Bakkt (BKKT) Competitors

$8.81
+1.52 (+20.85%)
(As of 05/8/2024 ET)

BKKT vs. MFH, PGY, MOGO, DGHI, ABTS, BTBT, OPFI, SHIM, FAAS, and LUNA

Should you be buying Bakkt stock or one of its competitors? The main competitors of Bakkt include Mercurity Fintech (MFH), Pagaya Technologies (PGY), Mogo (MOGO), Digihost Technology (DGHI), Abits Group (ABTS), Bit Digital (BTBT), OppFi (OPFI), Shimmick (SHIM), DigiAsia (FAAS), and Luna Innovations (LUNA). These companies are all part of the "business services" sector.

Bakkt vs.

Mercurity Fintech (NASDAQ:MFH) and Bakkt (NYSE:BKKT) are both small-cap business services companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, valuation, community ranking, media sentiment, earnings, dividends and risk.

30.8% of Mercurity Fintech shares are owned by institutional investors. Comparatively, 11.1% of Bakkt shares are owned by institutional investors. 62.8% of Mercurity Fintech shares are owned by company insiders. Comparatively, 1.8% of Bakkt shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Mercurity Fintech has a beta of 2.02, meaning that its stock price is 102% more volatile than the S&P 500. Comparatively, Bakkt has a beta of 4.23, meaning that its stock price is 323% more volatile than the S&P 500.

Mercurity Fintech has higher earnings, but lower revenue than Bakkt.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Mercurity Fintech$450K156.20-$9.36MN/AN/A
Bakkt$780.10M0.15-$74.85M-$21.00-0.42

Mercurity Fintech has a net margin of 0.00% compared to Mercurity Fintech's net margin of -9.59%. Bakkt's return on equity of 0.00% beat Mercurity Fintech's return on equity.

Company Net Margins Return on Equity Return on Assets
Mercurity FintechN/A N/A N/A
Bakkt -9.59%-33.06%-9.20%

Bakkt received 7 more outperform votes than Mercurity Fintech when rated by MarketBeat users. However, 100.00% of users gave Mercurity Fintech an outperform vote while only 40.00% of users gave Bakkt an outperform vote.

CompanyUnderperformOutperform
Mercurity FintechOutperform Votes
1
100.00%
Underperform Votes
No Votes
BakktOutperform Votes
8
40.00%
Underperform Votes
12
60.00%

In the previous week, Mercurity Fintech and Mercurity Fintech both had 2 articles in the media. Bakkt's average media sentiment score of 0.00 beat Mercurity Fintech's score of -0.50 indicating that Mercurity Fintech is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Mercurity Fintech
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Bakkt
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Negative

Bakkt has a consensus price target of $13.13, suggesting a potential upside of 48.98%. Given Mercurity Fintech's higher possible upside, analysts clearly believe Bakkt is more favorable than Mercurity Fintech.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mercurity Fintech
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Bakkt
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Mercurity Fintech beats Bakkt on 9 of the 14 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BKKT 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 NYSE 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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BKKT vs. The Competition

MetricBakktNondepository credit institutions IndustryBusiness SectorNYSE Exchange
Market Cap$113.39M$6.25B$6.39B$17.72B
Dividend YieldN/A5.15%2.98%3.52%
P/E Ratio-0.4210.8237.4224.80
Price / Sales0.157.30999.2710.75
Price / CashN/A23.8223.6115.59
Price / Book0.711.894.595.10
Net Income-$74.85M$434.66M$117.19M$967.52M
7 Day Performance40.51%1.21%0.93%1.66%
1 Month Performance-31.67%-3.38%-2.79%-1.43%
1 Year Performance-73.70%31.50%8.09%108.46%

Bakkt Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MFH
Mercurity Fintech
0 of 5 stars
$1.37
-2.1%
N/A-5.6%$63.81M$450,000.000.009News Coverage
Gap Up
PGY
Pagaya Technologies
3.3672 of 5 stars
$10.75
-1.9%
$38.08
+254.3%
+5.8%$56.44M$812.05M-4.97712
MOGO
Mogo
2.4513 of 5 stars
$1.80
-1.6%
$8.00
+344.4%
-25.8%$44.12M$48.31M-3.27255
DGHI
Digihost Technology
0 of 5 stars
$1.47
-7.5%
N/A-10.5%$43.15M$26.11M-1.8815Gap Down
ABTS
Abits Group
0 of 5 stars
$0.81
+1.3%
N/AN/A$28.80M$1.68M0.0012Upcoming Earnings
BTBT
Bit Digital
2.9051 of 5 stars
$2.17
-5.2%
$5.50
+153.5%
-4.8%$178.98M$44.92M-13.5624
OPFI
OppFi
2.6928 of 5 stars
$2.70
+0.7%
$4.25
+57.4%
+48.8%$299.48M$508.95M-134.93445News Coverage
SHIM
Shimmick
1.9009 of 5 stars
$3.68
-0.5%
$10.50
+185.3%
N/A$94.50M$632.81M0.001,300Lockup Expiration
FAAS
DigiAsia
0 of 5 stars
$8.68
-5.2%
N/AN/A$92.79MN/A0.0080Gap Down
LUNA
Luna Innovations
1.3022 of 5 stars
$2.80
-2.1%
$10.00
+257.8%
-56.2%$94.92M$109.50M-34.94337Upcoming Earnings
Analyst Forecast

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This page (NYSE:BKKT) was last updated on 5/9/2024 by MarketBeat.com Staff

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