As of close of business last night, Marathon Digital Holdings Inc’s stock clocked out at $16.11, down -8.47% from its previous closing price of $17.60. On the day, 38907193 shares were traded.
Ratios:
To gain a deeper understanding of MARA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 106.64. For the most recent quarter (mrq), Quick Ratio is recorded 30.51 and its Current Ratio is at 30.51. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.20.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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:
As of this moment, Marathon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.33, and their Forward P/E ratio for the next fiscal year is 58.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.75 while its Price-to-Book (P/B) ratio in mrq is 2.42.
Stock Price History:
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.
Shares Statistics:
A total of 282.64M shares are outstanding, with a floating share count of 277.89M. Insiders hold about 1.68% of the company’s shares, while institutions hold 37.13% stake in the company.
Earnings Estimates
As of right now, Paramount Global analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $16.11, with high estimates of $208.77 and low estimates of $29.09.
Analysts are recommending an EPS of between $Energy and $Energy for the fiscal current year, implying an average EPS of $Financial Services.
