Bit Digital (NASDAQ:BTBT) versus Quhuo (NASDAQ:QH) Financial Analysis

Quhuo (NASDAQ:QH) and Bit Digital (NASDAQ:BTBT) are both business services companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, profitability, valuation, institutional ownership, risk, earnings and analyst recommendations.

Volatility and Risk

Quhuo has a beta of 0.32, indicating that its stock price is 68% less volatile than the S&P 500. Comparatively, Bit Digital has a beta of 3.94, indicating that its stock price is 294% more volatile than the S&P 500.

Earnings and Valuation

This table compares Quhuo and Bit Digital”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Quhuo	$417.42 million	N/A	$370,000.00	N/A	N/A
Bit Digital	$108.05 million	5.33	$28.31 million	$0.42	4.24

Bit Digital has lower revenue, but higher earnings than Quhuo.

Profitability

This table compares Quhuo and Bit Digital’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Quhuo	N/A	N/A	N/A
Bit Digital	127.61%	-7.11%	-6.23%

Insider and Institutional Ownership

0.2% of Quhuo shares are owned by institutional investors. Comparatively, 47.7% of Bit Digital shares are owned by institutional investors. 33.1% of Quhuo shares are owned by company insiders. Comparatively, 1.8% of Bit Digital shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current recommendations for Quhuo and Bit Digital, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Quhuo	1	0	0	0	1.00
Bit Digital	0	2	1	0	2.33

Bit Digital has a consensus target price of $6.00, suggesting a potential upside of 237.08%. Given Bit Digital’s stronger consensus rating and higher probable upside, analysts clearly believe Bit Digital is more favorable than Quhuo.

Summary

Bit Digital beats Quhuo on 7 of the 11 factors compared between the two stocks.

About Quhuo

Quhuo Limited, through its subsidiaries, operates a gig economy platform in the People’s Republic of China. The company offers on-demand delivery solutions focusing on preparing food and deliver of other items, such as grocery and fresh food; and mobility services solutions comprise ride-hailing solutions, shared-bike maintenance, freight service, and vehicle export solutions. It also provides housekeeping solutions for hotels and other services, including maintenance services for short-term rental properties. In addition, the company offers Quhuo+, a logistics support and training software, as well as to manage delivery riders. Further, it engages in the development of computer software and applications; and bed and breakfast operations. The company was founded in 2012 and is based in Beijing, the People’s Republic of China.

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.