Contrasting Iris Energy (NASDAQ:IREN) & Mogo (NASDAQ:MOGO)

Mogo (NASDAQ:MOGOGet Free Report) and Iris Energy (NASDAQ:IRENGet Free Report) are both business services companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, dividends, analyst recommendations, profitability and earnings.

Institutional & Insider Ownership

14.8% of Mogo shares are held by institutional investors. Comparatively, 41.1% of Iris Energy shares are held by institutional investors. 12.3% of Mogo shares are held by company insiders. Comparatively, 21.6% of Iris Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Mogo and Iris Energy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Mogo -22.05% -15.34% -6.49%
Iris Energy N/A N/A N/A

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Mogo and Iris Energy, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mogo 0 0 1 0 3.00
Iris Energy 0 1 9 1 3.00

Mogo currently has a consensus price target of $6.00, suggesting a potential upside of 366.93%. Iris Energy has a consensus price target of $15.44, suggesting a potential upside of 44.75%. Given Mogo’s higher probable upside, analysts clearly believe Mogo is more favorable than Iris Energy.

Earnings & Valuation

This table compares Mogo and Iris Energy”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Mogo $48.31 million 0.65 -$13.25 million ($0.47) -2.73
Iris Energy $188.76 million 10.62 -$28.95 million N/A N/A

Mogo has higher earnings, but lower revenue than Iris Energy.

Risk and Volatility

Mogo has a beta of 2.81, suggesting that its share price is 181% more volatile than the S&P 500. Comparatively, Iris Energy has a beta of 3.39, suggesting that its share price is 239% more volatile than the S&P 500.

Summary

Iris Energy beats Mogo on 10 of the 12 factors compared between the two stocks.

About Mogo

(Get Free Report)

Mogo Inc. operates as a digital finance company in Canada, Europe, and internationally. The company's digital solutions help build wealth and achieve financial freedom. It provides MogoTrade, a stock trading app; Moka; and MogoMoney that provides online personal loans. The company also offers digital loans and mortgages; and operates a digital payments platform that powers next-generation card programs for both global corporations and fintech companies in Europe and Canada. Mogo Inc. is headquartered in Vancouver, Canada.

About Iris Energy

(Get Free Report)

Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

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