CleanSpark (NASDAQ:CLSK – Get Free Report) and Coinbase Global (NASDAQ:COIN – Get Free Report) are both finance companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, analyst recommendations, valuation, dividends, risk, profitability and institutional ownership.
Institutional & Insider Ownership
43.1% of CleanSpark shares are held by institutional investors. Comparatively, 68.8% of Coinbase Global shares are held by institutional investors. 3.0% of CleanSpark shares are held by company insiders. Comparatively, 23.4% of Coinbase Global shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Analyst Recommendations
This is a breakdown of recent ratings for CleanSpark and Coinbase Global, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
CleanSpark | 0 | 0 | 6 | 0 | 3.00 |
Coinbase Global | 1 | 9 | 10 | 0 | 2.45 |
Earnings and Valuation
This table compares CleanSpark and Coinbase Global”s revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
CleanSpark | $378.97 million | 8.34 | -$145.78 million | ($0.58) | -18.62 |
Coinbase Global | $5.25 billion | 12.92 | $94.87 million | $5.86 | 46.19 |
Coinbase Global has higher revenue and earnings than CleanSpark. CleanSpark is trading at a lower price-to-earnings ratio than Coinbase Global, indicating that it is currently the more affordable of the two stocks.
Risk & Volatility
CleanSpark has a beta of 4.16, suggesting that its share price is 316% more volatile than the S&P 500. Comparatively, Coinbase Global has a beta of 3.57, suggesting that its share price is 257% more volatile than the S&P 500.
Profitability
This table compares CleanSpark and Coinbase Global’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
CleanSpark | -38.47% | -2.36% | -2.18% |
Coinbase Global | 29.76% | 14.81% | 0.41% |
Summary
Coinbase Global beats CleanSpark on 11 of the 14 factors compared between the two stocks.
About CleanSpark
CleanSpark, Inc. operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.
About Coinbase Global
Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions. It also provides technology and services that enable developers to build crypto products and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware.
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