Hut 8 (HUT) Competitors

$8.86
-0.12 (-1.34%)
(As of 04/25/2024 ET)

HUT vs. CCAP, WULF, VEL, LDI, RWAY, MDBH, GHI, HIVE, LX, and SII

Should you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include Crescent Capital BDC (CCAP), TeraWulf (WULF), Velocity Financial (VEL), loanDepot (LDI), Runway Growth Finance (RWAY), MDB Capital (MDBH), Greystone Housing Impact Investors (GHI), HIVE Digital Technologies (HIVE), LexinFintech (LX), and Sprott (SII). These companies are all part of the "nondepository credit institutions" industry.

Hut 8 vs.

Crescent Capital BDC (NASDAQ:CCAP) and Hut 8 (NASDAQ:HUT) are both small-cap finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their community ranking, earnings, profitability, analyst recommendations, valuation, institutional ownership, media sentiment, dividends and risk.

In the previous week, Hut 8 had 13 more articles in the media than Crescent Capital BDC. MarketBeat recorded 16 mentions for Hut 8 and 3 mentions for Crescent Capital BDC. Crescent Capital BDC's average media sentiment score of 0.62 beat Hut 8's score of 0.56 indicating that Hut 8 is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Crescent Capital BDC
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hut 8
5 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Crescent Capital BDC received 10 more outperform votes than Hut 8 when rated by MarketBeat users. Likewise, 54.90% of users gave Crescent Capital BDC an outperform vote while only 52.94% of users gave Hut 8 an outperform vote.

CompanyUnderperformOutperform
Crescent Capital BDCOutperform Votes
28
54.90%
Underperform Votes
23
45.10%
Hut 8Outperform Votes
18
52.94%
Underperform Votes
16
47.06%

Crescent Capital BDC has a beta of 0.83, suggesting that its stock price is 17% less volatile than the S&P 500. Comparatively, Hut 8 has a beta of 3.91, suggesting that its stock price is 291% more volatile than the S&P 500.

Crescent Capital BDC has higher revenue and earnings than Hut 8. Hut 8 is trading at a lower price-to-earnings ratio than Crescent Capital BDC, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Crescent Capital BDC$184.13M3.47$83.84M$2.297.53
Hut 8$115.90M6.82-$186.77M-$2.75-3.22

Crescent Capital BDC currently has a consensus target price of $17.75, indicating a potential upside of 2.96%. Hut 8 has a consensus target price of $12.33, indicating a potential upside of 39.20%. Given Crescent Capital BDC's higher possible upside, analysts clearly believe Hut 8 is more favorable than Crescent Capital BDC.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Crescent Capital BDC
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Hut 8
1 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.50

Crescent Capital BDC has a net margin of 45.54% compared to Crescent Capital BDC's net margin of -184.31%. Hut 8's return on equity of 11.32% beat Crescent Capital BDC's return on equity.

Company Net Margins Return on Equity Return on Assets
Crescent Capital BDC45.54% 11.32% 5.08%
Hut 8 -184.31%-24.58%-20.69%

49.5% of Crescent Capital BDC shares are held by institutional investors. Comparatively, 31.8% of Hut 8 shares are held by institutional investors. 1.0% of Crescent Capital BDC shares are held by company 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.

Summary

Crescent Capital BDC beats Hut 8 on 11 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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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.
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HUT vs. The Competition

MetricHut 8Nondepository credit institutions IndustryFinance SectorNASDAQ Exchange
Market Cap$790.67M$6.55B$8.55B$7.44B
Dividend YieldN/A5.31%6.71%3.94%
P/E Ratio-3.2226.7961.4120.52
Price / Sales6.827.383,465.1890.01
Price / Cash355.4631.5828.3735.26
Price / Book1.452.032.264.27
Net Income-$186.77M$459.21M$991.36M$213.88M
7 Day Performance10.06%5.64%0.78%1.17%
1 Month Performance-10.32%-3.85%-1.43%-4.36%
1 Year Performance409.20%45.01%14.40%8.56%

Hut 8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CCAP
Crescent Capital BDC
2.244 of 5 stars
$16.98
+0.1%
$17.75
+4.5%
+24.0%$629.28M$184.13M7.41N/AShort Interest ↓
WULF
TeraWulf
3.7339 of 5 stars
$1.88
-3.1%
$3.66
+95.1%
+79.1%$566.68M$69.23M0.0010Short Interest ↓
Gap Down
VEL
Velocity Financial
0.923 of 5 stars
$16.30
+0.4%
$15.88
-2.6%
+106.2%$537.74M$107.75M10.72253Upcoming Earnings
LDI
loanDepot
0.7681 of 5 stars
$2.36
+0.4%
$2.25
-4.7%
+40.1%$762.49M$974.02M-3.754,250
RWAY
Runway Growth Finance
1.7525 of 5 stars
$12.40
-0.5%
$13.04
+5.2%
+12.7%$502.32M$164.21M11.272,020
MDBH
MDB Capital
0 of 5 stars
$8.49
+4.8%
N/AN/A$364.73M$5.99M0.0040Positive News
High Trading Volume
GHI
Greystone Housing Impact Investors
4.0171 of 5 stars
$14.68
-4.2%
$19.33
+31.7%
-8.7%$337.93M$104.90M7.09N/AUpcoming Earnings
Short Interest ↓
High Trading Volume
HIVE
HIVE Digital Technologies
1.2665 of 5 stars
$2.66
-0.4%
$5.17
+94.2%
-2.2%$284.70M$106.32M-4.1618
LX
LexinFintech
3.2365 of 5 stars
$1.65
-1.8%
$2.66
+61.2%
-21.4%$268.50M$1.84B1.923,872Positive News
SII
Sprott
0 of 5 stars
$39.78
-0.6%
N/A+10.3%$1.03B$169.02M24.11129Upcoming Earnings
Short Interest ↑

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This page (NASDAQ:HUT) was last updated on 4/26/2024 by MarketBeat.com Staff

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