GLXY vs. HUT, CF, BITF, SII, UNC, TSU, LB, FN, CVG, and CGI
Should you be buying Galaxy Digital stock or one of its competitors? The main competitors of Galaxy Digital include Hut 8 (HUT), Canaccord Genuity Group (CF), Bitfarms (BITF), Sprott (SII), United Co.s (UNC), Trisura Group (TSU), Laurentian Bank of Canada (LB), First National Financial (FN), Clairvest Group (CVG), and Canadian General Investments (CGI). These companies are all part of the "financial services" sector.
Galaxy Digital (TSE:GLXY) and Hut 8 (TSE:HUT) are both small-cap financial services companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, valuation, analyst recommendations, media sentiment, community ranking, risk, institutional ownership and dividends.
13.2% of Galaxy Digital shares are owned by institutional investors. Comparatively, 11.2% of Hut 8 shares are owned by institutional investors. 2.0% of Galaxy Digital shares are owned by insiders. Comparatively, 57.2% of Hut 8 shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Hut 8 has a net margin of 10.24% compared to Galaxy Digital's net margin of 0.00%. Galaxy Digital's return on equity of 84.19% beat Hut 8's return on equity.
Galaxy Digital has higher earnings, but lower revenue than Hut 8. Hut 8 is trading at a lower price-to-earnings ratio than Galaxy Digital, indicating that it is currently the more affordable of the two stocks.
Galaxy Digital has a beta of 3.21, suggesting that its share price is 221% more volatile than the S&P 500. Comparatively, Hut 8 has a beta of 3.45, suggesting that its share price is 245% more volatile than the S&P 500.
In the previous week, Galaxy Digital had 6 more articles in the media than Hut 8. MarketBeat recorded 7 mentions for Galaxy Digital and 1 mentions for Hut 8. Galaxy Digital's average media sentiment score of 0.78 beat Hut 8's score of -1.18 indicating that Galaxy Digital is being referred to more favorably in the media.
Galaxy Digital presently has a consensus price target of C$20.00, suggesting a potential upside of 58.98%. Given Galaxy Digital's stronger consensus rating and higher probable upside, equities research analysts plainly believe Galaxy Digital is more favorable than Hut 8.
Hut 8 received 3 more outperform votes than Galaxy Digital when rated by MarketBeat users. However, 100.00% of users gave Galaxy Digital an outperform vote while only 71.43% of users gave Hut 8 an outperform vote.
Summary
Galaxy Digital beats Hut 8 on 12 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GLXY 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 TSE 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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