Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of HIVE Digital Technologies Ltd (NASDAQ: HIVE) closed at $2.39 in the last session, up 0.84% from day before closing price of $2.37. In other words, the price has increased by $0.84 from its previous closing price. On the day, 21.8 million shares were traded. HIVE stock price reached its highest trading level at $2.46 during the session, while it also had its lowest trading level at $2.34.
Ratios:
We take a closer look at HIVE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.42 and its Current Ratio is at 3.42. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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 550565184 and an Enterprise Value of 697974720. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.98 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 5.425 whereas that against EBITDA is 9.765.
Stock Price History:
The Beta on a monthly basis for HIVE is 4.42, which has changed by -0.27794564 over the last 52 weeks, in comparison to a change of 0.14064062 over the same period for the S&P500. Over the past 52 weeks, HIVE has reached a high of $5.54, while it has fallen to a 52-week low of $1.26. The 50-Day Moving Average of the stock is 13.36%, while the 200-Day Moving Average is calculated to be -4.92%.
Shares Statistics:
According to the various share statistics, HIVE traded on average about 21.74M shares per day over the past 3-months and 13117820 shares per day over the past 10 days. A total of 214.31M shares are outstanding, with a floating share count of 213.00M. Insiders hold about 0.61% of the company’s shares, while institutions hold 19.58% stake in the company. Shares short for HIVE as of 1753920000 were 11001070 with a Short Ratio of 0.51, compared to 1751241600 on 8693810.
Earnings Estimates
The current market rating for HIVE Digital Technologies Ltd (HIVE) reflects the collective analysis of 4.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.06, with high estimates of $0.17 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.59 and $0.2 for the fiscal current year, implying an average EPS of $0.35. EPS for the following year is $0.34, with 3.0 analysts recommending between $0.82 and -$0.19.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $79.3M. It ranges from a high estimate of $99.1M to a low estimate of $65.08M. As of the current estimate, HIVE Digital Technologies Ltd’s year-ago sales were $22.65MFor the next quarter, 4 analysts are estimating revenue of $104.75M. There is a high estimate of $139.8M for the next quarter, whereas the lowest estimate is $77.97M.
A total of 5 analysts have provided revenue estimates for HIVE’s current fiscal year. The highest revenue estimate was $437.4M, while the lowest revenue estimate was $302.77M, resulting in an average revenue estimate of $369M. In the same quarter a year ago, actual revenue was $115.28MBased on 3 analysts’ estimates, the company’s revenue will be $509.9M in the next fiscal year. The high estimate is $633.9M and the low estimate is $414.9M.
