Vivid Seats (NASDAQ:SEAT – Get Rating) is one of 29 publicly-traded companies in the “Miscellaneous amusement & recreation services” industry, but how does it weigh in compared to its rivals? We will compare Vivid Seats to similar businesses based on the strength of its dividends, analyst recommendations, profitability, institutional ownership, earnings, risk and valuation.
Volatility and Risk
Vivid Seats has a beta of 0.94, indicating that its stock price is 6% less volatile than the S&P 500. Comparatively, Vivid Seats’ rivals have a beta of 1.27, indicating that their average stock price is 27% more volatile than the S&P 500.
Institutional and Insider Ownership
31.4% of Vivid Seats shares are owned by institutional investors. Comparatively, 49.3% of shares of all “Miscellaneous amusement & recreation services” companies are owned by institutional investors. 23.3% of shares of all “Miscellaneous amusement & recreation services” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Vivid Seats Competitors||145||821||1828||49||2.63|
Vivid Seats currently has a consensus price target of $11.13, suggesting a potential upside of 64.81%. As a group, “Miscellaneous amusement & recreation services” companies have a potential upside of 28.45%. Given Vivid Seats’ higher possible upside, research analysts clearly believe Vivid Seats is more favorable than its rivals.
Valuation & Earnings
This table compares Vivid Seats and its rivals gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Vivid Seats||$600.27 million||$28.66 million||18.75|
|Vivid Seats Competitors||$4.54 billion||$142.93 million||17.49|
Vivid Seats’ rivals have higher revenue and earnings than Vivid Seats. Vivid Seats 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.
This table compares Vivid Seats and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Vivid Seats Competitors||-122.43%||-37.24%||-18.87%|
Vivid Seats rivals beat Vivid Seats on 8 of the 13 factors compared.
About Vivid Seats
Vivid Seats Inc. operates as an online secondary marketplace for tickets in the United States and Canada. The company operates in two segments, Marketplace and Resale. The Marketplace segment acts as an intermediary between event ticket buyers and sellers; processes ticket sales on its website and mobile applications through its distribution partners; and sells tickets for live sports, concerts, and theater shows, and other live events. This segment offers Skybox, a proprietary enterprise resource planning tool that helps ticket sellers manage ticket inventories, adjust pricing, and fulfill orders across multiple ticket resale marketplaces. The Resale segment acquires tickets to resell on secondary ticket marketplaces; and provides internal research and development support for Skybox and to deliver seller software and tools. The company was founded in 2001 and is headquartered in Chicago, Illinois.
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