Bitfarms (BITF) Competitors C$2.43 -0.01 (-0.41%) (As of 12/20/2024 05:17 PM ET) Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades BITF vs. HUT, BLX, SII, HIVE, WED, WFC, VBNK, 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), Wall Financial (WFC), VersaBank (VBNK), 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 Wall Financial VersaBank Points.com Millennial Lithium Greenlane Renewables Inc. (GRN.V) Hut 8 (TSE:HUT) and Bitfarms (TSE:BITF) are both financial services companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, media sentiment, analyst recommendations, community ranking, earnings, risk, institutional ownership, profitability and dividends. Does the MarketBeat Community believe in HUT or BITF? Hut 8 received 9 more outperform votes than Bitfarms when rated by MarketBeat users. However, 80.00% of users gave Bitfarms an outperform vote while only 76.47% of users gave Hut 8 an outperform vote. CompanyUnderperformOutperformHut 8Outperform Votes1376.47% Underperform Votes423.53% BitfarmsOutperform Votes480.00% Underperform Votes120.00% Do institutionals & insiders believe in HUT or BITF? 57.2% of Hut 8 shares are owned by institutional investors. Comparatively, 20.2% of Bitfarms shares are owned by institutional investors. 60.2% of Hut 8 shares are owned by company insiders. Comparatively, 23.4% of Bitfarms 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. Is HUT or BITF 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 Hut 8102.21% -122.68% -4.25% Bitfarms -61.52%-28.46%-10.66% Which has more risk and volatility, HUT or BITF? Hut 8 has a beta of 3.45, indicating that its stock price is 245% more volatile than the S&P 500. Comparatively, Bitfarms has a beta of 3.2, indicating that its stock price is 220% more volatile than the S&P 500. Which has preferable valuation and earnings, HUT or BITF? Hut 8 has higher earnings, but lower revenue 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 RatioHut 8C$171.99M18.46C$185.15M-C$1.07-31.78BitfarmsC$172.70M6.37-C$106.25M-C$0.50-4.86 Does the media prefer HUT or BITF? In the previous week, Hut 8 and Hut 8 both had 3 articles in the media. Bitfarms' average media sentiment score of 0.00 beat Hut 8's score of -0.18 indicating that Bitfarms is being referred to more favorably in the news media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Hut 8 0 Very Positive mention(s) 0 Positive mention(s) 2 Neutral mention(s) 1 Negative mention(s) 0 Very Negative mention(s) Neutral Bitfarms 0 Very Positive mention(s) 0 Positive mention(s) 3 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Neutral Do analysts rate HUT or BITF? Bitfarms has a consensus price target of C$6.50, indicating a potential upside of 167.49%. Given Bitfarms' higher probable upside, analysts plainly believe Bitfarms 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) 0 Buy rating(s) 3 Strong Buy rating(s) 4.00Bitfarms 0 Sell rating(s) 0 Hold rating(s) 1 Buy rating(s) 0 Strong Buy rating(s) 3.00 SummaryHut 8 beats Bitfarms on 10 of the 18 factors compared between the two stocks. Ad Crypto 101 MediaTrump’s Sending THIS Crypto Higher on PurposeDiscover the coin set to explode before 2025! Trump could trigger THIS crypto coin… YES, I WANT THE #1 CRYPTO NOW 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$1.10BC$700.95MC$3.65BC$6.07BDividend YieldN/A4.31%4.41%5.42%P/E Ratio-4.86236.63420.2126.16Price / Sales6.379,685.132,210.011,332.85Price / Cash4.0011.8251.7082.30Price / Book2.192.971.463.07Net Income-C$106.25MC$59.21MC$355.65MC$295.24M7 Day Performance-11.96%-3.22%-1.62%-2.48%1 Month Performance-15.33%-3.76%0.70%-0.78%1 Year Performance-36.55%20.96%9.90%34.67% Bitfarms Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)BITFBitfarms1.7152 of 5 starsC$2.43-0.4%C$6.50+167.5%-36.6%C$1.10BC$172.70M-4.86110Gap UpHUTHut 8N/AC$42.25+8.6%N/A+95.5%C$3.95BC$171.99M-39.16219News CoverageGap UpBLXBoralex2.8482 of 5 starsC$29.30+1.1%C$43.38+48.0%-11.4%C$3.01BC$959M31.17180SIISprott0.9882 of 5 starsC$62.54+0.4%C$67.00+7.1%+37.7%C$1.59BC$182.34M28.45170News CoverageHIVEHIVE Digital Technologies0.2763 of 5 starsC$5.66+3.7%C$9.00+59.0%-31.3%C$671.96MC$123.14M-11.7920Gap UpHigh Trading VolumeWEDWestaim1.6861 of 5 starsC$5.10-0.6%C$7.75+52.0%+35.1%C$653.67MC$104.22M7.893,240News CoveragePositive NewsWFCWall FinancialN/AC$18.20-1.6%N/A-13.4%C$585.13MC$186.46M24.03238,000VBNKVersaBank0.6598 of 5 starsC$21.31-2.6%C$20.00-6.1%+40.1%C$553.21MC$113.82M12.43100Gap DownHigh Trading VolumePTSPoints.comN/AC$32.160.0%N/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)0.0185 of 5 starsC$2.78+16.3%C$0.05-98.2%+0.0%C$368.17MC$16.93M-102.9649Negative NewsGap Up Related Companies and Tools Related Companies Hut 8 Competitors Boralex Competitors Sprott Competitors HIVE Digital Technologies Competitors Westaim Competitors Wall Financial Competitors VersaBank 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 12/22/2024 by MarketBeat.com Staff From Our PartnersWhy Buffett, Griffin and 100 members of Congress are Piling into this One InvestmentThis isn't just another investment. It might be the last retirement stock you'll ever need. 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