HIVE Blockchain Technologies (HIVE) vs. Its Peers Financial Contrast

HIVE Blockchain Technologies (NASDAQ: HIVE) is one of 122 publicly-traded companies in the “Data processing & preparation” industry, but how does it weigh in compared to its peers? We will compare HIVE Blockchain Technologies to related companies based on the strength of its valuation, profitability, risk, dividends, analyst recommendations, institutional ownership and earnings.

Earnings and Valuation

This table compares HIVE Blockchain Technologies and its peers gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
HIVE Blockchain Technologies $66.70 million $42.54 million 23.92
HIVE Blockchain Technologies Competitors $1.04 billion $2.10 million 17.27

HIVE Blockchain Technologies’ peers have higher revenue, but lower earnings than HIVE Blockchain Technologies. HIVE Blockchain Technologies is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Insider & Institutional Ownership

0.0% of HIVE Blockchain Technologies shares are owned by institutional investors. Comparatively, 53.6% of shares of all “Data processing & preparation” companies are owned by institutional investors. 17.4% of shares of all “Data processing & preparation” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent ratings and price targets for HIVE Blockchain Technologies and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HIVE Blockchain Technologies 0 0 1 0 3.00
HIVE Blockchain Technologies Competitors 643 3091 4727 89 2.50

As a group, “Data processing & preparation” companies have a potential upside of 29.25%. Given HIVE Blockchain Technologies’ peers higher possible upside, analysts plainly believe HIVE Blockchain Technologies has less favorable growth aspects than its peers.

Profitability

This table compares HIVE Blockchain Technologies and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
HIVE Blockchain Technologies 61.48% 57.26% 44.43%
HIVE Blockchain Technologies Competitors -36.44% -1,712.66% -10.54%

About HIVE Blockchain Technologies

HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. It is involved in the mining and sale of digital currencies, such as Ethereum, Ethereum Classic, and Bitcoin. The company was formerly known as Leeta Gold Corp. and changed its name to HIVE Blockchain Technologies Ltd. in September 2017. HIVE Blockchain Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada.

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