HUT vs. ASB, INTR, UPST, FHB, EBC, IFS, BUR, BFH, PRK, and AVAL
Should you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include Associated Banc (ASB), Inter & Co, Inc. (INTR), Upstart (UPST), First Hawaiian (FHB), Eastern Bankshares (EBC), Intercorp Financial Services (IFS), Burford Capital (BUR), Bread Financial (BFH), Park National (PRK), and Grupo Aval Acciones y Valores (AVAL). These companies are all part of the "banking" industry.
Hut 8 (NASDAQ:HUT) and Associated Banc (NYSE:ASB) are both finance companies, but which is the better stock? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, profitability, media sentiment, institutional ownership, community ranking and earnings.
Associated Banc received 206 more outperform votes than Hut 8 when rated by MarketBeat users. However, 65.38% of users gave Hut 8 an outperform vote while only 49.38% of users gave Associated Banc an outperform vote.
Associated Banc has a net margin of 7.93% compared to Hut 8's net margin of 0.00%. Associated Banc's return on equity of 8.14% beat Hut 8's return on equity.
Associated Banc has higher revenue and earnings than Hut 8.
Hut 8 has a beta of 4.05, suggesting that its stock price is 305% more volatile than the S&P 500. Comparatively, Associated Banc has a beta of 0.93, suggesting that its stock price is 7% less volatile than the S&P 500.
Hut 8 currently has a consensus price target of $16.08, indicating a potential upside of 54.05%. Associated Banc has a consensus price target of $23.67, indicating a potential upside of 13.08%. Given Hut 8's stronger consensus rating and higher possible upside, equities research analysts clearly believe Hut 8 is more favorable than Associated Banc.
31.8% of Hut 8 shares are owned by institutional investors. Comparatively, 83.0% of Associated Banc shares are owned by institutional investors. 12.0% of Hut 8 shares are owned by company insiders. Comparatively, 1.5% of Associated Banc shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
In the previous week, Hut 8 had 3 more articles in the media than Associated Banc. MarketBeat recorded 6 mentions for Hut 8 and 3 mentions for Associated Banc. Associated Banc's average media sentiment score of 1.62 beat Hut 8's score of 0.53 indicating that Associated Banc is being referred to more favorably in the news media.
Summary
Hut 8 and Associated Banc tied by winning 8 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding HUT 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 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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