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, Riot Platforms Inc (NASDAQ: RIOT) closed at $8.07 down -1.34% from its previous closing price of $8.18. In other words, the price has decreased by -$1.34 from its previous closing price. On the day, 33.91 million shares were traded.
Ratios:
For a deeper understanding of Riot Platforms Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.23 and its Current Ratio is at 3.23. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.21.
On December 17, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $23.
On September 25, 2024, Macquarie started tracking the stock assigning a Outperform rating and target price of $15.Macquarie initiated its Outperform rating on September 25, 2024, with a $15 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 27 ’25 when Riot Platforms, Inc. bought 90,110,912 shares for $1.08 per share.
Mouton Douglas bought 8,384 shares of RIOT for $64,892 on Mar 17 ’25. The Director now owns 20,384 shares after completing the transaction at $7.74 per share. On Mar 14 ’25, another insider, Cho Hannah, who serves as the Director of the company, sold 12,000 shares for $7.70 each. As a result, the insider received 92,400 and left with 59,265 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.28 while its Price-to-Book (P/B) ratio in mrq is 0.96.
Stock Price History:
Over the past 52 weeks, RIOT has reached a high of $15.87, while it has fallen to a 52-week low of $6.19. The 50-Day Moving Average of the stock is 2.84%, while the 200-Day Moving Average is calculated to be -15.17%.
Shares Statistics:
A total of 350.18M shares are outstanding, with a floating share count of 331.98M. Insiders hold about 7.08% of the company’s shares, while institutions hold 57.57% stake in the company.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is -$0.16, with 1 analysts recommending between -$0.16 and -$0.16.
Revenue Estimates
A total of 14 analysts believe the company’s revenue will be $146.12M this quarter.It ranges from a high estimate of $164.3M to a low estimate of $130.91M. As of the current estimate, Riot Platforms Inc’s year-ago sales were $70.02MFor the next quarter, 14 analysts are estimating revenue of $158.09M. There is a high estimate of $188.8M for the next quarter, whereas the lowest estimate is $139.11M.
A total of 15 analysts have provided revenue estimates for RIOT’s current fiscal year. The highest revenue estimate was $714.3M, while the lowest revenue estimate was $569.61M, resulting in an average revenue estimate of $641.53M. In the same quarter a year ago, actual revenue was $376.66MBased on 15 analysts’ estimates, the company’s revenue will be $751.49M in the next fiscal year. The high estimate is $1.31B and the low estimate is $590.9M.
