American Bitcoin (NASDAQ:ABTC – Get Free Report) is one of 341 public companies in the “Financial Services” industry, but how does it compare to its competitors? We will compare American Bitcoin to related companies based on the strength of its risk, profitability, dividends, valuation, earnings, institutional ownership and analyst recommendations.
Earnings and Valuation
This table compares American Bitcoin and its competitors gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| American Bitcoin | $185.16 million | -$153.17 million | -2.02 |
| American Bitcoin Competitors | $24.27 billion | $1.07 billion | 8.51 |
American Bitcoin’s competitors have higher revenue and earnings than American Bitcoin. American Bitcoin is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Insider and Institutional Ownership
10.2% of American Bitcoin shares are owned by institutional investors. Comparatively, 43.0% of shares of all “Financial Services” companies are owned by institutional investors. 2.6% of American Bitcoin shares are owned by insiders. Comparatively, 21.7% of shares of all “Financial Services” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Profitability
This table compares American Bitcoin and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| American Bitcoin | -71.75% | -29.89% | -15.52% |
| American Bitcoin Competitors | -409.63% | -16.12% | -6.09% |
Analyst Recommendations
This is a breakdown of current ratings and recommmendations for American Bitcoin and its competitors, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| American Bitcoin | 1 | 1 | 4 | 0 | 2.50 |
| American Bitcoin Competitors | 1974 | 6879 | 11623 | 443 | 2.50 |
American Bitcoin presently has a consensus price target of $28.25, suggesting a potential upside of 359.35%. As a group, “Financial Services” companies have a potential downside of 3.84%. Given American Bitcoin’s higher probable upside, research analysts clearly believe American Bitcoin is more favorable than its competitors.
Volatility & Risk
American Bitcoin has a beta of 3.96, meaning that its stock price is 296% more volatile than the S&P 500. Comparatively, American Bitcoin’s competitors have a beta of 2.50, meaning that their average stock price is 150% more volatile than the S&P 500.
Summary
American Bitcoin competitors beat American Bitcoin on 8 of the 12 factors compared.
American Bitcoin Company Profile
Gryphon Digital Mining is an innovative venture in the bitcoin space. Gryphon Digital Mining, formerly known as Akerna Corp., is based in DENVER.
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