HUT vs. LDI, WULF, CCAP, VEL, QD, CORZ, RWAY, MDBH, SII, and GHI
Should you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include loanDepot (LDI), TeraWulf (WULF), Crescent Capital BDC (CCAP), Velocity Financial (VEL), Qudian (QD), Core Scientific (CORZ), Runway Growth Finance (RWAY), MDB Capital (MDBH), Sprott (SII), and Greystone Housing Impact Investors (GHI). These companies are all part of the "nondepository credit institutions" industry.
Hut 8 (NASDAQ:HUT) and loanDepot (NYSE:LDI) are both small-cap finance companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, analyst recommendations, valuation, institutional ownership, media sentiment, dividends, earnings, risk and community ranking.
loanDepot received 10 more outperform votes than Hut 8 when rated by MarketBeat users. However, 54.29% of users gave Hut 8 an outperform vote while only 38.16% of users gave loanDepot an outperform vote.
Hut 8 currently has a consensus price target of $12.33, indicating a potential upside of 54.36%. loanDepot has a consensus price target of $2.25, indicating a potential upside of 6.13%. Given Hut 8's stronger consensus rating and higher possible upside, analysts clearly believe Hut 8 is more favorable than loanDepot.
Hut 8 has a beta of 3.98, indicating that its stock price is 298% more volatile than the S&P 500. Comparatively, loanDepot has a beta of 3.54, indicating that its stock price is 254% more volatile than the S&P 500.
loanDepot has higher revenue and earnings than Hut 8. loanDepot is trading at a lower price-to-earnings ratio than Hut 8, indicating that it is currently the more affordable of the two stocks.
loanDepot has a net margin of -10.26% compared to Hut 8's net margin of -184.31%. loanDepot's return on equity of -18.75% beat Hut 8's return on equity.
In the previous week, loanDepot had 1 more articles in the media than Hut 8. MarketBeat recorded 15 mentions for loanDepot and 14 mentions for Hut 8. Hut 8's average media sentiment score of 0.46 beat loanDepot's score of -0.21 indicating that Hut 8 is being referred to more favorably in the media.
31.8% of Hut 8 shares are held by institutional investors. Comparatively, 39.4% of loanDepot shares are held by institutional investors. 83.0% of loanDepot shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Summary
loanDepot beats Hut 8 on 10 of the 18 factors compared between the two stocks.
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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.
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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