Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, HIVE Digital Technologies Ltd (NASDAQ: HIVE) closed at $2.89 down -1.03% from its previous closing price of $2.92. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 20.67 million shares were traded. HIVE stock price reached its highest trading level at $2.96 during the session, while it also had its lowest trading level at $2.74.
Ratios:
For a deeper understanding of HIVE Digital Technologies Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.55 and its Current Ratio is at 2.55. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In the most recent recommendation for this company, Rosenblatt on March 07, 2025, initiated with a Buy rating and assigned the stock a target price of $6.
On December 19, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $7.50.ROTH MKM initiated its Buy rating on December 19, 2024, with a $7.50 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HIVE now has a Market Capitalization of 691871360 and an Enterprise Value of 661836672. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.46 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 3.425 whereas that against EBITDA is 6.264.
Stock Price History:
The Beta on a monthly basis for HIVE is 3.89, which has changed by -0.26463103 over the last 52 weeks, in comparison to a change of 0.1028198 over the same period for the S&P500. Over the past 52 weeks, HIVE has reached a high of $7.84, while it has fallen to a 52-week low of $1.26. The 50-Day Moving Average of the stock is -39.47%, while the 200-Day Moving Average is calculated to be 5.24%.
Shares Statistics:
For the past three months, HIVE has traded an average of 32.88M shares per day and 21865360 over the past ten days. Insiders hold about 0.26% of the company’s shares, while institutions hold 24.39% stake in the company. Shares short for HIVE as of 1761868800 were 10835335 with a Short Ratio of 0.33, compared to 1759190400 on 15086308.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 7.0 analysts currently analyzing and rating the stock of HIVE Digital Technologies Ltd (HIVE).The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.04 and low estimates of -$0.11.
Analysts are recommending an EPS of between $0.48 and $0.48 for the fiscal current year, implying an average EPS of $0.48. EPS for the following year is $0.66, with 1.0 analysts recommending between $0.66 and $0.66.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $96.8M this quarter.It ranges from a high estimate of $106.45M to a low estimate of $77.72M. As of. The current estimate, HIVE Digital Technologies Ltd’s year-ago sales were $29.23MFor the next quarter, 7 analysts are estimating revenue of $105.72M. There is a high estimate of $115M for the next quarter, whereas the lowest estimate is $82.8M.
A total of 7 analysts have provided revenue estimates for HIVE’s current fiscal year. The highest revenue estimate was $350.1M, while the lowest revenue estimate was $293.39M, resulting in an average revenue estimate of $335.38M. In the same quarter a year ago, actual revenue was $115.28MBased on 7 analysts’ estimates, the company’s revenue will be $501.08M in the next fiscal year. The high estimate is $550.5M and the low estimate is $414.48M.
