Soluna (NASDAQ:SLNH – Get Free Report) is one of 97 publicly-traded companies in the “Nondepository credit institutions” industry, but how does it compare to its rivals? We will compare Soluna to related companies based on the strength of its earnings, risk, valuation, institutional ownership, analyst recommendations, profitability and dividends.
Earnings and Valuation
This table compares Soluna and its rivals revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Soluna | $21.07 million | -$29.20 million | -0.05 |
Soluna Competitors | $3.09 billion | $425.87 million | 17.02 |
Soluna’s rivals have higher revenue and earnings than Soluna. Soluna is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Analyst Ratings
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Soluna | 0 | 0 | 0 | 0 | N/A |
Soluna Competitors | 397 | 1537 | 2308 | 72 | 2.48 |
As a group, “Nondepository credit institutions” companies have a potential upside of 7.41%. Given Soluna’s rivals higher probable upside, analysts clearly believe Soluna has less favorable growth aspects than its rivals.
Institutional & Insider Ownership
23.2% of Soluna shares are owned by institutional investors. Comparatively, 34.8% of shares of all “Nondepository credit institutions” companies are owned by institutional investors. 22.0% of Soluna shares are owned by insiders. Comparatively, 22.3% of shares of all “Nondepository credit institutions” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Risk and Volatility
Soluna has a beta of 2.65, suggesting that its stock price is 165% more volatile than the S&P 500. Comparatively, Soluna’s rivals have a beta of 5.67, suggesting that their average stock price is 467% more volatile than the S&P 500.
Profitability
This table compares Soluna and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Soluna | -138.62% | -47.43% | -28.17% |
Soluna Competitors | -38.99% | -69.88% | -0.27% |
Summary
Soluna rivals beat Soluna on 9 of the 10 factors compared.
Soluna Company Profile
Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centers. The company operates through two segments, Cryptocurrency Mining and Data Center Hosting. It also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. The company was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. Soluna Holdings, Inc. was incorporated in 1961 and is headquartered in Albany, New York.
Receive News & Ratings for Soluna Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Soluna and related companies with MarketBeat.com's FREE daily email newsletter.