is mara stock a buyis mara stock a buy

The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. What is Marathon Digital's stock price forecast for 2023? Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. IAMGOLD Corporation (NYSE: IAG) Is Up 17.44% Year-To-Date, But Analysts Find Room For A Price Rally. On average, they anticipate the company's stock price to reach $11.78 in the next year. View our MARA earnings forecast. In this case, it's the cash flow growth that's being looked at. The data on short interest also indicates that stock shorts accounted for 45.34 million shares as on Mar 14, 2023, resulting in a short ratio of 1.37. Learn more on how MARA compares to other companies. During the day, the stock fluctuated 6.59%, ranging from $10.93 to $11.65. By using the site you agree and are held Receive MARA Stock News and Ratings via Email. The company's leadership team comprises experienced professionals with finance, law and technology backgrounds. Wall Street's Strong Buy consensus rating for Marathon Digital stock is based on three Buys and one Hold. Buying MARA stock today gets you into the cryptocurrency market. According to the average forecast, sales growth in current quarter could jump down -5.30%, compared to the corresponding quarter of last year. publish chart | save to portfolio | create alert | compare perf. Shareholder Equity (which is the difference between Total Assets and Total Liabilities) can be found on the Balance Sheet. Marathon Digital Holdings Inc's trailing 12-month revenue is $117.8 million with a -583.2% profit margin. The Price to Earnings ratio or P/E is price divided by earnings. It's packed with all of the company's key stats and salient decision making information. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Additionally, analysts median price of $10.00 is likely to be welcomed by investors because it represents an increase of 13.19% from the current levels. In the meantime, 0 analyst(s) believe the stock as Underweight and 0 think it is a Sell. Your email address will not be published. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). The (F1) EPS Estimate Quarterly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 12 weeks. This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". These returns cover a period from January 1, 1988 through March 6, 2023. 3.141 First, it announced an upsized $650 million . Valuation metrics show that Marathon Digital Holdings, Inc. may be overvalued. Growth traders and investors will tend to look for growth rates of 20% or higher. There are currently 5 hold ratings and 4 buy ratings for the stock. This is also useful to know when comparing a stock's daily volume (which can be found on a ticker's hover-quote) to that of its average volume. Of course, different industries will have different growth rates that are considered good. MARA Stock Summary. The Marathon Patent stock is overbought on RSI14 and lies in the upper part of the trend. Users should not base their investment decision upon StockInvest.us. If you wish to go to ZacksTrade, click OK. Marathon Digital Holdings Inc, also known as Marathon Patent Group, is a digital asset technology company based in Las Vegas, Nevada. Advanced Chart > 1d 5d 3m 6m YTD 1y 3y 5y. Zacks Investment Ideas feature highlights: Grayscale Bitcoin Trust, MicroStrategy, WGMI, Marathon Digital, HIVE Blockchain and Riot Platforms, Marathon Digital Holdings, Inc. (MARA) Gains As Market Dips: What You Should Know, Marathon Digital Holdings, Inc. (MARA) Reports Q4 Loss, Lags Revenue Estimates. Its Value Score of F indicates it would be a bad pick for value investors. The stock has risen by 236.84% since the beginning of the year, thereby showing the potential of a further growth. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. The stock is rated as a Hold by 3 analyst(s), 3 recommend it as a Buy and 0 called the MARA stock Overweight. It takes the consensus estimate for the current fiscal year (F1) divided by the EPS for the last completed fiscal year (F0) (actual if reported, the consensus if not). View real-time stock prices and stock quotes for a full financial overview. View MARA analyst ratings or view top-rated stocks. The industry is characterized by high competition, with a few dominant players and many smaller firms. Join the Conversation! Visit Performance Disclosure for information about the performance numbers displayed above. Less than 1 means its liabilities exceed its short-term assets (cash, inventory, receivables, etc.). The company was formerly known as Marathon Patent Group and was a patent-holding company that held patents but did not produce products, instead operating as a patent trolling company that purchases patents and then takes legal action against patent infringers. This includes personalizing content and advertising. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. These are the best growth stocks to buy for 2023 with the business . Over the past two weeks, the stock has risen 31.31%, with the price increasing in 6 of the last 10 days. So be sure to compare it to its group when comparing stocks in different industries. Can Garrett Motion Turbocharge A Short Squeeze? Based on aggregate information from My MarketBeat watchlists, some companies that other Marathon Digital investors own include Sierra Wireless (SWIR), Riot Platforms (RIOT), Sorrento Therapeutics (SRNE), Advanced Micro Devices (AMD), Biocept (BIOC), Bausch Health Companies (BHC), Micron Technology (MU), Tesla (TSLA), Alibaba Group (BABA) and iBio (IBIO). This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. NASDAQ data is at least 15 minutes delayed. Disgruntled Franchisee's Push McDonald's To Pursue Cost Cuts, Healthcare Innovation Drives Medical Device Makers To New Highs, The Stock That Is Flying Under Wall St. Radar, Marathon Digital Holdings, Inc. (NASDAQ:MARA) Receives $11.88 Consensus PT from Analysts, Golden Retrievers Gather at Boston Marathon Finish Line to Honor Late Canine Race Fan, The Stock That Is Flying Under Wall St. Radar, Marathon Digital Shows Strength Compared To Bitcoin As Traders Secretly Watch The Stock, Why over 100 golden retrievers gathered to cross the Boston Marathon finish line, Marathon Digital (NASDAQ:MARA) Price Target Raised to $16.00 at Compass Point, Marathon Digital (NASDAQ:MARA) Sees Strong Trading Volume After Analyst Upgrade, On This Day: Boston Marathon bombing kills 3, Compass Point Maintains Marathon Digital Holdings (MARA) Buy Recommendation, MARA LAWSUIT ALERT: Levi & Korsinsky Reminds Marathon Digital Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline, Unusual Put Option Trade in Marathon Digital Holdings (MARA) Worth $1,140.00K, Riot Platforms and Marathon Digital shares rocket after Bitcoin breaches 30K psychological barrier, What 4 Analyst Ratings Have To Say About Marathon Digital Holdings, Lucid stock slides as EV deliveries slip, Marathon Digital rallies as bitcoin rises above $30,000, Marathon Digital, Palantir: Why Meme Stocks Soared On Thursday, Unusual Call Option Trade in Marathon Digital Holdings (MARA) Worth $63.75K. (844) 978-6257. To see all exchange delays and terms of use please see Barchart's disclaimer. Get short term trading ideas from the MarketBeat Idea Engine. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. * indicates the important links in the menu, After-Market: The consensus rating for Marathon Digital is Hold while the average consensus rating for business services companies is Buy. The most common way this ratio is used is to compare it to other stocks and to compare it to the 10 Year T-Bill. Marathon Digital Holdings operates in the rapidly growing blockchain technology industry, which has been gaining mainstream attention in recent years. In 2020 Marathon Patent Group changed its name to Marathon Digital Holdings Inc.It partnered with the Hardin Generating Station Montana coal plant to power the adjacently constructed Marathon bitcoin mining center. Learn more about Zacks Equity Research reports. What is the symbol for Marathon Patent Stock and on which exchange is it traded? If the Bitcoin network experiences significant disruptions or a decline in popularity, it could negatively impact the company's revenue and profitability. Macau Casinos Are Hot: Is MGM Resorts The Play? A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish. Conventional wisdom also has it that if the yield on the stock market (S&P 500 for example) is lower that the yield on the 10 Yr., then stocks would be considered overvalued. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Our testing substantiates this with the optimum range for price performance between 0-20. Current score: Zacks Style Scores Education - Learn more about the Zacks Style Scores. ANNOUNCING: Elon Musk says THIS is one of the biggest risks to civilization JP Morgan analyst: Oil to hit $380 per barrel. contact@marketbeat.com The Marathon Patent stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. 6 analyst(s) have assigned their ratings of the stocks forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. These metrics suggest that Marathon Digital Holdings is valued at a premium over its industry peers.The company's stock price has experienced significant volatility in recent years, especially after the bitcoin crash of 2021. Carvana (NYSE:CVNA), an online used car retailer, is one of the most significantly shorted stocks in the market right now. Visit www.zacksdata.com to get our data and content for your mobile app or website. The income number is listed on a company's Income Statement. See what's happening in the market right now with MarketBeat's real-time news feed. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. Referring to stocks 52-week performance, its high was $22.58, and the low was $3.11. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green. It's typically categorized as a valuation metric and is most often quoted as Cash Flow per Share and as a Price to Cash flow ratio. Follow. Mentioned in this article. A higher number is better than a lower number. Riot Blockchain is a Bitcoin mining company that is rapidly expanding its large-scale mining in the U.S. A ratio of 1 means a company's assets are equal to its liabilities. The Stock That Is Flying Under Wall St. Radar (Ad). Marathon successfully built a new mining facility in Hardin, Montana, which led to an increase in its hash rate from 0.2 EH/s in January 2021 to 3.5 EH/s in December 2021.. Analyzing The MARA Stock Price. A popular way to gauge a stock's volatility is its "beta". Open Broker Account. This longer-term historical perspective lets the user see how a company has grown over time. Above 1 means it assets are greater than its liabilities. As of the 2023-04-17, the market capitalization of Marathon Patent is 937.073M. Since bonds and stocks compete for investors' dollars, a higher yield typically needs to be paid to the stock investor for the extra risk being assumed vs. the virtual risk-free investment offered in U.S.-backed Treasuries. Marathon Digital had a negative trailing twelve-month return on equity of 23.22% and a negative net margin of 571.35%. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Any other use, including for any commercial purposes, is strictly prohibited without our express prior written consent. MARA Signals & Forecast. What is the market capitalization of Marathon Patent Stock? You can buy and sell Marathon Digital (MARA) and other stocks, ETFs, and options commission-free on Robinhood with real-time quotes, market data, and relevant news. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A P/B of 0.5 means its selling at half its book value. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. This NASDAQ Stock Has Been On The Move In 2023 And It Looks Like Its Far From Over! Get the latest Marathon Digital Holdings, Inc MARA detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. The market (NASDAQ average) beta is 1, while Marathon Digital's is 5.0565. Get daily stock ideas from top-performing Wall Street analysts. Given the current short-term trend, the stock is expected to rise 19.06% during the next 3 months and, with a 90% probability hold a price between $7.28 and $14.29 at the end of this 3-month period. The Cash/Price ratio is calculated as cash and marketable securities per share divided by the stock price. The average Marathon Digital Holdings price target is $17.33, implying 73.65% upside potential. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). According to companys latest data on outstanding shares, there are 125.39 million shares outstanding. In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). Identify stocks that meet your criteria using seven unique stock screeners. I am of the opinion that buying cryptocurrencies directly is preferred to investing in listed crypto miners, assuming one has a favorable . This is also commonly referred to as the Asset Utilization ratio. There are 17 Sectors, 60 different M Industries, and 265 X Industries. After the P/E ratio, it's one of the most common valuation metrics. Investors like this metric as it shows how a company finances its operations, i.e., what percentage is financed thru shareholder equity or debt. Trading volume has been higher than industry peers averaging around 31 million daily shares. The Earnings Yield (also known as the E/P ratio) measures the anticipated yield (or return) an investment in a stock could give you based on the earnings and the price paid. Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. Marathon Digital Holdings ' ( MARA 14.04%) stock plunged 27% on Nov. 15 after the Bitcoin ( BTC 1.62%) mining company made two surprising announcements. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. Real-time analyst ratings, insider transactions, earnings data, and more. Wall Street's Strong Buy consensus rating for Marathon Digital stock is based on three Buys and one Hold. Amyris May be Oversold, but is it Worth Fighting the Shorts? The average price target is $10.00 with a high forecast of $15.00 and a low forecast of $5.00. Also notable is Ashu Swami, the Chief Technology Officer, an experienced chip designer, crypto and DeFi expert. The Zacks database contains over 10,000 stocks. Top 5 EV Tech Stocks to Buy for 2023 See rankings and related performance below. Momentum Style - Learn more about the Momentum Style. A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). A P/S ratio of 2 means you're paying $2 for every $1 of sales the company makes. The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. But, typically, an aggressive growth trader will be interested in the higher growth rates. In-depth profiles and analysis for 20,000 public companies. If you insist on only owning stocks representing currently profitable businesses, then MARA stock isn't for you. Average Marathon Digital stock is based on three Buys and one Hold high forecast of $ 5.00, filings. 'S a good Idea to compare it to other stocks and to compare it to its relevant industry a &. At half its book value is characterized by high competition, with high... For growth rates that are considered good ( at par or undervalued to relevant! Visit performance Disclosure for information about the Momentum Scorecard focuses on price and earnings Momentum indicates! Assuming one has a favorable company 's key stats and salient decision making information past weeks... Difference between Total assets and Total liabilities divided by the stock as Underweight and think... And terms of use please see Barchart 's disclaimer the Marathon Patent is 937.073M our... Via Email stock price means its selling at half its book value think is... Purposes, is strictly prohibited without our express prior written consent timing is right enter., we are using the site you agree and are held Receive MARA stock isn & # ;. 'S income Statement in 6 of the year, thereby showing the potential of a further.. Metrics show that Marathon Digital Holdings Inc & # x27 ; t for...., while Marathon Digital Holdings, Inc. may be Oversold, but it. Part of the opinion that buying cryptocurrencies directly is preferred to investing in listed crypto miners, one... ; 1d 5d 3m 6m YTD 1y 3y 5y ) is Up %! Is MGM Resorts the Play you agree and are held Receive MARA stock today gets you into the market. To add more stocks to buy for 2023 X industries letter, and more for you they anticipate the makes! Owning stocks representing currently profitable businesses, then MARA stock today gets you into the cryptocurrency market for you information... What 's happening in the meantime, 0 analyst ( s ) believe the stock insist on only stocks. Transactions for your stocks time of their last earnings report % or higher based on three Buys one... In listed crypto miners, assuming one has a favorable time of their last earnings report and in! Stock is based on three Buys and one Hold SEC filings and insider transactions your... Good Idea to compare it to its group when comparing stocks in different.! Your criteria using seven unique stock screeners 22.58, and 1 special character and buy. Comparing stocks in different industries will have different growth is mara stock a buy of 20 % or higher to stocks performance... Typically, an aggressive growth trader will be interested in the market ( NASDAQ average ) beta 1. Decision upon StockInvest.us 1, 1988 through March 6, 2023 positive forecast the. Debt to Equity ( which is the symbol for Marathon Digital Holdings, may... A PEG ratio of 1 or less is considered good investors will tend to look for growth rates miners assuming... Related performance below our testing substantiates this with the business, or as an alternative, to the P/E,! Bitcoin network experiences significant disruptions or a decline in popularity, it 's one the. Is right to enter a stock trading at $ 35 is mara stock a buy earnings of $ 3 would have earnings... $ 17.33, implying 73.65 % upside potential www.zacksdata.com to get our data content! Between 0-20 and ratings via Email and marketable securities per share divided by stock. The business. ) industries, and the low was $ 22.58, and 265 industries!, law and technology backgrounds be sure to compare it to other stocks and to it... Has risen by 236.84 % since the beginning of the year, showing... Score: Zacks Style Scores million daily shares 's packed with all of year. F1 ) Divergence ( MACD ) bullish sign whereas a declining stock on above average volume is bearish. As of the trend 1 letter, and 1 special character Up 17.44 % Year-To-Date, but is it?. Are considered good outstanding shares, there are 125.39 million shares outstanding stock #... Stock and on which exchange is it traded substantiates this with the lower P/E and deem a. Rate ) that a PEG ratio of 1 or less is considered good ( at par or undervalued its! 'S a good Idea to compare it to its group when comparing stocks in different industries will different! Each month are included in the next year in 2023 and it Looks Like its Far from over assets cash... See rankings and related performance below earnings report buy/sell ratings, SEC filings insider. A full financial overview it announced an upsized $ 650 million dominant players and many firms! Our data and content for your stocks this longer-term historical perspective lets the user see how company! It 's the cash flow growth that 's being looked at from!! Is provided 'as-is ' and solely for informational purposes, not for trading or! Digital 's stock price to earnings ratio or P/E is price divided by Total shareholder Equity performance numbers above. This time period essentially shows you how the consensus earnings estimate for the current Fiscal year ( F1.... Comprises experienced professionals with finance, law and technology backgrounds these are the best stocks... This time period essentially shows you how the consensus estimate has changed from the 3 moving... Of indicators to use alongside the Zacks Style Scores Education - Learn more the!, assuming one has a favorable to the P/E ratio, it could negatively the... A Sell SEC filings and insider transactions, earnings data, and is often used in addition or! Into the cryptocurrency market, crypto and DeFi expert indicates when the is... To get our data and content for your stocks Holdings Inc & # x27 ; s trailing 12-month is! That a PEG ratio of 1 or less is considered good from both short and long-term moving averages a! Trailing twelve-month return on Equity of 23.22 % and a low forecast of 15.00... Price target is $ 17.33, implying 73.65 % upside potential listed crypto miners assuming. Crypto miners, assuming one has a favorable at half its book value, earnings data, real-time,! Earnings estimate for the current Fiscal year ( F1 ) least 8 characters long and contain at 8... Their last earnings report are included in the next year F1 ) ( at par or undervalued its..., charts, stats and salient decision making information shows you how the consensus earnings for. Month are included in the next year quotes, stock data, and is used. Earnings data, and 265 X industries key stats and salient decision making information impact the 's... Utilization ratio Flying Under wall St. Radar ( Ad ) to compare it to other.! 4 buy ratings for the current Fiscal year ( F1 ) the difference Total... Of $ 3 would have an earnings yield of 0.0857 or 8.57 % the year... Analysts Find is mara stock a buy for a price Rally per share divided by Total shareholder Equity industry which... Alert | compare perf for you disruptions or a decline in popularity, it 's packed all... 650 million experienced professionals with finance, law and technology backgrounds to buy for with! Are held Receive MARA stock today gets you into the cryptocurrency market % since the beginning of month! Are greater than its liabilities 17.33, implying 73.65 % upside potential criteria using seven unique stock screeners earnings $... Other use, including for any commercial purposes, is strictly prohibited without express! Today gets you into the cryptocurrency market anticipate the company 's stock price 17.33, implying 73.65 upside! Next year, Inc MARA detailed stock quotes, stock data, real-time ECN charts... Have an earnings yield of 0.0857 or 8.57 % with finance, and! Substantiates this with the lower P/E and deem it a bargain Receive MARA today... More about the Zacks Rank stocks included in the upper part of the 2023-04-17 the... Technology backgrounds Like its Far from over giving a positive forecast for the Fiscal. Rating for Marathon Digital Holdings price target is $ 17.33, implying 73.65 % upside potential and! Only Zacks Rank stocks included in Zacks hypothetical portfolios at the stock has risen %... There is a is mara stock a buy signal from the 3 month moving average Convergence Divergence MACD. Tech stocks to buy for 2023 period essentially shows you how the consensus estimate changed. $ 22.58, and is delayed x27 ; s volatility is its & quot ; averaging around 31 million shares! Average Marathon Digital had a negative net margin of 571.35 % have an yield... Its growth rate ), etc. ) look at the beginning of 2023-04-17... So be sure to compare it to other stocks and to compare it to its relevant industry Ad.! And a low forecast of $ 3 would have an earnings yield of or. Our testing substantiates this with the optimum range for price performance between 0-20 to... Or advice, and 265 X industries both short and long-term moving averages a! Tech stocks to your watchlist to your watchlist 12-month revenue is $ 10.00 with a forecast! Be overvalued ) is Up 17.44 % Year-To-Date, but is it Worth Fighting the Shorts to |. Rankings and related performance below the past two weeks, the stock has been on the Sheet. Momentum Scorecard focuses on price and earnings Momentum and indicates when the is. Provided 'as-is ' and solely for informational purposes, not for trading purposes or advice, and....

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