Head-To-Head Review: Argo Blockchain (ARBK) and Its Competitors

Argo Blockchain (NASDAQ:ARBKGet Free Report) is one of 107 publicly-traded companies in the “Nondepository credit institutions” industry, but how does it weigh in compared to its rivals? We will compare Argo Blockchain to related companies based on the strength of its valuation, earnings, risk, dividends, institutional ownership, analyst recommendations and profitability.

Valuation & Earnings

This table compares Argo Blockchain and its rivals gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Argo Blockchain $50.56 million -$35.03 million -3.21
Argo Blockchain Competitors $2.65 billion $385.89 million 4.63

Argo Blockchain’s rivals have higher revenue and earnings than Argo Blockchain. Argo Blockchain is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Argo Blockchain and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Argo Blockchain 0 2 1 0 2.33
Argo Blockchain Competitors 435 1630 2471 76 2.47

Argo Blockchain presently has a consensus target price of $2.23, indicating a potential upside of 47.90%. As a group, “Nondepository credit institutions” companies have a potential upside of 6.05%. Given Argo Blockchain’s higher probable upside, analysts clearly believe Argo Blockchain is more favorable than its rivals.

Risk and Volatility

Argo Blockchain has a beta of 1.96, suggesting that its stock price is 96% more volatile than the S&P 500. Comparatively, Argo Blockchain’s rivals have a beta of 5.39, suggesting that their average stock price is 439% more volatile than the S&P 500.

Institutional and Insider Ownership

2.4% of Argo Blockchain shares are held by institutional investors. Comparatively, 33.2% of shares of all “Nondepository credit institutions” companies are held by institutional investors. 21.7% of shares of all “Nondepository credit institutions” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Argo Blockchain and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Argo Blockchain -54.06% -4,172.69% -35.97%
Argo Blockchain Competitors -90.78% -132.81% -20.96%

Summary

Argo Blockchain rivals beat Argo Blockchain on 11 of the 13 factors compared.

Argo Blockchain Company Profile

(Get Free Report)

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is based in London, the United Kingdom.

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