Greenidge Generation (NASDAQ:GREE – Get Rating) is one of 147 public companies in the "Data processing & preparation" industry, but how does it contrast to its peers? We will compare Greenidge Generation to similar companies based on the strength of its analyst recommendations, dividends, institutional ownership, profitability, earnings, valuation and risk.
Analyst Ratings
This is a summary of recent recommendations for Greenidge Generation and its peers, as reported by MarketBeat.com.
Get Greenidge Generation alerts:| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Greenidge Generation | 0 | 1 | 1 | 0 | 2.50 |
| Greenidge Generation Competitors | 385 | 2555 | 4708 | 60 | 2.58 |
Greenidge Generation currently has a consensus target price of $10.00, suggesting a potential upside of 356.62%. As a group, "Data processing & preparation" companies have a potential upside of 52.81%. Given Greenidge Generation's higher possible upside, equities analysts clearly believe Greenidge Generation is more favorable than its peers.
Earnings and Valuation
This table compares Greenidge Generation and its peers gross revenue, earnings per share and valuation.| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Greenidge Generation | $107.28 million | -$44.48 million | -0.56 |
| Greenidge Generation Competitors | $889.44 million | $6.56 million | -14.12 |
Greenidge Generation's peers have higher revenue and earnings than Greenidge Generation. Greenidge Generation 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
23.8% of Greenidge Generation shares are owned by institutional investors. Comparatively, 44.5% of shares of all "Data processing & preparation" companies are owned by institutional investors. 66.9% of Greenidge Generation shares are owned by insiders. Comparatively, 21.0% of shares of all "Data processing & preparation" companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Profitability
This table compares Greenidge Generation and its peers' net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Greenidge Generation | -105.74% | 6.12% | 3.32% |
| Greenidge Generation Competitors | -63.44% | -1,497.71% | -11.32% |
Summary
Greenidge Generation peers beat Greenidge Generation on 7 of the 12 factors compared.
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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