Balance Sheet Insights: Marathon Digital Holdings Inc (MARA)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, Marathon Digital Holdings Inc (NASDAQ: MARA) closed at $17.26 up 0.58% from its previous closing price of $17.16. In other words, the price has increased by $0.58 from its previous closing price. On the day, 31.16 million shares were traded. MARA stock price reached its highest trading level at $18.405 during the session, while it also had its lowest trading level at $17.0.

Ratios:

For a deeper understanding of Marathon Digital Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.08. For the most recent quarter (mrq), Quick Ratio is recorded 23.07 and its Current Ratio is at 23.07. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.14.

On October 31, 2023, Bernstein started tracking the stock assigning a Mkt Perform rating and target price of $8.30.

On October 11, 2023, JP Morgan started tracking the stock assigning a Underweight rating and target price of $5.JP Morgan initiated its Underweight rating on October 11, 2023, with a $5 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 Aug 31 ’23 when SWAMI ASHU sold 11,000 shares for $13.80 per share. The transaction valued at 151,833 led to the insider holds 7,491 shares of the business.

Ouissal Said sold 5,000 shares of MARA for $59,000 on Aug 23 ’23. The Director now owns 10,217 shares after completing the transaction at $11.80 per share. On Aug 22 ’23, another insider, Ouissal Said, who serves as the Director of the company, sold 15,000 shares for $10.95 each. As a result, the insider received 164,250 and left with 15,217 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MARA now has a Market Capitalization of 4711220736 and an Enterprise Value of 4727450624. As of this moment, Marathon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.10, and their Forward P/E ratio for the next fiscal year is 40.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.73 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at 9.425 whereas that against EBITDA is 6.315.

Stock Price History:

The Beta on a monthly basis for MARA is 5.46, which has changed by 0.86594594 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. Over the past 52 weeks, MARA has reached a high of $34.09, while it has fallen to a 52-week low of $7.16. The 50-Day Moving Average of the stock is -10.88%, while the 200-Day Moving Average is calculated to be 7.02%.

Shares Statistics:

For the past three months, MARA has traded an average of 61.30M shares per day and 50308120 over the past ten days. A total of 282.64M shares are outstanding, with a floating share count of 277.68M. Insiders hold about 1.75% of the company’s shares, while institutions hold 39.19% stake in the company. Shares short for MARA as of 1714435200 were 59304988 with a Short Ratio of 0.97, compared to 1711584000 on 42964874. Therefore, it implies a Short% of Shares Outstanding of 59304988 and a Short% of Float of 23.979999.

Earnings Estimates

The stock of Marathon Digital Holdings Inc (MARA) is currently drawing attention from 5.0 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of $0.22 for the current quarter, with a high estimate of $0.87 and a low estimate of $0.04, while EPS last year was -$0.05. The consensus estimate for the next quarter is $0.09, with high estimates of $0.55 and low estimates of -$0.13.

Analysts are recommending an EPS of between $1.48 and $0.02 for the fiscal current year, implying an average EPS of $0.48. EPS for the following year is $0.37, with 6.0 analysts recommending between $1.14 and -$0.32.

Revenue Estimates

A total of 6 analysts believe the company’s revenue will be $165.2M this quarter.It ranges from a high estimate of $194.9M to a low estimate of $151.6M. As of the current estimate, Marathon Digital Holdings Inc’s year-ago sales were $51.13MFor the next quarter, 6 analysts are estimating revenue of $171.06M. There is a high estimate of $227M for the next quarter, whereas the lowest estimate is $149.3M.

A total of 8 analysts have provided revenue estimates for MARA’s current fiscal year. The highest revenue estimate was $876M, while the lowest revenue estimate was $553.6M, resulting in an average revenue estimate of $746.57M. In the same quarter a year ago, actual revenue was $387.51MBased on 7 analysts’ estimates, the company’s revenue will be $1.04B in the next fiscal year. The high estimate is $1.47B and the low estimate is $629.7M.

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