Digihost Technology (NASDAQ:DGHI – Get Rating) is one of 139 public companies in the “Data processing & preparation” industry, but how does it contrast to its competitors? We will compare Digihost Technology to related businesses based on the strength of its dividends, analyst recommendations, valuation, institutional ownership, earnings, risk and profitability.
Profitability
This table compares Digihost Technology and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Digihost Technology | 7.16% | 2.98% | 2.68% |
| Digihost Technology Competitors | -38.21% | -1,482.49% | -5.92% |
Analyst Recommendations
This is a summary of current ratings and price targets for Digihost Technology and its competitors, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Digihost Technology | 0 | 0 | 1 | 0 | 3.00 |
| Digihost Technology Competitors | 751 | 3268 | 5003 | 99 | 2.49 |
Digihost Technology presently has a consensus price target of $5.00, suggesting a potential upside of 93.80%. As a group, “Data processing & preparation” companies have a potential upside of 59.23%. Given Digihost Technology’s stronger consensus rating and higher probable upside, research analysts plainly believe Digihost Technology is more favorable than its competitors.
Institutional and Insider Ownership
1.8% of Digihost Technology shares are held by institutional investors. Comparatively, 52.3% of shares of all “Data processing & preparation” companies are held by institutional investors. 18.4% of shares of all “Data processing & preparation” 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.
Earnings and Valuation
This table compares Digihost Technology and its competitors gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Digihost Technology | $24.95 million | $290,000.00 | 129.06 |
| Digihost Technology Competitors | $900.40 million | -$8.22 million | -12.83 |
Digihost Technology’s competitors have higher revenue, but lower earnings than Digihost Technology. Digihost Technology is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Summary
Digihost Technology beats its competitors on 8 of the 12 factors compared.
About Digihost Technology (Get Rating)
Digihost Technology Inc. operates as a blockchain technology company that focuses on digital currency mining in the United States. It mines for cryptocurrency. The company was incorporated in 2017 and is headquartered in Toronto, Canada.
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