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Bit Digital (BTBT) Competitors

Bit Digital logo
$4.05 +0.02 (+0.50%)
(As of 11/20/2024 ET)

BTBT vs. SII, FBMS, AMAL, CNOB, BFC, BHRB, CCB, FSUN, AMTB, and PFC

Should you be buying Bit Digital stock or one of its competitors? The main competitors of Bit Digital include Sprott (SII), First Bancshares (FBMS), Amalgamated Financial (AMAL), ConnectOne Bancorp (CNOB), Bank First (BFC), Burke & Herbert Financial Services (BHRB), Coastal Financial (CCB), Firstsun Capital Bancorp (FSUN), Amerant Bancorp (AMTB), and Premier Financial (PFC). These companies are all part of the "banking" industry.

Bit Digital vs.

Bit Digital (NASDAQ:BTBT) and Sprott (NYSE:SII) are both small-cap business services companies, but which is the better investment? We will compare the two companies based on the strength of their media sentiment, risk, community ranking, earnings, institutional ownership, dividends, analyst recommendations, valuation and profitability.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bit Digital$44.92MN/A-$13.89M$0.0667.50
Sprott$169.02M6.74$41.80M$1.8224.21

Bit Digital received 4 more outperform votes than Sprott when rated by MarketBeat users. Likewise, 70.00% of users gave Bit Digital an outperform vote while only 37.04% of users gave Sprott an outperform vote.

CompanyUnderperformOutperform
Bit DigitalOutperform Votes
14
70.00%
Underperform Votes
6
30.00%
SprottOutperform Votes
10
37.04%
Underperform Votes
17
62.96%

Bit Digital has a beta of 4.79, suggesting that its share price is 379% more volatile than the S&P 500. Comparatively, Sprott has a beta of 1.09, suggesting that its share price is 9% more volatile than the S&P 500.

In the previous week, Bit Digital had 14 more articles in the media than Sprott. MarketBeat recorded 18 mentions for Bit Digital and 4 mentions for Sprott. Sprott's average media sentiment score of 1.08 beat Bit Digital's score of 0.48 indicating that Sprott is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bit Digital
6 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Sprott
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bit Digital currently has a consensus target price of $6.33, suggesting a potential upside of 56.38%. Given Bit Digital's higher probable upside, equities analysts clearly believe Bit Digital is more favorable than Sprott.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bit Digital
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
3.33
Sprott
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
4.00

Sprott has a net margin of 27.38% compared to Bit Digital's net margin of -2.75%. Sprott's return on equity of 15.02% beat Bit Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Bit Digital-2.75% -5.69% -4.82%
Sprott 27.38%15.02%11.91%

47.7% of Bit Digital shares are owned by institutional investors. Comparatively, 28.3% of Sprott shares are owned by institutional investors. 41.3% of Bit Digital shares are owned by insiders. Comparatively, 18.3% of Sprott shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

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

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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.
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BTBT vs. The Competition

MetricBit DigitalNondepository credit institutions IndustryBusiness SectorNASDAQ Exchange
Market Cap$334.04M$8.04B$6.93B$8.82B
Dividend YieldN/A5.19%2.92%4.07%
P/E Ratio16.8816.6846.3317.74
Price / Sales3.8515.55203.9474.25
Price / CashN/A42.0424.3332.53
Price / Book2.332.555.084.68
Net Income-$13.89M$462.43M$121.42M$226.08M
7 Day Performance-12.72%-0.27%-1.11%-2.03%
1 Month PerformanceN/A24.94%8.17%0.07%
1 Year Performance74.57%107.16%29.60%24.61%

Bit Digital Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTBT
Bit Digital
3.8447 of 5 stars
$4.05
+0.5%
$6.33
+56.4%
+74.6%$332.41M$44.92M67.5010Analyst Forecast
Analyst Revision
Gap Up
SII
Sprott
2.1671 of 5 stars
$44.07
+0.9%
N/A+45.8%$1.13B$169.02M24.21170Ex-Dividend
Positive News
FBMS
First Bancshares
2.0871 of 5 stars
$35.89
-0.4%
$35.50
-1.1%
+34.8%$1.12B$387.64M14.301,078Analyst Forecast
Positive News
AMAL
Amalgamated Financial
2.7251 of 5 stars
$35.55
+1.1%
$32.17
-9.5%
+68.0%$1.09B$387.41M10.46380Insider Trade
CNOB
ConnectOne Bancorp
4.7352 of 5 stars
$26.58
-1.1%
$26.33
-0.9%
+36.1%$1.03B$261.64M15.28487Analyst Upgrade
Positive News
BFC
Bank First
0.9984 of 5 stars
$102.75
+0.1%
$102.00
-0.7%
+21.6%$1.03B$240.60M12.62361
BHRB
Burke & Herbert Financial Services
3.5456 of 5 stars
$67.78
-0.1%
$74.00
+9.2%
+43.2%$1.01B$164.85M9.78850Insider Trade
Positive News
CCB
Coastal Financial
4.5165 of 5 stars
$74.79
+1.6%
$74.67
-0.2%
+85.2%$1.01B$444.25M25.18380Positive News
FSUN
Firstsun Capital Bancorp
N/A$37.09
+2.5%
$42.00
+13.2%
N/A$1.00B$492.78M0.001,128Analyst Upgrade
Positive News
AMTB
Amerant Bancorp
1.2183 of 5 stars
$23.80
+0.4%
$25.60
+7.6%
+13.5%$998.39M$636.08M17.83680
PFC
Premier Financial
4.0897 of 5 stars
$27.50
-0.5%
$22.50
-18.2%
+32.9%$990.65M$456.36M13.961,023Positive News

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This page (NASDAQ:BTBT) was last updated on 11/21/2024 by MarketBeat.com Staff
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