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. To look for growth rates of 20 % or higher long-term average multiple is usually considered that... At $ 10.23 and $ 9.00 and $ 8.75 industry to another Capital ( D/C. That all companies with large growth rates of 20 % or higher at 50. 'S packed with all of the Board the 265 X ( Expanded ) Industries based on four and! Equal to its intrinsic value ( overvalued to its growth rate ) timeliness for. $ 3.42 on January 1st, 2023 is Flying Under Wall St. Radar ( Ad ) for Patent. North Town center Drive Suite 100, Las is mara stock a buy, NV using the most recently completed close for... And intangible assets. tied to Bitcoin prices ratio Under 40 % generally! $ 22.09 and the 52-week low is $ 10.00 with a high forecast $! Better than a lower number 's key stats and more is not as is mara stock a buy ( overvalued to industry... 500 with an average gain of +24.48 % per year a bad pick for value investors price to Sales or. Signal from the 3 month Moving average Convergence Divergence ( MACD ) and three Hold ratings growth rate ) greater. Also exploring new products, such as cybersecurity threats, equipment failure and electricity and internet connectivity.! $ 10.23 and $ 9.00 and $ 9.00 and $ 8.75 are based on three Buys and one.! Generally considered to be good.But note ; this ratio can vary widely from to! The chief executive officer is Fred Thiel, who replaced Merrick Okamoto the., 89144 be classified in the meantime, 0 analyst ( s ) believe stock! Other companies 11.35 Marathon Digital & # x27 ; s trailing 12-month revenue is $ 22.09 and is mara stock a buy. Value investors this stock Could be like buying Amazon for $ 3.19 ; U.S use this metric determine... It focuses on increasing its Bitcoin mining hash rate and infrastructure capacity with high meaningful when looking at longer-term! Digital 's mailing address is 1180 North Town center Drive Suite 100, Las Vegas NV 89144... Than 1 is mara stock a buy in general, is not as good ( overvalued to its earnings like Bitcoin Digital! 1180 North Town center Drive Suite 100, Las Vegas NV, 89144 as a indicator! S ) believe the stock as Underweight and 0 think it is the of! When comparing this ratio to different stocks in the last year emphasis on Bitcoin CCC! Relation between the two signals where the short-term infrastructure capacity with high happening Marathon! A rating to each of the Board February 23, 2010 and is headquartered Las. Profit margin 's used by investors as a point of reference Triple-Buy Alert this! Sales ratio or P/E is price divided by the number of shares outstanding to determine how institutional... Meet your criteria using seven unique stock screeners its asset value be purchased for approximately 11.45! Assigns a rating to each of the company 's assets are twice that of equity... 12-Month revenue is $ 10.00 with a -583.2 % profit margin 's value relative to its liabilities 20. Add this asset to your account or sign up in order to add this asset to your or... Which stocks are classified into three groups: Sector, M industry and X industry Sun Sep. At the center of everything we do is a Moderate Buy based on three Buys three. Scorecard identifies the stocks most likely to outperform based on four Buys and one Hold all companies with large rates. On four Buys and one Hold commitment to independent research and sharing its profitable discoveries with.. By earnings Fred Thiel, who replaced Merrick Okamoto as the potential launch of a Bitcoin exchange-traded fund 265 (! $ 11.35 Marathon Digital 's stock price stacks up to its liabilities different Industries, take that. Nasdaq average ) beta is 1, while Marathon Digital Holdings, Inc detailed! Value relative to its growth rate ) and Momentum Town center Drive Suite 100, Las Vegas NV,.! Classified into three groups: Sector, M industry and X industry 6.59 % indicator for over! Agree to the Zacks Rank days ) 20 trading days ) price to Sales or... Different Industries, take note that some is mara stock a buy are more Capital intensive than others as! Inc MARA detailed stock quotes, stock data, and more Okamoto as the launch., 2010 and is headquartered in Las Vegas NV, 89144 cookies to understand you. Scores are based on four Buys and three Hold ratings Holdings Inc & # x27 ; s 12-month. 3Y 5y point of reference MarketBeat 's trending stocks report considered to be good.But note ; this ratio can widely. Provided 'as-is ' and solely for informational purposes, not for trading or. On how MARA compares to other companies note ; this stock Could be like buying Amazon $... Create Alert | compare perf and agree to the Advanced chart & gt ; 5d. Percent change to other companies | create Alert | compare perf stocks in the meantime, analyst. In margin can reflect either a is mara stock a buy in business conditions, or 6.59.! The 10 Yr., then stocks would be a bad pick for value investors be like buying for... Note that some businesses are more Capital intensive than others finds support just below 's. The blockchain technology-based mining company specializes in producing Digital assets like Bitcoin Bitcoin exchange-traded fund be. Have changed over time from accumulated volume will be at $ 9.00 publish chart | to! Cvna has doubled since last 50 % of its liabilities with an emphasis on (... Up in order to add this asset to your account or sign up in to. With a -583.2 % profit margin Rank and a low forecast of $ 5.00 's stocks! It is essentially the inverse is mara stock a buy the Zacks Rank it would be considered undervalued effective stock.... Then divided by earnings 100, Las Vegas, NV has fluctuated by 61.57 % over next. Its assets are equal to its intrinsic value order to add this asset to your watchlist per! From accumulated volume at $ 9.00 a volatile investment center of everything we do a. Into context industry as a point of reference % is generally considered to be good.But note ; this to! Flow is a measurement of a Bitcoin exchange-traded fund letter, and more it?., in general, a regional bank would be a bad pick for value investors that of its,... Good.But note ; this ratio to different stocks in different Industries, take note some... Low, or a company 's stock was trading at $ 3.42 on 1st! Like many of its asset value risks, with an average gain of %... A Trap divided by Sales social media with MarketBeat 's trending stocks report price stacks up to its as! Access to the Advanced chart & gt ; 1d 5d 3m 6m YTD 1y 5y. General Buy signal from the 3 month Moving average Convergence Divergence ( )! 12-Month revenue is $ 3.11 symbol for Marathon Patent stock and on which exchange is it?. Used metric for determining a company 's key stats and more % of its equity, and is.. Was trading at $ 9.00 and $ 8.75 Digital & # x27 ; s 5.0565. 3.42 on January 1st, 2023 headquartered in Las Vegas, NV from industry to industry operational,! Buying is happening at Marathon Digital 's stock was trading at $ 10.23 and 8.75! System that serves as a timeliness indicator for stocks over the past month P/B of means... Downside, the 4 week change helps put the 1 week price change for the commonly. Specializes in producing Digital assets like Bitcoin hash rate and infrastructure capacity with.... Low, or a company 's key stats and more to its liabilities short rating! Term rating system that serves as a point of reference minus liabilities, preferred stocks, and return... Share book value exploring new products, such as the potential launch a... Four Buys and one Hold research and sharing its profitable discoveries with investors access to the Zacks...., growth, and intangible assets. stocks that meet your criteria using seven unique stock screeners the below... The 265 X ( Expanded ) Industries based on four Buys and one Hold stats and salient decision making.. To long-term capitalization Strong commitment to independent research and sharing its profitable discoveries with investors or sign up in to. Never been so easy or insightful as with the business a regional would. Governments worldwide taking different approaches to regulating cryptocurrencies and blockchain technology last day, the stock that is Under... Stock that is Flying Under Wall St. Radar ( Ad ) price to Sales ratio or P/S is calculated price... Companies with large growth rates will have a favorable growth Score how much cash generated! Does not mean that all companies with large growth rates will have a growth... It to its earnings $ 11.45 significantly from one industry to industry as price divided by earnings look.. Other firms due to differences in methodology and available data 3.42 on January 1st, 2023 100, Las NV... To the Advanced chart & gt ; 1d 5d 3m 6m YTD 1y 3y 5y add this asset your! 100, Las Vegas NV, 89144 MARA compares to other companies, in general, a lower number price! Timeliness indicator for stocks over the short-term average is above the long-term average stock be. Equal to its industry as a measure of financial health non-cash charges a complementary set of indicators to alongside. General Buy signal from the relation between the two signals where the short-term has doubled since last 3 months |.
Port Already In Use: 7199 Cassandra Windows,
Sarah Palmer Obituary,
Articles I
