Any other use, including for any commercial purposes, is strictly prohibited without our express prior written consent. View real-time stock prices and stock quotes for a full financial overview. 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. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. Top 5 EV Tech Stocks to Buy for 2023 Each bar represents the previous year of ratings for that month. Marathon Digital's mailing address is 1180 North Town Center Drive Suite 100, LAS VEGAS NV, 89144. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. Less than 1 means its liabilities exceed its short-term assets (cash, inventory, receivables, etc.). IAMGOLD Corporation (NYSE: IAG) Is Up 17.44% Year-To-Date, But Analysts Find Room For A Price Rally. Why This Bitcoin Mining Stock Is a Bargain Buy RJ Fulton |. 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. View Marathon Digital Holdings, Inc MARA investment & stock information. 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). Get short term trading ideas from the MarketBeat Idea Engine. Marathon Digital Holdings' (NASDAQ: MARA) stock plunged 27% on Nov. 15 after the Bitcoin (CRYPTO: BTC) mining company made two surprising announcements. The chief executive officer is Fred Thiel, who replaced Merrick Okamoto as the CEO and Chairman of the Board. 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. Marathon Digital (NASDAQ:MARA) has a market capitalization of $1.92 billion and generates $117.75 million in revenue each year. This is useful for obvious reasons, but can also put the current day's intraday gains into better context by knowing if the recently completed trading day was up or down. Is Ollies Bargain Outlets A Value Or A Trap? Real time prices by BATS. This is also commonly referred to as the Asset Utilization ratio. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. 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. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. In general, a lower number or multiple is usually considered better that a higher one. The 20 day average establishes this baseline. The Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. 7:58 PM ET. And like the P/E ratio, a lower number is typically considered 'better' than a higher number. Get your hands on a piece of history invest in multi-million dollar paintings from $10k with Masterworks. View MARA analyst ratings or view top-rated stocks. NASDAQ data is at least 15 minutes delayed. Nearly 0.20% of Marathon Digital Holdings Inc.s shares belong to company insiders and institutional investors own 37.50% of the companys shares. That does not mean that all companies with large growth rates will have a favorable Growth Score. These risks could impact the company's ability to mine digital assets and generate revenue. The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. The Sales to Assets ratio (or Sales to Total Assets or S/TA for short) shows how much sales are generated from a company's assets. Zacks Investment Ideas feature highlights: Grayscale Bitcoin Trust, MicroStrategy, WGMI, Marathon Digital, HIVE Blockchain and Riot Platforms, Marathon Digital Holdings, Inc. (MARA) Gains As Market Dips: What You Should Know, Marathon Digital Holdings, Inc. (MARA) Reports Q4 Loss, Lags Revenue Estimates. Investors like this metric as it shows how a company finances its operations, i.e., what percentage is financed thru shareholder equity or debt. Marathon Digital Holdings has several potential growth opportunities, including expanding its mining operations, launching new digital asset products and exploring partnerships with other blockchain technology companies. The 52 week price change is a good reference point. (-5.11%) The regulatory environment surrounding blockchain technology is still determined, and regulation changes could affect the company's operations. In the past three months, Marathon Digital insiders have not sold or bought any company stock. Learn more on MARA's analyst rating history. Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. The RSI14 is 77 and this increases the risk substantially. Data indicates that the EPS growth is expected to be 106.10% in 2024, while the next years EPS growth is forecast to be 215.80%. Value investors will typically look for stocks with P/E ratios under 20, while growth investors and momentum investors are often willing to pay much more. Marathon Digital Holdings is subject to significant price fluctuations, impacting the company's revenue and profitability. The average stock price target of $10 suggests that the . Many investors prefer EV to just Market Cap as a better way to determine the value of a company. Visit Performance Disclosure for information about the performance numbers displayed above. Current score: When is the next earnings date for Marathon Patent? Ashu Swami joins Marathon Digital Holdings from his previous employer Core Scientific, where he served as the chief product officer, leading the company's foray into DeFi and heading mining hardware and software optimization. The company was founded on February 23, 2010 and is headquartered in Las Vegas, NV. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. The 1 week price change reflects the collective buying and selling sentiment over the short-term. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. With 12 weeks representing a meaningful part of a year, this time period will show whether a stock has been enjoying strong investor demand, or if it's in consolidation, or distress. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. It takes the consensus estimate for the current fiscal year (F1) divided by the EPS for the last completed fiscal year (F0) (actual if reported, the consensus if not). The Stock That Is Flying Under Wall St. Radar (Ad). The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. As they say, 'price follows volume'. The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. A company with an ROE of 10%, for example, means it created 10 cents of assets for every $1 of shareholder equity in a given year. Does Gold Fields Limited (NYSE: GFI) Still Need To Convince Analysts? 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. That means these items are added back into the net income to produce this earnings number. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. 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. Get Marathon Digital Upgrade and Downgrade Alerts. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. But, it's made even more meaningful when looking at the longer-term 4 week percent change. For one, part of trading is being able to get in and out of a stock easily. 326 E 8th St #105, Sioux Falls, SD 57103 MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. 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. Follow. The company's gross profit margins have improved over time, but the company's blended profit margin since the IPO is about -180%. Note: there are many factors that can influence the longer-term number, not the least of which is the overall state of the economy (recession will reduce this number for example, while a recovery will inflate it), which can skew comparisons when looking out over shorter time frames. Macau Casinos Are Hot: Is MGM Resorts The Play? It's calculated as earnings divided by price. So it's a good idea to compare a stock's debt to equity ratio to its industry to see how it stacks up to its peers first. During the last day, the stock moved $0.720 between high and low, or 6.59%. Only 39.88% of the stock of Marathon Digital is held by institutions. Terms of Use and Privacy Policy. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Conversely, if the yield on stocks is higher than the 10 Yr., then stocks would be considered undervalued. The blockchain technology-based mining company specializes in producing digital assets like Bitcoin. ETFs with the largest weight of Marathon Digital (NASDAQ:MARA) stock in their portfolio include First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT), VanEck Digital Assets Mining ETF (DAM), Schwab Crypto Thematic ETF (STCE), Fidelity Crypto Industry and Digital Payments ETF (FDIG), Valkyrie Bitcoin Miners ETF (WGMI), AdvisorShares Sabretooth ETF (BKCH), VanEck Digital Transformation ETF (DAPP) and Invesco Alerian Galaxy Crypto Economy ETF (SATO). We use cookies to understand how you use our site and to improve your experience. 9 Wall Street research analysts have issued twelve-month target prices for Marathon Digital's shares. Its Value Score of F indicates it would be a bad pick for value investors. 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. A sales/assets ratio of 2.50 means the company generated $2.50 in revenue for every $1.00 of assets on its books. The Current Ratio is defined as current assets divided by current liabilities. Is Marathon Digital Holdings Stock a Buy Now? Day's Range $0 - $0. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. The average twelve-month price prediction for Marathon Digital is $11.78 with a high price target of $20.00 and a low price target of $4.00. Amyris May be Oversold, but is it Worth Fighting the Shorts? That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Cash flow itself is an important item on the income statement. Marathon Digital trades on the NASDAQ under the ticker symbol "MARA.". Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). These are the best growth stocks to buy for 2023 with the business . The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). If you wish to go to ZacksTrade, click OK. Their MARA share price forecasts range from $4.00 to $20.00. A P/B of 1 means it's selling at its per share book value. Company Summary. According to the average forecast, sales growth in current quarter could jump down -5.30%, compared to the corresponding quarter of last year. The 1-4 reverse split was announced on Friday, October 27th 2017. Cash Flow is a measurement of a company's health. Our daily ratings and market update email newsletter. ZacksTrade and Zacks.com are separate companies. Zacks Ranks stocks can, and often do, change throughout the month. Ideally, an investor would like to see a positive EPS change percentage in all periods, i.e., 1 week, 4 weeks, and 12 weeks. While the hover-quote on Zacks.com, as well as the various tables, displays the delayed intraday quote and price change, this display shows the daily change as of the most recently completed trading day. View institutional ownership trends. MARA Stock 12 Months Forecast $10.00 (-12.43% Downside) Based on 4 Wall Street analysts offering 12 month price targets for Marathon Digital Holdings in the last 3 months. A P/B of 2 means it's selling at 2 times its book value. Know what industry insiders are buying. American Consumer News, LLC dba MarketBeat 2010-2023. Marathon Digital Holdings Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months. Cash flow can be found on the cash flow statement. Like earnings, a higher growth rate is better than a lower growth rate. A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets. The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. 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. Required fields are marked *. Visit www.zacksdata.com to get our data and content for your mobile app or website. CEMEX S.A.B. Marathon Digital Holdings Inc's trailing 12-month revenue is $117.8 million with a -583.2% profit margin. Flow is a good reference point your mobile app or website 's selling its... Short-Term assets ( cash, inventory, receivables, etc. ) increases the risk substantially item on the flow! Fred Thiel, who replaced Merrick Okamoto as the Asset Utilization ratio growth. October 27th 2017 risk substantially assets divided by current liabilities express prior written consent trading ideas from MarketBeat... 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Address is 1180 North Town Center Drive Suite 100, LAS VEGAS NV, 89144 return of all Zacks stocks... It to its intrinsic value Education -- Learn more about the Performance numbers above... Many investors prefer EV to just Market Cap as a point of reference and,! Calculated by other firms due to differences in methodology and available data executive officer is Fred Thiel who. The time of their last earnings report cookies to understand how you use our site and to improve your.! This earnings number higher than the 10 Yr., then stocks would be considered undervalued you our!

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