Free Trial

Hut 8 (HUT) Competitors

Hut 8 logo
$25.26 +2.12 (+9.16%)
(As of 11/15/2024 ET)

HUT vs. WF, UPST, CADE, OMF, COOP, PFSI, SFBS, VLY, QFIN, and HWC

Should you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include Woori Financial Group (WF), Upstart (UPST), Cadence Bank (CADE), OneMain (OMF), Mr. Cooper Group (COOP), PennyMac Financial Services (PFSI), ServisFirst Bancshares (SFBS), Valley National Bancorp (VLY), Qifu Technology (QFIN), and Hancock Whitney (HWC). 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 better investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, institutional ownership, community ranking, dividends, profitability, earnings, valuation and media sentiment.

Hut 8 has a beta of 3.99, suggesting that its stock price is 299% more volatile than the S&P 500. Comparatively, Woori Financial Group has a beta of 1.06, suggesting that its stock price is 6% more volatile than the S&P 500.

Hut 8 currently has a consensus target price of $30.17, indicating a potential upside of 19.42%. Given Hut 8's higher possible upside, equities research 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)
6 Buy rating(s)
0 Strong Buy rating(s)
3.00
Woori Financial Group
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

31.8% of Hut 8 shares are owned by institutional investors. Comparatively, 17.8% 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 is poised for long-term growth.

In the previous week, Hut 8 had 30 more articles in the media than Woori Financial Group. MarketBeat recorded 34 mentions for Hut 8 and 4 mentions for Woori Financial Group. Woori Financial Group's average media sentiment score of 0.84 beat Hut 8's score of 0.73 indicating that Woori Financial Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hut 8
4 Very Positive mention(s)
5 Positive mention(s)
12 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Woori Financial Group
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hut 8$73.90M31.13-$186.77MN/AN/A
Woori Financial Group$17.78B0.47$1.94B$7.804.35

Woori Financial Group has a net margin of 11.48% compared to Hut 8's net margin of 0.00%. Woori Financial Group's return on equity of 7.86% 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 11.48%7.86%0.53%

Woori Financial Group received 227 more outperform votes than Hut 8 when rated by MarketBeat users. However, 70.97% 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
44
70.97%
Underperform Votes
18
29.03%
Woori Financial GroupOutperform Votes
271
66.42%
Underperform Votes
137
33.58%

Summary

Hut 8 beats Woori Financial Group on 8 of the 15 factors compared between the two stocks.

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.
Skip Chart

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.
Skip Chart

HUT vs. The Competition

MetricHut 8Nondepository credit institutions IndustryFinance SectorNASDAQ Exchange
Market Cap$2.30B$7.89B$10.92B$8.66B
Dividend YieldN/A5.20%5.94%4.06%
P/E RatioN/A15.1030.2517.37
Price / Sales31.1314.3562.6569.07
Price / Cash914.6755.7918.6836.36
Price / Book4.612.503.835.87
Net Income-$186.77M$456.92M$997.65M$225.66M
7 Day Performance28.98%16.77%-0.06%-1.34%
1 Month Performance95.81%26.68%1.98%1.00%
1 Year Performance1,258.06%109.96%25.34%25.27%

Hut 8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HUT
Hut 8
3.0408 of 5 stars
$25.26
+9.2%
$30.17
+19.4%
+1,258.1%$2.30B$73.90M0.00219Analyst Forecast
Options Volume
Analyst Revision
News Coverage
Gap Up
WF
Woori Financial Group
4.0942 of 5 stars
$34.16
-0.2%
N/A+15.3%$8.46B$17.78B4.38150News Coverage
UPST
Upstart
3.7725 of 5 stars
$84.44
+4.2%
N/A+181.7%$7.56B$524.85M-43.751,388Insider Selling
CADE
Cadence Bank
3.3083 of 5 stars
$38.87
+2.6%
N/A+52.2%$7.08B$921.95M11.175,333Gap Up
OMF
OneMain
4.9202 of 5 stars
$55.96
+1.7%
N/A+45.1%$6.68B$4.56B12.259,100Ex-Dividend
Analyst Forecast
Insider Selling
COOP
Mr. Cooper Group
4.2557 of 5 stars
$101.91
+0.9%
N/A+68.6%$6.52B$2.71B13.176,800Insider Selling
Options Volume
PFSI
PennyMac Financial Services
4.4869 of 5 stars
$105.25
0.0%
N/A+36.0%$5.40B$1.40B33.413,900Insider Selling
SFBS
ServisFirst Bancshares
2.5845 of 5 stars
$98.56
+2.7%
N/A+87.4%$5.38B$843.66M26.35570Analyst Upgrade
Positive News
VLY
Valley National Bancorp
3.8084 of 5 stars
$10.27
+3.1%
N/A+17.9%$5.23B$1.82B16.563,749Analyst Upgrade
QFIN
Qifu Technology
4.0132 of 5 stars
$32.38
+3.8%
N/A+98.5%$5.23B$2.29B7.783,121Upcoming Earnings
News Coverage
HWC
Hancock Whitney
3.7517 of 5 stars
$60.40
+3.0%
N/A+43.1%$5.22B$1.91B13.543,591Dividend Announcement
Short Interest ↑
News Coverage
Positive News

Related Companies and Tools


This page (NASDAQ:HUT) was last updated on 11/17/2024 by MarketBeat.com Staff
From Our Partners