Mercurity Fintech (NASDAQ:MFH – Get Free Report) and Core Scientific (NASDAQ:CORZ – Get Free Report) are both business services companies, but which is the better investment? We will contrast the two companies based on the strength of their risk, earnings, analyst recommendations, institutional ownership, valuation, dividends and profitability.
Analyst Recommendations
This is a summary of current ratings and recommmendations for Mercurity Fintech and Core Scientific, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Mercurity Fintech | 0 | 0 | 0 | 0 | 0.00 |
Core Scientific | 0 | 0 | 13 | 1 | 3.07 |
Core Scientific has a consensus target price of $18.38, suggesting a potential upside of 1.52%. Given Core Scientific’s stronger consensus rating and higher probable upside, analysts clearly believe Core Scientific is more favorable than Mercurity Fintech.
Earnings & Valuation
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Mercurity Fintech | $450,000.00 | 797.42 | -$9.36 million | N/A | N/A |
Core Scientific | $502.40 million | 10.07 | -$1.51 billion | ($5.41) | -3.35 |
Mercurity Fintech has higher earnings, but lower revenue than Core Scientific.
Institutional & Insider Ownership
30.8% of Mercurity Fintech shares are held by institutional investors. 62.8% of Mercurity Fintech shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Profitability
This table compares Mercurity Fintech and Core Scientific’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Mercurity Fintech | N/A | N/A | N/A |
Core Scientific | N/A | N/A | N/A |
Summary
Core Scientific beats Mercurity Fintech on 5 of the 9 factors compared between the two stocks.
About Mercurity Fintech
Mercurity Fintech Holding Inc. operates as a fintech company powered by blockchain. The company provides digital asset trading infrastructure solutions based on internet and blockchain technologies for cryptocurrency traders; and asset digitalization platform, which offers blockchain-based digitalization solutions for traditional assets, such as fiat currencies, bonds, and precious metals. It also offers cryptocurrency mining services that provides computing power to the mining pool; and digital consultation services, such as digital payment solutions, asset management, and online and traditional brokerage services. The company was formerly known as JMU Limited and changed its name to Mercurity Fintech Holding Inc. in April 2020. Mercurity Fintech Holding Inc. was incorporated in 2011 and is headquartered in New York, New York.
About Core Scientific
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.
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