Bit Digital (BTBT) Competitors

$2.21
+0.06 (+2.79%)
(As of 05/13/2024 ET)

BTBT vs. MOGO, OPFI, SOS, GDOT, CMPO, PGY, BTDR, HKD, BITF, and AISP

Should you be buying Bit Digital stock or one of its competitors? The main competitors of Bit Digital include Mogo (MOGO), OppFi (OPFI), SOS (SOS), Green Dot (GDOT), CompoSecure (CMPO), Pagaya Technologies (PGY), Bitdeer Technologies Group (BTDR), AMTD Digital (HKD), Bitfarms (BITF), and Airship AI (AISP). These companies are all part of the "business services" sector.

Bit Digital vs.

Mogo (NASDAQ:MOGO) and Bit Digital (NASDAQ:BTBT) are both small-cap business services companies, but which is the better stock? We will contrast the two businesses based on the strength of their institutional ownership, valuation, media sentiment, analyst recommendations, profitability, risk, community ranking, dividends and earnings.

14.8% of Mogo shares are owned by institutional investors. Comparatively, 47.7% of Bit Digital shares are owned by institutional investors. 12.3% of Mogo shares are owned by company insiders. Comparatively, 41.3% of Bit Digital 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.

Mogo has higher revenue and earnings than Bit Digital. Bit Digital is trading at a lower price-to-earnings ratio than Mogo, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Mogo$48.31M0.86-$13.25M-$0.45-3.78
Bit Digital$44.92M4.06-$13.89M-$0.16-13.81

Mogo received 88 more outperform votes than Bit Digital when rated by MarketBeat users. Likewise, 63.95% of users gave Mogo an outperform vote while only 50.00% of users gave Bit Digital an outperform vote.

CompanyUnderperformOutperform
MogoOutperform Votes
94
63.95%
Underperform Votes
53
36.05%
Bit DigitalOutperform Votes
6
50.00%
Underperform Votes
6
50.00%

Mogo currently has a consensus price target of $8.00, suggesting a potential upside of 370.59%. Bit Digital has a consensus price target of $5.50, suggesting a potential upside of 148.87%. Given Bit Digital's higher possible upside, equities analysts clearly believe Mogo is more favorable than Bit Digital.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mogo
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Bit Digital
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Mogo has a net margin of -21.98% compared to Mogo's net margin of -30.93%. Mogo's return on equity of -6.20% beat Bit Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Mogo-21.98% -16.00% -7.23%
Bit Digital -30.93%-6.20%-5.04%

Mogo has a beta of 2.76, meaning that its stock price is 176% more volatile than the S&P 500. Comparatively, Bit Digital has a beta of 4.85, meaning that its stock price is 385% more volatile than the S&P 500.

In the previous week, Mogo had 6 more articles in the media than Bit Digital. MarketBeat recorded 12 mentions for Mogo and 6 mentions for Bit Digital. Bit Digital's average media sentiment score of 0.72 beat Mogo's score of 0.42 indicating that Mogo is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Mogo
3 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bit Digital
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Mogo beats Bit Digital on 9 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BTBT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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BTBT vs. The Competition

MetricBit DigitalNondepository credit institutions IndustryBusiness SectorNASDAQ Exchange
Market Cap$182.28M$6.30B$6.47B$7.81B
Dividend YieldN/A5.31%2.90%3.93%
P/E Ratio-13.8110.1735.2117.63
Price / Sales4.0660.261,008.5076.32
Price / CashN/A23.0824.0428.46
Price / Book1.271.894.714.42
Net Income-$13.89M$429.51M$117.51M$216.34M
7 Day Performance-3.49%-1.68%-0.44%-0.34%
1 Month Performance7.28%1.34%0.77%0.58%
1 Year Performance11.62%224.51%8.04%10.12%

Bit Digital Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MOGO
Mogo
2.9283 of 5 stars
$1.83
-1.1%
$8.00
+337.2%
-22.0%$44.85M$48.31M-3.33255Earnings Report
Analyst Forecast
Short Interest ↓
OPFI
OppFi
3.1219 of 5 stars
$2.66
-2.6%
$4.25
+59.8%
+42.0%$294.38M$508.95M-132.93445Short Interest ↓
Analyst Revision
SOS
SOS
0 of 5 stars
$1.18
-0.8%
N/A-99.4%$375.68M$260.03M0.00223Upcoming Earnings
GDOT
Green Dot
1.9354 of 5 stars
$8.76
-2.3%
$10.75
+22.8%
-43.2%$462.53M$1.50B67.351,200Analyst Upgrade
Short Interest ↓
CMPO
CompoSecure
3.4388 of 5 stars
$6.95
-1.1%
$11.83
+70.3%
-7.3%$559.68M$390.63M7.64922Dividend Announcement
Analyst Forecast
Insider Buying
Short Interest ↑
PGY
Pagaya Technologies
2.3952 of 5 stars
$9.73
-3.3%
$38.08
+291.4%
+21.0%$574.56M$812.05M-4.50712Earnings Report
Analyst Forecast
Short Interest ↑
BTDR
Bitdeer Technologies Group
2.8958 of 5 stars
$5.49
-9.0%
$13.64
+148.5%
-2.1%$614.72M$368.55M-13.07211Upcoming Earnings
Analyst Forecast
HKD
AMTD Digital
0 of 5 stars
$3.30
-2.4%
N/A-44.9%$630.83M$33.07M0.00199Short Interest ↓
Negative News
Gap Down
BITF
Bitfarms
1.9754 of 5 stars
$1.79
-5.3%
$4.20
+134.6%
+76.5%$637.76M$146.37M-4.84170Short Interest ↓
News Coverage
Gap Down
AISP
Airship AI
0 of 5 stars
$7.36
+3.2%
N/AN/A$168.18M$12.30M0.0047Short Interest ↓

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This page (NASDAQ:BTBT) was last updated on 5/13/2024 by MarketBeat.com Staff

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