Allbirds (NASDAQ:BIRD – Get Free Report) and Bit Digital (NASDAQ:BTBT – Get Free Report) are both small-cap technology companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, valuation, institutional ownership, earnings, dividends, profitability and analyst recommendations.
Insider & Institutional Ownership
44.1% of Allbirds shares are held by institutional investors. Comparatively, 47.7% of Bit Digital shares are held by institutional investors. 18.8% of Allbirds shares are held by company insiders. Comparatively, 2.0% of Bit Digital shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Valuation & Earnings
This table compares Allbirds and Bit Digital”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Allbirds | $155.22 million | 0.14 | -$77.28 million | ($8.99) | -0.27 |
| Bit Digital | $113.56 million | 2.99 | -$80.32 million | ($1.06) | -0.89 |
Allbirds has higher revenue and earnings than Bit Digital. Bit Digital is trading at a lower price-to-earnings ratio than Allbirds, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk
Allbirds has a beta of 2.6, meaning that its stock price is 160% more volatile than the S&P 500. Comparatively, Bit Digital has a beta of 3.84, meaning that its stock price is 284% more volatile than the S&P 500.
Profitability
This table compares Allbirds and Bit Digital’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Allbirds | -72.82% | -231.86% | -81.53% |
| Bit Digital | -237.19% | -10.66% | -6.81% |
Analyst Recommendations
This is a breakdown of recent ratings for Allbirds and Bit Digital, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Allbirds | 1 | 1 | 0 | 0 | 1.50 |
| Bit Digital | 1 | 1 | 4 | 1 | 2.71 |
Bit Digital has a consensus target price of $4.38, indicating a potential upside of 364.44%. Given Bit Digital’s stronger consensus rating and higher possible upside, analysts plainly believe Bit Digital is more favorable than Allbirds.
Summary
Bit Digital beats Allbirds on 10 of the 15 factors compared between the two stocks.
About Allbirds
Allbirds, Inc. manufactures and sells footwear and apparel products for men and women in the United States and internationally. The company offers a range of lifestyle and performance shoes; and apparel, including classic tees and sweats, socks, and underwear. It sells its products through its retail stores, as well as online. The company was formerly known as Bozz, Inc. and changed its name to Allbirds, Inc. in December 2015. Allbirds, Inc. was incorporated in 2015 and is headquartered in San Francisco, California.
About Bit Digital
Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, New York.
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