Bitfarms (BITF) Competitors C$3.03 -0.08 (-2.57%) (As of 11/20/2024 05:33 PM ET) Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades BITF vs. HUT, BLX, SII, HIVE, WED, VBNK, WFC, PTS, ML, and GRNShould you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include Hut 8 (HUT), Boralex (BLX), Sprott (SII), HIVE Digital Technologies (HIVE), Westaim (WED), VersaBank (VBNK), Wall Financial (WFC), Points.com (PTS), Millennial Lithium (ML), and Greenlane Renewables Inc. (GRN.V) (GRN). These companies are all part of the "banking" industry. Bitfarms vs. Hut 8 Boralex Sprott HIVE Digital Technologies Westaim VersaBank Wall Financial Points.com Millennial Lithium Greenlane Renewables Inc. (GRN.V) Bitfarms (TSE:BITF) and Hut 8 (TSE:HUT) are both financial services companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, institutional ownership, risk, analyst recommendations, profitability, earnings, valuation, community ranking and media sentiment. Does the media refer more to BITF or HUT? In the previous week, Hut 8 had 5 more articles in the media than Bitfarms. MarketBeat recorded 10 mentions for Hut 8 and 5 mentions for Bitfarms. Hut 8's average media sentiment score of 0.86 beat Bitfarms' score of 0.26 indicating that Hut 8 is being referred to more favorably in the news media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Bitfarms 1 Very Positive mention(s) 2 Positive mention(s) 0 Neutral mention(s) 1 Negative mention(s) 0 Very Negative mention(s) Neutral Hut 8 2 Very Positive mention(s) 1 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Is BITF or HUT more profitable? Hut 8 has a net margin of 102.21% compared to Bitfarms' net margin of -61.52%. Bitfarms' return on equity of -28.46% beat Hut 8's return on equity.Company Net Margins Return on Equity Return on Assets Bitfarms-61.52% -28.46% -10.66% Hut 8 102.21%-122.68%-4.25% Does the MarketBeat Community favor BITF or HUT? Hut 8 received 8 more outperform votes than Bitfarms when rated by MarketBeat users. However, 80.00% of users gave Bitfarms an outperform vote while only 75.00% of users gave Hut 8 an outperform vote. CompanyUnderperformOutperformBitfarmsOutperform Votes480.00% Underperform Votes120.00% Hut 8Outperform Votes1275.00% Underperform Votes425.00% Which has higher valuation & earnings, BITF or HUT? Hut 8 has lower revenue, but higher earnings than Bitfarms. Hut 8 is trading at a lower price-to-earnings ratio than Bitfarms, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioBitfarmsC$172.70M7.95-C$106.25M-C$0.50-6.06Hut 8C$171.99M18.54C$185.15M-C$1.07-31.91 Do analysts prefer BITF or HUT? Bitfarms presently has a consensus price target of C$6.50, suggesting a potential upside of 114.52%. Given Bitfarms' higher possible upside, research analysts plainly believe Bitfarms is more favorable than Hut 8.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Bitfarms 0 Sell rating(s) 0 Hold rating(s) 1 Buy rating(s) 0 Strong Buy rating(s) 3.00Hut 8 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 2 Strong Buy rating(s) 4.00 Do institutionals and insiders believe in BITF or HUT? 20.2% of Bitfarms shares are held by institutional investors. Comparatively, 57.2% of Hut 8 shares are held by institutional investors. 23.4% of Bitfarms shares are held by insiders. Comparatively, 60.2% of Hut 8 shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth. Which has more risk and volatility, BITF or HUT? Bitfarms has a beta of 3.2, meaning that its stock price is 220% more volatile than the S&P 500. Comparatively, Hut 8 has a beta of 3.45, meaning that its stock price is 245% more volatile than the S&P 500. SummaryHut 8 beats Bitfarms on 12 of the 19 factors compared between the two stocks. Ad Crypto Swap Profits[625,000% Gain] – Are You Ready for the Next Altcoin Boom?All of our key indicators are flashing the same signal: an altcoin season is fast approaching. And if you know anything about crypto, you know that altcoin seasons are where some of the biggest gains happen.Register for the FREE Workshop Now & get $10 in Bitcoin Get Bitfarms News Delivered to You Automatically Sign up to receive the latest news and ratings for BITF and its competitors with MarketBeat's FREE daily newsletter. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?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 ChartMedia Sentiment Over TimeWhat is Media Sentiment?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.Skip Chart BITF vs. The Competition Export to ExcelMetricBitfarmsCapital Markets IndustryFinancial SectorTSE ExchangeMarket CapC$1.37BC$666.99MC$3.36BC$6.25BDividend YieldN/A4.91%4.58%5.27%P/E Ratio-6.06591.52433.7826.84Price / Sales7.9512,720.543,306.711,531.29Price / Cash4.0010.6249.0583.81Price / Book2.733.131.493.16Net Income-C$106.25MC$53.56MC$406.86MC$299.38M7 Day Performance2.02%-0.55%-0.11%0.76%1 Month Performance2.36%9.86%7.05%12.93%1 Year Performance92.99%66.72%15.34%44.13% Bitfarms Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)BITFBitfarms2.4697 of 5 starsC$3.03-2.6%C$6.50+114.5%+88.2%C$1.37BC$172.70M-6.06110HUTHut 8N/AC$34.14-3.5%N/A+1,155.1%C$3.19BC$171.99M-31.91219Analyst RevisionGap UpBLXBoralex3.5436 of 5 starsC$30.02+0.1%C$43.38+44.5%-2.5%C$3.09BC$959M32.28180Analyst RevisionSIISprott1.474 of 5 starsC$61.50+0.8%C$67.00+8.9%+47.6%C$1.56BC$182.34M28.08170Dividend IncreaseEx-DividendPositive NewsHIVEHIVE Digital Technologies0.4459 of 5 starsC$5.78-3.7%C$9.00+55.7%+42.7%C$686.20MC$123.14M-12.2720Gap UpWEDWestaim0.2181 of 5 starsC$4.91-0.4%C$4.75-3.3%+29.2%C$629.32MC$104.22M7.583,240Analyst RevisionNews CoverageVBNKVersaBank0.6605 of 5 starsC$23.90-0.5%C$12.00-49.8%+127.6%C$620.44MC$113.82M13.58100High Trading VolumeWFCWall FinancialN/AC$18.50-0.5%N/A-4.2%C$594.78MC$186.46M24.03238,000News CoveragePTSPoints.comN/AN/AN/AN/AC$480.57MC$432.40M169.26240,000MLMillennial LithiumN/AC$4.04+2.0%N/A+0.0%C$395.36MN/A-20.20560Gap DownGRNGreenlane Renewables Inc. (GRN.V)N/AC$2.78+16.3%C$0.05-98.2%+0.0%C$368.17MC$16.93M-102.9649Gap Up Related Companies and Tools Related Companies Hut 8 Competitors Boralex Competitors Sprott Competitors HIVE Digital Technologies Competitors Westaim Competitors VersaBank Competitors Wall Financial Competitors Points.com Competitors Millennial Lithium Competitors Greenlane Renewables Inc. (GRN.V) Competitors Top 10 Stock Comparisons Bank Stocks Artificial Intelligence Stocks Toy Stocks Growth Stocks Airline Stocks Chinese Stocks EV Charging Stocks Defense Stocks Lithium Stocks Pharmaceutical Stocks This page (TSE:BITF) was last updated on 11/21/2024 by MarketBeat.com Staff From Our PartnersMissed Nvidia? Watch this ASAPThis little-known project that Bill Gates has been quietly working on that’s about to unleash an AI breakthrou...Brownstone Research | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredUnveiled: NVIDIA’s "Secret Royalty" ProgramDid you know that there's an investment that will give you the opportunity to collect "royalties" every time N...Behind the Markets | Sponsored$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | Sponsored24/7 Automated Profits in CryptoThe 4th quarter of 2024 is shaping up to be one of the most explosive periods for crypto in recent memory. But...Crypto Swap Profits | SponsoredTrump Wins… But Elon Says Get Ready to BraceTrump's back in the White House, ready to hit the gas on America's comeback. He's taking on the economy wi...Genesis Gold Group | SponsoredBut another coin could soar even higher …Donald Trump wants to be America’s first crypto president. He was the keynote speaker at the recent Bitcoin co...Weiss Ratings | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Bitfarms Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Share Bitfarms With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Free BITF Stock Alerts