Thursday, November 24 2022

Arena Group (NYSE: AREN – Get Rating) is one of 36 publicly traded companies in the “cable and other pay-TV services” industry, but how does it compare to its peers? We will compare The Arena Group to similar companies based on the strength of its dividends, earnings, profitability, valuation, institutional ownership, analyst recommendations and risk.

Analyst Notes

This is a breakdown of recent ratings and price targets for The Arena Group and its peers, as reported by MarketBeat.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
The Arena group 0 0 2 0 3.00
Arena group competitors 397 1871 2678 77 2.48

Arena Group currently has a consensus target price of $19.50, suggesting a potential upside of 68.39%. As a group, the “cable and other pay TV services” companies have an upside potential of 48.39%. Given The Arena Group’s stronger consensus rating and higher likely upside, research analysts clearly believe The Arena Group is more favorable than its peers.

Volatility and risk

Arena Group has a beta of 0.39, meaning its stock price is 61% less volatile than the S&P 500. Comparatively, Arena Group’s peers have a beta of 1.21, meaning their average price is 21% more volatile than the S&P. 500.

Benefits and evaluation

This table compares the revenue, earnings per share and valuation of The Arena Group and its peers.

Gross revenue Net revenue Price/earnings ratio
The Arena group $189.14 million -$89.94 million -3.96
Arena group competitors $11.52 billion $2.61 billion 12.12

Arena Group peers have higher revenue and profit than Arena Group. Arena Group trades 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

51.3% of the shares of all “cable television and other pay television services” companies are held by institutional investors. 8.3% of The Arena Group shares are held by insiders. By comparison, 17.6% of the shares of all “cable and other pay-TV” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers, and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares the net margins, return on equity and return on assets of The Arena Group and its peers.

Net margins Return on equity return on assets
The Arena group -40.70% N / A -43.99%
Arena group competitors 36.47% 2.73% 4.02%

Summary

Arena Group peers beat Arena Group on 9 of the 12 factors compared.

About Arena Group (Get a rating)

The Arena Group Holdings, Inc., together with its subsidiaries, operates a digital media platform in the United States and internationally. The Company offers the Platform, a proprietary online publishing platform comprising publishing tools, video platforms, social distribution channels, newsletter technology, machine learning content recommendations, notifications and other technologies. The company was formerly known as TheMaven, Inc. and changed its name to The Arena Group Holdings, Inc. in February 2022. The Arena Group Holdings, Inc. was incorporated in 1990 and is based in New York, New York.



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