Bitfarms (BITF) Competitors

$1.85
+0.05 (+2.78%)
(As of 05/9/2024 ET)

BITF vs. HKD, BTDR, ML, PGY, CMPO, GDOT, SOS, OPFI, CIFR, and BTBT

Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include AMTD Digital (HKD), Bitdeer Technologies Group (BTDR), MoneyLion (ML), Pagaya Technologies (PGY), CompoSecure (CMPO), Green Dot (GDOT), SOS (SOS), OppFi (OPFI), Cipher Mining (CIFR), and Bit Digital (BTBT). These companies are all part of the "nondepository credit institutions" industry.

Bitfarms vs.

Bitfarms (NASDAQ:BITF) and AMTD Digital (NYSE:HKD) are both small-cap business services companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, dividends, earnings, institutional ownership, risk, community ranking, profitability, valuation and analyst recommendations.

Bitfarms has a beta of 3.65, meaning that its stock price is 265% more volatile than the S&P 500. Comparatively, AMTD Digital has a beta of 2.24, meaning that its stock price is 124% more volatile than the S&P 500.

In the previous week, Bitfarms had 4 more articles in the media than AMTD Digital. MarketBeat recorded 4 mentions for Bitfarms and 0 mentions for AMTD Digital. Bitfarms' average media sentiment score of 0.63 beat AMTD Digital's score of 0.00 indicating that Bitfarms is being referred to more favorably in the media.

Company Overall Sentiment
Bitfarms Positive
AMTD Digital Neutral

AMTD Digital has a net margin of 0.00% compared to Bitfarms' net margin of -70.53%. AMTD Digital's return on equity of 0.00% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-70.53% -19.58% -16.13%
AMTD Digital N/A N/A N/A

20.6% of Bitfarms shares are owned by institutional investors. Comparatively, 5.8% of AMTD Digital shares are owned by institutional investors. 9.5% of Bitfarms shares are owned 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.

AMTD Digital has lower revenue, but higher earnings than Bitfarms.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$146.37M4.50-$104.04M-$0.37-5.00
AMTD Digital$33.07M19.63$41.74MN/AN/A

Bitfarms presently has a consensus price target of $4.20, indicating a potential upside of 127.03%. Given Bitfarms' higher possible upside, research analysts clearly believe Bitfarms is more favorable than AMTD Digital.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
AMTD Digital
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Bitfarms received 24 more outperform votes than AMTD Digital when rated by MarketBeat users.

CompanyUnderperformOutperform
BitfarmsOutperform Votes
24
75.00%
Underperform Votes
8
25.00%
AMTD DigitalN/AN/A

Summary

Bitfarms beats AMTD Digital on 9 of the 14 factors compared between the two stocks.

New MarketBeat Followers Over Time

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

MetricBitfarmsNondepository credit institutions IndustryBusiness SectorNASDAQ Exchange
Market Cap$659.14M$6.31B$6.49B$7.78B
Dividend YieldN/A5.15%3.00%3.96%
P/E Ratio-5.0010.8637.5119.07
Price / Sales4.506.891,009.9285.27
Price / Cash19.5623.8223.7628.62
Price / Book2.101.914.674.62
Net Income-$104.04M$434.66M$118.10M$217.57M
7 Day Performance2.78%2.33%1.30%1.41%
1 Month Performance-5.85%-2.47%-2.54%-2.24%
1 Year Performance76.19%34.70%8.69%9.82%

Bitfarms Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HKD
AMTD Digital
0 of 5 stars
$3.30
-2.4%
N/A-48.5%$630.83M$33.07M0.00199Negative News
Gap Down
BTDR
Bitdeer Technologies Group
3.188 of 5 stars
$5.49
-9.0%
$13.64
+148.5%
-2.5%$614.72M$368.55M-13.07211
ML
MoneyLion
0.5826 of 5 stars
$66.31
-0.5%
$66.60
+0.4%
+295.1%$697.58M$423.43M-13.84600Earnings Report
Analyst Forecast
News Coverage
Gap Down
PGY
Pagaya Technologies
3.5396 of 5 stars
$9.73
-3.3%
$38.08
+291.4%
+5.8%$574.56M$812.05M-4.50712Gap Up
CMPO
CompoSecure
2.9901 of 5 stars
$6.95
-1.1%
$11.83
+70.3%
+3.7%$559.68M$390.63M7.64922Dividend Announcement
Analyst Forecast
News Coverage
Gap Down
GDOT
Green Dot
1.7136 of 5 stars
$8.76
-2.3%
$10.75
+22.8%
-47.2%$462.53M$1.50B67.351,200News Coverage
SOS
SOS
0 of 5 stars
$1.18
-0.8%
N/A-99.4%$375.68M$260.03M0.00223Upcoming Earnings
OPFI
OppFi
2.6893 of 5 stars
$2.66
-2.6%
$4.25
+59.8%
+48.8%$294.38M$508.95M-132.93445News Coverage
CIFR
Cipher Mining
1.9141 of 5 stars
$3.72
-7.9%
$5.25
+41.1%
+93.6%$1.10B$126.84M-37.2035Analyst Forecast
News Coverage
BTBT
Bit Digital
3.1044 of 5 stars
$2.04
-5.1%
$5.50
+170.3%
-4.8%$167.85M$44.92M-12.7224News Coverage

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This page (NASDAQ:BITF) was last updated on 5/9/2024 by MarketBeat.com Staff

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