Hut 8 (NASDAQ:HUT) versus ProGreen Properties (OTCMKTS:PGUS) Critical Contrast

Hut 8 (NASDAQ:HUT) and ProGreen Properties (OTCMKTS:PGUS) are both finance companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, risk, profitability, earnings, analyst recommendations, institutional ownership and valuation.

Analyst Ratings

This is a summary of current ratings and price targets for Hut 8 and ProGreen Properties, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hut 8	0	1	16	2	3.05
ProGreen Properties	0	0	0	0	0.00

Hut 8 presently has a consensus target price of $56.76, suggesting a potential downside of 5.46%. Given ProGreen Properties’ higher possible upside, analysts clearly believe ProGreen Properties is more favorable than Hut 8.

Profitability

This table compares Hut 8 and ProGreen Properties’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hut 8	115.39%	8.06%	5.18%
ProGreen Properties	N/A	N/A	N/A

Earnings and Valuation

This table compares Hut 8 and ProGreen Properties”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Hut 8	$162.38 million	39.95	$331.88 million	($0.39)	-153.95
ProGreen Properties	N/A	N/A	N/A	N/A	N/A

Hut 8 has higher revenue and earnings than ProGreen Properties.

Insider & Institutional Ownership

31.8% of Hut 8 shares are held by institutional investors. 11.2% of Hut 8 shares are held by company insiders. Comparatively, 4.3% of ProGreen Properties shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Hut 8 beats ProGreen Properties on 9 of the 10 factors compared between the two stocks.

About Hut 8

Hut 8 Corp., together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other. The company mines Bitcoin. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services for digital asset mining site owners, governments, and data center developers. In addition, the company provides colocation, cloud, and connectivity services; hosting services, which include the provision of mining equipment and space, as well as monitors, troubleshoots, repairs, and maintains customer mining equipment; and equipment sales and repair services. Hut 8 Corp. was founded in 2017 and is based in Miami, Florida.

About ProGreen Properties

ProGreen US, Inc., together with its subsidiaries, focuses on agricultural operations and residential real estate development activities in Baja California, Mexico. The company was formerly known as ProGreen Properties, Inc. and changed its name to ProGreen US, Inc. in July 2016. ProGreen US, Inc. was founded in 1982 and is based in San Diego, California.