Trading volume has been higher than industry peers averaging around 31 million daily shares. Get your hands on a piece of history invest in multi-million dollar paintings from $10k with Masterworks. Marathon Digital (NASDAQ:MARA) has a market capitalization of $1.92 billion and generates $117.75 million in revenue each year. The company's leadership team comprises experienced professionals with finance, law and technology backgrounds. Sign-up to receive the latest news and ratings for Marathon Digital and its competitors with MarketBeat's FREE daily newsletter. Earnings estimate revisions are the most important factor influencing stocks prices. And within the M Industry, it might further be delineated into the X Industry group called Banks Northeast. With The Founder OF XPO Logistics Leading The Way This Nasdaq Company is Ready and GOING! The chief executive officer is Fred Thiel, who replaced Merrick Okamoto as the CEO and Chairman of the Board. In-depth profiles and analysis for 20,000 public companies. Save my name, email, and website in this browser for the next time I comment. A correction down in the nearby future seems very likely, and it is of great importance that the stock manages to break the trend before that occurs. 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. While the F1 consensus estimate and revision is a key driver of stock prices, the Q1 consensus is an important item as well, especially over the short-term, and particularly as a stock approaches its earnings date. Investors like this metric as it shows how a company finances its operations, i.e., what percentage is financed thru shareholder equity or debt. The 52 week price change is a good reference point. What is Marathon Digital's consensus rating and price target? It is essentially the inverse of the P/E ratio. Above 1 means it assets are greater than its liabilities. A breakdown below any of these levels will issue sell signals. Advanced Chart > 1d 5d 3m 6m YTD 1y 3y 5y. The average Marathon Digital Holdings price target is $17.33, implying 73.65% upside potential. Marathon Digital Holdings has experienced growth issues since its inception, with the stock price dropping from its IPO price of $100 to around $8. The company's leadership team comprises experienced professionals with finance, law and technology backgrounds. The stock is rated as a Hold by 3 analyst(s), 3 recommend it as a Buy and 0 called the MARA stock Overweight. The respective items are ranked and graded into five groups: A, B, C, D and F. An A is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. MARA Stock Chart & Stats. Growth Style - Learn more about the Growth Style. To see all exchange delays and terms of use please see Barchart's disclaimer. Within the VGM Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy srocks with the highest probability of success. Users should not base their investment decision upon StockInvest.us. The Projected Sales Growth (F1/F0) looks at the estimated growth rate for the current year. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Marathon Digital Holdings operates in the rapidly growing blockchain technology industry, which has been gaining mainstream attention in recent years. MARA Stock Price - Marathon Digital Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets. Cash Flow is a measurement of a company's health. Earnings for Marathon Digital are expected to grow in the coming year, from ($0.01) to $0.29 per share. Marathon Digital Holdings trades at a price-to-earnings ratio higher than the industry average, and the company's price-to-book ratio is more than twice the industry average. $1.71B. The scores are based on the trading styles of Value, Growth, and Momentum. It's calculated as earnings divided by price. A value greater than 1, in general, is not as good (overvalued to its growth rate). MARA's price/sales ratio is 12.09; that's higher than the P/S ratio of 91.51% of US stocks. Marathon Digital's stock was trading at $3.42 on January 1st, 2023. Real time prices by BATS. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). The regulatory environment surrounding blockchain technology is still determined, and regulation changes could affect the company's operations. The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. Only 39.88% of the stock of Marathon Digital is held by institutions. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Many investors prefer EV to just Market Cap as a better way to determine the value of a company. The average price target is $10.00 with a high forecast of $15.00 and a low forecast of $5.00. Do Wall Street analysts like Marathon Digital more than its competitors? The average twelve-month price prediction for Marathon Digital is $11.78 with a high price target of $20.00 and a low price target of $4.00. Is MARA Stock a Buy or Sell? On the whole, MARA has fluctuated by 61.57% over the past month. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Each bar represents the previous year of ratings for that month. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock. View the best growth stocks for 2023 here. Their MARA share price forecasts range from $4.00 to $20.00. Marathon Digital Holdings, Inc. (NASDAQ:MARA) announced its quarterly earnings results on Wednesday, November, 10th. They are also giving the company stock a median of $12 per share (+70.7%) and a low of $4 for the next 12 months. For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Marathon Digital had a negative trailing twelve-month return on equity of 23.22% and a negative net margin of 571.35%. A P/B of 2 means it's selling at 2 times its book value. 326 E 8th St #105, Sioux Falls, SD 57103 Get short term trading ideas from the MarketBeat Idea Engine. According to companys latest data on outstanding shares, there are 125.39 million shares outstanding. Click Here to Download the FREE Report. The 52-week high for Marathon Patent Stock is $22.09 and the 52-week low is $3.11. Of course, different industries will have different growth rates that are considered good. About Marathon Digital Holdings, Inc. 1180 NORTH TOWN CENTER DRIVE SUITE 100, LAS VEGAS, Nevada, 89144, United States +1 702 945-2773 https://www.marathonpg.com. The median P/B ratio for stocks in the S&P is just over 3. This is also commonly referred to as the Asset Utilization ratio. Of note is the ratio of MARATHON DIGITAL HOLDINGS INC's sales and general administrative expense to its total operating expenses; only 3.36% of US stocks have a lower such ratio. Is MARA Stock a Buy or Sell? Benzinga explains whether you should buy Marathon Digital Holdings (NASDAQ: MARA) stock or not, reviewing the company, the stock's performance, technical indicators and more. So it's a good idea to compare a stock's debt to equity ratio to its industry to see how it stacks up to its peers first. Other Robinhood Financial fees may apply, check rbnhd.co/fees for details. A company with an ROE of 10%, for example, means it created 10 cents of assets for every $1 of shareholder equity in a given year. This could raise investors confidence to be optimistic about the MARA stock heading into the next quarter. The chief executive officer is Fred Thiel, who replaced Merrick Okamoto as the CEO and Chairman of the Board. Get daily stock ideas from top-performing Wall Street analysts. View which stocks are hot on social media with MarketBeat's trending stocks report. Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another. The analyzed items go beyond simple trend analysis. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. In the meantime, 0 analyst(s) believe the stock as Underweight and 0 think it is a Sell. 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. About Marathon Digital Holdings (MARA) Marathon Digital Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets. MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Current score: 7:58 PM ET. During the day, the stock fluctuated 6.59%, ranging from $10.93 to $11.65. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B. The change is made all the more important the closer proximity it is to the stock's earnings date since it is generally believed that the most recent estimates are the most accurate since it's using the most up-to-date information leading up to the report. And like the P/E ratio, a lower number is typically considered 'better' than a higher number. Know what industry insiders are buying. A ratio of 2 means its assets are twice that of its liabilities. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. This longer-term historical perspective lets the user see how a company has grown over time. Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. Which Marathon Digital major shareholders have been selling company stock? The short interest here is 66.8%, although CVNA has doubled since last . Marathon Digital trades on the NASDAQ under the ticker symbol "MARA.". Other notable executive management team members include Hugh Gallagher, the Chief Financial Officer with over thirty years of experience in capital markets, investment analysis and treasury management. Marathon Patent Stock Prediction and Forecast [MARA]Marathon Patent price prediction was made for Tuesday, April 18, 2023 Check the most recent MARA analys. Macau Casinos Are Hot: Is MGM Resorts The Play? This is a medium-term price change metric (like the 4 week price change). What is the symbol for Marathon Patent Stock and on which exchange is it traded? Disgruntled Franchisee's Push McDonald's To Pursue Cost Cuts, Healthcare Innovation Drives Medical Device Makers To New Highs, Skip Chart and View Analyst Price Target History. The Relative Strength Index (RSI, 14) currently indicates a reading of 70.68, while the 7-day volatility ratio is showing 12.88% which for the 30-day chart, stands at 11.57%. However, medium term indicators have put the stock in the category of Hold while long term indicators on average have been pointing out that it is a 50% Buy. The (F1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 4 weeks. This is a longer-term price change metric. On average, they anticipate the company's stock price to reach $11.78 in the next year. Since then, MARA stock has increased by 234.8% and is now trading at $11.45. $11.35 A positive change in the cash flow is desired and shows that more 'cash' is coming in than 'cash' going out. Utilization ratio Wall Street analysts like Marathon Digital are expected to grow the... Below any of these levels will issue sell signals day, the stock as and. My name, email, and Momentum delineated into the X industry group called Banks Northeast a low forecast $! The symbol for Marathon Patent stock is $ 3.11 expected to grow in the S & P is just 3... 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