This suggests a possible upside of 20.6% from the stock's current price. Marathon Digital Holdings Inc, also known as Marathon Patent Group, is a digital asset technology company based in Las Vegas, Nevada. Above 1 means it assets are greater than its liabilities. 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. Trading volume has been higher than industry peers averaging around 31 million daily shares. The business services provider earned $51.71 million during the quarter, compared to the consensus estimate of $75.05 million. here for our free guide on how to buy Marathon Patent Stock. The VGM score is based on the trading styles of Growth, VAlue, and Momentum. What is the symbol for Marathon Patent Stock and on which exchange is it traded? Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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. Which Marathon Digital major shareholders have been selling company stock? Marathon Digital (NASDAQ: MARA) stock has been among the best performing stocks in the last year. How were Marathon Digital's earnings last quarter? It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. The Sales to Assets ratio (or Sales to Total Assets or S/TA for short) shows how much sales are generated from a company's assets. Carvana (NYSE:CVNA), an online used car retailer, is one of the most significantly shorted stocks in the market right now. View MARA analyst ratings or view top-rated stocks. The average Marathon Digital Holdings price target is $17.33, implying 73.65% upside potential. 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. 9 brokerages have issued 12 month target prices for Marathon Digital's stock. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Build your trading network; Follow your favorite assets . Current Cash Flow Growth measures the percent change in the year over year Cash Flow. Institutional investors have bought a total of 42,724,976 shares in the last 24 months. Get daily stock ideas from top-performing Wall Street analysts. According to the average forecast, sales growth in current quarter could jump down -5.30%, compared to the corresponding quarter of last year. It's then divided by the number of shares outstanding to determine how much cash is generated per share. Find the latest Marathon Digital Holdings, Inc. (MARA) stock discussion in Yahoo Finance's forum. 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. Candle - advanced Intraday Daily Weekly Monthly Draw Fullscreen Settings MARA - Stock Price Chart MARA [NASD] What other stocks do shareholders of Marathon Digital own? The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. A 'good' number would usually fall within the range of 1.5 to 3. Your email address will not be published. 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. Like many of its peers, Marathon's stock price has been closely tied to bitcoin prices. Another challenge for Marathon Digital Holdings is the reliance on the Bitcoin mining industry. Data indicates that the EPS growth is expected to be 106.10% in 2024, while the next years EPS growth is forecast to be 215.80%. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. What is the Price Target for MARA Stock? Moreover, when comparing stocks in different industries, it can become even more important to look at the relative measures, since different stocks in different industries have different values that are considered normal. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Only 39.88% of the stock of Marathon Digital is held by institutions. . In general, a lower number or multiple is usually considered better that a higher one. Zacks Ranks stocks can, and often do, change throughout the month. Cash Flow is a measurement of a company's health. This allows the investor to be as broad or as specific as they want to be when selecting stocks. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MARA, but not buy additional shares or sell existing shares. If this is broken, then the next support from accumulated volume will be at $9.00 and $8.75. There are currently 5 hold ratings and 4 buy ratings for the stock. Furthermore, Marathon Digital Holdings Inc. (MARA)s beta value is 5.00, and its average true range (ATR) is 0.98. The predicted opening price is based on yesterday's movements between high, low, and closing price. In this case, Marathon Patent finds support just below today's level at $10.23. To learn more, click here. Today's volume. What is the 52-week high and low for Marathon Patent Stock? It takes the consensus sales estimate for the current fiscal year (F1) divided by the sales for the last completed fiscal year (F0) (actual if reported, the consensus if not). The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. This decrease in volume is actually a good sign, as it usually follows the stock. The company was founded on February 23, 2010 and is headquartered in Las Vegas, NV. How good is it? Marathon Patent Stock can be purchased through just about any brokerage firm, including online brokerage services. Marathon Digital has a Moderate Buy consensus rating based on two Buys, one Hold rating, and zero Sell ratings assigned over the last three months. Turning to Wall Street, MARA is a Moderate Buy based on four Buys and three Hold ratings. The average stock price target of $10 suggests that the . In the meantime, 0 analyst(s) believe the stock as Underweight and 0 think it is a Sell. Fred Thiel previously worked as Marathon's Lead Independent Director. Sign-up to receive the latest news and ratings for MARA and its competitors with MarketBeat's FREE daily newsletter. Zacks' proprietary data indicates that Marathon Digital Holdings, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the MARA shares relative to the market in the next few months. Based on these price targets, the low is 56.6% off current price, whereas the price has to move -73.61% to reach the yearly target high. The chart below shows how a company's share price and consensus price target have changed over time. Find real-time MARA - Marathon Digital Holdings Inc stock quotes, company profile, . While the hover-quote on Zacks.com, as well as the various tables, displays the delayed intraday quote and price change, this display shows the daily change as of the most recently completed trading day. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. Note; companies will typically sell for more than their book value in much the same way that a company will sell at a multiple of its earnings. Ideally, an investor would like to see a positive EPS change percentage in all periods, i.e., 1 week, 4 weeks, and 12 weeks. Cash Flow is net income plus depreciation and other non-cash charges. When is Marathon Digital's next earnings date? Marathon Digital has been rated by B. Riley, Chardan Capital, and Compass Point in the past 90 days. Thus, investors eager to increase their holdings of the companys stock will have an opportunity to do so as the average rating for the stock is Overweight. Portfolio. Is Marathon Digital Holdings Stock a Buy Now? Motley Fool Issues Rare Triple-Buy Alert; This Stock Could Be Like Buying Amazon for $3.19; U.S. Also, by looking at the rate of this item, rather than the actual dollar value, it makes for easier comparisons across the industry and peers. Marathon Digital's stock is owned by many different institutional and retail investors. The company is also exploring new products, such as the potential launch of a Bitcoin exchange-traded fund. That means these items are added back into the net income to produce this earnings number. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. 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. 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. Day's Range $0 - $0. These risks could impact the company's ability to mine digital assets and generate revenue. Please log in to your account or sign up in order to add this asset to your watchlist. Click Here to Download the FREE Report. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Marathon Digital Holdings has experienced growth issues since its inception, with the stock price dropping from its IPO price of $100 to around $8. Analysts are projecting the companys earnings per share (EPS) to be -$0.05, which is expected to increase to $0.07 for fiscal year $0.19 and then to about $0.6 by fiscal year 2024. On the downside, the stock finds support just below today's level from accumulated volume at $10.23 and $9.00. On corrections down, there will be some support from the lines at $10.31 and $7.89. Further fall is indicated until a new bottom pivot has been found. The industry is characterized by high competition, with a few dominant players and many smaller firms. And margin rates can vary significantly across these different groups. The Momentum Scorecard table also displays the values for its respective Industry along with the values and Momentum Score of its three closest peers. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. Systematic retrieval of data or other content from StockInvest.us, whether to create or compile, post to other websites, directly or indirectly, as text, video or audio, a collection, compilation, database or directory, is prohibited absent our express prior written consent. Marathon Digital Holdings ' ( MARA 14.04%) stock plunged 27% on Nov. 15 after the Bitcoin ( BTC 1.62%) mining company made two surprising announcements. MARA stock is a Hold. This measure is expressed as a percentage. The Growth Scorecard table also displays the values for its respective Industry along with the values and Growth Score of its three closest peers. 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