Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $15.38 in the prior trading day, Hut 8 Corp (NASDAQ: HUT) closed at $15.27, down -0.72%. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 7.48 million shares were traded.
Ratios:
Our goal is to gain a better understanding of HUT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.29.
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, Citizens JMP on May 22, 2025, initiated with a Mkt Outperform rating and assigned the stock a target price of $25.
On May 14, 2025, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $25.
On May 01, 2025, Maxim Group started tracking the stock assigning a Buy rating and target price of $20.Maxim Group initiated its Buy rating on May 01, 2025, with a $20 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 05 ’25 when Semah Victor sold 11,363 shares for $12.95 per share. The transaction valued at 147,186 led to the insider holds 15,738 shares of the business.
Semah Victor bought 11,363 shares of HUT for $147,186 on May 05 ’25. On Aug 16 ’24, another insider, Flinn Joseph, who serves as the Director of the company, sold 7,618 shares for $11.74 each. As a result, the insider received 89,427 and left with 11,861 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 12.01 while its Price-to-Book (P/B) ratio in mrq is 1.66.
Stock Price History:
Over the past 52 weeks, HUT has reached a high of $31.95, while it has fallen to a 52-week low of $8.53. The 50-Day Moving Average of the stock is 12.61%, while the 200-Day Moving Average is calculated to be -9.38%.
Shares Statistics:
A total of 104.15M shares are outstanding, with a floating share count of 92.46M. Insiders hold about 11.28% of the company’s shares, while institutions hold 59.84% stake in the company.
Earnings Estimates
A detailed examination of Hut 8 Corp (HUT) is currently in progress, with 5.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.02 and low estimates of -$0.18.
Analysts are recommending an EPS of between -$1.32 and -$1.75 for the fiscal current year, implying an average EPS of -$1.5. EPS for the following year is -$0.12, with 5.0 analysts recommending between $0.5 and -$0.69.
Revenue Estimates
11 analysts predict $50.07M in revenue for the current quarter. It ranges from a high estimate of $57.2M to a low estimate of $42.6M. As of the current estimate, Hut 8 Corp’s year-ago sales were $35.22MFor the next quarter, 11 analysts are estimating revenue of $72.91M. There is a high estimate of $79.1M for the next quarter, whereas the lowest estimate is $66.81M.
A total of 11 analysts have provided revenue estimates for HUT’s current fiscal year. The highest revenue estimate was $245.6M, while the lowest revenue estimate was $203.9M, resulting in an average revenue estimate of $227.34M. In the same quarter a year ago, actual revenue was $162.38MBased on 11 analysts’ estimates, the company’s revenue will be $384.91M in the next fiscal year. The high estimate is $570.7M and the low estimate is $329.56M.
