BITF vs. OPFI, BTBT, BKKT, ML, HUT, CLSK, CMPO, CIFR, PGY, and GDOT
Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include OppFi (OPFI), Bit Digital (BTBT), Bakkt (BKKT), MoneyLion (ML), Hut 8 Mining (HUT), CleanSpark (CLSK), CompoSecure (CMPO), Cipher Mining (CIFR), Pagaya Technologies (PGY), and Green Dot (GDOT). These companies are all part of the "nondepository credit institutions" industry.
Bitfarms vs.
OppFi (NYSE:OPFI) and Bitfarms (NASDAQ:BITF) are both small-cap business services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, media sentiment, profitability, institutional ownership, valuation, community ranking, earnings, analyst recommendations and dividends.
OppFi currently has a consensus price target of $3.00, suggesting a potential upside of 36.36%. Bitfarms has a consensus price target of $2.00, suggesting a potential upside of 81.82%. Given Bitfarms' stronger consensus rating and higher probable upside, analysts plainly believe Bitfarms is more favorable than OppFi.
In the previous week, Bitfarms had 1 more articles in the media than OppFi. MarketBeat recorded 5 mentions for Bitfarms and 4 mentions for OppFi. OppFi's average media sentiment score of 0.93 beat Bitfarms' score of 0.67 indicating that OppFi is being referred to more favorably in the media.
OppFi received 5 more outperform votes than Bitfarms when rated by MarketBeat users. Likewise, 57.89% of users gave OppFi an outperform vote while only 50.00% of users gave Bitfarms an outperform vote.
OppFi has a net margin of 1.33% compared to Bitfarms' net margin of -186.19%. OppFi's return on equity of 2.56% beat Bitfarms' return on equity.
OppFi has higher revenue and earnings than Bitfarms. OppFi is trading at a lower price-to-earnings ratio than Bitfarms, indicating that it is currently the more affordable of the two stocks.
OppFi has a beta of 0.7, suggesting that its share price is 30% less volatile than the S&P 500. Comparatively, Bitfarms has a beta of 3.1, suggesting that its share price is 210% more volatile than the S&P 500.
3.2% of OppFi shares are owned by institutional investors. Comparatively, 14.4% of Bitfarms shares are owned by institutional investors. 88.7% of OppFi shares are owned by insiders. Comparatively, 9.5% of Bitfarms shares are owned 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.
Summary
OppFi beats Bitfarms on 10 of the 18 factors compared between the two stocks.
New MarketBeat Followers Over Time
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.
Skip ChartMedia 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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