BITF vs. HUT, SII, PTS, VBNK, WED, ML, GRN, WFC, CARE, and CFW
Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include Hut 8 (HUT), Sprott (SII), Points.com (PTS), VersaBank (VBNK), Westaim (WED), Millennial Lithium (ML), Greenlane Renewables Inc. (GRN.V) (GRN), Wall Financial (WFC), Dialogue Health Technologies (CARE), and Calfrac Well Services (CFW). These companies are all part of the "banking" industry.
Bitfarms vs.
Hut 8 (TSE:HUT) and Bitfarms (TSE:BITF) are both small-cap financial services companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, community ranking, dividends, earnings, media sentiment, profitability, analyst recommendations, institutional ownership and valuation.
In the previous week, Bitfarms had 9 more articles in the media than Hut 8. MarketBeat recorded 9 mentions for Bitfarms and 0 mentions for Hut 8. Bitfarms' average media sentiment score of 0.07 beat Hut 8's score of 0.00 indicating that Bitfarms is being referred to more favorably in the news media.
Hut 8 has a beta of 3.45, meaning that its stock price is 245% more volatile than the S&P 500. Comparatively, Bitfarms has a beta of 3.2, meaning that its stock price is 220% more volatile than the S&P 500.
57.2% of Hut 8 shares are held by institutional investors. Comparatively, 20.2% of Bitfarms shares are held by institutional investors. 60.2% of Hut 8 shares are held by insiders. Comparatively, 23.4% of Bitfarms shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Bitfarms has a consensus target price of C$3.75, suggesting a potential upside of 212.50%. Given Bitfarms' higher probable upside, analysts clearly believe Bitfarms is more favorable than Hut 8.
Hut 8 has higher earnings, but lower revenue than Bitfarms. Bitfarms is trading at a lower price-to-earnings ratio than Hut 8, indicating that it is currently the more affordable of the two stocks.
Hut 8 has a net margin of 135.55% compared to Bitfarms' net margin of -69.20%. Hut 8's return on equity of 40.91% beat Bitfarms' return on equity.
Hut 8 received 9 more outperform votes than Bitfarms when rated by MarketBeat users. However, 83.33% of users gave Bitfarms an outperform vote while only 73.68% of users gave Hut 8 an outperform vote.
Summary
Hut 8 beats Bitfarms on 13 of the 19 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.
Media Sentiment Over Time
This chart shows the average media sentiment of TSE 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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This page (TSE:BITF) was last updated on 3/31/2025 by MarketBeat.com Staff
