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Reviewing Argo Blockchain (NASDAQ:ARBK) & Greenidge Generation (NASDAQ:GREE)

Defense World ·  Sep 20, 2022 01:41

Greenidge Generation (NASDAQ:GREE – Get Rating) and Argo Blockchain (NASDAQ:ARBK – Get Rating) are both small-cap business services companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, dividends, analyst recommendations, profitability and earnings.

Earnings and Valuation

This table compares Greenidge Generation and Argo Blockchain's top-line revenue, earnings per share and valuation.

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Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Greenidge Generation $107.28 million 0.27 -$44.48 million ($3.93) -0.55
Argo Blockchain $102.04 million 2.04 $42.31 million N/A N/A

Argo Blockchain has lower revenue, but higher earnings than Greenidge Generation.

Institutional & Insider Ownership

23.8% of Greenidge Generation shares are held by institutional investors. Comparatively, 1.9% of Argo Blockchain shares are held by institutional investors. 66.9% of Greenidge Generation shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Greenidge Generation and Argo Blockchain, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Greenidge Generation 0 1 1 0 2.50
Argo Blockchain 0 1 7 0 2.88

Greenidge Generation currently has a consensus price target of $10.00, suggesting a potential upside of 362.96%. Argo Blockchain has a consensus price target of $14.38, suggesting a potential upside of 230.46%. Given Greenidge Generation's higher probable upside, analysts clearly believe Greenidge Generation is more favorable than Argo Blockchain.

Profitability

This table compares Greenidge Generation and Argo Blockchain's 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%
Argo Blockchain N/A N/A N/A

Summary

Greenidge Generation beats Argo Blockchain on 6 of the 11 factors compared between the two stocks.

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.

About Argo Blockchain

(Get Rating)

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is headquartered in London, the United Kingdom.

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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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