BTBT vs. NIC, CASH, CUBI, SII, HUT, PWP, CLBK, MBIN, CMPO, and PGY
Should you be buying Bit Digital stock or one of its competitors? The main competitors of Bit Digital include Nicolet Bankshares (NIC), Pathward Financial (CASH), Customers Bancorp (CUBI), Sprott (SII), Hut 8 (HUT), Perella Weinberg Partners (PWP), Columbia Financial (CLBK), Merchants Bancorp (MBIN), CompoSecure (CMPO), and Pagaya Technologies (PGY). These companies are all part of the "banking" industry.
Bit Digital vs. Its Competitors
Bit Digital (NASDAQ:BTBT) and Nicolet Bankshares (NYSE:NIC) are both small-cap banking companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, valuation, institutional ownership, media sentiment and risk.
In the previous week, Bit Digital had 16 more articles in the media than Nicolet Bankshares. MarketBeat recorded 20 mentions for Bit Digital and 4 mentions for Nicolet Bankshares. Nicolet Bankshares' average media sentiment score of 0.83 beat Bit Digital's score of 0.61 indicating that Nicolet Bankshares is being referred to more favorably in the news media.
Bit Digital currently has a consensus target price of $6.33, suggesting a potential upside of 109.37%. Nicolet Bankshares has a consensus target price of $119.25, suggesting a potential downside of 9.34%. Given Bit Digital's stronger consensus rating and higher probable upside, analysts clearly believe Bit Digital is more favorable than Nicolet Bankshares.
Nicolet Bankshares has a net margin of 24.31% compared to Bit Digital's net margin of -77.27%. Nicolet Bankshares' return on equity of 11.08% beat Bit Digital's return on equity.
47.7% of Bit Digital shares are owned by institutional investors. Comparatively, 43.1% of Nicolet Bankshares shares are owned by institutional investors. 2.3% of Bit Digital shares are owned by company insiders. Comparatively, 16.4% of Nicolet Bankshares shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Nicolet Bankshares has higher revenue and earnings than Bit Digital. Bit Digital is trading at a lower price-to-earnings ratio than Nicolet Bankshares, indicating that it is currently the more affordable of the two stocks.
Bit Digital has a beta of 5.25, meaning that its share price is 425% more volatile than the S&P 500. Comparatively, Nicolet Bankshares has a beta of 0.76, meaning that its share price is 24% less volatile than the S&P 500.
Summary
Nicolet Bankshares beats Bit Digital on 9 of the 17 factors compared between the two stocks.
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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.
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.
Bit Digital Competitors List
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This page (NASDAQ:BTBT) was last updated on 7/4/2025 by MarketBeat.com Staff
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