CleanSpark (NASDAQ:CLSK – Get Free Report) and Coinbase Global (NASDAQ:COIN – Get Free Report) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, institutional ownership, earnings, valuation, risk and analyst recommendations.
Risk and Volatility
CleanSpark has a beta of 4.26, indicating that its stock price is 326% more volatile than the S&P 500. Comparatively, Coinbase Global has a beta of 3.59, indicating that its stock price is 259% more volatile than the S&P 500.
Earnings & Valuation
This table compares CleanSpark and Coinbase Global”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
CleanSpark | $378.97 million | 8.47 | -$145.78 million | ($0.58) | -18.91 |
Coinbase Global | $3.11 billion | 24.27 | $94.87 million | $5.86 | 51.42 |
Insider & Institutional Ownership
43.1% of CleanSpark shares are held by institutional investors. Comparatively, 68.8% of Coinbase Global shares are held by institutional investors. 3.0% of CleanSpark shares are held by company insiders. Comparatively, 23.4% of Coinbase Global shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Analyst Ratings
This is a summary of recent ratings for CleanSpark and Coinbase Global, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
CleanSpark | 0 | 0 | 7 | 0 | 3.00 |
Coinbase Global | 0 | 9 | 11 | 0 | 2.55 |
CleanSpark presently has a consensus price target of $22.57, indicating a potential upside of 105.76%. Coinbase Global has a consensus price target of $289.06, indicating a potential downside of 4.06%. Given CleanSpark’s stronger consensus rating and higher probable upside, research analysts clearly believe CleanSpark is more favorable than Coinbase Global.
Profitability
This table compares CleanSpark and Coinbase Global’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
CleanSpark | -38.47% | -2.36% | -2.18% |
Coinbase Global | 29.76% | 14.81% | 0.41% |
Summary
Coinbase Global beats CleanSpark on 11 of the 14 factors compared between the two stocks.
About CleanSpark
CleanSpark, Inc. operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.
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.
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