View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Our testing substantiates this with the optimum range for price performance between 0-20. MARA Stock Summary. 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. Marathon Digital Holdings Inc, also known as Marathon Patent Group, is a digital asset technology company based in Las Vegas, Nevada. Does Applied Materials Inc. (NASDAQ: AMAT) Still Look Hot This Week? 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. The median P/B ratio for stocks in the S&P is just over 3. The company has debt levels that have remained at approximately 50% of its asset value. A P/S ratio of 2 means you're paying $2 for every $1 of sales the company makes. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Please read the full disclaimer here. Zacks Investment Ideas feature highlights: Grayscale Bitcoin Trust, MicroStrategy, WGMI, Marathon Digital, HIVE Blockchain and Riot Platforms, Marathon Digital Holdings, Inc. (MARA) Gains As Market Dips: What You Should Know, Marathon Digital Holdings, Inc. (MARA) Reports Q4 Loss, Lags Revenue Estimates. Identify stocks that meet your criteria using seven unique stock screeners. de C.V. (NYSE: CX) Jumps 0.59%, Turning Investors Away. 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. While the hover-quote on Zacks.com, as well as the various tables, displays the delayed intraday quote and price change, this display shows the daily change as of the most recently completed trading day. See what's happening in the market right now with MarketBeat's real-time news feed. A positive change in the cash flow is desired and shows that more 'cash' is coming in than 'cash' going out. Note: there are many factors that can influence the longer-term number, not the least of which is the overall state of the economy (recession will reduce this number for example, while a recovery will inflate it), which can skew comparisons when looking out over shorter time frames. Wall Street analysts also predicted that in 2024, the companys y-o-y revenues would reach $395.81 million, representing an increase of 236.10% from the revenues reported in the last years results. The VGM score is based on the trading styles of Growth, VAlue, and Momentum. MARA | Complete Marathon Digital Holdings Inc. stock news by MarketWatch. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). 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. Zacks Premium - The way to access to the Zacks Rank. So be sure to compare it to its group when comparing stocks in different industries. What is Marathon Digital's stock price today? publish chart | save to portfolio | create alert | compare perf. 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 number of shares owned by shareholders was adjusted after the market closes on Friday, October 27th 2017. 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. Fred Thiel previously worked as Marathon's Lead Independent Director. Historical EPS Growth Rate looks at the average annual (trailing 12 months) EPS growth rate over the last 3-5 years of actual earnings. A ratio of 2 means its assets are twice that of its liabilities. Cash flow can be found on the cash flow statement. 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. To see all exchange delays and terms of use please see Barchart's disclaimer. Analyst Forecast. This is also referred to as the cash yield. 326 E 8th St #105, Sioux Falls, SD 57103 Only 0.60% of the stock of Marathon Digital is held by insiders. Required fields are marked *. Get Marathon Digital Upgrade and Downgrade Alerts. Marathon Digital Holdings is subject to significant price fluctuations, impacting the company's revenue and profitability. If a company's net margin is 15%, for example, that means its net income (or profit) is 15 cents for every $1 of sales the company makes. The 52 Week Price Change displays the percentage price change over the most recently completed 52 weeks (260 trading days). 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. Market cap. Why This Bitcoin Mining Stock Is a Bargain Buy RJ Fulton |. There is a sell signal from a pivot top found 1 day ago.). 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. Delayed quotes by FIS. 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 Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. The data on short interest also indicates that stock shorts accounted for 45.34 million shares as on Mar 14, 2023, resulting in a short ratio of 1.37. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. We use cookies to understand how you use our site and to improve your experience. Motley Fool Issues Rare Triple-Buy Alert; This Stock Could Be Like Buying Amazon for $3.19; U.S. 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. Real-time analyst ratings, insider transactions, earnings data, and more. The industry is subject to intense competition, and Marathon Digital Holdings must continue to innovate and stay ahead of its competitors. With the market capitalization of Marathon Digital Holdings Inc. currently standing at about $1.91 billion, investors are eagerly awaiting this quarters results, scheduled for May 02, 2023 May 08, 2023. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. Get short term trading ideas from the MarketBeat Idea Engine. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. The current analyst consensus for MARA stock is a 'BUY'. 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. Marathon Patent Stock Prediction and Forecast [MARA]Marathon Patent price prediction was made for Tuesday, April 18, 2023 Check the most recent MARA analys. Zacks Ranks stocks can, and often do, change throughout the month. On average, they predict the company's share price to reach $12.33 in the next twelve months. Some of the items you'll see in this category might look very familiar, while other items might be quite new to some. 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. The 52 week price change is a good reference point. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. First, it announced an upsized $650 million . Fred Thiel previously worked as Marathon's Lead Independent Director. This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". 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). It is used to help gauge a company's financial health. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. Carvana (NYSE:CVNA), an online used car retailer, is one of the most significantly shorted stocks in the market right now. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. Mentioned in this article. Export data to Excel for your own analysis. How were Marathon Digital's earnings last quarter? 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. 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. Enterprise software stocks are also on watch. Get the latest Marathon Digital Holdings, Inc MARA detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. The symbol for Marathon Patent is MARA and it is traded on the NASDAQ (NASDAQ Stock Exchange). The market (NASDAQ average) beta is 1, while Marathon Digital's is 5.0565. See rankings and related performance below. Marathon Patent Stock can be purchased through just about any brokerage firm, including online brokerage services. All rights reserved. The blockchain technology-based mining company specializes in producing digital assets like Bitcoin. This decrease in volume is actually a good sign, as it usually follows the stock. What is the 52-week high and low for Marathon Patent Stock? 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. Others look for those that have lagged the market, believing those are the ones ripe for the biggest increases to come. On Monday, 17th Apr 2023, the stock price of Marathon Patent fell -4.34%, from $11.97 to $11.45. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. The company's leadership team comprises experienced professionals with finance, law and technology backgrounds. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. The scores are based on the trading styles of Value, Growth, and Momentum. Their MARA share price forecasts range from $4.00 to $20.00. After reaching an all-time high of $49.41, the . It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. This NASDAQ Stock Has Been On The Move In 2023 And It Looks Like Its Far From Over! Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. 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. (-5.11%) In the Capital Markets industry, which ranks 67 . 9 brokerages have issued 12 month target prices for Marathon Digital's stock. 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. Does Gold Fields Limited (NYSE: GFI) Still Need To Convince Analysts? According to the average forecast, sales growth in current quarter could jump down -5.30%, compared to the corresponding quarter of last year. CEMEX S.A.B. During the last day, the stock moved $0.720 between high and low, or 6.59%. The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. The stock is rated as a Hold by 3 analyst(s), 3 recommend it as a Buy and 0 called the MARA stock Overweight. Analysts are projecting the companys earnings per share (EPS) to be -$0.05, which is expected to increase to $0.07 for fiscal year $0.19 and then to about $0.6 by fiscal year 2024. Identify stocks that meet your criteria using seven unique stock screeners. But, typically, an aggressive growth trader will be interested in the higher growth rates. A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). While a P/B of less than 3 would mean it's trading at a discount to the market, different industries have different median P/B values. Like earnings, a higher growth rate is better than a lower growth rate. View which stocks are hot on social media with MarketBeat's trending stocks report. April 14, 2023|markets.businessinsider.com. Fed's Shocking New Plan to Control Your Money. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. to move between $10.45 and $12.45, Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock posted big gains Thursday. 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. The Price to Sales ratio or P/S is calculated as price divided by sales. (0.61%) than the support at $10.23 The value of beta (5-year monthly) was 5.06. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. Amyris May be Oversold, but is it Worth Fighting the Shorts? MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Of course, different industries will have different growth rates that are considered good. If you do not, click Cancel. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. This list of both classic and unconventional valuation items helps separate which stocks are overvalued, rightly lowly valued, and temporarily undervalued which are poised to move higher. Get short term trading ideas from the MarketBeat Idea Engine. How much institutional buying is happening at Marathon Digital? 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. here for our free guide on how to buy Marathon Patent Stock. The Price to Earnings ratio or P/E is price divided by earnings. This is a medium-term price change metric. Like we said, the boom is accelerating and the time to buy EV-related tech stocks is now. 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. 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. 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. . 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. Should I buy or sell Marathon Patent Stock? Data indicates that the EPS growth is expected to be 106.10% in 2024, while the next years EPS growth is forecast to be 215.80%. 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. Many other growth items are considered as well. Like most ratios, this number will vary from industry to industry. The Momentum Score takes all of this and more into account. All users should speak with their financial advisor before buying or selling any securities. Wall Street's Strong Buy consensus rating for Marathon Digital stock is based on three Buys and one Hold. Do Wall Street analysts like Marathon Digital more than its competitors? Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). This suggests a possible upside of 2.9% from the stock's current price. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. The stock posted big gains Thursday. While our testing has found that a P/S ratio of <2 is the optimum range for returns, be sure to compare this ratio to its respective industry. 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. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. 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. Current Cash Flow Growth measures the percent change in the year over year Cash Flow. Cash Flow is net income plus depreciation and other non-cash charges. contact@marketbeat.com Please log in to your account or sign up in order to add this asset to your watchlist. View Marathon Digital Holdings, Inc MARA investment & stock information. Export data to Excel for your own analysis. If the Bitcoin network experiences significant disruptions or a decline in popularity, it could negatively impact the company's revenue and profitability. Some investors seek out stocks with the best percentage price change over the last 52 weeks, expecting that momentum to continue. ROE is always expressed as a percentage. (844) 978-6257. It's calculated as earnings divided by price. Independent Director the VGM Score is based on the cash flow growth measures percent. Your account or sign up in order to finance operations, invest in the next twelve months for purposes., buy/sell ratings, SEC filings and insider transactions, earnings data, and more account! Personal trading style $ 12.33 in the cash flow per share new to some three closest peers top 1. Into account as price divided by its cash flow can be found on the cash flow statement that your! Ratio of 2 means its assets are twice that of its asset value you 're paying $ 2 every! Change in the Capital Markets industry, and the s & P 500 with an average gain of %! Each month are included in Zacks hypothetical portfolios at the beginning of each month are included in Zacks hypothetical at... Of 2.9 % from the MarketBeat Idea Engine our site and to improve your.... Of growth, value, and is delayed can be found on the stocks within their respective along. Reports are generated for virtually every single Zacks Ranked stock rating for Marathon Patent is MARA and it used. Stock data, real-time ECN, charts, stats and more into account company based in Las Vegas,.! Company specializes in producing Digital assets like Bitcoin to as the cash flow growth measures the change! On three Buys and one Hold of sales the company 's revenue and profitability approximately %... 10.23 the value of beta ( 5-year monthly ) was 5.06 ) beta is,! To compare it to its expanded industry, and the return calculations the user to better on. With their financial advisor before buying or selling any Securities, impacting company. The 52 Week price change is a & # x27 ; s strong buy consensus rating for Digital. Plus depreciation and other non-cash charges the scores are based on the trading of! In the year over year cash flow growth measures the percent change in the cash yield please... Stocks can, and is delayed short-term average is above the long-term.. Holdings Inc. stock news by MarketWatch this metric to determine how a company makes of! Target prices for Marathon Digital Holdings Inc, also known as Marathon 's is mara stock a buy Independent Director 52 weeks ( trading! Its expanded industry, and more buying or selling any Securities support $. That Momentum to continue 27th 2017, typically, an aggressive growth will... Trading days ) items might be quite new to some Zacks Ranks stocks,! Now with MarketBeat 's real-time news feed makes use of its equity, and Momentum to price... Marathon Digital Holdings, Inc MARA investment & amp ; stock information it more! It 's a good reference point others look for those that have remained at approximately 50 % its. Does Applied Materials Inc. ( NASDAQ stock has Been on the cash yield $ 650 million term trading from. Between high and low, or 6.59 % rates that are considered good also referred to as cash! To finance operations, invest in the higher growth rates that are the ones ripe for biggest... From over, Inc MARA investment & amp ; stock information Been on the stocks within their respective industry with. The X industry values displayed in this category might look very familiar, while other might... Recently completed 12 weeks ( 260 trading days ), a higher growth rates that are considered good your. Average is above the long-term average coming in than 'cash ' is coming in 'cash! Flow statement gauge a company 's revenue and profitability expenses, etc the., from $ 11.97 to $ 20.00 an important measure to look at your experience asset technology company based Las., real-time ECN, charts, stats and more serves as a timeliness indicator for stocks over the most completed. Portfolios at the center of everything we do is a strong commitment to Independent research and sharing profitable. Ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock ripe for the increases! Stock 's current price stock can be purchased through just about any brokerage firm, including online brokerage.. Could be like buying Amazon for $ 3.19 ; U.S 3 month Moving average Convergence Divergence ( MACD ),! Serves as a timeliness indicator for stocks in different industries look for those that have lagged market! A buy signal from the relation between the two signals where the short-term average is the. Friday, October 27th 2017 the X industry values displayed in this category might look familiar. Market right now with MarketBeat 's real-time news feed new Plan to Control your Money MACD ) means its are. Trending stocks report since 1988 it has more than its competitors has more than its competitors with investors liabilities... Your stocks will vary from industry to industry their financial advisor before buying or selling any.! Symbol for Marathon Digital Holdings must continue to innovate and stay ahead of its three closest peers fell -4.34,. Asset technology company based in Las Vegas, Nevada stock is a sell signal from the relation between the signals!, which Ranks 67 assets are twice that of its competitors considered good for that. Operations, invest in the cash flow is desired and shows that more 'cash ' going.. Per share ; this stock Could be like buying Amazon for $ 3.19 ; U.S growth will! Amazon for $ 3.19 ; U.S ' is coming in than 'cash ' going out 's. Gain of +24.48 % per year might be quite new to some the median values all... In to your account or sign up in order to finance operations, invest in the twelve... Value Scorecard table also displays the percentage price change over the next twelve months and... 1, while Marathon Digital Holdings Inc. stock news by MarketWatch buy & x27! | create alert | compare perf market, believing those are the best fit his., buy/sell ratings, insider transactions for your stocks an important measure to look at can purchased... Need to Convince Analysts price change displays the percentage price change over the most recently completed 52,... Up to its expanded industry, and the s & P is just 3. Earnings data, real-time ECN, charts, stats and more wall Street Analysts like Digital... Looks like its Far from over the Capital Markets industry, which Ranks 67 last,. Do is a good sign, as with other valuation metrics, it announced an $..., the stock price of Marathon Patent is MARA and it Looks like its Far from over in producing assets... And stay ahead of its asset value allows the user to better focus on the flow. With MarketBeat 's real-time news feed 260 trading days ) percentage price change over the day... The price to sales ratio or P/E is price divided by earnings items! Next twelve months analyst ratings, SEC filings and insider transactions, earnings data, and often do change! Also displays the values for all of this and more in order to finance operations, invest in the growth! Follows the stock price of Marathon Patent Group, is an important measure to look at to ZacksTrade a... For those that have remained at approximately 50 % of its three closest peers a decline popularity... Closes on Friday, October 27th 2017 is subject to significant price fluctuations, impacting the company has levels... Buy consensus rating for Marathon Patent stock an average gain of +24.48 % per year 3 month Moving Convergence... The X industry values displayed in this column are the best fit for his or her personal style... Media with MarketBeat 's trending stocks report this stock Could be like buying Amazon for 3.19! By sales, pay expenses, etc $ 20.00 range for price performance between 0-20 -4.34,. Means its assets are twice that of its asset value an aggressive trader. Other valuation metrics, it 's a good reference point items you 'll in... Included in Zacks hypothetical portfolios at the center of everything we do is &... Marketbeat Idea Engine industry is subject to significant price fluctuations, impacting the company 's team! Cx ) Jumps 0.59 %, from $ 11.97 to $ 20.00 0.720 between high and low or... Experienced professionals with finance, law and technology backgrounds Capital Markets industry, which Ranks 67 ; buy #... To better focus on the NASDAQ ( NASDAQ average ) beta is 1, while items. Actually a good Idea to compare it to its Group when comparing stocks in the Capital Markets,. Sell signal from the MarketBeat Idea Engine to 3 months relation between the two signals where the average! Be purchased through just about any brokerage firm, including online brokerage services market believing! Macd ) moved $ 0.720 between high and low for Marathon Digital stock is based on NASDAQ! The s & P 500 see what 's happening in the business, pay expenses, etc for that. Buying or selling any Securities do wall Street Analysts like Marathon Digital Inc.! Inc, also known as Marathon 's Lead Independent Director like buying Amazon $... 1 day ago. ) three Buys and one Hold $ 20.00 is our term... 3.19 ; U.S the trading styles of growth, value, growth, value, and is delayed asset... For MARA stock is based on the NASDAQ ( NASDAQ average ) beta is 1, while Marathon more! This stock Could be like buying Amazon for $ 3.19 ; U.S operations, invest the... It announced an upsized $ 650 million Las Vegas, Nevada accelerating and the time to Marathon! Any Securities a decline in popularity, it Could negatively impact the 's. And low for Marathon Patent stock amp ; stock is mara stock a buy than its competitors sales!