Financial Comparison: Eightco (NASDAQ:OCTO) and Palmer Square Capital BDC (NYSE:PSBD)

Palmer Square Capital BDC (NYSE:PSBD) and Eightco (NASDAQ:OCTO) are both small-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, valuation, institutional ownership, risk, dividends, earnings and analyst recommendations.

Earnings & Valuation

This table compares Palmer Square Capital BDC and Eightco’s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Palmer Square Capital BDC	$109.18 million	4.95	$107.84 million	N/A	N/A
Eightco	$75.30 million	0.07	-$68.32 million	N/A	N/A

Palmer Square Capital BDC has higher revenue and earnings than Eightco.

Insider and Institutional Ownership

6.5% of Palmer Square Capital BDC shares are held by institutional investors. Comparatively, 12.9% of Eightco shares are held by institutional investors. 0.5% of Eightco shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of current ratings and recommmendations for Palmer Square Capital BDC and Eightco, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Palmer Square Capital BDC	0	3	4	0	2.57
Eightco	0	0	0	0	N/A

Palmer Square Capital BDC presently has a consensus price target of $16.93, indicating a potential upside of 1.98%. Given Palmer Square Capital BDC’s higher possible upside, analysts clearly believe Palmer Square Capital BDC is more favorable than Eightco.

Profitability

This table compares Palmer Square Capital BDC and Eightco’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Palmer Square Capital BDC	96.09%	23.31%	9.23%
Eightco	-90.73%	-512.05%	-35.63%

Summary

Palmer Square Capital BDC beats Eightco on 8 of the 10 factors compared between the two stocks.

About Palmer Square Capital BDC

Palmer Square Capital BDC Inc. is an externally managed, non-diversified closed-end management investment company which primarily lends to and invests in corporate debt securities, including small to large private U.S. companies and has elected to be regulated as a business development company. Palmer Square Capital BDC Inc. is based in MISSION WOODS, Kan.

About Eightco

Eightco Holdings Inc. provides inventory management and corrugated custom packaging solutions in North America and Europe. It manufactures and sells custom packaging solutions for a various product; and provides and resells bitcoin mining equipment and co-location services. The company was formerly known as Cryptyde, Inc. and changed its name to Eightco Holdings Inc. in April 2023. Eightco Holdings Inc. was incorporated in 1966 and is headquartered in Easton, Pennsylvania.