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 business? We will compare the two businesses based on the strength of their earnings, community ranking, valuation, media sentiment, dividends, profitability, analyst recommendations, institutional ownership and risk.
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.
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.
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.
22.1% of Hut 8 shares are held by institutional investors. Comparatively, 13.3% of Galaxy Digital shares are held by institutional investors. 61.2% of Hut 8 shares are held by insiders. Comparatively, 2.0% of Galaxy Digital shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Galaxy Digital has a consensus price target of C$20.00, suggesting a potential upside of 34.77%. Given Hut 8's stronger consensus rating and higher possible upside, analysts plainly believe Galaxy Digital is more favorable than Hut 8.
In the previous week, Galaxy Digital had 1 more articles in the media than Hut 8. MarketBeat recorded 1 mentions for Galaxy Digital and 0 mentions for Hut 8. Galaxy Digital's average media sentiment score of 0.68 beat Hut 8's score of 0.40 indicating that Hut 8 is being referred to more favorably in the media.
Hut 8 has a beta of 3.45, suggesting that its share price is 245% more volatile than the S&P 500. Comparatively, Galaxy Digital has a beta of 3.21, suggesting that its share price is 221% more volatile than the S&P 500.
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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