Marathon Digital has received a consensus rating of Hold. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. What is the market capitalization of Marathon Patent Stock? Marathon Digital Holdings Inc, also known as Marathon Patent Group, is a digital asset technology company based in Las Vegas, Nevada. When is Marathon Digital's next earnings date? If this is broken, then the next support from accumulated volume will be at $9.00 and $8.75. This is useful for obvious reasons, but can also put the current day's intraday gains into better context by knowing if the recently completed trading day was up or down. 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. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Marathon Digital (NASDAQ: MARA) stock has been among the best performing stocks in the last year. Sign-up to receive the latest news and ratings for Marathon Digital and its competitors with MarketBeat's FREE daily newsletter. Mostly positive signals in the chart today. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. Learn more on MARA's analyst rating history. 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. 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. 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. A value greater than 1, in general, is not as good (overvalued to its growth rate). 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. The blockchain technology-based mining company specializes in producing digital assets like Bitcoin. Marathon Digital Holdings Inc ( MARA) has fallen Monday morning, with the stock losing -4.59% in pre-market trading to 11.42. The Stock That Is Flying Under Wall St. Radar (Ad). -0.10 (-0.87%) Get daily stock ideas from top-performing Wall Street analysts. Growth Style - Learn more about the Growth Style. Many other growth items are considered as well. Learn more on how MARA compares to other companies. 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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. $10.86 It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. The P/E ratio of Marathon Digital is -2.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. See rankings and related performance below. Using this item along with the 'Current Cash Flow Growth Rate' (in the Growth category above), and the 'Price to Cash Flow ratio' (several items above in this same Value category), will give you a well-rounded indication of the amount of cash they are generating, the rate of their cash flow growth, and the stock price relative to its cash flow. 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. Fred Thiel previously worked as Marathon's Lead Independent Director. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. Current score: Current Cash Flow Growth measures the percent change in the year over year Cash Flow. View which stocks are hot on social media with MarketBeat's trending stocks report. It's typically categorized as a valuation metric and is most often quoted as Cash Flow per Share and as a Price to Cash flow ratio. 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. In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). The average stock price target of $10 suggests that the . One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. 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. For example, a regional bank would be classified in the Finance Sector. 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. 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 . 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. 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. Marathon Digital Holdings has experienced growth issues since its inception, with the stock price dropping from its IPO price of $100 to around $8. In-depth profiles and analysis for 20,000 public companies. Marathon Digital (NASDAQ:MARA) has a market capitalization of $1.92 billion and generates $117.75 million in revenue each year. A breakdown below any of these levels will issue sell signals. The short interest here is 66.8%, although CVNA has doubled since last . Export data to Excel for your own analysis. This is a medium-term price change metric. This purchase volume represents approximately $1.11B in transactions. 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. 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. 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. Volume is a useful item in many ways. Marathon Digital Holdings Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months. It measures a company's ability to pay short-term obligations. The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. 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. 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. MARA | Complete Marathon Digital Holdings Inc. stock news by MarketWatch. 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 Marathon Patent stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. 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. Who are Marathon Digital's major shareholders? And, of course, the 4 week change helps put the 1 week change into context. Investors like this metric as it shows how a company finances its operations, i.e., what percentage is financed thru shareholder equity or debt. Is MARA Stock a Buy or Sell? 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. Visit Performance Disclosure for information about the performance numbers displayed above. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Advanced Chart > 1d 5d 3m 6m YTD 1y 3y 5y. Marathon Digital has been rated by B. Riley, Chardan Capital, and Compass Point in the past 90 days. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Should I buy or sell Marathon Patent Stock? American Consumer News, LLC dba MarketBeat 2010-2023. ROE is always expressed as a percentage. So the PEG ratio tells you what you're paying for each unit of earnings growth. Our recommended stop-loss: 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. We see that MARAs technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. As a point of reference, over the last 10 years, the median sales growth for the stocks in the S&P 500 was 14%. publish chart | save to portfolio | create alert | compare perf. The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. For the last week, the stock has had daily average volatility of 11.02%. The upcoming earnings date for Marathon Patent is 2023-05-03 00:00:00. Turning to Wall Street, MARA is a Moderate Buy based on four Buys and three Hold ratings. technical signals. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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. Earnings for Marathon Digital are expected to grow in the coming year, from ($0.01) to $0.29 per share. A P/S ratio of 2 means you're paying $2 for every $1 of sales the company makes. (844) 978-6257. The 52 week price change is a good reference point. And margin rates can vary significantly across these different groups. Today's volume. To see all exchange delays and terms of use please see Barchart's disclaimer. Buying MARA stock today gets you into the cryptocurrency market. That means these items are added back into the net income to produce this earnings number. . The blockchain technology-based mining company specializes in producing digital assets like Bitcoin. 9 brokerages have issued 12 month target prices for Marathon Digital's stock. 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 . In the meantime, 0 analyst(s) believe the stock as Underweight and 0 think it is a Sell. 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. View institutional ownership trends. 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. 7:58 PM ET. Zacks Style Scores Education - Learn more about the Zacks Style Scores. The Projected Sales Growth (F1/F0) looks at the estimated growth rate for the current year. 3 Stocks to Buy for a Massive Short . Real time prices by BATS. 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 . Nearly 0.20% of Marathon Digital Holdings Inc.s shares belong to company insiders and institutional investors own 37.50% of the companys shares. $11.35 Marathon Patent Stock Prediction and Forecast [MARA]Marathon Patent price prediction was made for Tuesday, April 18, 2023 Check the most recent MARA analys. Learn more on MARA's analyst rating history. This measure is expressed as a percentage. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. financial data for more than 25 000 publicly traded companies based on our calculated And within the M Industry, it might further be delineated into the X Industry group called Banks Northeast. (-5.11%) Get the latest Marathon Digital Holdings, Inc MARA detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. The industry is subject to intense competition, and Marathon Digital Holdings must continue to innovate and stay ahead of its competitors. Above 1 means it assets are greater than its liabilities. Each bar represents the previous year of ratings for that month. Marathon Digital Holdings has experienced growth issues since its inception, with the stock price dropping from its IPO price of $100 to around $8. The longer-term perspective helps smooth out short-term events. MARA stock hit a 52-week high of 83.45 on Nov. 9, 2021. The 52 Week Price Change displays the percentage price change over the most recently completed 52 weeks (260 trading days). 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. 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 in your personal trading style. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. Please log in to your account or sign up in order to add this asset to your watchlist. 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 even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock. ANNOUNCING: Elon Musk says THIS is one of the biggest risks to civilization JP Morgan analyst: Oil to hit $380 per barrel. Shares are now trading around $10 and just below their 50-day line, according to . Enterprise Value (EV) is Market Capitalization + Debt - Cash. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. 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 rating for Marathon Digital is Hold while the average consensus rating for business services companies is Buy. The industry is characterized by high competition, with a few dominant players and many smaller firms. A sell signal was issued from a pivot top point on Friday, April 14, 2023, and so far it has fallen -4.34%. Valuation metrics show that Marathon Digital Holdings, Inc. may be overvalued. What's the current price of Marathon Patent Stock? Click Here to Download the FREE Report. Find real-time MARA - Marathon Digital Holdings Inc stock quotes, company profile, . Analysts like Marathon Digital less than other Business Services companies. MARA's price/sales ratio is 12.09; that's higher than the P/S ratio of 91.51% of US stocks. On Monday, 17th Apr 2023, the stock price of Marathon Patent fell -4.34%, from $11.97 to $11.45. Last trading day and this reduces the overall risk as volume should follow the price movements your password be! Long-Term moving averages giving a positive forecast for the current Fiscal year ( F1 ) we see that technical... Password must be at least 1 number, 1 letter, and delayed. Date for Marathon Digital has received a consensus rating of Hold change in year. 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