Coinbase Global (NASDAQ:COIN – Get Free Report) and Argo Blockchain (NASDAQ:ARBK – Get Free Report) are both business services companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, profitability, dividends, valuation, analyst recommendations, risk and earnings.
Valuation & Earnings
This table compares Coinbase Global and Argo Blockchain’s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Coinbase Global | $3.97 billion | 13.87 | $94.87 million | $5.01 | 44.78 |
Argo Blockchain | $63.30 million | 1.29 | -$35.03 million | ($0.47) | -3.00 |
Coinbase Global has higher revenue and earnings than Argo Blockchain. Argo Blockchain is trading at a lower price-to-earnings ratio than Coinbase Global, indicating that it is currently the more affordable of the two stocks.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Coinbase Global | 33.98% | 9.42% | 0.30% |
Argo Blockchain | -54.06% | -4,172.69% | -35.97% |
Analyst Recommendations
This is a summary of recent recommendations and price targets for Coinbase Global and Argo Blockchain, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Coinbase Global | 2 | 7 | 8 | 0 | 2.35 |
Argo Blockchain | 0 | 2 | 1 | 0 | 2.33 |
Coinbase Global presently has a consensus price target of $244.00, suggesting a potential upside of 8.75%. Argo Blockchain has a consensus price target of $2.23, suggesting a potential upside of 58.39%. Given Argo Blockchain’s higher probable upside, analysts clearly believe Argo Blockchain is more favorable than Coinbase Global.
Risk and Volatility
Coinbase Global has a beta of 3.4, meaning that its stock price is 240% more volatile than the S&P 500. Comparatively, Argo Blockchain has a beta of 1.9, meaning that its stock price is 90% more volatile than the S&P 500.
Institutional and Insider Ownership
68.8% of Coinbase Global shares are held by institutional investors. Comparatively, 2.4% of Argo Blockchain shares are held by institutional investors. 23.4% of Coinbase Global shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Summary
Coinbase Global beats Argo Blockchain on 13 of the 14 factors compared between the two stocks.
About Coinbase Global
Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions. It also provides technology and services that enable developers to build crypto products and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware.
About Argo Blockchain
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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