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