GLXY vs. HUT, BITF, CF, HIVE, CXI, XAU, DMGI, PNP, NDA, and SWH
Should you be buying Galaxy Digital stock or one of its competitors? The main competitors of Galaxy Digital include Hut 8 (HUT), Bitfarms (BITF), Canaccord Genuity Group (CF), HIVE Digital Technologies (HIVE), Currency Exchange International (CXI), Goldmoney (XAU), DMG Blockchain Solutions (DMGI), Pinetree Capital (PNP), Neptune Digital Assets (NDA), and Sunwah International (SWH). These companies are all part of the "capital markets" industry.
Hut 8 (TSE:HUT) and Galaxy Digital (TSE:GLXY) are both small-cap financial services companies, but which is the better stock? We will contrast the two companies based on the strength of their profitability, valuation, risk, media sentiment, analyst recommendations, institutional ownership, community ranking, earnings and dividends.
Hut 8 has a net margin of 156.36% compared to Hut 8's net margin of 0.00%. Hut 8's return on equity of 73.12% beat Galaxy Digital's return on equity.
Hut 8 has a beta of 3.45, indicating that its stock price is 245% more volatile than the S&P 500. Comparatively, Galaxy Digital has a beta of 3.21, indicating that its stock price is 221% more volatile than the S&P 500.
22.1% of Hut 8 shares are owned by institutional investors. Comparatively, 13.3% of Galaxy Digital shares are owned by institutional investors. 61.2% of Hut 8 shares are owned by insiders. Comparatively, 2.0% of Galaxy Digital shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
In the previous week, Galaxy Digital had 1 more articles in the media than Hut 8. MarketBeat recorded 2 mentions for Galaxy Digital and 1 mentions for Hut 8. Galaxy Digital's average media sentiment score of 0.67 beat Hut 8's score of 0.62 indicating that Hut 8 is being referred to more favorably in the media.
Galaxy Digital has a consensus target price of C$20.00, suggesting a potential upside of 39.37%. Given Hut 8's stronger consensus rating and higher probable upside, analysts plainly believe Galaxy Digital is more favorable than Hut 8.
Galaxy Digital has lower revenue, but higher earnings 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.
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 73.33% of users gave Hut 8 an outperform vote.
Summary
Galaxy Digital 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 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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