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Analysis of Argo Blockchain (NASDAQ:ARBK) and Coinbase Global (NASDAQ:COIN)
Argo Blockchain (NASDAQ:ARBK – Get a free report) and Coinbase Global (NASDAQ:MONEY – Get a free report) are both financial companies, but which is the better stock? We will compare the two companies based on their dividend strength, analyst recommendations, earnings, profitability, valuation, risk, and institutional ownership.
Analyst Ratings
This is a breakdown of current valuations and target prices for Argo Blockchain and Coinbase Global, provided by MarketBeat.com.
| Sales Ratings | Keep ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Argo Blockchain | 0 | 2 | 1 | 0 | 2.33 |
| Coinbase Global | 2 | 7 | 9 | 0 | 2.39 |
Argo Blockchain currently has a consensus price target of $2.23, which suggests a potential upside of 37.01%. Coinbase Global has a consensus price target of $237.50, which suggests a potential downside of 2.24%. Given the potential higher upside of Argo Blockchain, equity analysts clearly believe Argo Blockchain is more favorable than Coinbase Global.
Volatility and risk
Argo Blockchain has a beta of 1.9, meaning its stock price is 90% more volatile than the S&P 500. Comparatively, Coinbase Global has a beta of 3.4, meaning its stock price is 240% more volatile than the S&P 500.
Institutional and internal ownership
2.4% of Argo Blockchain shares are owned by institutional investors. Comparatively, 68.8% of Coinbase Global shares are owned by institutional investors. 23.4% of Coinbase Global shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments, and hedge funds believe a company will outperform the market in the long term.
Valuation and earnings
This table compares the top revenue, earnings per share (EPS), and valuation of Argo Blockchain and Coinbase Global.
| Gross Income | Price/sales ratio | Net income | Earning per share | Price/Earnings Ratio | |
| Argo Blockchain | $50.56 million | 1.86 | -$35.03 million | ($0.47) | -3.47 |
| Coinbase Global | $3.11 billion | 19.19 | $94.87 million | $5.01 | 48,49 |
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 cheaper stock of the two.
Profitability
This table compares the net margins, return on equity, and return on assets of Argo Blockchain and Coinbase Global.
| Net margins | Return on equity | Return on assets | |
| Argo Blockchain | -54.06% | -4.172,69% | -35.97% |
| Coinbase Global | 33.98% | 9.42% | 0.30% |
Summary
Coinbase Global outperforms Argo Blockchain in 13 of 14 factors compared between the two stocks.
About Argo Blockchain
Argo Blockchain plc, together with its subsidiaries, is engaged in the mining of bitcoin and other cryptocurrencies worldwide. It is engaged in mining on 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 headquartered in London, United Kingdom.
About Coinbase Global
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