Iris Energy (NASDAQ:IREN – Get Free Report) and Mogo (NASDAQ:MOGO – Get Free Report) are both oils/energy companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, dividends, risk, valuation and profitability.
Insider and Institutional Ownership
41.1% of Iris Energy shares are owned by institutional investors. Comparatively, 14.8% of Mogo shares are owned by institutional investors. 21.6% of Iris Energy shares are owned by company insiders. Comparatively, 12.3% of Mogo shares are owned 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.
Profitability
This table compares Iris Energy and Mogo’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Iris Energy | N/A | N/A | N/A |
| Mogo | -22.05% | -15.34% | -6.49% |
Valuation and Earnings
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Iris Energy | $188.76 million | 10.73 | -$28.95 million | N/A | N/A |
| Mogo | $70.32 million | 0.50 | -$13.25 million | ($0.47) | -3.04 |
Mogo has lower revenue, but higher earnings than Iris Energy.
Volatility & Risk
Iris Energy has a beta of 3.39, indicating that its share price is 239% more volatile than the S&P 500. Comparatively, Mogo has a beta of 2.81, indicating that its share price is 181% more volatile than the S&P 500.
Analyst Recommendations
This is a summary of recent recommendations and price targets for Iris Energy and Mogo, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Iris Energy | 0 | 1 | 9 | 1 | 3.00 |
| Mogo | 0 | 0 | 1 | 0 | 3.00 |
Iris Energy currently has a consensus price target of $15.44, suggesting a potential upside of 43.27%. Mogo has a consensus price target of $6.00, suggesting a potential upside of 319.58%. Given Mogo’s higher probable upside, analysts plainly believe Mogo is more favorable than Iris Energy.
Summary
Iris Energy beats Mogo on 10 of the 12 factors compared between the two stocks.
About Iris Energy
Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.
About Mogo
Mogo Inc. operates as a digital finance company in Canada, Europe, and internationally. The company's digital solutions help build wealth and achieve financial freedom. It provides MogoTrade, a stock trading app; Moka; and MogoMoney that provides online personal loans. The company also offers digital loans and mortgages; and operates a digital payments platform that powers next-generation card programs for both global corporations and fintech companies in Europe and Canada. Mogo Inc. is headquartered in Vancouver, Canada.
Receive News & Ratings for Iris Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iris Energy and related companies with MarketBeat.com's FREE daily email newsletter.
