Acuity Brands vs HIVE Blockchain Technologies Which Is More Promising?
Acuity Brands and HIVE Blockchain Technologies are two companies operating in very different industries but both are considered leaders in their respective fields. Acuity Brands, a lighting and building management solutions provider, is a well-established company with a strong track record of innovation and profitability. On the other hand, HIVE Blockchain Technologies is a rapidly growing player in the cryptocurrency and blockchain sector, capitalizing on the increasing popularity of digital currencies. Both stocks offer unique investment opportunities for investors seeking exposure to different sectors of the market.
Acuity Brands or HIVE Blockchain Technologies?
When comparing Acuity Brands and HIVE Blockchain Technologies, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Acuity Brands and HIVE Blockchain Technologies.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Acuity Brands has a dividend yield of 0.22%, while HIVE Blockchain Technologies has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Acuity Brands reports a 5-year dividend growth of 0.00% year and a payout ratio of 4.31%. On the other hand, HIVE Blockchain Technologies reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Acuity Brands P/E ratio at 24.89 and HIVE Blockchain Technologies's P/E ratio at -18.34. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Acuity Brands P/B ratio is 4.42 while HIVE Blockchain Technologies's P/B ratio is 2.13.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Acuity Brands has seen a 5-year revenue growth of 0.38%, while HIVE Blockchain Technologies's is 3.87%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Acuity Brands's ROE at 19.11% and HIVE Blockchain Technologies's ROE at -15.17%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $329.31 for Acuity Brands and $4.92 for HIVE Blockchain Technologies. Over the past year, Acuity Brands's prices ranged from $174.67 to $334.66, with a yearly change of 91.60%. HIVE Blockchain Technologies's prices fluctuated between $2.18 and $5.74, with a yearly change of 163.30%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.