Ideanomics (NASDAQ:IDEX) and MJ (OTCMKTS:MJNE) are both small-cap business services companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, profitability, valuation and risk.
Institutional and Insider Ownership
5.0% of Ideanomics shares are owned by institutional investors. 21.5% of Ideanomics shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Ideanomics has a beta of -0.44, meaning that its share price is 144% less volatile than the S&P 500. Comparatively, MJ has a beta of -0.77, meaning that its share price is 177% less volatile than the S&P 500.
This table compares Ideanomics and MJ’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This is a breakdown of current ratings and recommmendations for Ideanomics and MJ, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Ideanomics currently has a consensus price target of $7.00, suggesting a potential upside of 114.07%. Given Ideanomics’ higher probable upside, equities analysts plainly believe Ideanomics is more favorable than MJ.
Earnings & Valuation
This table compares Ideanomics and MJ’s revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Ideanomics||$26.76 million||52.04||-$98.22 million||($0.43)||-7.60|
MJ has lower revenue, but higher earnings than Ideanomics.
Ideanomics beats MJ on 7 of the 11 factors compared between the two stocks.
Ideanomics, Inc. focuses on driving the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. Its Ideanomics Mobility division facilitates the adoption of electric vehicles by commercial fleet operators. This division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles. The company's Ideanomics Capital division provides fintech services, which focuses on the enhancement of efficiency, transparency, and profitability for the financial services industry. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, New York.
MJ Holdings, Inc. operates in the medical marijuana business in Nevada. It offers cultivation and production management, consulting, and asset and infrastructure development services for the cannabis industry. The company is headquartered in Las Vegas, Nevada.
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