MARA stock is a Hold. Wall Street analysts also predicted that in 2024, the companys y-o-y revenues would reach $395.81 million, representing an increase of 236.10% from the revenues reported in the last years results. Also notable is Ashu Swami, the Chief Technology Officer, an experienced chip designer, crypto and DeFi expert. These risks could impact the company's ability to mine digital assets and generate revenue. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. In December 2020, Marathon Digital Holdings completed a public offering of common stock, raising $250 million in net proceeds. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. Like most ratios, this number will vary from industry to industry. According to the average forecast, sales growth in current quarter could jump down -5.30%, compared to the corresponding quarter of last year. Seeing a stock's EPS change over 1 week is important. Each bar represents the previous year of ratings for that month. Is MARA Stock a Buy or Sell? While the F1 consensus estimate and revision is a key driver of stock prices, the Q1 consensus is an important item as well, especially over the short-term, and particularly as a stock approaches its earnings date. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Marathon Digital's mailing address is 1180 North Town Center Drive Suite 100, LAS VEGAS NV, 89144. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. Macau Casinos Are Hot: Is MGM Resorts The Play? It is used to help gauge a company's financial health. There is a sell signal from a pivot top found 1 day ago.). Aside from using absolute numbers, however, you can also find value by comparing the P/E ratio to its relevant industry and its peers. The Stock That Is Flying Under Wall St. Radar (Ad). The scores are based on the trading styles of Value, Growth, and Momentum. Over the last 12 months, Marathon Digital's shares have ranged in value from as little as $3.11 up to $23.81. Marathon Digital Holdings, Inc. (MARA) Shareholder Alert: Robbins LLP Reminds Investors of Class Action Against Marathon Digital Holdings, Inc. Marathon Digital Holdings, Inc. (NASDAQ:MARA) Expected to Post Q1 2023 Earnings of ($0.10) Per Share, Unusual Call Option Trade in Marathon Digital Holdings (MARA) Worth $280.50K, Marathon Digital Holdings Unusual Options Activity For April 05, view top-rated stocks among Wall Street analysts, First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT), Fidelity Crypto Industry and Digital Payments ETF (FDIG), Invesco Alerian Galaxy Crypto Economy ETF (SATO), 1180 North Town Center Drive Suite 100, LAS VEGAS NV, 89144. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. Who are Marathon Digital's major shareholders? The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. This item is updated at 9 pm EST each day. Fred Thiel previously worked as Marathon's Lead Independent Director. About Marathon Digital Holdings, Inc. 1180 NORTH TOWN CENTER DRIVE SUITE 100, LAS VEGAS, Nevada, 89144, United States +1 702 945-2773 https://www.marathonpg.com. Export data to Excel for your own analysis. The company. View Marathon Digital Holdings, Inc MARA investment & stock information. Get short term trading ideas from the MarketBeat Idea Engine. In general, a lower number or multiple is usually considered better that a higher one. Today's volume. Macau Casinos Are Hot: Is MGM Resorts The Play? Zacks Ranks stocks can, and often do, change throughout the month. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Referring to stocks 52-week performance, its high was $22.58, and the low was $3.11. to move between $10.45 and $12.45, . (0.01%) and Allspring Global Investments Holdings LLC (0.01%). Can Garrett Motion Turbocharge A Short Squeeze? The Zacks database contains over 10,000 stocks. MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. When is Marathon Digital's next earnings date? Shares of cryptocurrency miner Marathon Digital Holdings ( MARA -8.39%) had sunk more than 20% by late afternoon on Monday, erasing nearly all the gains it had seen since the beginning of the . Marathon Digital Holdings Inc. (NASDAQ:MARA) shares, rose in value on Thursday, 04/13/23, with the stock price up by 15.78% to the previous days close as strong demand from buyers drove the stock to $11.52. The consensus among Wall Street analysts is that investors should "hold" MARA shares. The official website for the company is www.marathonpg.com. We see that MARAs technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. According to 14 analysts, the average rating for MARA stock is "Buy." The 12-month stock price forecast is $12.58, which is an increase of 51.38% from the latest price. Actively observing the price movement in the last trading, the stock closed the session at $9.95, falling within a range of $10.37 and $11.69. The Momentum Score takes all of this and more into account. Also, by looking at the rate of this item, rather than the actual dollar value, it makes for easier comparisons across the industry and peers. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. ZacksTrade and Zacks.com are separate companies. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. MARA Stock Chart & Stats. 7:58 PM ET. The (F1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 4 weeks. A strong cash flow is important for covering interest payments, particularly for highly leveraged companies. The company is also subject to operational risks, such as cybersecurity threats, equipment failure and electricity and internet connectivity availability. Get daily stock ideas from top-performing Wall Street analysts. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. Like the earnings yield, which shows the anticipated yield (or return) on a stock based on the earnings and the price paid, the cash yield does the same, but with cash being the numerator instead of earnings. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. Current Cash Flow Growth measures the percent change in the year over year Cash Flow. Learn more about Zacks Equity Research reports. While the one year change shows the current conditions, the longer look-back period shows how this metric has changed over time and helps put the current reading into proper perspective. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Data on historical trading for Marathon Digital Holdings Inc. (NASDAQ:MARA) indicates that the trading volumes over the past 10 days have averaged 33.97 million and over the past 3 months, theyve averaged 36.14 million. The VGM score is based on the trading styles of Growth, VAlue, and Momentum. Return on Equity (or ROE) is calculated as income divided by average shareholder equity (past 12 months, including reinvested earnings). Other notable executive management team members include Hugh Gallagher, the Chief Financial Officer with over thirty years of experience in capital markets, investment analysis and treasury management. It measures a company's ability to pay short-term obligations. Carvana (NYSE:CVNA), an online used car retailer, is one of the most significantly shorted stocks in the market right now. The Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. Earnings for Marathon Digital are expected to grow in the coming year, from ($0.01) to $0.29 per share. Upgrade to MarketBeat All Access to add more stocks to your watchlist. $1.71B. According to analysts, Marathon Digital's stock has a predicted upside of 29.00% based on their 12-month price targets. Follow. The company's gross profit margins have improved over time, but the company's blended profit margin since the IPO is about -180%. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. After reaching an all-time high of $49.41, the . . Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. MARA Stock Price - Marathon Digital Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets. In the past three months, Marathon Digital insiders have not sold or bought any company stock. Conventional wisdom also has it that if the yield on the stock market (S&P 500 for example) is lower that the yield on the 10 Yr., then stocks would be considered overvalued. As of the 2023-04-17, the market capitalization of Marathon Patent is 937.073M. A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). The dark blue line represents the company's actual price. Conversely, if the yield on stocks is higher than the 10 Yr., then stocks would be considered undervalued. What is Marathon Digital's stock price today? This is also referred to as the cash yield. Sign-up to receive the latest news and ratings for MARA and its competitors with MarketBeat's FREE daily newsletter. StockInvest.us is a research service that provides financial data and technical analysis of publicly traded stocks. Get short term trading ideas from the MarketBeat Idea Engine. The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. The change is made all the more important the closer proximity it is to the stock's earnings date since it is generally believed that the most recent estimates are the most accurate since it's using the most up-to-date information leading up to the report. Some investors seek out stocks with the best percentage price change over the last 52 weeks, expecting that momentum to continue. Their MARA share price forecasts range from $4.00 to $21.00. With The Founder OF XPO Logistics Leading The Way This Nasdaq Company is Ready and GOING! Zacks' proprietary data indicates that Marathon Digital Holdings, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the MARA shares relative to the market in the next few months. The stocks technical analysis shows that the PEG ratio is about 0, with the price of MARA currently trading nearly 39.98% and 56.70% away from the simple moving averages for 20 and 50 days respectively. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". Save my name, email, and website in this browser for the next time I comment. In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). Zacks Style Scores Education - Learn more about the Zacks Style Scores. A higher number is better than a lower number. It's typically categorized as a valuation metric and is most often quoted as Cash Flow per Share and as a Price to Cash flow ratio. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. Marathon Digital trades on the NASDAQ under the ticker symbol "MARA.". If you insist on only owning stocks representing currently profitable businesses, then MARA stock isn't for you. If a company's expenses are growing faster than their sales, this will reduce their margins. What's the current price of Marathon Patent Stock? About Marathon Digital Holdings (MARA) Marathon Digital Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets. Click Here to Download the FREE Report. financial data for more than 25 000 publicly traded companies based on our calculated For the last week, the stock has had daily average volatility of 11.02%. Marathon Digital Holdings has experienced growth issues since its inception, with the stock price dropping from its IPO price of $100 to around $8. Export data to Excel for your own analysis. In March and April, MARA and bitcoin surged to new highs and when the price of bitcoin came down in . Please read the full disclaimer here. Receive MARA Stock News and Ratings via Email. Required fields are marked *. It is the most commonly used metric for determining a company's value relative to its earnings. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. While our testing has found that a P/S ratio of <2 is the optimum range for returns, be sure to compare this ratio to its respective industry. Which Marathon Digital major shareholders have been selling company stock? Cash flow itself is an important item on the income statement. Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. On the whole, MARA has fluctuated by 61.57% over the past month. All rights reserved. So be sure to compare it to its group when comparing stocks in different industries. On the last day, trading volume decreased -25 million shares, with a total of 29 million shares traded for a total of $332.92 million. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. On average, they anticipate the company's stock price to reach $11.78 in the next year. Marathon Digital Holdings' (NASDAQ: MARA) stock plunged 27% on Nov. 15 after the Bitcoin (CRYPTO: BTC) mining company made two surprising announcements. contact@marketbeat.com Value Style - Learn more about the Value Style. Analysts are predicting Marathon Digital to surge as high as $20 per share this year, up +185% from its current share price of $7.03. See rankings and related performance below. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. During the day, the stock fluctuated 6.59%, ranging from $10.93 to $11.65. The current analyst consensus for MARA stock is a 'BUY'. It focuses on increasing its Bitcoin mining hash rate and infrastructure capacity with high . Current score: Enterprise software stocks are also on watch. For example, a P/S ratio of 0.5 means you're paying 50 cents for every $1 of sales the company makes. The company's leadership team comprises experienced professionals with finance, law and technology backgrounds. If the Bitcoin network experiences significant disruptions or a decline in popularity, it could negatively impact the company's revenue and profitability. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Given the current short-term trend, the stock is expected to rise 19.06% during the next 3 months and, with a 90% probability hold a price between $7.28 and $14.29 at the end of this 3-month period. One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. But they all have their place in the Growth style. Share your opinion and gain insight from other stock traders and investors. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Please log in to your account or sign up in order to add this asset to your watchlist. This shows the percentage of profit a company earns on its sales. For example, a regional bank would be classified in the Finance Sector. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Shareholder Equity (which is the difference between Total Assets and Total Liabilities) can be found on the Balance Sheet. Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. Nearly 0.20% of Marathon Digital Holdings Inc.s shares belong to company insiders and institutional investors own 37.50% of the companys shares. During this period, the stock has surged by 8,644%. The number of shares owned by shareholders was adjusted after the market closes on Friday, October 27th 2017. These are the best growth stocks to buy for 2023 with the business . In 2020 Marathon Patent Group changed its name to Marathon Digital Holdings Inc.It partnered with the Hardin Generating Station Montana coal plant to power the adjacently constructed Marathon bitcoin mining center. The data on short interest also indicates that stock shorts accounted for 45.34 million shares as on Mar 14, 2023, resulting in a short ratio of 1.37. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. Marathon Digital does not have a long track record of dividend growth. Like the P/E ratio, a lower number is considered better. Marathon Digital has a Moderate Buy consensus rating based on two Buys, one Hold rating, and zero Sell ratings assigned over the last three months. Earnings estimate revisions are the most important factor influencing stocks prices. The 1-4 reverse split was announced on Friday, October 27th 2017. Get actionable alerts from top Wall Street Analysts. Benzinga explains whether you should buy Marathon Digital Holdings (NASDAQ: MARA) stock or not, reviewing the company, the stock's performance, technical indicators and more. It's calculated as earnings divided by price. Marathon Digital's stock was trading at $3.42 on January 1st, 2023. Year-over-year quarterly sales growth most recently was -58.8%. Please log in to your account or sign up in order to add this asset to your watchlist. In contrast, the net income that goes into the earnings portion of the P/E ratio does not add these in, thus artificially reducing the income and skewing the P/E ratio. To see all exchange delays and terms of use please see Barchart's disclaimer. Visit Performance Disclosure for information about the performance numbers displayed above. Marathon Digital has a P/B Ratio of 4.32. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Marathon Digital Holdings operates in the rapidly growing blockchain technology industry, which has been gaining mainstream attention in recent years. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock. However, medium term indicators have put the stock in the category of Hold while long term indicators on average have been pointing out that it is a 50% Buy. You can buy and sell Marathon Digital (MARA) and other stocks, ETFs, and options commission-free on Robinhood with real-time quotes, market data, and relevant news. Marathon Digital (NASDAQ:MARA) has a market capitalization of $1.92 billion and generates $117.75 million in revenue each year. The Earnings Yield (also known as the E/P ratio) measures the anticipated yield (or return) an investment in a stock could give you based on the earnings and the price paid. While earnings are the driving metric behind stock prices, there wouldn't be any earnings to calculate if there weren't any sales to begin with. A popular way to gauge a stock's volatility is its "beta". Regardless of the many ways investors use this item, whether looking at a stock's price change, an index's return, or a portfolio manager's performance, this time-frame is a common judging metric in the financial industry. But, typically, an aggressive growth trader will be interested in the higher growth rates. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. MARA's price/sales ratio is 12.09; that's higher than the P/S ratio of 91.51% of US stocks. The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. This is a medium-term price change metric. publish chart | save to portfolio | create alert | compare perf. MARA | Complete Marathon Digital Holdings Inc. stock news by MarketWatch. A D/E ratio of 2 might be par for the course in one industry, while 0.50 would be considered normal for another.

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