Core Scientific (CORZ) and The Competition Financial Contrast

Core Scientific (NASDAQ:CORZ – Get Free Report) is one of 109 publicly-traded companies in the “Nondepository credit institutions” industry, but how does it compare to its rivals? We will compare Core Scientific to similar companies based on the strength of its valuation, profitability, risk, earnings, dividends, institutional ownership and analyst recommendations.

Institutional & Insider Ownership

33.8% of shares of all “Nondepository credit institutions” companies are held by institutional investors. 32.0% of Core Scientific shares are held by company insiders. Comparatively, 23.6% of shares of all “Nondepository credit institutions” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Core Scientific and its rivals’ net margins, return on equity and return on assets.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Core Scientific and its rivals, as reported by MarketBeat.

Core Scientific presently has a consensus target price of $18.38, indicating a potential upside of 3.81%. As a group, “Nondepository credit institutions” companies have a potential downside of 7.15%. Given Core Scientific’s stronger consensus rating and higher probable upside, equities analysts plainly believe Core Scientific is more favorable than its rivals.

Earnings and Valuation

This table compares Core Scientific and its rivals gross revenue, earnings per share and valuation.

Core Scientific’s rivals have higher revenue and earnings than Core Scientific. Core Scientific 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.

Summary

Core Scientific beats its rivals on 8 of the 11 factors compared.

About Core Scientific

(Get Free Report)

Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment. In addition, the company provides electrical power, repair, and other infrastructure services to operate, maintain, and earn digital assets; and sells mining equipment to customers. Core Scientific, Inc. was founded in 2017 and is headquartered in Dover, Delaware.