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Hut 8 (HUT) Competitors

Hut 8 logo
$26.92 +0.33 (+1.24%)
As of 04:00 PM Eastern

HUT vs. WF, CIB, BMA, OMF, CADE, COOP, QFIN, UPST, PFSI, and OZK

Should you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include Woori Financial Group (WF), Bancolombia (CIB), Banco Macro (BMA), OneMain (OMF), Cadence Bank (CADE), Mr. Cooper Group (COOP), Qifu Technology (QFIN), Upstart (UPST), PennyMac Financial Services (PFSI), and Bank OZK (OZK). These companies are all part of the "banking" industry.

Hut 8 vs.

Hut 8 (NASDAQ:HUT) and Woori Financial Group (NYSE:WF) are both mid-cap finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, risk, earnings, analyst recommendations, valuation, dividends, community ranking, media sentiment and institutional ownership.

31.8% of Hut 8 shares are owned by institutional investors. Comparatively, 3.4% of Woori Financial Group shares are owned by institutional investors. 12.0% of Hut 8 shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Hut 8 presently has a consensus price target of $33.00, indicating a potential upside of 16.37%. Given Hut 8's stronger consensus rating and higher possible upside, analysts clearly believe Hut 8 is more favorable than Woori Financial Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hut 8
0 Sell rating(s)
0 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
3.00
Woori Financial Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Woori Financial Group has a net margin of 11.30% compared to Hut 8's net margin of 0.00%. Woori Financial Group's return on equity of 7.89% beat Hut 8's return on equity.

Company Net Margins Return on Equity Return on Assets
Hut 8N/A N/A N/A
Woori Financial Group 11.30%7.89%0.53%

Hut 8 has a beta of 4.32, indicating that its share price is 332% more volatile than the S&P 500. Comparatively, Woori Financial Group has a beta of 1.08, indicating that its share price is 8% more volatile than the S&P 500.

Woori Financial Group received 220 more outperform votes than Hut 8 when rated by MarketBeat users. However, 73.91% of users gave Hut 8 an outperform vote while only 66.42% of users gave Woori Financial Group an outperform vote.

CompanyUnderperformOutperform
Hut 8Outperform Votes
51
73.91%
Underperform Votes
18
26.09%
Woori Financial GroupOutperform Votes
271
66.42%
Underperform Votes
137
33.58%

In the previous week, Hut 8 had 12 more articles in the media than Woori Financial Group. MarketBeat recorded 12 mentions for Hut 8 and 0 mentions for Woori Financial Group. Hut 8's average media sentiment score of 0.44 beat Woori Financial Group's score of 0.00 indicating that Hut 8 is being referred to more favorably in the media.

Company Overall Sentiment
Hut 8 Neutral
Woori Financial Group Neutral

Woori Financial Group has higher revenue and earnings than Hut 8.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hut 8$115.90M22.90-$186.77MN/AN/A
Woori Financial Group$17.78B0.45$1.94B$7.694.19

Summary

Hut 8 beats Woori Financial Group on 10 of the 16 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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HUT vs. The Competition

MetricHut 8Nondepository credit institutions IndustryFinance SectorNASDAQ Exchange
Market Cap$2.66B$8.42B$11.71B$9.14B
Dividend YieldN/A5.13%6.03%4.04%
P/E RatioN/A19.7125.1217.30
Price / Sales22.9020.6928.63135.27
Price / Cash863.7248.1717.2635.97
Price / Book5.172.722.664.80
Net Income-$186.77M$462.58M$1.04B$224.84M
7 Day Performance21.18%9.17%2.79%1.73%
1 Month Performance-4.26%-0.25%-1.60%2.21%
1 Year Performance205.57%50.97%15.59%21.14%

Hut 8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HUT
Hut 8
2.0922 of 5 stars
$26.92
+1.2%
$33.00
+22.6%
+176.4%$2.52B$115.90M0.00219Short Interest ↑
Gap Up
WF
Woori Financial Group
3.059 of 5 stars
$31.76
+1.1%
N/A+13.8%$7.86B$12.63T4.13150News Coverage
CIB
Bancolombia
2.2751 of 5 stars
$32.31
-0.1%
$33.67
+4.2%
+3.3%$7.77B$27.76T5.1234,756Short Interest ↓
BMA
Banco Macro
3.2826 of 5 stars
$105.87
-7.0%
$50.83
-52.0%
+334.1%$6.77B$3.42T9.288,000News Coverage
OMF
OneMain
4.8264 of 5 stars
$51.81
+1.2%
$56.08
+8.2%
+15.8%$6.18B$4.46B11.349,200Analyst Forecast
News Coverage
CADE
Cadence Bank
3.7912 of 5 stars
$33.43
-0.2%
$37.32
+11.6%
+27.4%$6.09B$921.95M9.616,570Upcoming Earnings
Short Interest ↓
News Coverage
COOP
Mr. Cooper Group
4.3983 of 5 stars
$91.66
+0.3%
$100.57
+9.7%
+62.5%$5.86B$2.71B11.846,600Analyst Forecast
News Coverage
QFIN
Qifu Technology
3.8241 of 5 stars
$36.19
+0.3%
$37.50
+3.6%
+156.7%$5.84B$14.03B7.333,121News Coverage
Positive News
UPST
Upstart
3.5209 of 5 stars
$57.41
-0.6%
$61.80
+7.6%
+111.8%$5.24B$552.43M-29.751,388Insider Trade
Gap Up
PFSI
PennyMac Financial Services
4.8664 of 5 stars
$96.46
+0.2%
$122.50
+27.0%
+27.5%$4.94B$2.25B30.623,900
OZK
Bank OZK
3.5956 of 5 stars
$41.91
+0.5%
$48.25
+15.1%
-1.1%$4.75B$1.65B6.892,650Earnings Report
Ex-Dividend
Analyst Forecast
News Coverage
Gap Up

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This page (NASDAQ:HUT) was last updated on 1/17/2025 by MarketBeat.com Staff
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