FG Nexus (FGNX) & Its Rivals Head to Head Contrast

FG Nexus (NASDAQ:FGNX) is one of 341 public companies in the “Financial Services” industry, but how does it weigh in compared to its peers? We will compare FG Nexus to related businesses based on the strength of its dividends, profitability, valuation, risk, earnings, analyst recommendations and institutional ownership.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
FG Nexus	-4,888.86%	-95.68%	-75.45%
FG Nexus Competitors	-409.42%	-15.09%	-6.08%

Analyst Ratings

This is a breakdown of recent ratings and target prices for FG Nexus and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
FG Nexus	1	0	2	0	2.33
FG Nexus Competitors	1974	6890	11641	443	2.50

FG Nexus presently has a consensus target price of $35.00, indicating a potential upside of 348.72%. As a group, “Financial Services” companies have a potential downside of 6.75%. Given FG Nexus’ higher probable upside, research analysts clearly believe FG Nexus is more favorable than its peers.

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
FG Nexus	$2.44 million	-$66.74 million	-1.12
FG Nexus Competitors	$6.69 billion	$1.09 billion	9.18

FG Nexus’ peers have higher revenue and earnings than FG Nexus. FG Nexus is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Institutional and Insider Ownership

3.1% of FG Nexus shares are held by institutional investors. Comparatively, 43.2% of shares of all “Financial Services” companies are held by institutional investors. 4.1% of FG Nexus shares are held by company insiders. Comparatively, 21.9% of shares of all “Financial 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.

Volatility and Risk

FG Nexus has a beta of 1.09, indicating that its stock price is 9% more volatile than the S&P 500. Comparatively, FG Nexus’ peers have a beta of 2.49, indicating that their average stock price is 149% more volatile than the S&P 500.

Summary

FG Nexus peers beat FG Nexus on 11 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.