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BIT Mining (BTCM) Competitors

$2.81
+0.07 (+2.55%)
(As of 07/26/2024 ET)

BTCM vs. SKLZ, BCOV, VERI, SY, LIFW, ADEX, LTRPA, DTST, PHUN, and ADP

Should you be buying BIT Mining stock or one of its competitors? The main competitors of BIT Mining include Skillz (SKLZ), Brightcove (BCOV), Veritone (VERI), So-Young International (SY), MSP Recovery (LIFW), Adit EdTech Acquisition (ADEX), Liberty TripAdvisor (LTRPA), Data Storage (DTST), Phunware (PHUN), and Automatic Data Processing (ADP). These companies are all part of the "data processing & preparation" industry.

BIT Mining vs.

Skillz (NYSE:SKLZ) and BIT Mining (NYSE:BTCM) are both small-cap consumer discretionary companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, dividends, profitability, community ranking, analyst recommendations, institutional ownership, media sentiment, risk and valuation.

19.4% of Skillz shares are owned by institutional investors. Comparatively, 5.3% of BIT Mining shares are owned by institutional investors. 22.7% of Skillz shares are owned by insiders. Comparatively, 19.7% of BIT Mining shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

BIT Mining has a net margin of -6.16% compared to BIT Mining's net margin of -78.69%. Skillz's return on equity of -32.20% beat BIT Mining's return on equity.

Company Net Margins Return on Equity Return on Assets
Skillz-78.69% -48.43% -26.29%
BIT Mining -6.16%-32.20%-16.69%

Skillz has a beta of 2.78, indicating that its share price is 178% more volatile than the S&P 500. Comparatively, BIT Mining has a beta of 2.55, indicating that its share price is 155% more volatile than the S&P 500.

Skillz received 36 more outperform votes than BIT Mining when rated by MarketBeat users. Likewise, 54.55% of users gave Skillz an outperform vote while only 0.00% of users gave BIT Mining an outperform vote.

CompanyUnderperformOutperform
SkillzOutperform Votes
36
54.55%
Underperform Votes
30
45.45%
BIT MiningOutperform Votes
No Votes
Underperform Votes
1
100.00%

Skillz presently has a consensus price target of $10.25, suggesting a potential upside of 58.55%. Given BIT Mining's higher probable upside, equities research analysts clearly believe Skillz is more favorable than BIT Mining.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Skillz
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
BIT Mining
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

BIT Mining has lower revenue, but higher earnings than Skillz. BIT Mining is trading at a lower price-to-earnings ratio than Skillz, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Skillz$150.11M0.92-$106.69M-$5.11-1.27
BIT Mining$43.10M0.72-$28.71M-$1.31-2.15

In the previous week, BIT Mining had 4 more articles in the media than Skillz. MarketBeat recorded 4 mentions for BIT Mining and 0 mentions for Skillz. Skillz's average media sentiment score of 0.00 beat BIT Mining's score of 0.00 indicating that BIT Mining is being referred to more favorably in the news media.

Company Overall Sentiment
Skillz Neutral
BIT Mining Neutral

Summary

Skillz beats BIT Mining on 10 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BTCM 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 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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BTCM vs. The Competition

MetricBIT MiningData processing & preparation IndustryBusiness SectorNYSE Exchange
Market Cap$30.45M$3.64B$6.59B$18.50B
Dividend YieldN/A2.26%2.90%3.51%
P/E Ratio-2.1527.4721.8025.04
Price / Sales0.724.101,085.0315.37
Price / CashN/A48.6529.4019.61
Price / Book1.245.594.525.08
Net Income-$28.71M$42.40M$117.30M$977.27M
7 Day Performance-13.80%0.05%1.59%1.57%
1 Month Performance-4.42%4.80%3.66%5.69%
1 Year Performance-14.33%-2.92%1.68%9.05%

BIT Mining Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SKLZ
Skillz
1.2148 of 5 stars
1.21 / 5 stars
$6.55
-0.8%
$10.25
+56.5%
-46.5%$141.55M$150.11M-1.28240
BCOV
Brightcove
4.4881 of 5 stars
4.49 / 5 stars
$2.60
+3.6%
$4.00
+53.8%
-37.6%$111.90M$201.19M-11.82720Analyst Upgrade
Short Interest ↓
News Coverage
VERI
Veritone
2.1187 of 5 stars
2.12 / 5 stars
$3.04
+12.2%
$2.25
-26.0%
-25.6%$102.39M$127.56M-1.38550Short Interest ↓
SY
So-Young International
0 of 5 stars
0.00 / 5 stars
$0.96
-1.0%
N/A-40.5%$100.43M$210.99M48.021,357Short Interest ↓
News Coverage
Positive News
LIFW
MSP Recovery
0 of 5 stars
0.00 / 5 stars
$0.51
+1.3%
N/A-92.8%$71.07M$7.70M-0.0888Gap Down
High Trading Volume
ADEX
Adit EdTech Acquisition
0 of 5 stars
0.00 / 5 stars
$5.38
flat
N/AN/A$47.88M$19.62M0.007
LTRPA
Liberty TripAdvisor
0 of 5 stars
0.00 / 5 stars
$0.62
+1.6%
N/A-20.8%$47.05M$1.79B-0.152,845Gap Down
DTST
Data Storage
0 of 5 stars
0.00 / 5 stars
$6.04
-0.2%
N/A+94.2%$42.33M$24.96M67.1251News Coverage
PHUN
Phunware
2.7398 of 5 stars
2.74 / 5 stars
$5.21
+4.0%
$19.00
+264.7%
-76.4%$41.44M$4.83M0.0025Short Interest ↓
ADP
Automatic Data Processing
4.3519 of 5 stars
4.35 / 5 stars
$247.99
+0.4%
$255.42
+3.0%
-0.3%$101.08B$18.01B27.6863,000Upcoming Earnings

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This page (NYSE:BTCM) was last updated on 7/27/2024 by MarketBeat.com Staff

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