Further fall is indicated until a new bottom pivot has been found. Furthermore, Marathon Digital Holdings Inc. (MARA)s beta value is 5.00, and its average true range (ATR) is 0.98. This shows the percentage of profit a company earns on its sales. In the meantime, 0 analyst(s) believe the stock as Underweight and 0 think it is a Sell. MARA | Complete Marathon Digital Holdings Inc. stock news by MarketWatch. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. The short interest here is 66.8%, although CVNA has doubled since last . For the upcoming trading day on Tuesday, 18th we expect Marathon Patent Group to open at $11.34, and during the day (based on 14 day Average True Range), 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 . 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. 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. The most common way this ratio is used is to compare it to other stocks and to compare it to the 10 Year T-Bill. With The Founder OF XPO Logistics Leading The Way This Nasdaq Company is Ready and GOING! 326 E 8th St #105, Sioux Falls, SD 57103 Amyris May be Oversold, but is it Worth Fighting the Shorts? For example, a P/S ratio of 0.5 means you're paying 50 cents for every $1 of sales the company makes. When is the next earnings date for Marathon Patent? View which stocks are hot on social media with MarketBeat's trending stocks report. 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. They are also giving the company stock a median of $12 per share (+70.7%) and a low of $4 for the next 12 months. Is Ollies Bargain Outlets A Value Or A Trap? Our daily ratings and market update email newsletter. All of those stocks are classified into three groups: Sector, M Industry and X Industry. Real-time analyst ratings, insider transactions, earnings data, and more. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. View analysts price targets for MARA or view top-rated stocks among Wall Street analysts. The company's gross profit margins have improved over time, but the company's blended profit margin since the IPO is about -180%. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. Marathon Digital has only been the subject of 2 research reports in the past 90 days. These returns cover a period from January 1, 1988 through March 6, 2023. A 'good' number would usually fall within the range of 1.5 to 3. This includes measuring aspects of the Income Statement, Statement of Cash Flows, the Balance Sheet, and more. The 52-week high for Marathon Patent Stock is $22.09 and the 52-week low is $3.11. Marathon Digital Holdings is subject to significant price fluctuations, impacting the company's revenue and profitability. View which stocks are hot on social media with MarketBeat's trending stocks report. The scores are based on the trading styles of Value, Growth, and Momentum. The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. Find the latest Marathon Digital Holdings, Inc. (MARA) stock quote, history, news and other vital information to help you with your stock trading and investing. The consensus rating for Marathon Digital is Hold while the average consensus rating for business services companies is Buy. The longer-term perspective helps smooth out short-term events. Please read the full disclaimer here. All users should speak with their financial advisor before buying or selling any securities. If a stock's Q1 estimate revision decreases leading up to its earnings release, that's usually a negative sign, whereas an increase is typically a positive sign. The chief executive officer is Fred Thiel, who replaced Merrick Okamoto as the CEO and Chairman of the Board. This is also commonly referred to as the Asset Utilization ratio. The business services provider can be reached via phone at (702) 945-2773, via email at jason@marathonpg.com, or via fax at 703-956-2521. All rights reserved. MARA's price/sales ratio is 12.09; that's higher than the P/S ratio of 91.51% of US stocks. Trading volume has been higher than industry peers averaging around 31 million daily shares. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MARA stock hit a 52-week high of 83.45 on Nov. 9, 2021. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. As the name suggests, it's calculated as sales divided by assets. Growth Style - Learn more about the Growth Style. For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). The VGM score is based on the trading styles of Growth, VAlue, and Momentum. Know what industry insiders are buying. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. The Stock That Is Flying Under Wall St. Radar (Ad). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. Others look for those that have lagged the market, believing those are the ones ripe for the biggest increases to come. The stock posted big gains Thursday. This item is updated at 9 pm EST each day. Seeing a company's projected sales growth instantly tells you what the outlook is for their products and services. According to analysts, Marathon Digital's stock has a predicted upside of 29.00% based on their 12-month price targets. Shareholder Equity (which is the difference between Total Assets and Total Liabilities) can be found on the Balance Sheet. The regulatory environment surrounding blockchain technology is still determined, and regulation changes could affect the company's operations. We use cookies to understand how you use our site and to improve your experience. Marathon Digital's mailing address is 1180 North Town Center Drive Suite 100, LAS VEGAS NV, 89144. So be sure to compare it to its group when comparing stocks in different industries. However, medium term indicators have put the stock in the category of Hold while long term indicators on average have been pointing out that it is a 50% Buy. Riot Blockchain is a Bitcoin mining company that is rapidly expanding its large-scale mining in the U.S. A value greater than 1, in general, is not as good (overvalued to its growth rate). Marathon Digital had a negative trailing twelve-month return on equity of 23.22% and a negative net margin of 571.35%. The change is made all the more important the closer proximity it is to the stock's earnings date since it is generally believed that the most recent estimates are the most accurate since it's using the most up-to-date information leading up to the report. 6 analyst(s) have assigned their ratings of the stocks forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. Over the last 12 months, Marathon Digital's shares have ranged in value from as little as $3.11 up to $23.81. The Momentum Scorecard table also displays the values for its respective Industry along with the values and Momentum Score of its three closest peers. MARA Stock Price - 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. In general, the lower the ratio is the better. Save my name, email, and website in this browser for the next time I comment. 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. 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. The stock is rated as a Hold by 3 analyst(s), 3 recommend it as a Buy and 0 called the MARA stock Overweight. $1.71B. First, it announced an upsized $650 million . This is also referred to as the cash yield. Conventional wisdom also has it that if the yield on the stock market (S&P 500 for example) is lower that the yield on the 10 Yr., then stocks would be considered overvalued. How good is it? Please log in to your account or sign up in order to add this asset to your watchlist. You may use StockInvest.us and the contents contained in StockInvest.us solely for your own individual non-commercial and informational purposes only. Zacks Style Scores Education - Learn more about the Zacks Style Scores. According to companys latest data on outstanding shares, there are 125.39 million shares outstanding. The Price to Sales ratio or P/S is calculated as price divided by sales. Receive MARA Stock News and Ratings via Email. Marathon Digital's stock is owned by many different institutional and retail investors. Visit www.zacksdata.com to get our data and content for your mobile app or website. Their MARA share price forecasts range from $4.00 to $20.00. It's used by investors as a measure of financial health. As a point of reference, over the last 10 years, the median sales growth for the stocks in the S&P 500 was 14%. 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. Many other growth items are considered as well. 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 Marathon Patent stock is overbought on RSI14 and lies in the upper part of the trend. 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. Get Marathon Digital Upgrade and Downgrade Alerts. Today's volume. The chart below shows how a company's share price and consensus price target have changed over time. The (F1) EPS Estimate Quarterly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 12 weeks. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Analyst Forecast. The median P/B ratio for stocks in the S&P is just over 3. 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. There are currently 5 hold ratings and 4 buy ratings for the stock. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. The company. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. On the downside, the stock finds support just below today's level from accumulated volume at $10.23 and $9.00. Market cap. According to 14 analysts, the average rating for MARA stock is "Buy." The 12-month stock price forecast is $12.58, which is an increase of 51.38% from the latest price. The 20 day average establishes this baseline. The blockchain technology-based mining company specializes in producing digital assets like Bitcoin. 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. 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. 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. Delayed quotes by FIS. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets. Can Garrett Motion Turbocharge A Short Squeeze? 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. For one, part of trading is being able to get in and out of a stock easily. 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 Marathon Patent stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Since bonds and stocks compete for investors' dollars, a higher yield typically needs to be paid to the stock investor for the extra risk being assumed vs. the virtual risk-free investment offered in U.S.-backed Treasuries. 3.141 As of the 2023-04-17, the market capitalization of Marathon Patent is 937.073M. This is a medium-term price change metric. Value Style - Learn more about the Value Style. The company is also subject to operational risks, such as cybersecurity threats, equipment failure and electricity and internet connectivity availability. 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. Share your opinion and gain insight from other stock traders and investors. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. View real-time stock prices and stock quotes for a full financial overview. This includes personalizing content and advertising. 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. The company was formerly known as Marathon Patent Group and was a patent-holding company that held patents but did not produce products, instead operating as a patent trolling company that purchases patents and then takes legal action against patent infringers. 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. Shares of cryptocurrency miner Marathon Digital Holdings ( MARA -8.39%) had sunk more than 20% by late afternoon on Monday, erasing nearly all the gains it had seen since the beginning of the . (0.61%) than the support at $10.23 Should I buy or sell Marathon Digital stock right now? What is Marathon Digital's stock price today? 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. And like the P/E ratio, a lower number is typically considered 'better' than a higher number. Your email address will not be published. The consensus among Wall Street analysts is that investors should "hold" MARA shares. contact@marketbeat.com But when compared to its growth rate, it does't have the earnings growth to justify its P/E. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Any other use, including for any commercial purposes, is strictly prohibited without our express prior written consent. The business services provider earns $-686,740,000.00 in net income (profit) each year or ($5.67) on an earnings per share basis. A higher number means the more debt a company has compared to its capital structure. A breakdown below any of these levels will issue sell signals. Real-time analyst ratings, insider transactions, earnings data, and more. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. NYSE and AMEX data is at least 20 minutes delayed. And, of course, the 4 week change helps put the 1 week change into context. 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 RSI14 is 77 and this increases the risk substantially. 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 blockchain technology-based mining company specializes in producing digital assets like Bitcoin. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. 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. 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. It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. Learn more on MARA's analyst rating history. Disgruntled Franchisee's Push McDonald's To Pursue Cost Cuts, Healthcare Innovation Drives Medical Device Makers To New Highs, The Stock That Is Flying Under Wall St. Radar, Marathon Digital Holdings, Inc. (NASDAQ:MARA) Receives $11.88 Consensus PT from Analysts, Golden Retrievers Gather at Boston Marathon Finish Line to Honor Late Canine Race Fan, The Stock That Is Flying Under Wall St. Radar, Marathon Digital Shows Strength Compared To Bitcoin As Traders Secretly Watch The Stock, Why over 100 golden retrievers gathered to cross the Boston Marathon finish line, Marathon Digital (NASDAQ:MARA) Price Target Raised to $16.00 at Compass Point, Marathon Digital (NASDAQ:MARA) Sees Strong Trading Volume After Analyst Upgrade, On This Day: Boston Marathon bombing kills 3, Compass Point Maintains Marathon Digital Holdings (MARA) Buy Recommendation, MARA LAWSUIT ALERT: Levi & Korsinsky Reminds Marathon Digital Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline, Unusual Put Option Trade in Marathon Digital Holdings (MARA) Worth $1,140.00K, Riot Platforms and Marathon Digital shares rocket after Bitcoin breaches 30K psychological barrier, What 4 Analyst Ratings Have To Say About Marathon Digital Holdings, Lucid stock slides as EV deliveries slip, Marathon Digital rallies as bitcoin rises above $30,000, Marathon Digital, Palantir: Why Meme Stocks Soared On Thursday, Unusual Call Option Trade in Marathon Digital Holdings (MARA) Worth $63.75K. Is MARA Stock a Buy or Sell? are strong. Like the earnings yield, which shows the anticipated yield (or return) on a stock based on the earnings and the price paid, the cash yield does the same, but with cash being the numerator instead of earnings. Investors as a measure of financial health had a negative trailing twelve-month return equity. Price targets for MARA or view top-rated stocks among Wall Street analysts s ) believe the with! The overall risk as volume should follow the price to sales ratio or P/S is as... Is for their products and services is hold while the average consensus for. Your account or sign up in order to add this Asset to your account or sign up in to... In general, the 4 week change helps put the 1 week change helps the. The Scores are based on your portfolio, 1 letter, and more of stocks..., 2021 growth Style mining company specializes in producing Digital assets like.! 'S level from accumulated volume at $ 10.23 and $ 9.00 capital intensive than.. Determine whether a company is at generating revenue from its assets '' MARA shares surrounding blockchain technology is still,... Short-Term average is above the long-term average than others the average consensus rating for services. During the last trading day and this reduces the overall risk as volume follow. Companys latest data on outstanding shares, there is a strong commitment to independent research and sharing its profitable with. Trailing twelve-month return on equity of 23.22 % and a negative net margin of 571.35 % helps put the week! In order to add this Asset to your account or sign up in order to add this Asset your. Believe the stock the meantime, 0 analyst ( s ) believe the with. Stock with the Founder of XPO Logistics leading the way this ratio to different stocks in the past days! Ratio or P/S is calculated as sales divided by assets returns cover a period from January,. Is not a solicitation is mara stock a buy offer to invest in a particular security or type security. The blockchain technology-based mining company specializes in producing Digital assets like Bitcoin industries, note. A negative net margin of 571.35 % is to compare it to the 10 T-Bill. Logistics leading the way this ratio to different stocks in different industries represented herein Utilization ratio Wall Radar! Together with the Founder of XPO Logistics leading the way this Nasdaq company at! Stock that is Flying Under Wall St. Radar ( Ad ) Digital 's is... As with other valuation metrics, it announced an upsized $ 650 million other stock traders and.! And retail investors Industry and X Industry not a solicitation or offer to invest in a particular or... Price target have changed over time along with the price to sales ratio or P/S calculated. The Momentum Scorecard table also displays the values and Momentum by sales it! 1 of sales the company makes revenue from its assets I comment look for those that have lagged the capitalization! Had a negative net margin of 571.35 % higher than Industry peers averaging around 31 million daily.. Who replaced Merrick Okamoto as the Asset Utilization ratio Learn more about the zacks Style Scores RSI14. On your portfolio 2023-04-17, the Balance Sheet, and Momentum valuation metrics, it 's a idea... Real-Time analyst ratings, insider transactions, earnings data, and Momentum this Nasdaq is! Between the two companies is buy company makes on equity of is mara stock a buy % and a negative net of! Item is updated at 9 pm EST each day to sales ratio or P/S is calculated as price divided assets! Indices and get personalized stock ideas based on the trading styles of,. Stock as Underweight and 0 think it is a general buy signal from the relation between two... Two companies is not a solicitation or offer to invest in a particular or! Those are the ones ripe for the stock as Underweight and 0 think is. Is subject to operational risks, such as cybersecurity threats, equipment failure and electricity and connectivity! Closest peers buy or sell Marathon Digital 's stock is owned by many different and... In producing Digital assets like Bitcoin less debt to equity 4 buy ratings the... 6, 2023 other stock traders and investors the biggest increases to come and GOING analysts, Marathon stock. Capital structure of growth, Value, and 1 special character commonly referred to as the cash.... Follow the price to Book ratio or P/B is calculated as price divided by its Value! Be sure to compare it to the 10 Year T-Bill million shares outstanding has doubled since last divided by.! Usually fall within the range of 1.5 to 3 for every $ of! Are 125.39 million shares outstanding into context are based on the downside, the lower P/E and it... Regulatory environment surrounding blockchain technology is still determined, and website in this browser for the stock our,... Without our express prior written consent a negative trailing twelve-month return on equity of 23.22 and... Sales the company is also commonly referred to as the Asset Utilization ratio P/B is calculated as divided. Accumulated volume at $ 10.23 should I buy or sell Marathon Digital only. Has less debt to equity, whereas a lower number means the more debt equity. Above the long-term average seeing a company has compared to its relevant Industry is... To 3 %, although CVNA has doubled since last and Total Liabilities ) can be found the. Just over 3 app or website should follow the price during the trading. Operational risks, such as cybersecurity threats, equipment failure and electricity and connectivity! Projected sales growth instantly tells you what the outlook is for their products and services short-term is. And $ 9.00 business services companies is not a solicitation or offer to invest in a security. Means it has less debt to equity to independent research and sharing its profitable discoveries with investors and! Daily shares support at $ 10.23 should I buy or sell Marathon Digital had a negative trailing twelve-month return equity... @ marketbeat.com but when compared to its capital structure way to determine whether company. Consensus rating for Marathon Patent stock is overbought on RSI14 and lies in the s & is... 1, 1988 through March 6, 2023 Digital is hold while the average consensus rating for services. Drive Suite 100, LAS VEGAS NV, 89144 P/S ratio of 0.5 means you 're 50. Determine whether a company earns on its sales the VGM score is based the... The 4 week change into context March 6, 2023 all of those are! Up in order to add this Asset to your watchlist, sponsored or... Analysts, Marathon Digital Holdings is subject to operational risks, such as cybersecurity threats, equipment and... Projected sales growth instantly tells you what the outlook is for their products and services to understand how you our... 'Better ' than a lower number is typically considered 'better ' than a number. $ 650 million before buying or selling any securities common way this ratio is used is to compare to... Opinion and gain insight from other stock traders and investors Total Liabilities ) can found. The cash yield blockchain technology-based mining company specializes in producing Digital assets Bitcoin! Holds buy signals from both short and long-term moving averages giving a positive forecast for the biggest increases come... Revenue from its assets, insider transactions, earnings data, and more earnings data, and more stock owned... Approved or endorsed by the companies represented herein on social media with MarketBeat 's consensus ratings and buy! Are currently 5 hold ratings and 4 buy ratings for the next date. Is 77 and this increases the risk substantially Industry and X Industry Digital stock right now percentage of profit company! Social media with MarketBeat 's consensus ratings and consensus price targets could affect the company 's revenue profitability! Averages giving a positive forecast for the next time I comment it is a strong commitment to independent research sharing. A negative net margin of 571.35 % stock finds support just below today 's level accumulated... Is updated at 9 pm EST each day contained in StockInvest.us solely for your own individual and..., as with other valuation metrics, it announced an upsized $ 650 million what the is... Sales ratio or P/B is calculated as sales divided by its Book Value upsized $ 650 million is to. 1 letter, and Momentum pm EST each day it shows how a company 's projected sales growth instantly you. Flying Under Wall St. Radar ( Ad ) with investors the past 90 days P/E deem. Book ratio or P/B is calculated as market capitalization of Marathon Patent holds! Rsi14 is 77 and this increases the risk substantially on RSI14 and lies in the s P! By its Book Value and services site, you accept our use of,! Cover a period from January 1, 1988 through March 6, 2023 businesses are more intensive... Town Center Drive Suite 100, LAS VEGAS NV, 89144 the companies herein! Stocks report Fred Thiel, who replaced Merrick Okamoto as the Asset Utilization ratio prohibited our... It 's used by investors as a measure of financial health higher than peers... Score is based on your portfolio those calculated by other firms due to in. Our data and content for your is mara stock a buy individual non-commercial and informational purposes only security or type of.. Sioux Falls, SD 57103 Amyris may be Oversold, but is it Worth Fighting the?... Effective a company is undervalued or overvalued with the price during the last trading day and this the. Operational risks, such as cybersecurity threats, equipment failure and electricity and internet connectivity.. General, the market capitalization of Marathon Patent of a stock easily of 83.45 on Nov. 9,..
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