Is MARA Stock A Buy, Sell, or Hold? The chief executive officer is Fred Thiel, who replaced Merrick Okamoto as the CEO and Chairman of the Board. 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. 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. The Daily Price Change displays the day's percentage price change using the most recently completed close. Mentioned in this article. Get daily stock ideas from top-performing Wall Street analysts. Zacks Ranks stocks can, and often do, change throughout the month. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The Price to Sales ratio or P/S is calculated as price divided by sales. Marathon Digital Holdings (MARA) Stock Price & Analysis. It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. In December 2020, Marathon Digital Holdings completed a public offering of common stock, raising $250 million in net proceeds. The 1 Week Price Change displays the percentage price change over the last 5 trading days using the most recently completed close to the close from 5 days before. The chief executive officer is Fred Thiel, who replaced Merrick Okamoto as the CEO and Chairman of the Board. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Motley Fool Issues Rare Triple-Buy Alert; This Stock Could Be Like Buying Amazon for $3.19; U.S. Like earnings, a higher growth rate is better than a lower growth rate. Like most ratios, this number will vary from industry to industry. The dark blue line represents the company's actual price. 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. Thus, investors eager to increase their holdings of the companys stock will have an opportunity to do so as the average rating for the stock is Overweight. Analysts are projecting the companys earnings per share (EPS) to be -$0.05, which is expected to increase to $0.07 for fiscal year $0.19 and then to about $0.6 by fiscal year 2024. The 4 week price change is a good reference point for the individual stock and how it's performed in relation to its peers. Sign-up to receive the latest news and ratings for Marathon Digital and its competitors with MarketBeat's FREE daily newsletter. are strong. 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. 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. It measures a company's ability to pay short-term obligations. Once again, cash flow is net income plus depreciation and other non-cash charges. Cash Flow is a measurement of a company's health. View MARA analyst ratings or view top-rated stocks. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Historical EPS Growth Rate looks at the average annual (trailing 12 months) EPS growth rate over the last 3-5 years of actual earnings. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. (0.61%) than the support at $10.23 Real-time analyst ratings, insider transactions, earnings data, and more. Of note is the ratio of MARATHON DIGITAL HOLDINGS INC's sales and general administrative expense to its total operating expenses; only 3.36% of US stocks have a lower such ratio. A ratio of 1 means a company's assets are equal to its liabilities. It's packed with all of the company's key stats and salient decision making information. Growth Style - Learn more about the Growth Style. -0.10 (-0.87%) View analysts price targets for MARA or view top-rated stocks among Wall Street analysts. The Marathon Patent stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. The median P/B ratio for stocks in the S&P is just over 3. 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). Additionally, analysts median price of $10.00 is likely to be welcomed by investors because it represents an increase of 13.19% from the current levels. But note, different industries have different margin rates that are considered good. Marathon Digital Holdings Inc . to move between $10.45 and $12.45, The 1-4 reverse split was announced on Friday, October 27th 2017. Visit www.zacksdata.com to get our data and content for your mobile app or website. Insiders that own company stock include David Philip Lieberman, Douglas K Mellinger, Frederick G Thiel, James Crawford, Kevin A Denuccio, Merrick D Okamoto, Michael Carroll Berg, Michael Rudolph, Peter Benz and Simeon Salzman. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. The Relative Strength Index (RSI, 14) currently indicates a reading of 70.68, while the 7-day volatility ratio is showing 12.88% which for the 30-day chart, stands at 11.57%. In the Capital Markets industry, which ranks 67 . Like the P/E ratio, a lower number is considered better. Is Ollies Bargain Outlets A Value Or A Trap? In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). If you do not, click Cancel. The Cash/Price ratio is calculated as cash and marketable securities per share divided by the stock price. StockInvest.us provides daily technical stock analysis commentaries and The company is also exploring new products, such as the potential launch of a Bitcoin exchange-traded fund. Export data to Excel for your own analysis. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. The company is also subject to operational risks, such as cybersecurity threats, equipment failure and electricity and internet connectivity availability. What is the 52-week high and low for Marathon Patent Stock? A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry. But the stock has since pulled back significantly. Ashu Swami brings Marathon deep technical, regulatory and market expertise. A P/B of 2 means it's selling at 2 times its book value. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. The chart below shows how a company's share price and consensus price target have changed over time. Marathon Digital does not have a long track record of dividend growth. 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. April 14, 2023|markets.businessinsider.com. Trading volume has been higher than industry peers averaging around 31 million daily shares. Learn more on how MARA compares to other companies. All of those stocks are classified into three groups: Sector, M Industry and X Industry. The market (NASDAQ average) beta is 1, while Marathon Digital's is 5.0565. If the volume is too light, in absolute terms or for a relatively large position, it could be difficult to execute a trade. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green. 4,761 Followers. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. The blockchain technology-based mining company specializes in producing digital assets like Bitcoin. That does not mean that all companies with large growth rates will have a favorable Growth Score. Marathon Digital Holdings Inc, also known as Marathon Patent Group, is a digital asset technology company based in Las Vegas, Nevada. 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. Learn more on MARA's analyst rating history. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. The business services provider earned $51.71 million during the quarter, compared to the consensus estimate of $75.05 million. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Is Ollies Bargain Outlets A Value Or A Trap? while the 36-month beta value is 4.99.Analysts have differing opinions on the stock, with 3 analysts rating it as a "buy," 0 as "overweight," 3 as "hold," and 0 as "sell." The average price point forecasted by analysts for Marathon Digital Holdings Inc. (MARA) is $12.80, which is $1. We see that MARAs technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. View Marathon Digital Holdings, Inc MARA investment & stock information. Cash flow itself is an important item on the income statement. MARA stock hit a 52-week high of 83.45 on Nov. 9, 2021. The PEG ratio is the P/E ratio divided by its growth rate. What is the market capitalization of Marathon Patent Stock? The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. There is a sell signal from a pivot top found 1 day ago.). The value of beta (5-year monthly) was 5.06. Fred Thiel previously worked as Marathon's Lead Independent Director. MARA's short-term technical score of 40 indicates that the stock has traded less bullishly over the last month than 60% of stocks on the market. Net Margin is defined as net income divided by sales. 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. It is used to help gauge a company's financial health. 7:58 PM ET. In general, the lower the ratio is the better. Advanced Chart > 1d 5d 3m 6m YTD 1y 3y 5y. The stock has risen by 236.84% since the beginning of the year, thereby showing the potential of a further growth. Your email address will not be published. See rankings and related performance below. 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 could raise investors confidence to be optimistic about the MARA stock heading into the next quarter. During the day, the stock fluctuated 6.59%, ranging from $10.93 to $11.65. Marathon Digital Holdings ' ( MARA 14.04%) stock plunged 27% on Nov. 15 after the Bitcoin ( BTC 1.62%) mining company made two surprising announcements. 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. Analysts have estimated the companys revenue for the quarter at $48.99 million, with a low estimate of $39.2 million and a high estimate of $54.8 million. When is Marathon Digital's next earnings date? 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. 326 E 8th St #105, Sioux Falls, SD 57103 A P/B of 1 means it's selling at its per share book value. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Get your hands on a piece of history invest in multi-million dollar paintings from $10k with Masterworks. The Zacks database contains over 10,000 stocks. Like we said, the boom is accelerating and the time to buy EV-related tech stocks is now. 326 E 8th St #105, Sioux Falls, SD 57103 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. 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. It's calculated as earnings divided by price. 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. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our, 3 Dividend Stocks with a Yield Above 5% That Are on Sale Now, Charles Schwab's Recovery Just Shifted Gears, Digital Realty Offers Growth and Income with a Wide Moat, These 2 Fabless Chip Stocks Are Among The Market's Top Performers, Why State Street Stock Is Sliding After Announcing Earnings, The Top 2 Chip Stocks Going Into Earnings Season, Here are 2 Top Drug Makers Leading the Way in Weight Loss Drugs, Why Restaurant Stocks are the Stocks to Buy Right Now, How MarketBeat Calculates Price Target and Consensus Rating, Average Share Price and Price Target by Month Chart Description, Subscribe to MarketBeat All Access for the recommendation accuracy rating. Marathon Patent Stock Prediction and Forecast [MARA]Marathon Patent price prediction was made for Tuesday, April 18, 2023 Check the most recent MARA analys. According to the average forecast, sales growth in current quarter could jump down -5.30%, compared to the corresponding quarter of last year. 52-Week Range $3.11 - $22.09. 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. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. Marathon Digital trades on the NASDAQ under the ticker symbol "MARA.". This longer-term historical perspective lets the user see how a company has grown over time. Marathon Digital (NASDAQ:MARA) has been building up momentum for a breakout as the crypto rally refuses to cool down.The company had substantial selling pressure that is now fading away against . Seeing a stock's EPS change over 1 week is important. Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another.