Argo Blockchain (NASDAQ:ARBK – Get Free Report ) and Coinbase Global (NASDAQ:COIN – Get Free Report ) are both finance companies, but which stock is the better buy? We compare the two companies based on dividends, analyst recommendations, revenue, profitability, valuation, risk and strength of institutional holdings.
Analysts’ comments
Here’s a breakdown of Argo Blockchain and Coinbase Global’s current valuations and target prices provided by MarketBeat.com.
Sell Rating Hold Rating Buy Rating Strong Buy Rating Rating Score Argo Blockchain 0 2 1 0 2.33 Coinbase Global 2 7 9 0 2.39
Argo Blockchain currently has a consensus price target of $2.23, suggesting an upside potential of 37.01%, while Coinbase Global has a consensus price target of $237.50, suggesting a downside potential of 2.24%. Given Argo Blockchain’s higher upside potential, stock analysts clearly consider Argo Blockchain a better buy than Coinbase Global.
Volatility and Risk
Argo Blockchain has a beta of 1.9, meaning its stock price is 90% more volatile than the S&P 500. In comparison, Coinbase Global has a beta of 3.4, meaning its stock price is 240% more volatile than the S&P 500.
Institutional and insider ownership
2.4% of Argo Blockchain’s shares are owned by institutional investors. In comparison, 68.8% of Coinbase Global’s shares are owned by institutional investors. 23.4% of Coinbase Global’s shares are owned by insiders. Strong institutional ownership indicates that large asset managers, endowments, and hedge funds believe that the company will outperform the market in the long term.
Ratings and Revenue
This table compares Argo Blockchain and Coinbase Global’s revenue, earnings per share (EPS), and valuation.
Total Revenue Price to Sales Ratio Net Income Earnings Per Share Price to Earnings Ratio Argo Blockchain $50.56 million 1.86 -$35.03 million ($0.47) -3.47 Coinbase Global $3.11 billion 19.19 $94.87 million 5.01 48.49
Coinbase Global has higher revenues and earnings than Argo Blockchain. Argo Blockchain trades at a lower price-to-earnings multiple than Coinbase Global, making Argo Blockchain the more affordable of the two stocks right now.
Profitability
This table compares the net profit margins, return on equity, and return on assets of Argo Blockchain and Coinbase Global.
Net Profit Margin Return on Equity Return on Assets Argo Blockchain -54.06% -4,172.69% -35.97% Coinbase Global 33.98% 9.42% 0.30%
summary
Coinbase Global outperforms Argo Blockchain in 13 of the 14 factors we compared the two stocks on.
About Argo Blockchain
(Get your free report)
Argo Blockchain plc, together with its subsidiaries, is engaged in the mining of Bitcoin and other cryptocurrencies worldwide. The company is involved in mining special-purpose computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was founded in 2017 and is based in London, UK.
About Coinbase Global
(Get your free report)
Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company provides the leading financial accounts in the crypto economy for consumers and a marketplace with liquidity pools for trading crypto assets for institutions. It also provides technology and services that enable developers to build crypto products and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware.
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