Financial Analysis: Rush Street Interactive (NYSE:RSI) vs. Corsair Gaming (NASDAQ:CRSR)

Rush Street Interactive (NYSE:RSIGet Free Report) and Corsair Gaming (NASDAQ:CRSRGet Free Report) are both consumer discretionary companies, but which is the superior business? We will compare the two companies based on the strength of their institutional ownership, earnings, profitability, analyst recommendations, dividends, valuation and risk.

Institutional & Insider Ownership

24.8% of Rush Street Interactive shares are owned by institutional investors. Comparatively, 25.7% of Corsair Gaming shares are owned by institutional investors. 56.9% of Rush Street Interactive shares are owned by company insiders. Comparatively, 58.4% of Corsair Gaming shares are owned by company 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.

Valuation and Earnings

This table compares Rush Street Interactive and Corsair Gaming”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Rush Street Interactive $1.02 billion 4.32 $2.39 million $0.20 96.13
Corsair Gaming $1.32 billion 0.69 -$99.18 million ($0.81) -10.62

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

Analyst Recommendations

This is a summary of recent ratings for Rush Street Interactive and Corsair Gaming, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Rush Street Interactive 0 4 8 0 2.67
Corsair Gaming 1 4 3 1 2.44

Rush Street Interactive presently has a consensus target price of $19.78, indicating a potential upside of 2.87%. Corsair Gaming has a consensus target price of $10.13, indicating a potential upside of 17.73%. Given Corsair Gaming’s higher possible upside, analysts plainly believe Corsair Gaming is more favorable than Rush Street Interactive.

Profitability

This table compares Rush Street Interactive and Corsair Gaming’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Rush Street Interactive 2.48% 16.53% 8.25%
Corsair Gaming -6.00% -3.12% -1.54%

Risk & Volatility

Rush Street Interactive has a beta of 1.87, suggesting that its share price is 87% more volatile than the S&P 500. Comparatively, Corsair Gaming has a beta of 1.76, suggesting that its share price is 76% more volatile than the S&P 500.

Summary

Rush Street Interactive beats Corsair Gaming on 10 of the 15 factors compared between the two stocks.

About Rush Street Interactive

(Get Free Report)

Rush Street Interactive, Inc. operates as an online casino and sports betting company in the United States, Canada, Mexico, and rest of Latin America. It provides real-money online casino, online and retail sports betting, and social gaming services. In addition, the company offers full suite of games comprising of bricks-and-mortar casinos, table games, and slot machines. The company markets its online casino and sports betting under BetRivers, PlaySugarHouse, and RushBet brands. Rush Street Interactive, Inc. was founded in 2012 and is headquartered in Chicago, Illinois.

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.

Receive News & Ratings for Rush Street Interactive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rush Street Interactive and related companies with MarketBeat.com's FREE daily email newsletter.