BKKT vs. AMAL, BHRB, FBMS, FMBH, CFB, CNOB, AMTB, MCBS, OSBC, and HBT
Should you be buying Bakkt stock or one of its competitors? The main competitors of Bakkt include Amalgamated Financial (AMAL), Burke & Herbert Financial Services (BHRB), First Bancshares (FBMS), First Mid Bancshares (FMBH), CrossFirst Bankshares (CFB), ConnectOne Bancorp (CNOB), Amerant Bancorp (AMTB), MetroCity Bankshares (MCBS), Old Second Bancorp (OSBC), and HBT Financial (HBT). These companies are all part of the "banking" industry.
Bakkt (NYSE:BKKT) and Amalgamated Financial (NASDAQ:AMAL) are both small-cap business services companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, valuation, earnings, media sentiment, analyst recommendations, risk and community ranking.
11.1% of Bakkt shares are held by institutional investors. Comparatively, 75.9% of Amalgamated Financial shares are held by institutional investors. 1.8% of Bakkt shares are held by insiders. Comparatively, 0.9% of Amalgamated Financial shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Bakkt currently has a consensus price target of $13.13, indicating a potential downside of 27.41%. Amalgamated Financial has a consensus price target of $30.50, indicating a potential downside of 5.31%. Given Amalgamated Financial's stronger consensus rating and higher probable upside, analysts clearly believe Amalgamated Financial is more favorable than Bakkt.
In the previous week, Amalgamated Financial had 12 more articles in the media than Bakkt. MarketBeat recorded 14 mentions for Amalgamated Financial and 2 mentions for Bakkt. Bakkt's average media sentiment score of 0.50 beat Amalgamated Financial's score of 0.40 indicating that Bakkt is being referred to more favorably in the media.
Amalgamated Financial received 82 more outperform votes than Bakkt when rated by MarketBeat users. Likewise, 55.90% of users gave Amalgamated Financial an outperform vote while only 40.00% of users gave Bakkt an outperform vote.
Bakkt has a beta of 4.8, meaning that its share price is 380% more volatile than the S&P 500. Comparatively, Amalgamated Financial has a beta of 0.94, meaning that its share price is 6% less volatile than the S&P 500.
Amalgamated Financial has lower revenue, but higher earnings than Bakkt. Bakkt is trading at a lower price-to-earnings ratio than Amalgamated Financial, indicating that it is currently the more affordable of the two stocks.
Amalgamated Financial has a net margin of 23.22% compared to Bakkt's net margin of -4.26%. Amalgamated Financial's return on equity of 16.34% beat Bakkt's return on equity.
Summary
Amalgamated Financial beats Bakkt on 14 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BKKT 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 NYSE 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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