Analyzing Corsair Gaming (NASDAQ:CRSR) & Foxx Development (NASDAQ:FOXX)

Corsair Gaming (NASDAQ:CRSR – Get Free Report) and Foxx Development (NASDAQ:FOXX – Get Free Report) are both small-cap technology companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, profitability, dividends, institutional ownership, valuation, analyst recommendations and earnings.

Profitability

This table compares Corsair Gaming and Foxx Development’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Corsair Gaming 2.36% 13.10% 6.88%
Foxx Development -100.20% N/A -74.38%

Volatility & Risk

Corsair Gaming has a beta of 1.95, indicating that its share price is 95% more volatile than the S&P 500. Comparatively, Foxx Development has a beta of -0.26, indicating that its share price is 126% less volatile than the S&P 500.

Earnings & Valuation

This table compares Corsair Gaming and Foxx Development”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Corsair Gaming $1.47 billion 0.87 -$12.47 million $0.30 39.47
Foxx Development $52.58 million 0.22 -$52.69 million ($7.53) -0.21

Corsair Gaming has higher revenue and earnings than Foxx Development. Foxx Development is trading at a lower price-to-earnings ratio than Corsair Gaming, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

25.7% of Corsair Gaming shares are owned by institutional investors. Comparatively, 60.4% of Foxx Development shares are owned by institutional investors. 54.5% of Corsair Gaming shares are owned by company insiders. Comparatively, 31.6% of Foxx Development shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Corsair Gaming and Foxx Development, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Corsair Gaming 1 4 3 0 2.25
Foxx Development 1 0 0 0 1.00

Corsair Gaming presently has a consensus target price of $12.14, suggesting a potential upside of 2.56%. Given Corsair Gaming’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Corsair Gaming is more favorable than Foxx Development.

Summary

Corsair Gaming beats Foxx Development on 13 of the 14 factors compared between the two stocks.

About Corsair Gaming

(Get Free Report)

Corsair Gaming, Inc., together with its subsidiaries, designs, develops, markets, and sells gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, controllers, and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, gaming furniture, and other related products. The company also provides gaming components and systems comprising power supply units, cooling solutions, computer cases, and DRAM modules, as well as prebuilt and custom-built gaming PCs and laptops, gaming monitors, and others; and PC gaming software comprising iCUE for gamers and Elgato streaming suite for content creators, as well as digital services. It sells its products through e-retail, retail, and direct-to-consumer channels and distributors. Corsair Gaming, Inc. was formerly known as Corsair Components (Cayman) Ltd and changed its name to Corsair Gaming, Inc in August 2017. The company was incorporated in 1994 and is headquartered in Milpitas, California.

About Foxx Development

(Get Free Report)

Foxx Development Holdings Inc. is a consumer electronics and integrated Internet-of-Things solution company catering to both retail and institutional clients. The company currently sells a diverse range of products including mobile phones, tablets and other consumer electronics devices principally in United State and is in the process of developing and distributing end-to-end communication terminals and IoT solutions. Foxx Development Holdings Inc., formerly known as Acri Capital Acquisition Corporation, is based in Austin, TX.

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