Eightco (NASDAQ:ORBS – Get Free Report) is one of 341 publicly-traded companies in the “Financial Services” industry, but how does it contrast to its competitors? We will compare Eightco to similar companies based on the strength of its institutional ownership, profitability, risk, valuation, earnings, analyst recommendations and dividends.
Profitability
This table compares Eightco and its competitors’ 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 | -338.89% | -39.94% | -5.83% |
Analyst Recommendations
This is a breakdown of current ratings and recommmendations for Eightco and its competitors, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Eightco | 1 | 0 | 0 | 0 | 1.00 |
| Eightco Competitors | 1988 | 6946 | 11713 | 446 | 2.50 |
As a group, “Financial Services” companies have a potential downside of 6.28%. Given Eightco’s competitors stronger consensus rating and higher possible upside, analysts clearly believe Eightco has less favorable growth aspects than its competitors.
Valuation and Earnings
This table compares Eightco and its competitors revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Eightco | $32.98 million | -$262.01 million | -3.39 |
| Eightco Competitors | $6.38 billion | $1.09 billion | 10.06 |
Eightco’s competitors have higher revenue and earnings than Eightco. Eightco 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.
Risk and Volatility
Eightco has a beta of 2.06, meaning that its stock price is 106% more volatile than the S&P 500. Comparatively, Eightco’s competitors have a beta of 2.50, meaning that their average stock price is 150% more volatile than the S&P 500.
Insider & Institutional Ownership
12.9% of Eightco shares are owned by institutional investors. Comparatively, 43.0% of shares of all “Financial Services” companies are owned by institutional investors. 0.6% of Eightco shares are owned by company insiders. Comparatively, 21.8% of shares of all “Financial Services” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Summary
Eightco competitors 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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