Analyzing Bitcoin Depot (NASDAQ:BTM) & Qifu Technology (NASDAQ:QFIN)
Bitcoin Depot (NASDAQ:BTM – Get Free Report) and Qifu Technology (NASDAQ:QFIN – Get Free Report) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, risk, analyst recommendations, dividends, earnings, profitability and institutional ownership. Earnings and Valuation This table compares Bitcoin Depot […] Analyzing Bitcoin Depot (NASDAQ:BTM) and Qifu Technology (NASdaq:QFIN) to determine which is the superior investment. This table compares the two companies based on the strength of their valuation, risk, analyst recommendations, dividends, earnings, profitability and institutional ownership. Bitcoin Depot currently has a consensus price target of $7.50 and QIFu Technology has a potential upside of 189.58%. Both companies have strong institutional ownership, with 64.2% of shares held by institutional investors and 20.1% of Bitcoin Depot shares are held by insiders. QifU Technology, Inc., operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China and serves financial institutions, consumers, and small- and micro-enterprises.
Published : 2 years ago by Defense World Staff in Finance
Bitcoin Depot (NASDAQ:BTM – Get Free Report) and Qifu Technology (NASDAQ:QFIN – Get Free Report) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, risk, analyst recommendations, dividends, earnings, profitability and institutional ownership.
This table compares Bitcoin Depot and Qifu Technology’s revenue, earnings per share and valuation.
Qifu Technology has higher revenue and earnings than Bitcoin Depot.
This table compares Bitcoin Depot and Qifu Technology’s net margins, return on equity and return on assets.
This is a summary of current ratings and target prices for Bitcoin Depot and Qifu Technology, as reported by MarketBeat.
Bitcoin Depot currently has a consensus price target of $7.50, indicating a potential upside of 189.58%. Qifu Technology has a consensus price target of $25.20, indicating a potential upside of 53.47%. Given Bitcoin Depot’s higher probable upside, analysts plainly believe Bitcoin Depot is more favorable than Qifu Technology.
16.8% of Bitcoin Depot shares are held by institutional investors. Comparatively, 64.2% of Qifu Technology shares are held by institutional investors. 20.1% of Bitcoin Depot shares are held by insiders. Comparatively, 17.1% of Qifu Technology shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Qifu Technology beats Bitcoin Depot on 7 of the 11 factors compared between the two stocks.
Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. It provides users to buy and sell bitcoin, litecoin, and ethereum cryptocurrencies; and engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering and through its website over the counter trade. The company was founded in 2016 and is headquartered in Atlanta, Georgia. Bitcoin Depot Inc. is a subsidiary of BT Assets, Inc.
Qifu Technology, Inc., through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service. The company also offers e-commerce loans, enterprise loans, and invoice loans to SME owners. It serves financial institutions, consumers, and small- and micro-enterprises. The company was formerly known as 360 DigiTech, Inc. and changed its name to Qifu Technology, Inc. in March 2023. The company was founded in 2016 and is headquartered in Shanghai, the People's Republic of China.
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Topics: Markets, Bitcoin, Cryptocurrency, NASDAQ