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Contrasting DoubleDown Interactive (NASDAQ:DDI) & Greenidge Generation (NASDAQ:GREE)

Defense World ·  Sep 12, 2022 02:31

DoubleDown Interactive (NASDAQ:DDI – Get Rating) and Greenidge Generation (NASDAQ:GREE – Get Rating) are both small-cap consumer discretionary companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, risk, profitability, earnings, valuation and dividends.

Profitability

This table compares DoubleDown Interactive and Greenidge Generation's net margins, return on equity and return on assets.

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Net Margins Return on Equity Return on Assets
DoubleDown Interactive 7.31% 2.89% 2.53%
Greenidge Generation -105.74% 6.12% 3.32%

Insider and Institutional Ownership

9.8% of DoubleDown Interactive shares are owned by institutional investors. Comparatively, 23.8% of Greenidge Generation shares are owned by institutional investors. 66.9% of Greenidge Generation shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of recent ratings and recommmendations for DoubleDown Interactive and Greenidge Generation, as reported by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
DoubleDown Interactive 0 0 2 0 3.00
Greenidge Generation 0 1 1 0 2.50

DoubleDown Interactive presently has a consensus price target of $22.50, indicating a potential upside of 122.55%. Greenidge Generation has a consensus price target of $10.00, indicating a potential upside of 311.52%. Given Greenidge Generation's higher possible upside, analysts plainly believe Greenidge Generation is more favorable than DoubleDown Interactive.

Valuation & Earnings

This table compares DoubleDown Interactive and Greenidge Generation's top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
DoubleDown Interactive $363.20 million 1.38 $78.11 million $0.53 19.08
Greenidge Generation $107.28 million 0.30 -$44.48 million ($3.93) -0.62

DoubleDown Interactive has higher revenue and earnings than Greenidge Generation. Greenidge Generation is trading at a lower price-to-earnings ratio than DoubleDown Interactive, indicating that it is currently the more affordable of the two stocks.

Summary

DoubleDown Interactive beats Greenidge Generation on 8 of the 13 factors compared between the two stocks.

About DoubleDown Interactive

(Get Rating)

DoubleDown Interactive Co., Ltd. engages in the development and publishing of digital games on mobile and web-based platforms for casual players in South Korea. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and Undead World: Hero Survival games. Its games are primarily distributed, marketed, and promoted through third party platform providers. The company was formerly known as The8Games Co., Ltd. and changed its name to DoubleDown Interactive Co., Ltd. in December 2019. The company was incorporated in 2008 and is headquartered in Seoul, South Korea. DoubleDown Interactive Co., Ltd. operates as a subsidiary of DoubleU Games Co., Ltd.

About Greenidge Generation

(Get Rating)

Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenters in New York and South Carolina. It also owns and operates a 106 MW power generation facility. The company was founded in 1937 and is based in Fairfield, Connecticut.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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