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Hut 8 (HUT) Competitors

Hut 8 logo
$12.10 -0.06 (-0.49%)
As of 04:00 PM Eastern

HUT vs. BMA, HWC, SFBS, UPST, IFS, AX, ASB, EBC, BBAR, and UCB

Should you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include Banco Macro (BMA), Hancock Whitney (HWC), ServisFirst Bancshares (SFBS), Upstart (UPST), Intercorp Financial Services (IFS), Axos Financial (AX), Associated Banc (ASB), Eastern Bankshares (EBC), Banco BBVA Argentina (BBAR), and United Community Banks (UCB). These companies are all part of the "banking" industry.

Hut 8 vs.

Banco Macro (NYSE:BMA) and Hut 8 (NASDAQ:HUT) are both finance companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, media sentiment, institutional ownership, community ranking, profitability, earnings and risk.

Banco Macro has a net margin of 15.12% compared to Hut 8's net margin of 0.00%. Banco Macro's return on equity of 26.55% beat Hut 8's return on equity.

Company Net Margins Return on Equity Return on Assets
Banco Macro15.12% 26.55% 7.77%
Hut 8 N/A N/A N/A

Banco Macro has a beta of 1.53, indicating that its share price is 53% more volatile than the S&P 500. Comparatively, Hut 8 has a beta of 4.36, indicating that its share price is 336% more volatile than the S&P 500.

31.8% of Hut 8 shares are owned by institutional investors. 18.3% of Banco Macro shares are owned by insiders. Comparatively, 12.0% of Hut 8 shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

In the previous week, Hut 8 had 5 more articles in the media than Banco Macro. MarketBeat recorded 9 mentions for Hut 8 and 4 mentions for Banco Macro. Hut 8's average media sentiment score of 0.93 beat Banco Macro's score of 0.71 indicating that Hut 8 is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Banco Macro
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Hut 8
4 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Banco Macro presently has a consensus target price of $50.83, suggesting a potential downside of 44.10%. Hut 8 has a consensus target price of $28.36, suggesting a potential upside of 134.41%. Given Hut 8's stronger consensus rating and higher probable upside, analysts plainly believe Hut 8 is more favorable than Banco Macro.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Banco Macro
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
Hut 8
0 Sell rating(s)
0 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
3.00

Banco Macro has higher revenue and earnings than Hut 8.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Banco Macro$3.23T0.00$2.23B$11.417.97
Hut 8$671.72M1.69-$186.77MN/AN/A

Banco Macro received 280 more outperform votes than Hut 8 when rated by MarketBeat users. However, 75.32% of users gave Hut 8 an outperform vote while only 62.83% of users gave Banco Macro an outperform vote.

CompanyUnderperformOutperform
Banco MacroOutperform Votes
338
62.83%
Underperform Votes
200
37.17%
Hut 8Outperform Votes
58
75.32%
Underperform Votes
19
24.68%

Summary

Hut 8 beats Banco Macro on 9 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$1.13B$6.84B$10.78B$7.58B
Dividend YieldN/A4.79%6.00%4.33%
P/E RatioN/A15.7821.5117.78
Price / Sales1.698.5725.1594.47
Price / Cash720.8842.1517.6134.64
Price / Book2.211.962.573.99
Net Income-$186.77M$524.31M$1.03B$247.24M
7 Day Performance5.86%4.94%4.04%5.84%
1 Month Performance-4.12%-12.78%-2.65%-5.78%
1 Year Performance56.74%-0.63%533.30%-1.99%

Hut 8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HUT
Hut 8
2.9681 of 5 stars
$12.10
-0.5%
$28.36
+134.4%
+57.5%$1.13B$671.72M0.00219Analyst Forecast
Positive News
Gap Up
BMA
Banco Macro
3.1225 of 5 stars
$64.80
-4.3%
$50.83
-21.6%
+53.5%$4.14B$3.23T5.688,000Short Interest ↓
Gap Up
HWC
Hancock Whitney
4.824 of 5 stars
$46.12
+0.2%
$62.56
+35.6%
+9.5%$3.97B$1.44B8.733,630Upcoming Earnings
Positive News
High Trading Volume
SFBS
ServisFirst Bancshares
3.5355 of 5 stars
$70.00
-1.1%
$93.50
+33.6%
+15.1%$3.82B$477.66M16.83570Upcoming Earnings
News Coverage
Positive News
UPST
Upstart
4.0465 of 5 stars
$37.78
+8.6%
$73.38
+94.2%
+63.7%$3.54B$628.83M-25.881,880Analyst Forecast
Gap Up
IFS
Intercorp Financial Services
4.0798 of 5 stars
$29.55
-5.4%
$30.00
+1.5%
+30.7%$3.38B$6.54B9.787,380
AX
Axos Financial
3.5166 of 5 stars
$56.83
-1.7%
$84.17
+48.1%
+15.2%$3.25B$1.20B7.641,340Positive News
Gap Up
ASB
Associated Banc
4.8914 of 5 stars
$19.28
-0.7%
$27.11
+40.6%
-5.5%$3.19B$1.03B24.404,000Short Interest ↑
EBC
Eastern Bankshares
4.8096 of 5 stars
$14.54
+0.3%
$20.25
+39.3%
+13.1%$3.10B$731.51M21.702,150Positive News
BBAR
Banco BBVA Argentina
4.3097 of 5 stars
$14.83
-6.2%
$27.00
+82.1%
+105.3%$3.03B$3.56T7.725,850News Coverage
Gap Up
High Trading Volume
UCB
United Community Banks
4.4261 of 5 stars
$24.04
-0.8%
$32.75
+36.2%
N/A$2.87B$930.04M11.783,070Positive News
High Trading Volume
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This page (NASDAQ:HUT) was last updated on 4/14/2025 by MarketBeat.com Staff
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