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 better business? We will compare the two companies based on the strength of their media sentiment, institutional ownership, valuation, risk, analyst recommendations, community ranking, profitability, dividends and earnings.
Hut 8 has a net margin of 10.24% compared to Galaxy Digital's net margin of 0.00%. Galaxy Digital's return on equity of 84.19% beat Hut 8's return on equity.
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.
In the previous week, Hut 8 had 3 more articles in the media than Galaxy Digital. MarketBeat recorded 3 mentions for Hut 8 and 0 mentions for Galaxy Digital. Hut 8's average media sentiment score of 0.48 beat Galaxy Digital's score of 0.00 indicating that Hut 8 is being referred to more favorably in the news media.
Galaxy Digital presently has a consensus price target of C$17.00, suggesting a potential upside of 33.02%. Given Galaxy Digital's stronger consensus rating and higher possible upside, research analysts clearly believe Galaxy Digital is more favorable than Hut 8.
Galaxy Digital has higher earnings, but lower revenue than Hut 8. 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.
Galaxy Digital has a beta of 3.21, suggesting that its stock price is 221% 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.
13.2% of Galaxy Digital shares are owned by institutional investors. Comparatively, 11.2% of Hut 8 shares are owned by institutional investors. 2.0% of Galaxy Digital shares are owned by insiders. Comparatively, 57.2% of Hut 8 shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Summary
Galaxy Digital beats Hut 8 on 10 of the 17 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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