Head-To-Head Review: FG Nexus (FGNX) and The Competition

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

Analyst Ratings

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

	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 presently has a consensus target price of $35.00, suggesting a potential upside of 378.80%. As a group, “Financial Services” companies have a potential downside of 0.03%. Given FG Nexus’ higher possible upside, equities analysts clearly believe FG Nexus is more favorable than its peers.

Risk & Volatility

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

Valuation and Earnings

This table compares FG Nexus and its peers top-line revenue, earnings per share 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’ 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.

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	N/A	-82.99%	-62.64%
FG Nexus Competitors	-379.72%	-25.71%	-7.39%

Institutional and Insider Ownership

3.1% of FG Nexus shares are held by institutional investors. Comparatively, 42.4% of shares of all “Financial Services” companies are held by institutional investors. 4.1% of FG Nexus shares are held by insiders. Comparatively, 21.8% of shares of all “Financial Services” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

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

About FG Nexus

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.