BITF vs. BTDR, HKD, CMPO, ML, GDOT, SOS, OPFI, CIFR, BTBT, and VOCL
Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include Bitdeer Technologies Group (BTDR), AMTD Digital (HKD), CompoSecure (CMPO), MoneyLion (ML), Green Dot (GDOT), SOS (SOS), OppFi (OPFI), Cipher Mining (CIFR), Bit Digital (BTBT), and Creatd (VOCL). These companies are all part of the "business services" sector.
Bitfarms (NASDAQ:BITF) and Bitdeer Technologies Group (NASDAQ:BTDR) are both small-cap business services companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, community ranking, analyst recommendations, media sentiment, profitability, earnings, dividends and risk.
Bitfarms has a beta of 3.65, indicating that its stock price is 265% more volatile than the S&P 500. Comparatively, Bitdeer Technologies Group has a beta of 1.79, indicating that its stock price is 79% more volatile than the S&P 500.
Bitfarms received 12 more outperform votes than Bitdeer Technologies Group when rated by MarketBeat users. However, 100.00% of users gave Bitdeer Technologies Group an outperform vote while only 75.00% of users gave Bitfarms an outperform vote.
Bitdeer Technologies Group has higher revenue and earnings than Bitfarms. Bitdeer Technologies Group is trading at a lower price-to-earnings ratio than Bitfarms, indicating that it is currently the more affordable of the two stocks.
Bitfarms presently has a consensus target price of $4.20, indicating a potential upside of 142.77%. Bitdeer Technologies Group has a consensus target price of $13.64, indicating a potential upside of 148.05%. Given Bitdeer Technologies Group's higher probable upside, analysts clearly believe Bitdeer Technologies Group is more favorable than Bitfarms.
In the previous week, Bitfarms had 5 more articles in the media than Bitdeer Technologies Group. MarketBeat recorded 10 mentions for Bitfarms and 5 mentions for Bitdeer Technologies Group. Bitdeer Technologies Group's average media sentiment score of 0.94 beat Bitfarms' score of 0.56 indicating that Bitdeer Technologies Group is being referred to more favorably in the news media.
Bitdeer Technologies Group has a net margin of -15.37% compared to Bitfarms' net margin of -70.53%. Bitdeer Technologies Group's return on equity of -7.34% beat Bitfarms' return on equity.
20.6% of Bitfarms shares are owned by institutional investors. Comparatively, 22.3% of Bitdeer Technologies Group shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Summary
Bitdeer Technologies Group beats Bitfarms on 10 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BITF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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