HUT vs. KEY, WED, BLX, SII, BITF, WFC, VBNK, HIVE, PTS, and ML
Should you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include Keyera (KEY), Westaim (WED), Boralex (BLX), Sprott (SII), Bitfarms (BITF), Wall Financial (WFC), VersaBank (VBNK), HIVE Digital Technologies (HIVE), Points.com (PTS), and Millennial Lithium (ML). These companies are all part of the "banking" industry.
Hut 8 vs.
Hut 8 (TSE:HUT) and Keyera (TSE:KEY) are both mid-cap financial services companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, institutional ownership, earnings, profitability, analyst recommendations, dividends, valuation, risk and community ranking.
Hut 8 has a net margin of 102.21% compared to Keyera's net margin of 4.86%. Keyera's return on equity of 12.02% beat Hut 8's return on equity.
Keyera has a consensus price target of C$44.08, suggesting a potential upside of 5.12%. Given Keyera's higher possible upside, analysts plainly believe Keyera is more favorable than Hut 8.
Keyera received 530 more outperform votes than Hut 8 when rated by MarketBeat users. However, 72.22% of users gave Hut 8 an outperform vote while only 55.81% of users gave Keyera an outperform vote.
57.2% of Hut 8 shares are held by institutional investors. Comparatively, 44.0% of Keyera shares are held by institutional investors. 60.2% of Hut 8 shares are held by insiders. Comparatively, 0.4% of Keyera shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Keyera has higher revenue and earnings than Hut 8. Hut 8 is trading at a lower price-to-earnings ratio than Keyera, indicating that it is currently the more affordable of the two stocks.
In the previous week, Keyera had 2 more articles in the media than Hut 8. MarketBeat recorded 7 mentions for Keyera and 5 mentions for Hut 8. Hut 8's average media sentiment score of 0.28 beat Keyera's score of 0.04 indicating that Hut 8 is being referred to more favorably in the media.
Hut 8 has a beta of 3.45, meaning that its share price is 245% more volatile than the S&P 500. Comparatively, Keyera has a beta of 2.09, meaning that its share price is 109% more volatile than the S&P 500.
Summary
Keyera beats Hut 8 on 10 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:HUT) was last updated on 1/20/2025 by MarketBeat.com Staff
