Hut 8 (HUT) Competitors

Bitfarms (NASDAQ:BITF) and Hut 8 (NASDAQ:HUT) are both banking companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, profitability, media sentiment, institutional ownership, risk, analyst recommendations, earnings and valuation.

Which has more volatility & risk, BITF or HUT?

Bitfarms has a beta of 3.5, meaning that its share price is 250% more volatile than the S&P 500. Comparatively, Hut 8 has a beta of 4.32, meaning that its share price is 332% more volatile than the S&P 500.

Is BITF or HUT more profitable?

Hut 8 has a net margin of 112.81% compared to Bitfarms' net margin of -40.09%. Hut 8's return on equity of 8.73% beat Bitfarms' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Bitfarms	-40.09%	-12.70%	-11.18%
Hut 8	112.81%	8.73%	5.72%

Does the media refer more to BITF or HUT?

In the previous week, Hut 8 had 5 more articles in the media than Bitfarms. MarketBeat recorded 12 mentions for Hut 8 and 7 mentions for Bitfarms. Hut 8's average media sentiment score of 0.97 beat Bitfarms' score of 0.77 indicating that Hut 8 is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Bitfarms	1 Very Positive mention(s)	2 Positive mention(s)	3 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Hut 8	3 Very Positive mention(s)	1 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Which has better earnings & valuation, BITF or HUT?

Hut 8 has lower revenue, but higher earnings than Bitfarms.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bitfarms	$192.88M	3.56	-$105.93M	-$0.19	-6.47
Hut 8	$162.38M	13.37	$331.88M	N/A	N/A

Do institutionals and insiders believe in BITF or HUT?

20.6% of Bitfarms shares are held by institutional investors. Comparatively, 31.8% of Hut 8 shares are held by institutional investors. 9.5% of Bitfarms shares are held by company insiders. Comparatively, 11.2% of Hut 8 shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Do analysts recommend BITF or HUT?

Bitfarms presently has a consensus price target of $3.95, indicating a potential upside of 221.14%. Hut 8 has a consensus price target of $26.71, indicating a potential upside of 29.83%. Given Bitfarms' higher possible upside, equities research analysts plainly believe Bitfarms is more favorable than Hut 8.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitfarms	0 Sell rating(s)	0 Hold rating(s)	5 Buy rating(s)	0 Strong Buy rating(s)	3.00
Hut 8	0 Sell rating(s)	0 Hold rating(s)	15 Buy rating(s)	4 Strong Buy rating(s)	3.21

Summary

Hut 8 beats Bitfarms on 13 of the 15 factors compared between the two stocks.