View which stocks are hot on social media with MarketBeat's trending stocks report. Marathon Digital's stock was trading at $3.42 on January 1st, 2023. What is Marathon Digital's consensus rating and price target? Join the Conversation! 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. This includes measuring aspects of the Income Statement, Statement of Cash Flows, the Balance Sheet, and more. Terms of Use and Privacy Policy. The chart below shows how a company's share price and consensus price target have changed over time. Find the latest Marathon Digital Holdings, Inc. (MARA) stock discussion in Yahoo Finance's forum. The Growth Scorecard evaluates sales and earnings growth along with other important growth measures. The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Marathon Digital's mailing address is 1180 North Town Center Drive Suite 100, LAS VEGAS NV, 89144. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. Is Marathon Digital Holdings Stock a Buy Now? publish chart | save to portfolio | create alert | compare perf. To see all exchange delays and terms of use please see Barchart's disclaimer. Historical EPS Growth Rate looks at the average annual (trailing 12 months) EPS growth rate over the last 3-5 years of actual earnings. Others look for those that have lagged the market, believing those are the ones ripe for the biggest increases to come. 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 . 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. As of the 2023-04-17, the market capitalization of Marathon Patent is 937.073M. 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. A value greater than 1, in general, is not as good (overvalued to its growth rate). An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. A ratio of 2 means its assets are twice that of its liabilities. But they all have their place in the Growth style. In-depth profiles and analysis for 20,000 public companies. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. 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. 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. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. IAMGOLD Corporation (NYSE: IAG) Is Up 17.44% Year-To-Date, But Analysts Find Room For A Price Rally. A P/B of 0.5 means its selling at half its book value. 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. which gives a possible trading interval of +/-$1.00 (+/-8.76%) up or down from last closing price. A 'good' number would usually fall within the range of 1.5 to 3. Netflix is nearing a buy point of 349.90 in a cup with handle. It is essentially the inverse of the P/E ratio. 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. Since the stock is closer to the resistance from accumulated volume at $11.52 In general, the lower the ratio is the better. After the P/E ratio, it's one of the most common valuation metrics. 3.141 The company's gross profit margins have improved over time, but the company's blended profit margin since the IPO is about -180%. The monthly returns are then compounded to arrive at the annual return. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. This is also commonly referred to as the Asset Utilization ratio. The blockchain technology-based mining company specializes in producing digital assets like Bitcoin. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. Trading volume has been higher than industry peers averaging around 31 million daily shares. The stock posted big gains Thursday. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. MARA | Complete Marathon Digital Holdings Inc. stock news by MarketWatch. (This stock has very high daily movements and this gives very high risk. Further fall is indicated until a new bottom pivot has been found. 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. That does not mean that all companies with large growth rates will have a favorable Growth Score. Users should not base their investment decision upon StockInvest.us. If, on the other hand, it went from $1.00 to 90 cents, that would be a -10% change in the consensus estimate revision. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. Wall Street's Strong Buy consensus rating for Marathon Digital stock is based on three Buys and one Hold. The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. Marathon Digital Holdings (MARA) Stock Price & Analysis. A positive change in the cash flow is desired and shows that more 'cash' is coming in than 'cash' going out. Systematic retrieval of data or other content from StockInvest.us, whether to create or compile, post to other websites, directly or indirectly, as text, video or audio, a collection, compilation, database or directory, is prohibited absent our express prior written consent. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate. Know what industry insiders are buying. I am of the opinion that buying cryptocurrencies directly is preferred to investing in listed crypto miners, assuming one has a favorable . A value under 20 is generally considered good. Less than 1 means its liabilities exceed its short-term assets (cash, inventory, receivables, etc.). 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. (0.61%) than the support at $10.23 Zacks Style Scores Education - Learn more about the Zacks Style Scores. In the meantime, 0 analyst(s) believe the stock as Underweight and 0 think it is a Sell. According to the issued ratings of 9 analysts in the last year, the consensus rating for Marathon Digital stock is Hold based on the current 5 hold ratings and 4 buy ratings for MARA. (Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets.) If a company's expenses are growing faster than their sales, this will reduce their margins. Many other growth items are considered as well. If you do not, click Cancel. The income number is listed on a company's Income Statement. $11.35 Get short term trading ideas from the MarketBeat Idea Engine. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. But note, different industries have different margin rates that are considered good. Our daily ratings and market update email newsletter. The official website for the company is www.marathonpg.com. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. Why This Bitcoin Mining Stock Is a Bargain Buy RJ Fulton |. According to the data, the short interest in Marathon Digital Holdings Inc. (MARA) stood at 27.11% of shares outstanding as of Mar 14, 2023; the number of short shares registered in Feb 14, 2023 reached 45.51 million. 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. One of the reasons some investors prefer the P/S ratio over other metrics like the P/E ratio is because sales are harder to manipulate on an income statement than earnings. Zacks Style Scores Education - Learn more about the Zacks Style Scores. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. Cash Flow is net income plus depreciation and other non-cash charges. (-5.11%) It's then divided by the number of shares outstanding to determine how much cash is generated per share. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought and the RSI is still moving upwards. * indicates the important links in the menu, After-Market: How good is it? Compare Top Brokerages Here. Seeing a company's projected sales growth instantly tells you what the outlook is for their products and services. Others will look for a pullback on the week as a good entry point, assuming the longer-term price changes (4 week, 12 weeks, etc.) When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. Who are Marathon Digital's major shareholders? A breakdown below any of these levels will issue sell signals. Projected EPS Growth looks at the estimated growth rate for one year. Of course, different industries will have different growth rates that are considered good. What is the market capitalization of Marathon Patent Stock? So the PEG ratio tells you what you're paying for each unit of earnings growth. Like many of its peers, Marathon's stock price has been closely tied to bitcoin prices. 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. Marathon Digital has been rated by B. Riley, Chardan Capital, and Compass Point in the past 90 days. Growth Style - Learn more about the Growth Style. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MARA, but not buy additional shares or sell existing shares. Click Here to Download the FREE Report. When is Marathon Digital's next earnings date? In-depth profiles and analysis for 20,000 public companies. And, of course, the 4 week change helps put the 1 week change into context. The predicted opening price is based on yesterday's movements between high, low, and closing price. As a point of reference, over the last 10 years, the median sales growth for the stocks in the S&P 500 was 14%. Value Style - Learn more about the Value Style. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. Learn more on how MARA compares to other companies. Marathon Digital Holdings Inc's trailing 12-month revenue is $117.8 million with a -583.2% profit margin. A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets. Within the VGM 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 srocks with the highest probability of success. And services Learn more about the growth Scorecard evaluates sales and earnings growth others look for those have. 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