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Head-to-Head Contrast: Argo Blockchain (ARBK) and Its Rivals
Argo Blockchain (NASDAQ:ARBK – Get a free report) is one of 103 publicly traded companies in the “Non-depository Credit Institutions” sector, but how does it compare to its rivals? We will compare Argo Blockchain to related businesses based on dividend strength, institutional ownership, earnings, analyst recommendations, risk, valuation and profitability.
Analyst ratings
This is a breakdown of recent valuations for Argo Blockchain and its rivals, as provided by MarketBeat.
| Sell ratings | Maintain ratings | Buy ratings | Strong buy ratings | Evaluation score | |
| Argo Blockchain | 0 | 2 | 1 | 0 | 2.33 |
| Argo Blockchain Competitors | 434 | 1620 | 2421 | 74 | 2.47 |
Argo Blockchain currently has a consensus price target of $2.23, indicating a potential upside of 63.02%. Taken together, the “Non-depository credit institutions” companies have an upside potential of 5.85%. Given Argo Blockchain’s higher possible upside potential, research analysts clearly believe that Argo Blockchain is more favorable than its rivals.
Profitability
This table compares Argo Blockchain and the net margins, return on equity and return on assets of its rivals.
| Net margins | Return on equity | Return on assets | |
| Argo Blockchain | -70.83% | -27,427.20% | -39.43% |
| Argo Blockchain Competitors | -91.94% | -494.98% | -20.42% |
Volatility and risk
Argo Blockchain has a beta of 2.01, suggesting that its stock price is 101% more volatile than the S&P 500. In comparison, Argo Blockchain’s rivals have a beta of 5.44, suggesting that their average stock price stocks is 444% more volatile than the S&P 500.
Earnings and valuation
This table compares the revenue, earnings per share and valuation of Argo Blockchain and its rivals.
| Gross Income | Net income | Price/earnings ratio | |
| Argo Blockchain | $50.56 million | -$35.03 million | -2.49 |
| Argo Blockchain Competitors | $2.99 billion | $405.12 million | 4.61 |
Argo Blockchain’s rivals have higher revenue and earnings than Argo Blockchain. Argo Blockchain trades at a lower P/E ratio than its rivals, indicating that it is currently cheaper than other companies in its sector.
Institutional and insider ownership
2.4% of Argo Blockchain shares are held by institutional investors. In comparison, 33.9% of the shares of all “Non-Depository Credit Institutions” companies are held by institutional investors. 22.2% of the shares of all “Non-depository credit institutions” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Summary
Argo Blockchain’s rivals beat Argo Blockchain on 11 of 13 factors compared.
About Argo Blockchain
Argo Blockchain plc, together with its subsidiaries, is engaged in the mining of bitcoin and other cryptocurrencies worldwide. Engages in mining purpose-built computers for complex cryptographic algorithms. The company was previously 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.
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