American Bitcoin (NASDAQ:ABTC – Get Free Report) is one of 342 publicly-traded companies in the “Financial Services” industry, but how does it weigh in compared to its peers? We will compare American Bitcoin to similar businesses based on the strength of its dividends, earnings, risk, profitability, valuation, institutional ownership and analyst recommendations.
Insider and Institutional Ownership
10.2% of American Bitcoin shares are owned by institutional investors. Comparatively, 43.2% of shares of all “Financial Services” companies are owned by institutional investors. 2.6% of American Bitcoin shares are owned by company insiders. Comparatively, 22.1% of shares of all “Financial Services” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Analyst Recommendations
This is a breakdown of current recommendations for American Bitcoin and its peers, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| American Bitcoin | 1 | 1 | 4 | 0 | 2.50 |
| American Bitcoin Competitors | 1990 | 6918 | 11710 | 444 | 2.50 |
American Bitcoin currently has a consensus price target of $28.25, suggesting a potential upside of 254.45%. As a group, “Financial Services” companies have a potential downside of 1.25%. Given American Bitcoin’s higher possible upside, equities research analysts clearly believe American Bitcoin is more favorable than its peers.
Risk and Volatility
American Bitcoin has a beta of 3.96, indicating that its share price is 296% more volatile than the S&P 500. Comparatively, American Bitcoin’s peers have a beta of 2.49, indicating that their average share price is 149% more volatile than the S&P 500.
Profitability
This table compares American Bitcoin and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| American Bitcoin | -71.75% | -29.89% | -15.52% |
| American Bitcoin Competitors | -409.63% | -16.14% | -6.10% |
Valuation & Earnings
This table compares American Bitcoin and its peers revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| American Bitcoin | $185.16 million | -$153.17 million | -2.61 |
| American Bitcoin Competitors | $24.87 billion | $1.08 billion | 8.30 |
American Bitcoin’s peers have higher revenue and earnings than American Bitcoin. American Bitcoin is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Summary
American Bitcoin peers beat American Bitcoin on 9 of the 13 factors compared.
About American Bitcoin
Gryphon Digital Mining is an innovative venture in the bitcoin space. Gryphon Digital Mining, formerly known as Akerna Corp., is based in DENVER.
Receive News & Ratings for American Bitcoin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Bitcoin and related companies with MarketBeat.com's FREE daily email newsletter.
