HUT vs. LDI, WULF, CCAP, VEL, QD, CORZ, RWAY, MDBH, SII, and GHI
Should you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include loanDepot (LDI), TeraWulf (WULF), Crescent Capital BDC (CCAP), Velocity Financial (VEL), Qudian (QD), Core Scientific (CORZ), Runway Growth Finance (RWAY), MDB Capital (MDBH), Sprott (SII), and Greystone Housing Impact Investors (GHI). These companies are all part of the "nondepository credit institutions" industry.
loanDepot (NYSE:LDI) and Hut 8 (NASDAQ:HUT) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, media sentiment, dividends, community ranking, risk, analyst recommendations, institutional ownership, valuation and earnings.
loanDepot presently has a consensus target price of $2.25, indicating a potential upside of 3.21%. Hut 8 has a consensus target price of $12.33, indicating a potential upside of 50.04%. Given loanDepot's stronger consensus rating and higher probable upside, analysts clearly believe Hut 8 is more favorable than loanDepot.
In the previous week, loanDepot had 4 more articles in the media than Hut 8. MarketBeat recorded 16 mentions for loanDepot and 12 mentions for Hut 8. loanDepot's average media sentiment score of 0.21 beat Hut 8's score of -0.20 indicating that Hut 8 is being referred to more favorably in the news media.
loanDepot has higher revenue and earnings than Hut 8. loanDepot is trading at a lower price-to-earnings ratio than Hut 8, indicating that it is currently the more affordable of the two stocks.
loanDepot has a net margin of -11.31% compared to loanDepot's net margin of -184.31%. Hut 8's return on equity of -20.63% beat loanDepot's return on equity.
loanDepot has a beta of 3.13, indicating that its share price is 213% more volatile than the S&P 500. Comparatively, Hut 8 has a beta of 3.98, indicating that its share price is 298% more volatile than the S&P 500.
39.4% of loanDepot shares are held by institutional investors. Comparatively, 31.8% of Hut 8 shares are held by institutional investors. 83.0% of loanDepot shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
loanDepot received 10 more outperform votes than Hut 8 when rated by MarketBeat users. However, 54.29% of users gave Hut 8 an outperform vote while only 38.16% of users gave loanDepot an outperform vote.
Summary
loanDepot beats Hut 8 on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding HUT 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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