Financial Survey: Greenidge Generation (GREE) versus Its Peers

Greenidge Generation (NASDAQ:GREEGet Rating) is one of 147 public companies in the “Data processing & preparation” industry, but how does it weigh in compared to its rivals? We will compare Greenidge Generation to related businesses based on the strength of its valuation, institutional ownership, profitability, analyst recommendations, earnings, risk and dividends.

Profitability

This table compares Greenidge Generation and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Greenidge Generation -105.74% 6.12% 3.32%
Greenidge Generation Competitors -69.16% -1,484.70% -12.14%

Analyst Ratings

This is a summary of recent ratings for Greenidge Generation and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Greenidge Generation 0 1 1 0 2.50
Greenidge Generation Competitors 385 2560 4717 60 2.58

Greenidge Generation presently has a consensus price target of $10.00, indicating a potential upside of 365.12%. As a group, “Data processing & preparation” companies have a potential upside of 56.95%. Given Greenidge Generation’s higher possible upside, analysts clearly believe Greenidge Generation is more favorable than its rivals.

Earnings & Valuation

This table compares Greenidge Generation and its rivals revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Greenidge Generation $107.28 million -$44.48 million -0.55
Greenidge Generation Competitors $889.86 million $6.56 million -13.89

Greenidge Generation’s rivals have higher revenue and earnings than Greenidge Generation. Greenidge Generation is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Institutional and Insider Ownership

23.8% of Greenidge Generation shares are held by institutional investors. Comparatively, 43.6% of shares of all “Data processing & preparation” companies are held by institutional investors. 66.9% of Greenidge Generation shares are held by insiders. Comparatively, 21.0% of shares of all “Data processing & preparation” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Greenidge Generation rivals beat Greenidge Generation on 7 of the 12 factors compared.

About Greenidge Generation

(Get Rating)

Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenters in New York and South Carolina. It also owns and operates a 106 MW power generation facility. The company was founded in 1937 and is based in Fairfield, Connecticut.

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