Next Technology (NASDAQ:NXTT – Get Free Report) is one of 959 public companies in the “Software” industry, but how does it compare to its peers? We will compare Next Technology to similar companies based on the strength of its earnings, risk, valuation, analyst recommendations, profitability, institutional ownership and dividends.
Institutional & Insider Ownership
2.7% of Next Technology shares are owned by institutional investors. Comparatively, 41.5% of shares of all “Software” companies are owned by institutional investors. 52.2% of Next Technology shares are owned by company insiders. Comparatively, 19.9% of shares of all “Software” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Analyst Recommendations
This is a summary of recent ratings and target prices for Next Technology and its peers, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Next Technology | 1 | 0 | 0 | 0 | 1.00 |
| Next Technology Competitors | 5840 | 21618 | 45012 | 1501 | 2.57 |
As a group, “Software” companies have a potential upside of 28.27%. Given Next Technology’s peers stronger consensus rating and higher possible upside, analysts clearly believe Next Technology has less favorable growth aspects than its peers.
Valuation and Earnings
This table compares Next Technology and its peers revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Next Technology | $11.61 million | $143.16 million | -0.00 |
| Next Technology Competitors | $1.79 billion | $382.68 million | 112.21 |
Next Technology’s peers have higher revenue and earnings than Next Technology. Next Technology 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 Next Technology and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Next Technology | -930.65% | -35.97% | -32.86% |
| Next Technology Competitors | -599.60% | 26.31% | -8.93% |
Volatility & Risk
Next Technology has a beta of 5.92, indicating that its share price is 492% more volatile than the S&P 500. Comparatively, Next Technology’s peers have a beta of 1.35, indicating that their average share price is 35% more volatile than the S&P 500.
Summary
Next Technology peers beat Next Technology on 10 of the 12 factors compared.
About Next Technology
Next Technology Holding Inc. (NASDAQ:NXTT) is a technology holding company with operations historically associated with blockchain and digital asset-related services. Its activities have included cryptocurrency mining and the development or deployment of computing infrastructure used in blockchain applications. The company has been associated with operations in China, although publicly available information about its current products, services, operating subsidiaries and geographic footprint is limited.
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