Bit Digital (BTBT) Competitors

$2.15
-0.04 (-1.83%)
(As of 05/10/2024 ET)

BTBT vs. MOGO, OPFI, SOS, GDOT, CMPO, PGY, BTDR, HKD, BITF, and AISP

Should you be buying Bit Digital stock or one of its competitors? The main competitors of Bit Digital include Mogo (MOGO), OppFi (OPFI), SOS (SOS), Green Dot (GDOT), CompoSecure (CMPO), Pagaya Technologies (PGY), Bitdeer Technologies Group (BTDR), AMTD Digital (HKD), Bitfarms (BITF), and Airship AI (AISP). These companies are all part of the "business services" sector.

Bit Digital vs.

Mogo (NASDAQ:MOGO) and Bit Digital (NASDAQ:BTBT) are both small-cap business services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, community ranking, risk, profitability, institutional ownership, media sentiment, dividends, earnings and analyst recommendations.

Mogo has higher revenue and earnings than Bit Digital. Bit Digital is trading at a lower price-to-earnings ratio than Mogo, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Mogo$48.31M0.91-$13.25M-$0.55-3.27
Bit Digital$44.92M3.93-$13.89M-$0.16-13.38

In the previous week, Mogo had 2 more articles in the media than Bit Digital. MarketBeat recorded 8 mentions for Mogo and 6 mentions for Bit Digital. Bit Digital's average media sentiment score of 0.56 beat Mogo's score of 0.06 indicating that Mogo is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Mogo
3 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bit Digital
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Mogo received 87 more outperform votes than Bit Digital when rated by MarketBeat users. Likewise, 63.70% of users gave Mogo an outperform vote while only 50.00% of users gave Bit Digital an outperform vote.

CompanyUnderperformOutperform
MogoOutperform Votes
93
63.70%
Underperform Votes
53
36.30%
Bit DigitalOutperform Votes
6
50.00%
Underperform Votes
6
50.00%

Mogo currently has a consensus target price of $8.00, indicating a potential upside of 344.44%. Bit Digital has a consensus target price of $5.50, indicating a potential upside of 155.81%. Given Bit Digital's higher probable upside, equities analysts clearly believe Mogo is more favorable than Bit Digital.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mogo
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Bit Digital
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

14.8% of Mogo shares are held by institutional investors. Comparatively, 47.7% of Bit Digital shares are held by institutional investors. 12.3% of Mogo shares are held by company insiders. Comparatively, 41.3% of Bit Digital shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Mogo has a net margin of -27.68% compared to Mogo's net margin of -30.93%. Mogo's return on equity of -6.20% beat Bit Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Mogo-27.68% -14.98% -6.91%
Bit Digital -30.93%-6.20%-5.04%

Mogo has a beta of 2.76, meaning that its stock price is 176% more volatile than the S&P 500. Comparatively, Bit Digital has a beta of 4.85, meaning that its stock price is 385% more volatile than the S&P 500.

Summary

Mogo beats Bit Digital on 9 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BTBT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

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.
Skip Chart

BTBT vs. The Competition

MetricBit DigitalNondepository credit institutions IndustryBusiness SectorNASDAQ Exchange
Market Cap$176.51M$6.31B$6.42B$7.77B
Dividend YieldN/A5.14%3.00%3.96%
P/E Ratio-13.3810.8437.3318.93
Price / Sales3.937.01989.5788.59
Price / CashN/A23.8223.6128.61
Price / Book1.231.904.634.58
Net Income-$13.89M$434.66M$117.71M$217.41M
7 Day Performance-2.73%0.33%0.51%0.09%
1 Month Performance-3.17%-1.79%-1.50%-1.15%
1 Year Performance-6.14%30.71%7.16%8.55%

Bit Digital Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MOGO
Mogo
2.9305 of 5 stars
$1.83
-1.1%
$8.00
+337.2%
-25.4%$44.85M$48.31M-3.33255Earnings Report
Analyst Forecast
Short Interest ↓
News Coverage
Gap Up
OPFI
OppFi
3.1874 of 5 stars
$2.66
-2.6%
$4.25
+59.8%
+54.2%$294.38M$508.95M-132.93445Short Interest ↓
Analyst Revision
News Coverage
SOS
SOS
0 of 5 stars
$1.18
-0.8%
N/A-99.4%$375.68M$260.03M0.00223Upcoming Earnings
GDOT
Green Dot
3.1692 of 5 stars
$8.76
-2.3%
$10.75
+22.8%
-42.3%$462.53M$1.50B67.351,200Short Interest ↓
News Coverage
CMPO
CompoSecure
3.0445 of 5 stars
$6.95
-1.1%
$11.83
+70.3%
-5.4%$559.68M$390.63M7.64922Dividend Announcement
Analyst Forecast
Short Interest ↑
News Coverage
PGY
Pagaya Technologies
2.5159 of 5 stars
$9.73
-3.3%
$38.08
+291.4%
+29.2%$574.56M$812.05M-4.50712Earnings Report
Analyst Forecast
Short Interest ↑
News Coverage
BTDR
Bitdeer Technologies Group
2.9712 of 5 stars
$5.49
-9.0%
$13.64
+148.5%
-2.4%$614.72M$368.55M-13.07211
HKD
AMTD Digital
0 of 5 stars
$3.30
-2.4%
N/A-48.6%$630.83M$33.07M0.00199Short Interest ↓
Gap Down
BITF
Bitfarms
2.3029 of 5 stars
$1.79
-5.3%
$4.20
+134.6%
+76.2%$637.76M$146.37M-4.84170Upcoming Earnings
Short Interest ↓
News Coverage
AISP
Airship AI
0 of 5 stars
$7.36
+3.2%
N/AN/A$168.18M$12.30M0.0047Short Interest ↓

Related Companies and Tools

This page (NASDAQ:BTBT) was last updated on 5/10/2024 by MarketBeat.com Staff

From Our Partners