Hut 8 (HUT) Competitors C$16.13 +0.83 (+5.42%) (As of 10/11/2024 ET) Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlines HUT vs. BLX, SII, BITF, WFC, WED, VBNK, HIVE, PTS, ML, and GRNShould you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include Boralex (BLX), Sprott (SII), Bitfarms (BITF), Wall Financial (WFC), Westaim (WED), VersaBank (VBNK), HIVE Digital Technologies (HIVE), Points.com (PTS), Millennial Lithium (ML), and Greenlane Renewables Inc. (GRN.V) (GRN). These companies are all part of the "banking" industry. Hut 8 vs. Boralex Sprott Bitfarms Wall Financial Westaim VersaBank HIVE Digital Technologies Points.com Millennial Lithium Greenlane Renewables Inc. (GRN.V) Hut 8 (TSE:HUT) and Boralex (TSE:BLX) are both financial services companies, but which is the superior stock? We will compare the two businesses based on the strength of their media sentiment, institutional ownership, profitability, community ranking, dividends, earnings, analyst recommendations, valuation and risk. Which has better earnings & valuation, HUT or BLX? Hut 8 has higher earnings, but lower revenue than Boralex. Hut 8 is trading at a lower price-to-earnings ratio than Boralex, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioHut 8C$171.99M8.76C$185.15M-C$1.07-15.07BoralexC$959M0.00C$95MC$0.93N/A Is HUT or BLX more profitable? Hut 8 has a net margin of 102.21% compared to Boralex's net margin of 9.91%. Boralex's return on equity of 6.69% beat Hut 8's return on equity.Company Net Margins Return on Equity Return on Assets Hut 8102.21% -122.68% -4.25% Boralex 9.91%6.69%2.54% Do insiders and institutionals have more ownership in HUT or BLX? 57.2% of Hut 8 shares are held by institutional investors. Comparatively, 58.3% of Boralex shares are held by institutional investors. 60.2% of Hut 8 shares are held by company insiders. Comparatively, 0.2% of Boralex 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. Does the MarketBeat Community favor HUT or BLX? Boralex received 380 more outperform votes than Hut 8 when rated by MarketBeat users. However, 75.00% of users gave Hut 8 an outperform vote while only 63.02% of users gave Boralex an outperform vote. CompanyUnderperformOutperformHut 8Outperform Votes1275.00% Underperform Votes425.00% BoralexOutperform Votes39263.02% Underperform Votes23036.98% Which has more volatility and risk, HUT or BLX? Hut 8 has a beta of 3.45, suggesting that its stock price is 245% more volatile than the S&P 500. Comparatively, Boralex has a beta of 0.45, suggesting that its stock price is 55% less volatile than the S&P 500. Does the media favor HUT or BLX? In the previous week, Boralex had 6 more articles in the media than Hut 8. MarketBeat recorded 6 mentions for Boralex and 0 mentions for Hut 8. Boralex's average media sentiment score of 0.38 beat Hut 8's score of 0.00 indicating that Boralex is being referred to more favorably in the news media. Company Overall Sentiment Hut 8 Neutral Boralex Neutral Do analysts recommend HUT or BLX? Boralex has a consensus price target of C$43.22, indicating a potential upside of 0.00%. Given Boralex's higher possible upside, analysts plainly believe Boralex is more favorable than Hut 8.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Hut 8 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 2 Strong Buy rating(s) 4.00Boralex 0 Sell rating(s) 1 Hold rating(s) 6 Buy rating(s) 2 Strong Buy rating(s) 3.11 SummaryBoralex beats Hut 8 on 11 of the 17 factors compared between the two stocks. Ad Behind the MarketsNotice: Major payout due November 19th - are you on the list?On Tuesday, November 19, 2024 smart investors will collect their share of a $1.2 billion windfall... It's part of a unique strategy which has nothing to do with risky investments like options, cryptos or forex. And while it might sound crazy...Click here for the ticker >>> Get Hut 8 News Delivered to You Automatically Sign up to receive the latest news and ratings for HUT and its competitors with MarketBeat's FREE daily newsletter. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?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. Skip ChartMedia Sentiment Over TimeWhat are MarkeBeat Followers?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.Skip Chart HUT vs. The Competition Export to ExcelMetricHut 8Capital Markets IndustryFinancial SectorTSE ExchangeMarket CapC$1.47BC$572.53MC$3.29BC$5.84BDividend YieldN/A4.78%4.54%5.46%P/E Ratio-15.07541.12411.1326.42Price / Sales8.767,436.852,507.941,680.35Price / Cash7.8610.4449.6582.03Price / Book2.222.791.513.07Net IncomeC$185.15MC$55.27MC$356.34MC$296.87M7 Day Performance-1.10%0.37%-0.08%1.16%1 Month Performance9.06%2.78%0.92%5.61%1 Year Performance553.04%50.11%17.03%44.55% Hut 8 Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)HUTHut 8N/AC$16.13+5.4%N/A+530.1%C$1.47BC$171.99M-15.07219BLXBoralex3.8021 of 5 starsC$34.45-1.5%C$43.22+25.5%N/AC$3.54BC$959M37.04180Analyst RevisionNews CoverageSIISprott1.0493 of 5 starsC$61.52+0.6%C$63.00+2.4%+48.0%C$1.56BC$182.34M28.61170BITFBitfarms2.3264 of 5 starsC$2.49+2.5%C$7.50+201.2%+84.7%C$1.13BC$172.70M-5.08110WFCWall FinancialN/AC$19.50flatN/A-0.5%C$626.93MC$186.46M25.32238,000WEDWestaim0.2435 of 5 starsC$4.55+2.1%C$4.75+4.5%+25.0%C$582.53MC$104.22M6.993,240Analyst RevisionVBNKVersaBank0.6523 of 5 starsC$21.18+8.4%C$12.00-43.3%+100.7%C$549.83MC$113.82M12.03100Dividend AnnouncementHIVEHIVE Digital Technologies0.6325 of 5 starsC$4.17+2.7%C$9.00+115.8%+5.9%C$494.94MC$123.14M-8.8720PTSPoints.comN/AN/AN/AN/AC$480.57MC$432.40M169.26240,000MLMillennial LithiumN/AC$4.04+2.0%N/A+0.0%C$395.36MN/A-20.20560Gap DownGRNGreenlane Renewables Inc. (GRN.V)N/AC$2.78+16.3%C$0.36-87.0%+0.0%C$368.17MC$16.93M-102.9649Gap Up Related Companies and Tools Related Companies: Boralex Alternatives Sprott Alternatives Bitfarms Alternatives Wall Financial Alternatives Westaim Alternatives VersaBank Alternatives HIVE Digital Technologies Alternatives Points.com Alternatives Millennial Lithium Alternatives Greenlane Renewables Inc. (GRN.V) Alternatives Top 10 Stock Comparisons Bank Stocks Artificial Intelligence Stocks Toy Stocks Growth Stocks Airline Stocks Chinese Stocks EV Charging Stocks Defense Stocks Lithium Stocks Pharmaceutical Stocks This page (TSE:HUT) was last updated on 10/12/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... 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