BKKT vs. PGY, HUT, HKD, WULF, BTDR, CCAP, VEL, LDI, GDOT, and CMPO
Should you be buying Bakkt stock or one of its competitors? The main competitors of Bakkt include Pagaya Technologies (PGY), Hut 8 (HUT), AMTD Digital (HKD), TeraWulf (WULF), Bitdeer Technologies Group (BTDR), Crescent Capital BDC (CCAP), Velocity Financial (VEL), loanDepot (LDI), Green Dot (GDOT), and CompoSecure (CMPO). These companies are all part of the "nondepository credit institutions" industry.
Bakkt (NYSE:BKKT) and Pagaya Technologies (NASDAQ:PGY) are both small-cap business services companies, but which is the superior business? We will contrast the two businesses based on the strength of their community ranking, valuation, profitability, institutional ownership, media sentiment, earnings, dividends, risk and analyst recommendations.
Bakkt has higher earnings, but lower revenue than Pagaya Technologies. Pagaya Technologies is trading at a lower price-to-earnings ratio than Bakkt, indicating that it is currently the more affordable of the two stocks.
Bakkt has a beta of 4.23, suggesting that its share price is 323% more volatile than the S&P 500. Comparatively, Pagaya Technologies has a beta of 6.55, suggesting that its share price is 555% more volatile than the S&P 500.
Pagaya Technologies received 5 more outperform votes than Bakkt when rated by MarketBeat users. Likewise, 59.09% of users gave Pagaya Technologies an outperform vote while only 40.00% of users gave Bakkt an outperform vote.
Bakkt currently has a consensus target price of $13.13, suggesting a potential downside of 25.43%. Pagaya Technologies has a consensus target price of $27.50, suggesting a potential upside of 132.85%. Given Pagaya Technologies' stronger consensus rating and higher probable upside, analysts plainly believe Pagaya Technologies is more favorable than Bakkt.
In the previous week, Pagaya Technologies had 3 more articles in the media than Bakkt. MarketBeat recorded 5 mentions for Pagaya Technologies and 2 mentions for Bakkt. Pagaya Technologies' average media sentiment score of 0.81 beat Bakkt's score of 0.64 indicating that Pagaya Technologies is being referred to more favorably in the news media.
11.1% of Bakkt shares are held by institutional investors. Comparatively, 57.1% of Pagaya Technologies shares are held by institutional investors. 1.8% of Bakkt shares are held by insiders. Comparatively, 19.7% of Pagaya Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Bakkt has a net margin of -4.26% compared to Pagaya Technologies' net margin of -10.53%. Pagaya Technologies' return on equity of -4.23% beat Bakkt's return on equity.
Summary
Pagaya Technologies beats Bakkt on 15 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BKKT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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