Bakkt (NYSE:BKKT – Get Rating) is one of 427 public companies in the "Prepackaged software" industry, but how does it compare to its rivals? We will compare Bakkt to similar businesses based on the strength of its valuation, profitability, institutional ownership, dividends, earnings, analyst recommendations and risk.
Valuation & Earnings
This table compares Bakkt and its rivals top-line revenue, earnings per share (EPS) and valuation.
Get Bakkt alerts:| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Bakkt | $54.60 million | -$577.40 million | -0.19 |
| Bakkt Competitors | $1.89 billion | $231.40 million | 7.69 |
Bakkt's rivals have higher revenue and earnings than Bakkt. Bakkt is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Profitability
This table compares Bakkt and its rivals' net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Bakkt | -1,054.21% | 68.56% | 61.27% |
| Bakkt Competitors | -59.60% | -99.65% | -10.11% |
Analyst Recommendations
This is a breakdown of current recommendations and price targets for Bakkt and its rivals, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Bakkt | 1 | 1 | 1 | 0 | 2.00 |
| Bakkt Competitors | 1905 | 12683 | 26340 | 605 | 2.62 |
Bakkt presently has a consensus target price of $2.45, indicating a potential upside of 67.81%. As a group, "Prepackaged software" companies have a potential upside of 19.69%. Given Bakkt's higher possible upside, equities analysts plainly believe Bakkt is more favorable than its rivals.
Volatility and Risk
Bakkt has a beta of 4.71, meaning that its share price is 371% more volatile than the S&P 500. Comparatively, Bakkt's rivals have a beta of 0.45, meaning that their average share price is 55% less volatile than the S&P 500.
Institutional and Insider Ownership
8.4% of Bakkt shares are held by institutional investors. Comparatively, 54.1% of shares of all "Prepackaged software" companies are held by institutional investors. 1.7% of Bakkt shares are held by company insiders. Comparatively, 19.2% of shares of all "Prepackaged software" companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Summary
Bakkt rivals beat Bakkt on 9 of the 13 factors compared.
Bakkt Company Profile
(Get Rating)
Bakkt Holdings, Inc. operates a digital asset platform. The company's platform enables consumers to buy, sell, convert, and spend digital assets. Its customers include merchants, retailers, and financial institutions. Bakkt Holdings, Inc. has a strategic alliance with the Global Payments to collaborate on use cases starting with enabling cryptocurrency redemption in customer loyalty programs offered by bankcard clients, as well as expanding its banking-as-a-service offerings to include consumer access to cryptocurrency. The company was founded in 2018 and is headquartered in Alpharetta, Georgia. Bakkt Holdings, Inc. operates as a subsidiary of Intercontinental Exchange Holdings, Inc.
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