 36 publicly-traded 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 earnings, profitability, analyst recommendations, institutional ownership, dividends, valuation and risk.

Profitability

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

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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%

Analyst Recommendations

This is a summary of recent ratings for Allied Gaming & Entertainment and its competitors, as reported by MarketBeat.

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 32.01%. Given Allied Gaming & Entertainment's competitors higher possible upside, analysts plainly believe Allied Gaming & Entertainment has less favorable growth aspects than its competitors.

Volatility & Risk

Allied Gaming & Entertainment has a beta of 1.18, meaning that its share price is 18% 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.

Institutional & Insider Ownership

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

Earnings and Valuation

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

Gross Revenue Net Income Price/Earnings Ratio
Allied Gaming & Entertainment $4.96 million $62.87 million -2.98
Allied Gaming & Entertainment Competitors $972.56 million -$48.65 million 2.78

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.

Summary

Allied Gaming & Entertainment competitors beat Allied Gaming & Entertainment on 6 of the 9 factors compared.

About Allied Gaming & Entertainment

(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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