Bit Digital (NASDAQ:BTBT – Get Free Report) and Wi-LAN (OTCMKTS:QTRHF – Get Free Report) are both small-cap technology companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, analyst recommendations, earnings, valuation and profitability.
Analyst Recommendations
This is a breakdown of current ratings and recommmendations for Bit Digital and Wi-LAN, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Bit Digital | 1 | 1 | 3 | 0 | 2.40 |
| Wi-LAN | 0 | 0 | 0 | 0 | 0.00 |
Bit Digital currently has a consensus price target of $5.12, suggesting a potential upside of 253.45%. Given Bit Digital’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Bit Digital is more favorable than Wi-LAN.
Risk & Volatility
Profitability
This table compares Bit Digital and Wi-LAN’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Bit Digital | -237.19% | -10.66% | -6.81% |
| Wi-LAN | -31.39% | -53.81% | -25.21% |
Valuation & Earnings
This table compares Bit Digital and Wi-LAN”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Bit Digital | $113.56 million | 4.60 | -$80.32 million | ($1.06) | -1.37 |
| Wi-LAN | $155.17 million | 1.65 | -$54.41 million | ($0.42) | -5.02 |
Wi-LAN has higher revenue and earnings than Bit Digital. Wi-LAN is trading at a lower price-to-earnings ratio than Bit Digital, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership
47.7% of Bit Digital shares are owned by institutional investors. 2.0% of Bit Digital shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Summary
Bit Digital beats Wi-LAN on 10 of the 14 factors compared between the two stocks.
About Bit Digital
Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, New York.
About Wi-LAN
Quarterhill Inc., together with its subsidiaries, operates in intelligent transportation system business in Canada and internationally. The company offers riteSuite, which offers mobility solutions, such as all-electronic tolling, dynamic pricing, agency interoperability, hosted mobility solutions, and machine learning; back-office solutions, which offers account management, customer service, violation processing, and technical services operations; roadside solutions, which offers onsite and remote maintenance and field operations services, including tolling facility support, lane equipment control, and cash management services; and international road dynamics products and services, which offers automated truck weigh stations, toll road systems and equipment, red light and speed enforcement systems, and traffic management and safety systems. It also provides VectorSense, a tire sensor suite; Vehicle Information-In-Motion traffic intelligence system, an integrated traffic control system; permanent Weigh-InMotion systems; portable slow speed Weigh-In-Motion systems; portable wheel load scales; traffic data collection products, vehicle and axle detection equipment, and automated vehicle identification services and equipment; and other hardware and software products and offerings. The company was formerly known as Wi-LAN Inc. and changed its name to Quarterhill Inc. in June 2017. Quarterhill Inc. was incorporated in 1992 and is headquartered in Toronto, Canada.
Receive News & Ratings for Bit Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bit Digital and related companies with MarketBeat.com's FREE daily email newsletter.
