Hut 8 (HUT) Competitors C$16.79 -1.05 (-5.89%) As of 02:47 PM Eastern Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesBuy This Stock HUT vs. BLX, SII, BITF, PTS, VBNK, WED, ML, GRN, WFC, and CAREShould you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include Boralex (BLX), Sprott (SII), Bitfarms (BITF), Points.com (PTS), VersaBank (VBNK), Westaim (WED), Millennial Lithium (ML), Greenlane Renewables Inc. (GRN.V) (GRN), Wall Financial (WFC), and Dialogue Health Technologies (CARE). These companies are all part of the "banking" industry. Hut 8 vs. Boralex Sprott Bitfarms Points.com VersaBank Westaim Millennial Lithium Greenlane Renewables Inc. (GRN.V) Wall Financial Dialogue Health Technologies Hut 8 (TSE:HUT) and Boralex (TSE:BLX) are both financial services companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, community ranking, earnings, media sentiment, institutional ownership, analyst recommendations, profitability, dividends and risk. Does the MarketBeat Community favor HUT or BLX? Boralex received 380 more outperform votes than Hut 8 when rated by MarketBeat users. However, 73.68% of users gave Hut 8 an outperform vote while only 62.64% of users gave Boralex an outperform vote. CompanyUnderperformOutperformHut 8Outperform Votes1473.68% Underperform Votes526.32% BoralexOutperform Votes39462.64% Underperform Votes23537.36% Do analysts rate HUT or BLX? Boralex has a consensus price target of C$40.25, indicating a potential upside of 37.80%. Given Boralex's higher possible upside, analysts plainly believe Boralex 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) 4 Strong Buy rating(s) 4.00Boralex 0 Sell rating(s) 1 Hold rating(s) 3 Buy rating(s) 2 Strong Buy rating(s) 3.17 Which has stronger valuation and earnings, HUT or BLX? Hut 8 has higher earnings, but lower revenue than Boralex. Hut 8 is trading at a lower price-to-earnings ratio than Boralex, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioHut 8C$142.55M8.33C$193.22MC$4.094.37BoralexC$952.11M3.19C$71.91MC$0.6842.82 Which has more risk and volatility, HUT or BLX? Hut 8 has a beta of 3.45, indicating that its share price is 245% more volatile than the S&P 500. Comparatively, Boralex has a beta of 0.46, indicating that its share price is 54% less volatile than the S&P 500. Does the media prefer HUT or BLX? In the previous week, Hut 8's average media sentiment score of 0.00 equaled Boralex'saverage media sentiment score. Company Overall Sentiment Hut 8 Neutral Boralex Neutral Is HUT or BLX more profitable? Hut 8 has a net margin of 135.55% compared to Boralex's net margin of 7.55%. Hut 8's return on equity of 40.91% beat Boralex's return on equity.Company Net Margins Return on Equity Return on Assets Hut 8135.55% 40.91% -4.25% Boralex 7.55%4.29%2.54% Do institutionals and insiders hold more shares of HUT or BLX? 57.2% of Hut 8 shares are held by institutional investors. Comparatively, 58.3% of Boralex shares are held by institutional investors. 60.2% of Hut 8 shares are held by insiders. Comparatively, 0.2% of Boralex shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term. SummaryHut 8 beats Boralex on 10 of the 17 factors compared between the two stocks. Remove Ads Get Hut 8 News Delivered to You Automatically Sign up to receive the latest news and ratings for HUT 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 HUT vs. The Competition Export to ExcelMetricHut 8Capital Markets IndustryFinancial SectorTSE ExchangeMarket CapC$1.19BC$673.08MC$4.25BC$5.71BDividend YieldN/A3.90%4.19%6.83%P/E Ratio4.3728.6615.9430.79Price / Sales8.33142.251,683.54565.20Price / Cash7.8611.8248.9783.07Price / Book1.762.683.363.66Net IncomeC$193.22MC$126.27MC$1.28BC$299.79M7 Day Performance-3.62%-1.56%0.08%0.27%1 Month Performance-16.36%-4.79%6.33%0.99%1 Year Performance19.25%8.73%10.03%15.75% Hut 8 Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)HUTHut 8N/AC$16.79-5.9%N/A+33.0%C$1.12BC$142.55M4.11219Gap UpBLXBoralex1.7198 of 5 starsC$28.96-2.8%C$40.25+39.0%+2.3%C$3.01BC$952.11M42.46180SIISprott0.8301 of 5 starsC$63.86+0.1%C$69.50+8.8%+30.9%C$1.14BC$114.38M24.89170Positive NewsBITFBitfarms2.5333 of 5 starsC$1.60+8.1%C$6.50+306.3%-53.9%C$561.15MC$159.92M-3.60110News CoverageGap UpPTSPoints.comN/AN/AN/AN/AC$480.57MC$432.40M169.26240,000VBNKVersaBank1.614 of 5 starsC$14.72+0.5%C$17.00+15.5%-1.4%C$476.35MC$248.46M9.57100News CoverageWEDWestaim0.059 of 5 starsC$31.73+0.2%C$7.75-75.6%+759.5%C$468.78MC$10.20M71.793,240News CoverageMLMillennial LithiumN/AC$4.04+2.0%N/A+0.0%C$395.36MN/A-20.20560Gap DownGRNGreenlane Renewables Inc. (GRN.V)0.1964 of 5 starsC$2.78+16.3%C$0.05-98.2%+0.0%C$368.17MC$16.93M-102.9649Positive NewsGap UpWFCWall FinancialN/AC$11.25+0.9%N/A-51.0%C$361.08MC$193.65M14.54238,000High Trading VolumeCAREDialogue Health TechnologiesN/AN/AN/AN/AC$345.36MC$95.88M-17.13730News CoveragePositive News Remove Ads Related Companies and Tools Related Companies Boralex Alternatives Sprott Alternatives Bitfarms Alternatives Points.com Alternatives VersaBank Alternatives Westaim Alternatives Millennial Lithium Alternatives Greenlane Renewables Inc. 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