Eightco (NASDAQ:ORBS – Get Free Report) is one of 343 public companies in the “Financial Services” industry, but how does it weigh in compared to its rivals? We will compare Eightco to related companies based on the strength of its earnings, valuation, profitability, risk, dividends, institutional ownership and analyst recommendations.
Risk and Volatility
Eightco has a beta of 2.13, meaning that its stock price is 113% more volatile than the S&P 500. Comparatively, Eightco’s rivals have a beta of 2.27, meaning that their average stock price is 127% more volatile than the S&P 500.
Profitability
This table compares Eightco and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Eightco | -1,260.96% | -78.14% | -74.31% |
| Eightco Competitors | -407.42% | -21.88% | -5.62% |
Analyst Ratings
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Eightco | 1 | 0 | 0 | 0 | 1.00 |
| Eightco Competitors | 1900 | 6736 | 11417 | 414 | 2.51 |
As a group, “Financial Services” companies have a potential upside of 3.20%. Given Eightco’s rivals stronger consensus rating and higher probable upside, analysts plainly believe Eightco has less favorable growth aspects than its rivals.
Earnings and Valuation
This table compares Eightco and its rivals top-line revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Eightco | $32.98 million | -$262.01 million | -4.42 |
| Eightco Competitors | $6.32 billion | $1.08 billion | 9.85 |
Eightco’s rivals have higher revenue and earnings than Eightco. Eightco is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Insider & Institutional Ownership
12.9% of Eightco shares are owned by institutional investors. Comparatively, 43.2% of shares of all “Financial Services” companies are owned by institutional investors. 3.4% of Eightco shares are owned by insiders. Comparatively, 22.0% of shares of all “Financial Services” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Summary
Eightco rivals beat Eightco on 13 of the 13 factors compared.
About Eightco
Eightco Holdings Inc. provides bitcoin mining equipment and co-location services. It also manufactures and sells container boards, corrugated products, and specialty paper products in North America. The company was incorporated in 1966 and is headquartered in Safety Harbor, Florida.
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