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Hut 8 (HUT) Competitors

Hut 8 logo
$27.83 -1.79 (-6.04%)
(As of 02:35 PM ET)

HUT vs. ALLY, UWMC, BSAC, WF, CIB, UPST, BMA, CADE, OMF, and COOP

Should you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include Ally Financial (ALLY), UWM (UWMC), Banco Santander-Chile (BSAC), Woori Financial Group (WF), Bancolombia (CIB), Upstart (UPST), Banco Macro (BMA), Cadence Bank (CADE), OneMain (OMF), and Mr. Cooper Group (COOP). These companies are all part of the "banking" industry.

Hut 8 vs.

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

31.8% of Hut 8 shares are owned by institutional investors. Comparatively, 88.8% of Ally Financial shares are owned by institutional investors. 12.0% of Hut 8 shares are owned by company insiders. Comparatively, 0.7% of Ally Financial 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.

Hut 8 has a beta of 4.25, suggesting that its share price is 325% more volatile than the S&P 500. Comparatively, Ally Financial has a beta of 1.42, suggesting that its share price is 42% more volatile than the S&P 500.

In the previous week, Hut 8 had 8 more articles in the media than Ally Financial. MarketBeat recorded 17 mentions for Hut 8 and 9 mentions for Ally Financial. Ally Financial's average media sentiment score of 0.95 beat Hut 8's score of 0.44 indicating that Ally Financial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hut 8
3 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Ally Financial
6 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Ally Financial received 718 more outperform votes than Hut 8 when rated by MarketBeat users. However, 72.31% of users gave Hut 8 an outperform vote while only 64.23% of users gave Ally Financial an outperform vote.

CompanyUnderperformOutperform
Hut 8Outperform Votes
47
72.31%
Underperform Votes
18
27.69%
Ally FinancialOutperform Votes
765
64.23%
Underperform Votes
426
35.77%

Hut 8 currently has a consensus target price of $31.88, suggesting a potential upside of 7.07%. Ally Financial has a consensus target price of $42.07, suggesting a potential upside of 14.54%. Given Ally Financial's higher probable upside, analysts clearly believe Ally Financial is more favorable than Hut 8.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hut 8
0 Sell rating(s)
0 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
3.00
Ally Financial
1 Sell rating(s)
8 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.41

Ally Financial has a net margin of 10.84% compared to Hut 8's net margin of 0.00%. Ally Financial's return on equity of 8.39% beat Hut 8's return on equity.

Company Net Margins Return on Equity Return on Assets
Hut 8N/A N/A N/A
Ally Financial 10.84%8.39%0.51%

Ally Financial has higher revenue and earnings than Hut 8.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hut 8$73.90M37.70-$186.77MN/AN/A
Ally Financial$8.95B1.25$1.02B$2.5014.69

Summary

Ally Financial beats Hut 8 on 9 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.
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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$2.67B$8.39B$10.49B$9.27B
Dividend YieldN/A5.00%10.36%4.06%
P/E RatioN/A20.0248.5817.50
Price / Sales36.1813.103,157.61135.17
Price / Cash985.1757.6330.5937.95
Price / Book5.212.662.764.94
Net Income-$186.77M$473.87M$1.02B$225.30M
7 Day Performance7.04%-1.34%-1.39%-0.93%
1 Month Performance14.10%4.43%-0.08%7.57%
1 Year Performance134.95%56.31%16.27%23.17%

Hut 8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HUT
Hut 8
3.0028 of 5 stars
$27.83
-6.0%
$31.88
+14.5%
+182.1%$2.60B$73.90M0.00219Analyst Forecast
News Coverage
ALLY
Ally Financial
4.9868 of 5 stars
$37.73
+0.1%
$41.73
+10.6%
+4.9%$11.50B$8.21B15.0711,100Short Interest ↓
UWMC
UWM
2.3159 of 5 stars
$6.07
+0.8%
$7.41
+22.0%
-16.4%$9.70B$835.67M-26.176,700
BSAC
Banco Santander-Chile
3.7927 of 5 stars
$19.38
-0.4%
$21.33
+10.1%
-5.0%$9.13B$6.07B11.059,229Analyst Downgrade
News Coverage
WF
Woori Financial Group
4.3135 of 5 stars
$32.83
-0.5%
N/A+6.7%$8.13B$17.78B4.29150News Coverage
CIB
Bancolombia
2.5433 of 5 stars
$33.05
-0.4%
$33.67
+1.9%
+12.6%$7.95B$27.76T5.2634,756
UPST
Upstart
3.7434 of 5 stars
$85.06
+0.7%
$61.80
-27.3%
+86.4%$7.76B$513.56M-43.761,388Positive News
BMA
Banco Macro
3.4549 of 5 stars
$105.52
+13.5%
$50.83
-51.8%
+296.5%$6.75B$3.42T9.138,005Analyst Upgrade
Short Interest ↓
News Coverage
Gap Up
CADE
Cadence Bank
4.0392 of 5 stars
$36.61
+0.6%
$36.63
+0.0%
+17.4%$6.67B$2.19B10.465,333Short Interest ↓
OMF
OneMain
4.9152 of 5 stars
$55.85
+0.3%
$56.08
+0.4%
+11.0%$6.67B$4.56B12.189,100Positive News
COOP
Mr. Cooper Group
4.1316 of 5 stars
$98.14
+1.3%
$100.57
+2.5%
+50.3%$6.28B$1.79B12.516,800Short Interest ↑

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This page (NASDAQ:HUT) was last updated on 12/18/2024 by MarketBeat.com Staff
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