1 week Ago By ABMN Staff
CleanSpark ( NASDAQ:CLSK – Get Free Report ) and Coinbase Global ( NASDAQ:COIN – Get Free Report ) are both finance companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, risk, valuation, dividends, profitability, analyst recommendations and institutional ownership. Earnings & Valuation This table compares CleanSpark and Coinbase Global”s top-line revenue, earnings per share and valuation. Coinbase Global has higher revenue and earnings than CleanSpark.
CleanSpark is trading at a lower price-to-earnings ratio than Coinbase Global, indicating that it is currently the more affordable of the two stocks. Analyst Recommendations CleanSpark presently has a consensus price target of $23.17, indicating a potential upside of 145.
15%. Coinbase Global has a consensus price target of $286.22, indicating a potential upside of 11.
28%. Given CleanSpark’s stronger consensus rating and higher possible upside, research analysts plainly 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.
Institutional & Insider Ownership 43.1% of CleanSpark shares are owned by institutional investors. Comparatively, 68.
8% of Coinbase Global shares are owned by institutional investors. 3.0% of CleanSpark shares are owned by insiders.
Comparatively, 23.4% of Coinbase Global shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Volatility & Risk CleanSpark has a beta of 4.16, meaning that its stock price is 316% more volatile than the S&P 500. Comparatively, Coinbase Global has a beta of 3.
57, meaning that its stock price is 257% more volatile than the S&P 500. Summary Coinbase Global beats CleanSpark on 11 of the 14 factors compared between the two stocks. About CleanSpark ( Get Free Report ) 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 ( Get Free Report ) 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. Receive News & Ratings for CleanSpark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CleanSpark and related companies with MarketBeat.com's FREE daily email newsletter .
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