Reviewing Iren (OTC:IRDEY) & IREN (NASDAQ:IREN)

IREN (NASDAQ:IREN) and Iren (OTC:IRDEY) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, profitability, valuation and risk.

Institutional and Insider Ownership

41.1% of IREN shares are owned by institutional investors. 21.6% of IREN shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Profitability

This table compares IREN and Iren’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
IREN	33.03%	1.34%	0.94%
Iren	N/A	N/A	N/A

Analyst Ratings

This is a breakdown of current ratings and recommmendations for IREN and Iren, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
IREN	0	3	8	0	2.73
Iren	0	0	0	0	0.00

IREN currently has a consensus price target of $30.33, suggesting a potential upside of 0.47%. Given IREN’s stronger consensus rating and higher probable upside, equities analysts plainly believe IREN is more favorable than Iren.

Valuation & Earnings

This table compares IREN and Iren”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
IREN	$501.02 million	16.39	$86.94 million	$0.59	51.17
Iren	N/A	N/A	N/A	$0.61	22.75

IREN has higher revenue and earnings than Iren. Iren is trading at a lower price-to-earnings ratio than IREN, indicating that it is currently the more affordable of the two stocks.

Summary

IREN beats Iren on 10 of the 11 factors compared between the two stocks.

About IREN

IREN Limited, formerly known as Iris Energy Limited, owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

About Iren

Iren SpA, together with its subsidiaries, operates as a multi-utility company in Italy. It operates through Networks, Waste Management, Energy, Market, and Other Services segments. The company produces and distributes electricity primarily from hydroelectric, thermoelectric, cogeneration, and other renewables, as well as distributes natural gas. It distributes electrical energy through 7,872 kilometers of medium and low voltage networks to approximately 729,000 connected users; and natural gas through its network of approximately 8,160 kilometers of high, medium, and low-pressure pipes to approximately 738,000 customers. The company also operates integrated water cycle, which includes 20,358 kilometers of pipeline networks that serve 2.9 million residents; 11,279 kilometers of sewerage networks; and operates treatment plants. In addition, it is involved in the provision of services related to street lighting systems, traffic light systems, heating systems, and electrical and special systems; collection and disposal of waste; snow clearing services; and analysis laboratories, telecommunications, and other services. It operates 35 hydroelectric plants, 7 thermoelectric cogeneration systems, and 1 thermoelectric plant, as well as 105 photovoltaic production plants with an installed capacity of 142 MW. Iren SpA is based in Reggio Emilia, Italy.