CLSK vs. CVA, SOFI, COOP, QFIN, WD, RIOT, LU, UPST, PWP, and CIFR
Should you be buying CleanSpark stock or one of its competitors? The main competitors of CleanSpark include Covanta (CVA), SoFi Technologies (SOFI), Mr. Cooper Group (COOP), Qifu Technology (QFIN), Walker & Dunlop (WD), Riot Platforms (RIOT), Lufax (LU), Upstart (UPST), Perella Weinberg Partners (PWP), and Cipher Mining (CIFR).
CleanSpark (NASDAQ:CLSK) and Covanta (NYSE:CVA) are both mid-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, profitability, risk, institutional ownership, valuation, dividends, media sentiment, community ranking and earnings.
CleanSpark has a beta of 4.3, indicating that its share price is 330% more volatile than the S&P 500. Comparatively, Covanta has a beta of 1.33, indicating that its share price is 33% more volatile than the S&P 500.
CleanSpark has a net margin of 22.41% compared to Covanta's net margin of 1.23%. Covanta's return on equity of 9.29% beat CleanSpark's return on equity.
CleanSpark currently has a consensus target price of $19.22, suggesting a potential upside of 20.10%. Given CleanSpark's higher probable upside, research analysts plainly believe CleanSpark is more favorable than Covanta.
Covanta has higher revenue and earnings than CleanSpark.
43.1% of CleanSpark shares are owned by institutional investors. Comparatively, 89.8% of Covanta shares are owned by institutional investors. 3.5% of CleanSpark shares are owned by company insiders. Comparatively, 10.9% of Covanta shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
In the previous week, CleanSpark had 8 more articles in the media than Covanta. MarketBeat recorded 8 mentions for CleanSpark and 0 mentions for Covanta. CleanSpark's average media sentiment score of 0.85 beat Covanta's score of 0.19 indicating that CleanSpark is being referred to more favorably in the media.
Covanta received 310 more outperform votes than CleanSpark when rated by MarketBeat users. However, 73.78% of users gave CleanSpark an outperform vote while only 56.86% of users gave Covanta an outperform vote.
Summary
CleanSpark beats Covanta on 8 of the 15 factors compared between the two stocks.
This chart shows the number of new MarketBeat users adding CLSK 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.
CleanSpark Competitors List
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