Analyzing EBET (EBET) and Its Peers

EBET (NASDAQ:EBETGet Rating) is one of 34 public companies in the “Amusement & recreation services” industry, but how does it contrast to its rivals? We will compare EBET to similar companies based on the strength of its profitability, dividends, valuation, analyst recommendations, institutional ownership, earnings and risk.

Insider & Institutional Ownership

10.5% of EBET shares are held by institutional investors. Comparatively, 34.0% of shares of all “Amusement & recreation services” companies are held by institutional investors. 7.7% of EBET shares are held by company insiders. Comparatively, 29.4% of shares of all “Amusement & recreation services” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Valuation & Earnings

This table compares EBET and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
EBET $170,000.00 -$15.20 million -1.31
EBET Competitors $914.79 million -$75.39 million 64.79

EBET’s rivals have higher revenue, but lower earnings than EBET. EBET 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.

Analyst Ratings

This is a breakdown of current recommendations for EBET and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EBET 0 0 1 0 3.00
EBET Competitors 73 271 381 10 2.45

EBET presently has a consensus price target of $18.00, indicating a potential upside of 457.28%. As a group, “Amusement & recreation services” companies have a potential upside of 54.05%. Given EBET’s stronger consensus rating and higher probable upside, equities analysts clearly believe EBET is more favorable than its rivals.

Profitability

This table compares EBET and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
EBET -117.26% -96.71% -54.21%
EBET Competitors -2,733.84% -2.38% -207.36%

EBET Company Profile (Get Rating)

EBET, Inc. develops products and operates platforms to provide a real money online gambling experience focused on esports and competitive gaming. The company operates a portfolio of proprietary online casino and sportsbook brands consisting of Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. It also provides iGaming, which include online casino and table games, such as blackjack, virtual sport computer simulated games, and slot machines, as well as traditional sports betting. The company was formerly known as Esports Technologies, Inc. and changed its name to EBET, Inc. in May 2022. EBET, Inc. was incorporated in 2020 and is based in Las Vegas, Nevada.

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