Reviewing Eightco (ORBS) & Its Rivals

Eightco (NASDAQ:ORBS) is one of 340 public companies in the “Financial Services” industry, but how does it weigh in compared to its competitors? We will compare Eightco to related businesses based on the strength of its institutional ownership, risk, valuation, dividends, analyst recommendations, profitability and earnings.

Risk & Volatility

Eightco has a beta of 2.06, suggesting that its stock price is 106% more volatile than the S&P 500. Comparatively, Eightco’s competitors have a beta of 2.51, suggesting that their average stock price is 151% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent recommendations and price targets 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	1986	6961	11745	446	2.50

As a group, “Financial Services” companies have a potential downside of 8.35%. Given Eightco’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Eightco has less favorable growth aspects than its competitors.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Eightco	$25.12 million	-$262.01 million	-3.26
Eightco Competitors	$6.46 billion	$1.09 billion	9.73

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.

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	-338.57%	-39.92%	-5.61%

Institutional & Insider 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. 0.6% of Eightco shares are owned by company insiders. Comparatively, 22.0% 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 stock is poised for long-term growth.

Summary

Eightco competitors beat Eightco on 13 of the 13 factors compared.

Eightco Company Profile

Eightco Holdings Inc. is a holding company focused on technology, digital assets and e-commerce-related businesses. Its operations have historically included services designed to help online merchants manage inventory, product sourcing and fulfillment, as well as businesses involved in selling consumer products through digital channels. The company was formerly known as Cryptyde, Inc. and changed its name to Eightco Holdings Inc. in 2023. Through its subsidiaries and investments, Eightco has pursued opportunities in e-commerce infrastructure and blockchain-related technologies.