bitcoin
bitcoin

$98829.36 USD 

0.03%

ethereum
ethereum

$3340.92 USD 

-0.66%

tether
tether

$1.00 USD 

0.02%

solana
solana

$256.72 USD 

-2.23%

bnb
bnb

$642.45 USD 

1.15%

xrp
xrp

$1.57 USD 

13.44%

dogecoin
dogecoin

$0.428809 USD 

9.07%

usd-coin
usd-coin

$0.999974 USD 

0.01%

cardano
cardano

$1.10 USD 

25.74%

avalanche
avalanche

$43.70 USD 

20.30%

tron
tron

$0.206860 USD 

3.08%

shiba-inu
shiba-inu

$0.000027 USD 

8.99%

toncoin
toncoin

$5.54 USD 

-0.22%

stellar
stellar

$0.444905 USD 

56.38%

polkadot-new
polkadot-new

$7.15 USD 

16.20%

Cryptocurrency News Articles

Bitcoin Depot (BTM) Rivals Beat BTM on 9 of 13 Factors

Jun 24, 2024 at 03:52 pm

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.

Bitcoin Depot (BTM) Rivals Beat BTM on 9 of 13 Factors

Bitcoin Depot (NASDAQ:BTM) is part of the “Nondepository credit institutions” industry, which includes 107 companies. We will compare Bitcoin Depot to its peers in the industry based on the strength of its profitability, institutional ownership, analyst recommendations, dividends, risk, earnings and valuation.

Volatility and Risk

Bitcoin Depot has a beta of -0.33, indicating that its stock price is 133% less volatile than the S&P 500. Comparatively, Bitcoin Depot’s peers have a beta of 5.27, which means their average stock price is 427% more volatile than the S&P 500.

Valuation & Earnings

The following table compares Bitcoin Depot and its peers’ gross revenue, earnings per share (EPS) and valuation.

Institutional and Insider Ownership

Bitcoin Depot has institutional ownership of 9.2%, compared to 33.2% for all “Nondepository credit institutions” companies. 20.1% of Bitcoin Depot shares are owned by insiders, compared to an average of 21.5% for companies in the industry. Strong institutional ownership is a sign that hedge funds, endowments and large money managers believe a stock will beat the market over the long term.

Profitability

The following table compares Bitcoin Depot and its peers’ net margins, return on equity and return on assets.

Analyst Recommendations

The following table shows a summary of current ratings and target prices for Bitcoin Depot and its peers, as reported by MarketBeat.com.

Bitcoin Depot has a consensus target price of $5.13, indicating a potential upside of 253.45%. In comparison, “Nondepository credit institutions” companies have an average consensus target price, indicating a potential upside of 10.42%. Given Bitcoin Depot’s stronger consensus rating and higher probable upside, analysts clearly favor Bitcoin Depot over its peers.

Summary

Bitcoin Depot rivals beat Bitcoin Depot on 9 of the 13 factors compared.

Bitcoin Depot Company Profile

(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.

Receive News & Ratings for Bitcoin Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bitcoin Depot and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Nov 23, 2024