It is used to help gauge a company's financial health. 9 brokerages have issued 12 month target prices for Marathon Digital's stock. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. 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. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. In the Capital Markets industry, which ranks 67 . Within the Finance Sector, it would fall into the M Industry of Banks & Thrifts. attractive and any bets should be held until the stock is closer to the support level. Today's volume. What is Marathon Digital's consensus rating and price target? First, it announced an upsized $650 million . 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. Valuation metrics show that Marathon Digital Holdings, Inc. may be overvalued. Marathon Digital has only been the subject of 2 research reports in the past 90 days. Get the latest Marathon Digital Holdings, Inc MARA detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Learn more on how MARA compares to other companies. Analysts are predicting Marathon Digital to surge as high as $20 per share this year, up +185% from its current share price of $7.03. So be sure to compare a stock to its industry's growth rate when sizing up stocks from different groups. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. Macau Casinos Are Hot: Is MGM Resorts The Play? Company Summary. But they all have their place in the Growth style. The income number is listed on a company's Income Statement. 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. Disgruntled Franchisee's Push McDonald's To Pursue Cost Cuts, Healthcare Innovation Drives Medical Device Makers To New Highs, Skip Chart and View Analyst Price Target History. In-depth profiles and analysis for 20,000 public companies. All of those stocks are classified into three groups: Sector, M Industry and X Industry. In addition, Marathon Digital Holdings, Inc. has a VGM Score of F (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. The blockchain technology-based mining company specializes in producing digital assets like Bitcoin. The Price to Earnings ratio or P/E is price divided by earnings. The company. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Marathon Digital shares reverse split on Monday, October 30th 2017. If you do not, click Cancel. MARA Signals & Forecast. Our recommended stop-loss: All rights reserved. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Of note is the ratio of MARATHON DIGITAL HOLDINGS INC's sales and general administrative expense to its total operating expenses; only 3.36% of US stocks have a lower such ratio. The Sales to Assets ratio (or Sales to Total Assets or S/TA for short) shows how much sales are generated from a company's assets. 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. The Growth Scorecard table also displays the values for its respective Industry along with the values and Growth Score of its three closest peers. -0.10 (-0.87%) A ratio of 1 means a company's assets are equal to its liabilities. 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. The consensus among Wall Street analysts is that investors should "hold" MARA shares. That means these items are added back into the net income to produce this earnings number. One share of MARA stock can currently be purchased for approximately $11.45. These are the best growth stocks to buy for 2023 with the business . Identify stocks that meet your criteria using seven unique stock screeners. 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. Actively observing the price movement in the last trading, the stock closed the session at $9.95, falling within a range of $10.37 and $11.69. View real-time stock prices and stock quotes for a full financial overview. StockInvest.us is a research service that provides financial data and technical analysis of publicly traded stocks. In contrast, the net income that goes into the earnings portion of the P/E ratio does not add these in, thus artificially reducing the income and skewing the P/E ratio. To see all exchange delays and terms of use please see Barchart's disclaimer. 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. This suggests a possible upside of 20.6% from the stock's current price. 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. Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. A 'good' number would usually fall within the range of 1.5 to 3. 9 Wall Street research analysts have issued twelve-month target prices for Marathon Digital's shares. View institutional ownership trends. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. 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. Marathon Digital Holdings has several potential growth opportunities, including expanding its mining operations, launching new digital asset products and exploring partnerships with other blockchain technology companies. The 1 week price change reflects the collective buying and selling sentiment over the short-term. Is MARA Stock A Buy, Sell, or Hold? A strong cash flow is important for covering interest payments, particularly for highly leveraged companies. View our MARA earnings forecast. Marathon Digital's mailing address is 1180 North Town Center Drive Suite 100, LAS VEGAS NV, 89144. If the Bitcoin network experiences significant disruptions or a decline in popularity, it could negatively impact the company's revenue and profitability. On Monday, 17th Apr 2023, the stock price of Marathon Patent fell -4.34%, from $11.97 to $11.45. Marathon Patent Stock can be purchased through just about any brokerage firm, including online brokerage services. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Macau Casinos Are Hot: Is MGM Resorts The Play? Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Some negative signals were issued as well, and these may have some influence on the near short-term development. In short, this is how much a company is worth. 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. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. 3.141 Get actionable alerts from top Wall Street Analysts. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. 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. Like many of its peers, Marathon's stock price has been closely tied to bitcoin prices. In the meantime, 0 analyst(s) believe the stock as Underweight and 0 think it is a Sell. Another challenge for Marathon Digital Holdings is the reliance on the Bitcoin mining industry. Marathon Digital does not currently pay a dividend. Debt to Capital (or D/C ratio) is the fraction of debt (including mortgages and long-term leases) to long-term capitalization. A positive change in the cash flow is desired and shows that more 'cash' is coming in than 'cash' going out. A P/B of 2 means it's selling at 2 times its book value. $1.71B. (844) 978-6257. Users should not base their investment decision upon StockInvest.us. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. The average price target is $10.00 with a high forecast of $15.00 and a low forecast of $5.00. A sales/assets ratio of 2.50 means the company generated $2.50 in revenue for every $1.00 of assets on its books. It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. 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. MARA Stock Chart & Stats. Amyris May be Oversold, but is it Worth Fighting the Shorts? Is MARA Stock a Buy or Sell? Analysts like Marathon Digital less than other Business Services companies. When is Marathon Digital's next earnings date? 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). Upgrade to MarketBeat All Access to add more stocks to your watchlist. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. The number of shares owned by shareholders was adjusted after the market closes on Friday, October 27th 2017. You can buy and sell Marathon Digital (MARA) and other stocks, ETFs, and options commission-free on Robinhood with real-time quotes, market data, and relevant news. See rankings and related performance below. Market cap. The 20 day average establishes this baseline. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. Other notable executive management team members include Hugh Gallagher, the Chief Financial Officer with over thirty years of experience in capital markets, investment analysis and treasury management. In this case, it's the cash flow growth that's being looked at. These risks could impact the company's ability to mine digital assets and generate revenue. The current analyst consensus for MARA stock is a 'BUY'. You may use StockInvest.us and the contents contained in StockInvest.us solely for your own individual non-commercial and informational purposes only. I am of the opinion that buying cryptocurrencies directly is preferred to investing in listed crypto miners, assuming one has a favorable . 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. Volume is a useful item in many ways. Can Garrett Motion Turbocharge A Short Squeeze? Should I buy or sell Marathon Patent Stock? 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