GLXY vs. HUT, CF, BITF, UNC, SII, LB, CVG, CGI, SEC, and TSU
Should you be buying Galaxy Digital stock or one of its competitors? The main competitors of Galaxy Digital include Hut 8 (HUT), Canaccord Genuity Group (CF), Bitfarms (BITF), United Co.s (UNC), Sprott (SII), Laurentian Bank of Canada (LB), Clairvest Group (CVG), Canadian General Investments (CGI), Senvest Capital (SEC), and Trisura Group (TSU). These companies are all part of the "financial services" sector.
Galaxy Digital (TSE:GLXY) and Hut 8 (TSE:HUT) are both small-cap financial services companies, but which is the superior stock? We will contrast the two companies based on the strength of their media sentiment, dividends, community ranking, profitability, valuation, institutional ownership, risk, earnings and analyst recommendations.
17.2% of Galaxy Digital shares are owned by institutional investors. Comparatively, 10.7% of Hut 8 shares are owned by institutional investors. 4.2% of Galaxy Digital shares are owned by insiders. Comparatively, 57.4% of Hut 8 shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Galaxy Digital has a net margin of 0.00% compared to Hut 8's net margin of -110.59%. Galaxy Digital's return on equity of -25.08% beat Hut 8's return on equity.
In the previous week, Galaxy Digital and Galaxy Digital both had 1 articles in the media. Galaxy Digital's average media sentiment score of 1.23 beat Hut 8's score of 0.65 indicating that Galaxy Digital is being referred to more favorably in the media.
Hut 8 received 4 more outperform votes than Galaxy Digital when rated by MarketBeat users. However, 100.00% of users gave Galaxy Digital an outperform vote while only 71.43% of users gave Hut 8 an outperform vote.
Galaxy Digital has a beta of 3.18, suggesting that its stock price is 218% more volatile than the S&P 500. Comparatively, Hut 8 has a beta of 3.45, suggesting that its stock price is 245% more volatile than the S&P 500.
Galaxy Digital presently has a consensus target price of C$17.00, indicating a potential upside of 42.02%. Given Galaxy Digital's stronger consensus rating and higher possible upside, equities research analysts clearly believe Galaxy Digital is more favorable than Hut 8.
Hut 8 has higher revenue and earnings than Galaxy Digital. Hut 8 is trading at a lower price-to-earnings ratio than Galaxy Digital, indicating that it is currently the more affordable of the two stocks.
Summary
Galaxy Digital beats Hut 8 on 10 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GLXY 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 TSE 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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