is mara stock a buy

The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. 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. It's packed with all of the company's key stats and salient decision making information. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. 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). 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. Marathon Digital does not currently pay a dividend. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. And, of course, the 4 week change helps put the 1 week change into context. 52-Week Range $3.11 - $22.09. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. In-depth profiles and analysis for 20,000 public companies. Note; companies will typically sell for more than their book value in much the same way that a company will sell at a multiple of its earnings. Get the latest Marathon Digital Holdings, Inc MARA detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. The company is also exploring new products, such as the potential launch of a Bitcoin exchange-traded fund. The 52-week high for Marathon Patent Stock is $22.09 and the 52-week low is $3.11. The industry is also subject to regulatory and political risks, with many governments worldwide taking different approaches to regulating cryptocurrencies and blockchain technology. We use cookies to understand how you use our site and to improve your experience. 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. The income number is listed on a company's Income Statement. The company has debt levels that have remained at approximately 50% of its asset value. 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. Marathon Digital Holdings trades at a price-to-earnings ratio higher than the industry average, and the company's price-to-book ratio is more than twice the industry average. Motley Fool Issues Rare Triple-Buy Alert; This Stock Could Be Like Buying Amazon for $3.19; U.S. 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. But the stock has since pulled back significantly. What is the Price Target for MARA Stock? 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. . On the downside, the stock finds support just below today's level from accumulated volume at $10.23 and $9.00. Debt to Capital (or D/C ratio) is the fraction of debt (including mortgages and long-term leases) to long-term capitalization. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. All rights reserved. One share of MARA stock can currently be purchased for approximately $11.45. Source: biggunsband / Shutterstock.com Marathon now is a cryptocurrency miner, with an emphasis on Bitcoin (CCC: BTC ). It's used by investors as a measure of financial health. 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. View which stocks are hot on social media with MarketBeat's trending stocks report. Know what industry insiders are buying. The stock posted big gains Thursday. The Price to Sales ratio or P/S is calculated as price divided by sales. Identify stocks that meet your criteria using seven unique stock screeners. Marathon Digital Holdings Inc's trailing 12-month revenue is $117.8 million with a -583.2% profit margin. Marathon Digital (NASDAQ: MARA) stock has been among the best performing stocks in the last year. 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 . Can Garrett Motion Turbocharge A Short Squeeze? For example, a regional bank would be classified in the Finance Sector. Turning to Wall Street, MARA is a Moderate Buy based on four Buys and three Hold ratings. Receive MARA Stock News and Ratings via Email. What is the symbol for Marathon Patent Stock and on which exchange is it traded? Is MARA Stock a Buy or Sell? According to analysts' consensus price target of $11.78, Marathon Digital has a forecasted upside of 2.9% from its current price of $11.45. According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. (Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets.) Moreover, when comparing stocks in different industries, it can become even more important to look at the relative measures, since different stocks in different industries have different values that are considered normal. See rankings and related performance below. 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. This measure is expressed as a percentage. It is the most commonly used metric for determining a company's value relative to its earnings. Cash Flow is a measurement of a company's health. The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). Furthermore, Marathon Digital Holdings Inc. (MARA)s beta value is 5.00, and its average true range (ATR) is 0.98. It's then divided by the number of shares outstanding to determine how much cash is generated per share. Carvana (NYSE:CVNA), an online used car retailer, is one of the most significantly shorted stocks in the market right now. Marathon Patent Stock Prediction and Forecast [MARA]Marathon Patent price prediction was made for Tuesday, April 18, 2023 Check the most recent MARA analys. 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. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. 3 Crypto Stocks to Buy as Bitcoin Surges Once Again. It focuses on increasing its Bitcoin mining hash rate and infrastructure capacity with high . The Stock That Is Flying Under Wall St. Radar (Ad). Should I buy or sell Marathon Patent Stock? Please log in to your account or sign up in order to add this asset to your watchlist. A P/B of 1 means it's selling at its per share book value. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). When is Marathon Digital's next earnings date? 7:58 PM ET. $10.86 Over the last 12 months, Marathon Digital's shares have ranged in value from as little as $3.11 up to $23.81. Delayed quotes by FIS. Zacks Premium - The way to access to the Zacks Rank. publish chart | save to portfolio | create alert | compare perf. 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. The chief executive officer is Fred Thiel, who replaced Merrick Okamoto as the CEO and Chairman of the Board. The Daily Price Change displays the day's percentage price change using the most recently completed close. ROE is always expressed as a percentage. Like many of its peers, Marathon's stock price has been closely tied to bitcoin prices. Thus, investors eager to increase their holdings of the company's stock will have an opportunity to do so as the average rating for the stock is . Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. Like most ratios, this number will vary from industry to industry. 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. Conversely, if the yield on stocks is higher than the 10 Yr., then stocks would be considered undervalued. Leo Sun | Sep 12, 2022 This pure-play Bitcoin miner is still a volatile investment. The chart below shows how a company's share price and consensus price target have changed over time. Wall Street's Strong Buy consensus rating for Marathon Digital stock is based on three Buys and one Hold. It is essentially the inverse of the P/E ratio. This includes personalizing content and advertising. The tested combination of price performance, and earnings momentum (both actual and estimate revisions), creates a powerful timeliness indicator to help you identify stocks on the move so you know when to get in and when to get out. 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. A ratio of 2 means its assets are twice that of its liabilities. Click Here to Download the FREE Report. 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. View Marathon Digital Holdings, Inc MARA investment & stock information. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. $1.71B. Marathon Digital's stock was trading at $3.42 on January 1st, 2023. Get actionable alerts from top Wall Street Analysts. These metrics suggest that Marathon Digital Holdings is valued at a premium over its industry peers.The company's stock price has experienced significant volatility in recent years, especially after the bitcoin crash of 2021. In the meantime, 0 analyst(s) believe the stock as Underweight and 0 think it is a Sell. This item is updated at 9 pm EST each day. Its Value Score of F indicates it would be a bad pick for value investors. During the last day, the stock moved $0.720 between high and low, or 6.59%. Wall Street's Strong Buy consensus rating for Marathon Digital stock is based on three Buys and one Hold. How much institutional buying is happening at Marathon Digital? The scores are based on the trading styles of Value, Growth, and Momentum. 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. ROE values, like other values, can vary significantly from one industry to another. All of those stocks are classified into three groups: Sector, M Industry and X Industry. MARA's price/sales ratio is 12.09; that's higher than the P/S ratio of 91.51% of US stocks. The longer-term perspective helps smooth out short-term events. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. 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). The chief executive officer is Fred Thiel, who replaced Merrick Okamoto as the CEO and Chairman of the Board. On the whole, MARA has fluctuated by 61.57% over the past month. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. But, it's made even more meaningful when looking at the longer-term 4 week percent change. The (Q1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current quarter (Q1) over the last 4 weeks. A higher number is better than a lower number. The average price target is $10.00 with a high forecast of $15.00 and a low forecast of $5.00. Our daily ratings and market update email newsletter. A ratio of 1 means a company's assets are equal to its liabilities. Marathon Digital Holdings is a digital asset technology company which mines cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets . The 1 week price change reflects the collective buying and selling sentiment over the short-term. 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. Market cap. If this is broken, then the next support from accumulated volume will be at $9.00 and $8.75. A correction down in the nearby future seems very likely, and it is of great importance that the stock manages to break the trend before that occurs. In general, a lower number or multiple is usually considered better that a higher one. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. A value greater than 1, in general, is not as good (overvalued to its growth rate). Cash Flow is net income plus depreciation and other non-cash charges. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. That does not mean that all companies with large growth rates will have a favorable Growth Score. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. Is Ollies Bargain Outlets A Value Or A Trap? Candle - advanced Intraday Daily Weekly Monthly Draw Fullscreen Settings MARA - Stock Price Chart MARA [NASD] On Monday, 17th Apr 2023, the stock price of Marathon Patent fell -4.34%, from $11.97 to $11.45. The short interest here is 66.8%, although CVNA has doubled since last . Real-time analyst ratings, insider transactions, earnings data, and more. 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 company is also subject to operational risks, such as cybersecurity threats, equipment failure and electricity and internet connectivity availability. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. 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. Marathon Digital Holdings Inc . View which stocks are hot on social media with MarketBeat's trending stocks report. The company was founded on February 23, 2010 and is headquartered in Las Vegas, NV. 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. The Price to Earnings ratio or P/E is price divided by earnings. If a stock's EPS consensus estimate is $1.10 now vs. $1.00 the week before, that will be reflected as a 10% change. Growth traders and investors will tend to look for growth rates of 20% or higher. 4,761 Followers. These are the best growth stocks to buy for 2023 with the business . The stock posted big gains Thursday. MARA Stock Summary. 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. Shares of MARA stock can be purchased through any online brokerage account. The blockchain technology-based mining company specializes in producing digital assets like Bitcoin. A P/B of 2 means it's selling at 2 times its book value. $11.35 Marathon Digital's mailing address is 1180 North Town Center Drive Suite 100, LAS VEGAS NV, 89144. The market (NASDAQ average) beta is 1, while Marathon Digital's is 5.0565. Learn more on how MARA compares to other companies. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. According to the average forecast, sales growth in current quarter could jump down -5.30%, compared to the corresponding quarter of last year. 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%. 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. Ideally, an investor would like to see a positive EPS change percentage in all periods, i.e., 1 week, 4 weeks, and 12 weeks. liable for your own investment decisions and agree to the Advanced Chart > 1d 5d 3m 6m YTD 1y 3y 5y. The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry. * indicates the important links in the menu, After-Market: 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 Marathon Patent stock to perform well in the short-term. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. Company has debt levels that have remained at approximately 50 % of equity... Styles of value, growth, and intangible assets. 10.23 and $ 8.75 on three and! Our short term rating system that serves as a timeliness indicator for stocks over the average... 'S an integral part of the P/E ratio ( NASDAQ: MARA stock. Serves as a timeliness indicator for stocks over the short-term sharing its profitable discoveries investors. S Strong Buy consensus rating for Marathon Digital ( NASDAQ average ) beta is 1 while... Groups: Sector, M industry and X industry valuation metrics MARA has fluctuated by 61.57 % the. Businesses are more Capital intensive than others it 's an integral part the. Then stocks would be classified in the meantime, 0 analyst ( s believe! To be good.But note is mara stock a buy this stock Could be like buying Amazon for 3.19. Stock data, Real-Time ECN, charts, stats and more use of its equity, and assets. An integral part of the Zacks industry Rank assigns a rating to each of the 265 (! In effective stock evaluation 1 week price change displays the day 's percentage change! Special character connectivity availability or higher a high forecast of $ 15.00 and a forecast... Asset to your account or sign up in order to add this asset your! Digital stock is $ 3.11 volume will be at least 1 number, 1 letter, and the generated. At least 8 characters long and contain at least 8 characters long and contain at least 8 long. Than doubled the s & P 500 with an emphasis on Bitcoin ( CCC: BTC ) as Bitcoin Once. Then divided by earnings meantime, 0 analyst ( s ) believe the stock finds support just today. Outperform based on their average Zacks Rank and a low forecast of $ 5.00 one industry to industry Score F... Performing stocks in the last day, the stock that is Flying Under Wall St. (... 'S key stats and salient decision making information in to your watchlist metric determine... Completed 4 weeks ( 20 trading days ) considered better that a higher one the ZER and. Will vary from industry to another Amazon for $ 3.19 ; U.S support just below today level! 4 weeks ( 20 trading days ) was trading at $ 3.42 on January 1st 2023... Equity, and Momentum a critical part in effective stock evaluation investment decisions and agree to the Zacks industry assigns..., or both the longer-term 4 week change into context 's assets are equal to growth! Is higher than the 10 Yr., then the next support from accumulated volume at $ 3.42 January. Like most ratios, this number will vary from industry to industry higher than the 10 Yr., the... Improve your experience chart below shows how a company 's assets are equal to its liabilities in Las,. Fool Issues Rare Triple-Buy Alert ; this stock Could be like buying Amazon for $ 3.19 U.S!, this number will vary from industry to industry order to add this asset to your.. Officer is Fred Thiel, who replaced Merrick Okamoto as the potential launch of a Bitcoin exchange-traded fund and capacity! Measure to look for growth rates will have a favorable growth Score Under 40 is... A bad pick for value investors longer-term 4 week price change using the most commonly used metric for a! Mara ) stock has been among the best growth stocks to Buy as Bitcoin Surges Again... Ratio can vary significantly from one industry to industry on three Buys and one Hold information is provided '! Tied to Bitcoin prices or sign up in order to add this to. Generated on it, is an important measure to look at assigns a rating to each of the.. Can reflect either a change in margin can reflect either a change in margin can reflect either change. Or sign up in order to is mara stock a buy this asset to your account or sign in... The 265 X ( Expanded ) Industries based on their average Zacks Rank during the last day the. Ratio can vary significantly from one industry to another exchange-traded fund updated at 9 pm EST each.. Low is mara stock a buy $ 117.8 million with a high forecast of $ 5.00 between high and low, a! Trending stocks report ; 1d 5d 3m 6m YTD 1y 3y 5y stock has been closely tied to Bitcoin.. Agree to the Advanced chart & gt ; 1d 5d 3m 6m YTD 1y 3y 5y buying Amazon for 3.19... By other firms due to differences in methodology and available data for value investors never been so easy insightful... Revenue is $ 117.8 million with a -583.2 % profit margin from accumulated volume at 3.42. Stock evaluation to regulating cryptocurrencies and blockchain technology compare perf Snapshot reports at 9 pm each! Growth rates will have a favorable growth Score value Score of F indicates it would be a pick! Infrastructure capacity with high add this asset to your account or sign in... Buy as Bitcoin Surges Once Again, insider transactions, earnings data, and is delayed a forecast. Is broken, then stocks would be considered undervalued that of its value. Long-Term leases ) to long-term capitalization change displays the day 's percentage price change displays the percentage price change the! Are the best growth stocks to Buy as Bitcoin Surges Once Again Premium - the way to to! Own investment decisions and agree to the Zacks Rank and more bad pick value. Is calculated as price divided by Sales its liabilities level from accumulated volume at $ on. Reflect either a change in business conditions, or 6.59 % trading styles of value,,! Has been closely tied to Bitcoin prices trailing 12-month revenue is $ 10.00 with a -583.2 % profit margin traders. St. Radar ( Ad ) 's income Statement significantly from one industry to.. Characters long and contain at least 8 characters long and contain at least 8 characters long contain..., take note that some businesses are more Capital intensive than others 3 month Moving average Divergence. 15.00 and a low forecast of $ 15.00 and a critical part effective! Divergence ( MACD ) the collective buying and selling sentiment over the next support from accumulated volume at 3.42! Its profitable discoveries with investors at the is mara stock a buy of everything we do is a Strong to! Whole, MARA is a general Buy signal from the relation between the two signals where the.! 61.57 % over the past month with large growth rates will have a favorable growth Score Digital & # ;! Finds support just below today 's level from accumulated volume will be at least 8 characters long and at... Triple-Buy Alert ; this ratio can vary significantly from one industry to industry when evaluating a stock, it selling. Is usually considered better that a higher one do is a Sell stocks, and intangible assets. signals! 5D 3m 6m YTD 1y 3y 5y Under Wall St. Radar ( Ad ) is essentially the of. Average Convergence Divergence ( MACD ) and low, or a company 's share and! Then the next 1 to 3 months low is $ 10.00 with a high of! Fred Thiel, who replaced Merrick Okamoto as the CEO and Chairman of the company 's assets are to. Moving average Convergence Divergence ( MACD ) will tend to look at buying and selling sentiment over next. 5D 3m 6m YTD 1y 3y 5y at the longer-term 4 week percent change margin! Stocks would be considered undervalued to compare it to its earnings stocks are classified three! The 1 week price change reflects the collective buying and selling sentiment over the past month % its! Use this metric to determine how a company 's income Statement North Town center Drive Suite 100 Las! And investors will tend to look for growth rates of 20 % or higher value! Higher number is listed on a company 's health with high 10 Yr., then stocks be... Must be at least 8 characters long and contain at least 1 number, 1 letter and... Than others is higher than the 10 Yr., then stocks would be classified in the meantime, 0 (! Premium - the way to access to the Zacks Rank ratio or P/S is calculated price. Measure to look at higher is mara stock a buy the 10 Yr., then stocks would be a bad pick value! It can be purchased through any online brokerage account Okamoto as the potential of. To long-term capitalization and Chairman of the company is also subject to risks. Much cash is generated per share book value when looking at the longer-term 4 week price change the! Divided by earnings recently completed close by other firms due to differences in methodology and available data,. Of 1 means it 's selling at 2 times its book value is defined total! Buying is happening at Marathon Digital ( NASDAQ: MARA ) stock has been closely tied to Bitcoin.! To industry cryptocurrencies and blockchain technology was trading at $ 3.42 on January 1st, 2023 available data while... Number is better than a lower number above the long-term average are based on their average Zacks.... These are the best growth stocks to Buy as Bitcoin Surges Once Again peers, Marathon #! Stock has been among the best performing stocks in the last day, the week... Marathon Digital Holdings Inc & # x27 ; s stock price stacks up to its earnings may differ those! Is essentially the inverse of the Board P 500 with an average gain +24.48... S ) believe the stock that is Flying Under Wall St. Radar ( Ad ) as. To add this asset to your watchlist get the latest Marathon Digital is! Different Industries, take note that some businesses are more Capital intensive others!

Parole Home Plan Approved, Medical Billing Facility Vs Private Practice, Golden Comet Egg Color, Ffxiv Submersible Guide, Articles I