Reviewing DoubleDown Interactive (DDI) and Its Peers

DoubleDown Interactive (NASDAQ:DDIGet Rating) is one of 143 public companies in the “Data processing & preparation” industry, but how does it weigh in compared to its rivals? We will compare DoubleDown Interactive to related companies based on the strength of its earnings, analyst recommendations, profitability, valuation, dividends, risk and institutional ownership.

Analyst Recommendations

This is a summary of recent ratings and price targets for DoubleDown Interactive and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
DoubleDown Interactive 0 0 2 0 3.00
DoubleDown Interactive Competitors 786 3370 5068 107 2.48

DoubleDown Interactive presently has a consensus target price of $27.50, suggesting a potential upside of 149.89%. As a group, “Data processing & preparation” companies have a potential upside of 73.43%. Given DoubleDown Interactive’s stronger consensus rating and higher possible upside, equities analysts plainly believe DoubleDown Interactive is more favorable than its rivals.

Profitability

This table compares DoubleDown Interactive and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
DoubleDown Interactive 21.96% 9.29% 8.22%
DoubleDown Interactive Competitors -37.84% -1,420.07% -5.89%

Earnings & Valuation

This table compares DoubleDown Interactive and its rivals gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
DoubleDown Interactive $363.20 million $78.11 million 6.71
DoubleDown Interactive Competitors $868.32 million -$973,916.67 -29.71

DoubleDown Interactive’s rivals have higher revenue, but lower earnings than DoubleDown Interactive. DoubleDown Interactive is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Insider & Institutional Ownership

10.2% of DoubleDown Interactive shares are owned by institutional investors. Comparatively, 51.9% of shares of all “Data processing & preparation” companies are owned by institutional investors. 19.3% of shares of all “Data processing & preparation” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

DoubleDown Interactive beats its rivals on 8 of the 12 factors compared.

About DoubleDown Interactive (Get Rating)

DoubleDown Interactive Co., Ltd. engages in the development and publishing of digital games on mobile and web-based platforms for casual players in South Korea. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and Undead World: Hero Survival games. Its games are primarily distributed, marketed, and promoted through third party platform providers. The company was formerly known as The8Games Co., Ltd. and changed its name to DoubleDown Interactive Co., Ltd. in December 2019. The company was incorporated in 2008 and is headquartered in Seoul, South Korea. DoubleDown Interactive Co., Ltd. operates as a subsidiary of DoubleU Games Co., Ltd.

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