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Cryptocurrency News Articles
Bitcoin Depot (BTM) vs. Competitors: BTM Stock Is More Favorable Than Its Peers
Jun 16, 2024 at 01:35 pm
This is a summary of current ratings and target prices for Bitcoin Depot and its competitors, as provided by MarketBeat.com.
Bitcoin Depot (NASDAQ:BTM – Get Free Report) is one of 107 publicly-traded companies in the “Nondepository credit institutions” industry, but how does it compare to its competitors? We will compare Bitcoin Depot to related companies based on the strength of its institutional ownership, valuation, profitability, analyst recommendations, risk, earnings and dividends.
Analyst Recommendations
This is a summary of current ratings and target prices for Bitcoin Depot and its competitors, as provided by MarketBeat.com.
Bitcoin Depot currently has a consensus price target of $5.13, indicating a potential upside of 177.03%. As a group, “Nondepository credit institutions” companies have a potential upside of 7.79%. Given Bitcoin Depot’s stronger consensus rating and higher probable upside, equities analysts clearly believe Bitcoin Depot is more favorable than its competitors.
Valuation and Earnings
Bitcoin Depot’s competitors have higher revenue and earnings than Bitcoin Depot. Bitcoin Depot 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.
Profitability
This table compares Bitcoin Depot and its competitors’ net margins, return on equity and return on assets.
Volatility & Risk
Bitcoin Depot has a beta of -0.33, indicating that its share price is 133% less volatile than the S&P 500. Comparatively, Bitcoin Depot’s competitors have a beta of 5.27, indicating that their average share price is 427% more volatile than the S&P 500.
Institutional & Insider Ownership
9.2% of Bitcoin Depot shares are held by institutional investors. Comparatively, 33.2% of shares of all “Nondepository credit institutions” companies are held by institutional investors. 20.1% of Bitcoin Depot shares are held by insiders. Comparatively, 21.7% of shares of all “Nondepository credit institutions” companies 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.
Summary
Bitcoin Depot competitors beat Bitcoin Depot on 9 of the 13 factors compared.
About Bitcoin Depot
(Get Free Report)
Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade. The company is headquartered in Atlanta, Georgia. Bitcoin Depot Inc. is a subsidiary of BT Assets, Inc.
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