Posted by admin on Jun 19th, 2022

Bit Origin (NASDAQ:BTOG – Get Rating) and Hormel Foods (NYSE:HRL – Get Rating) are both consumer staples companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, risk, institutional ownership, valuation, earnings, analyst recommendations and dividends.

This table compares Bit Origin and Hormel Foods’ net margins, return on equity and return on assets.

Bit Origin has a beta of 0.15, suggesting that its stock price is 85% less volatile than the S&P 500. Comparatively, Hormel Foods has a beta of 0.1, suggesting that its stock price is 90% less volatile than the S&P 500.

0.3% of Bit Origin shares are held by institutional investors. Comparatively, 41.1% of Hormel Foods shares are held by institutional investors. 0.8% of Hormel Foods shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

This table compares Bit Origin and Hormel Foods’ revenue, earnings per share (EPS) and valuation.

Hormel Foods has higher revenue and earnings than Bit Origin.

This is a summary of recent ratings and price targets for Bit Origin and Hormel Foods, as provided by MarketBeat.

Hormel Foods has a consensus price target of $47.83, indicating a potential upside of 7.03%. Given Hormel Foods’ higher possible upside, analysts plainly believe Hormel Foods is more favorable than Bit Origin.

Hormel Foods beats Bit Origin on 10 of the 11 factors compared between the two stocks.

Bit Origin Company Profile (Get Rating)

Bit Origin Limited engages in the wholesale and retail of feed raw material in China. It distributes feed raw materials consisting of soybean meal and soybean oil. The company sells its products to animal husbandry businesses, feed solution manufacturers, and trading companies. The company was formerly known as China Xiangtai Food Co., Ltd. and changed its name to Bit Origin Limited in April 2022. Bit Origin Limited was incorporated in 2018 and is headquartered in Chongqing, China.

Hormel Foods Company Profile (Get Rating)

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

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