FG Nexus (FGNX) & Its Rivals Financial Contrast

FG Nexus (NASDAQ:FGNX) is one of 350 publicly-traded companies in the “Financial Services” industry, but how does it contrast to its competitors? We will compare FG Nexus to related businesses based on the strength of its dividends, risk, institutional ownership, earnings, analyst recommendations, profitability and valuation.

Valuation & Earnings

This table compares FG Nexus and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
FG Nexus	$2.41 million	-$66.74 million	0.57
FG Nexus Competitors	$18.13 billion	$1.05 billion	13.86

FG Nexus’ competitors have higher revenue and earnings than FG Nexus. FG Nexus 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.

Volatility & Risk

FG Nexus has a beta of 1.03, meaning that its stock price is 3% more volatile than the S&P 500. Comparatively, FG Nexus’ competitors have a beta of 2.68, meaning that their average stock price is 168% more volatile than the S&P 500.

Profitability

This table compares FG Nexus and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
FG Nexus	N/A	-82.99%	-62.64%
FG Nexus Competitors	-379.72%	-25.71%	-7.39%

Analyst Recommendations

This is a breakdown of current recommendations for FG Nexus and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
FG Nexus	1	1	3	0	2.40
FG Nexus Competitors	1842	6651	11207	403	2.51

FG Nexus currently has a consensus target price of $35.00, indicating a potential upside of 378.80%. As a group, “Financial Services” companies have a potential downside of 0.03%. Given FG Nexus’ higher probable upside, analysts plainly believe FG Nexus is more favorable than its competitors.

Insider & Institutional Ownership

3.1% of FG Nexus shares are owned by institutional investors. Comparatively, 42.4% of shares of all “Financial Services” companies are owned by institutional investors. 4.1% of FG Nexus 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, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

FG Nexus competitors beat FG Nexus on 10 of the 13 factors compared.

FG Nexus Company Profile

FG Financial Group, Inc. operates as a reinsurance and investment management holding company in the United States. The company offers specialty property and casualty reinsurance products and services. It also operates a special purpose acquisition company platform (SPAC) that provides various strategic, administrative, and regulatory support services to newly formed SPACs for a monthly fee. The company was formerly known as 1347 Property Insurance Holdings, Inc. and changed its name to FG Financial Group, Inc. in December 2020. The company was incorporated in 2012 and is based in St. Petersburg, Florida.