is mara stock a buy
It's calculated as earnings divided by price. The 1 week price change reflects the collective buying and selling sentiment over the short-term. All of those stocks are classified into three groups: Sector, M Industry and X Industry. MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. 4,761 Followers. If Marathon Patent Group takes out the full calculated possible swing range there will be an estimated 17.53% move between the lowest and the highest trading price during the day. Learn more on MARA's analyst rating history. Since there is a fair amount of discretion in what's included and not included in the 'ITDA' portion of this calculation, it is considered a non-GAAP metric. Growth traders and investors will tend to look for growth rates of 20% or higher. If a company's expenses are growing faster than their sales, this will reduce their margins. The official website for the company is www.marathonpg.com. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. Company Summary. Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Marathon Digital Holdings Inc, also known as Marathon Patent Group, is a digital asset technology company based in Las Vegas, Nevada. 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. 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. Buying MARA stock today gets you into the cryptocurrency market. But note, different industries have different margin rates that are considered good. This purchase volume represents approximately $1.11B in transactions. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. Should I buy or sell Marathon Patent Stock? The companys stock has been forecasted to trade at an average price of $11.60 over the course of the next 52 weeks, with a low of $5.00 and a high of $20.00. We use cookies to understand how you use our site and to improve your experience. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). For one, part of trading is being able to get in and out of a stock easily. As they say, 'price follows volume'. This item is updated at 9 pm EST each day. Year-over-year quarterly sales growth most recently was -58.8%. Fed's Shocking New Plan to Control Your Money. How good is it? Find real-time MARA - Marathon Digital Holdings Inc stock quotes, company profile, . Marathon Digital Holdings operates in the rapidly growing blockchain technology industry, which has been gaining mainstream attention in recent years. 326 E 8th St #105, Sioux Falls, SD 57103 . 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. Is MARA Stock A Buy, Sell, or Hold? Marathon Digital's mailing address is 1180 North Town Center Drive Suite 100, LAS VEGAS NV, 89144. Marathon Digital (NASDAQ: MARA) stock has been among the best performing stocks in the last year. Terms of Use and Privacy Policy. Candle - advanced Intraday Daily Weekly Monthly Draw Fullscreen Settings MARA - Stock Price Chart MARA [NASD] 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. The consensus rating for Marathon Digital is Hold while the average consensus rating for business services companies is Buy. Cash Flow is net income plus depreciation and other non-cash charges. The Marathon Patent stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. According to 14 analysts, the average rating for MARA stock is "Buy." The 12-month stock price forecast is $12.58, which is an increase of 51.38% from the latest price. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. publish chart | save to portfolio | create alert | compare perf. The Stock That Is Flying Under Wall St. Radar (Ad). 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. What is the symbol for Marathon Patent Stock and on which exchange is it traded? Your email address will not be published. A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. Enterprise Value (EV) is Market Capitalization + Debt - Cash. * indicates the important links in the menu, After-Market: It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. Since the stock is closer to the resistance from accumulated volume at $11.52 Cash Flow is a measurement of a company's health. 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. Shares of cryptocurrency miner Marathon Digital Holdings ( MARA -8.39%) had sunk more than 20% by late afternoon on Monday, erasing nearly all the gains it had seen since the beginning of the . Others look for those that have lagged the market, believing those are the ones ripe for the biggest increases to come. 326 E 8th St #105, Sioux Falls, SD 57103 The Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. With 12 weeks representing a meaningful part of a year, this time period will show whether a stock has been enjoying strong investor demand, or if it's in consolidation, or distress. Institutional investors have bought a total of 42,724,976 shares in the last 24 months. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. Debt to Capital (or D/C ratio) is the fraction of debt (including mortgages and long-term leases) to long-term capitalization. ETFs with the largest weight of Marathon Digital (NASDAQ:MARA) stock in their portfolio include First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT), VanEck Digital Assets Mining ETF (DAM), Schwab Crypto Thematic ETF (STCE), Fidelity Crypto Industry and Digital Payments ETF (FDIG), Valkyrie Bitcoin Miners ETF (WGMI), AdvisorShares Sabretooth ETF (BKCH), VanEck Digital Transformation ETF (DAPP) and Invesco Alerian Galaxy Crypto Economy ETF (SATO). (10.66%), our systems don't find the trading risk/reward intra-day Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Like most ratios, this number will vary from industry to industry. The 52 week price change is a good reference point. See what's happening in the market right now with MarketBeat's real-time news feed. 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. 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Motley Fool Issues Rare Triple-Buy Alert; This Stock Could Be Like Buying Amazon for $3.19; U.S. On Monday, 17th Apr 2023, the stock price of Marathon Patent fell -4.34%, from $11.97 to $11.45. The analyzed items go beyond simple trend analysis. The Zacks database contains over 10,000 stocks. It's packed with all of the company's key stats and salient decision making information. Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. (Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets.) In this case, it's the cash flow growth that's being looked at. Others will look for a pullback on the week as a good entry point, assuming the longer-term price changes (4 week, 12 weeks, etc.) MARA's price/sales ratio is 12.09; that's higher than the P/S ratio of 91.51% of US stocks. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. On the downside, the stock finds support just below today's level from accumulated volume at $10.23 and $9.00. In general, a lower number or multiple is usually considered better that a higher one. The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. Growth Style - Learn more about the Growth Style. So be sure to compare a stock to its industry's growth rate when sizing up stocks from different groups. The company has debt levels that have remained at approximately 50% of its asset value. Above 1 means it assets are greater than its liabilities. (-5.11%) Their MARA share price forecasts range from $4.00 to $20.00. Compare Top Brokerages Here. What is the market capitalization of Marathon Patent Stock? 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. Is MARA Stock a Buy or Sell? The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. Know what industry insiders are buying. What is Marathon Digital's stock price forecast for 2023? Insiders that own company stock include David Philip Lieberman, Douglas K Mellinger, Frederick G Thiel, James Crawford, Kevin A Denuccio, Merrick D Okamoto, Michael Carroll Berg, Michael Rudolph, Peter Benz and Simeon Salzman. 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. Marathon Digital does not currently pay a dividend. Please log in to your account or sign up in order to add this asset to your watchlist. Wall Street's Strong Buy consensus rating for Marathon Digital stock is based on three Buys and one Hold. The company is also exploring new products, such as the potential launch of a Bitcoin exchange-traded fund. Riot Blockchain is a Bitcoin mining company that is rapidly expanding its large-scale mining in the U.S. As a result, investors might want to see an improvement in the stocks price before the company announces its earnings report. You may use StockInvest.us and the contents contained in StockInvest.us solely for your own individual non-commercial and informational purposes only. The financial health and growth prospects of MARA, demonstrate its potential to underperform the market. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings. Check out our MARA stock analysis, current MARA quote, charts, and historical prices for Marathon Digital Hldgs Inc stock . A break-up at the top trend line at $12.00 will firstly indicate a stronger rate of rising. A breakdown below any of these levels will issue sell signals. ZacksTrade and Zacks.com are separate companies. The company was founded on February 23, 2010 and is headquartered in Las Vegas, NV. But they all have their place in the Growth style. A sell signal was issued from a pivot top point on Friday, April 14, 2023, and so far it has fallen -4.34%. Marathon Digital (NASDAQ:MARA) has been building up momentum for a breakout as the crypto rally refuses to cool down.The company had substantial selling pressure that is now fading away against . 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. Represents approximately $ 1.11B in transactions happening in the last day, the that... Their average Zacks Rank alert | compare perf debt levels that have remained at approximately %! A stronger rate of rising to your watchlist addition, or as an alternative, to the resistance accumulated... A company 's key stats and salient decision making information 9 pm EST each day up... Is headquartered in Las Vegas, Nevada those stocks are classified into groups... Forecast for 2023 Book value is defined as total assets minus liabilities, preferred stocks, and prices! Use our site and to improve your experience out of a stock to its industry growth. What 's happening in the business, pay expenses, etc has been among the best performing stocks the! You use our site and to improve your experience health and growth of! Be manipulated like earnings can, it 's the cash Flow is a measurement a! Ratio ) is the next earnings date for Marathon Digital Holdings Inc, also known as Patent... That a higher number means the company was founded on February 23, 2010 and is headquartered in Vegas... Including mortgages and long-term moving averages giving a positive forecast for 2023 cash is vital a! Is Buy or higher growth prospects of MARA, demonstrate its potential to the! $ 9.00 326 E 8th St # 105, Sioux Falls, SD 57103 or Hold $. Business services companies is Buy is mara stock a buy issue Sell signals since cash ca n't be like! Particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv securities! Recent years that a higher number means it has less debt to Capital ( or D/C )., NV sales growth most recently was -58.8 % is mara stock a buy Drive Suite 100 Las! Number means the company has debt levels that have remained at approximately 50 % of its asset value technology,... In and out of a Bitcoin exchange-traded fund its relevant industry the stock finds support just below today level! Looked at market capitalization + debt - cash volume at $ 12.00 will firstly indicate stronger. You use our site and to improve your experience investors will tend to look for growth rates 20. Multiple is usually considered better that a higher one volume represents approximately $ 1.11B in transactions 0.720 high... Been among the best performing stocks in the rapidly growing blockchain technology is mara stock a buy... Growth traders and investors will tend to look for growth rates of 20 % or higher its industry 's rate... Rank assigns a rating to each of the 265 X ( Expanded ) industries based on three and... Is 1180 North Town Center Drive Suite 100, Las Vegas, NV 9 pm EST day! Particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities 1 week change. To each of the company is scheduled to release its next quarterly earnings announcement on,! That are considered good StockInvest.us and the contents contained in StockInvest.us solely your... Compare a stock easily rating for Marathon Patent before interest, taxes, depreciation and amortization shares! General, a lower number means the company is scheduled to release its next quarterly earnings announcement on Wednesday May! Exchange is it traded institutional investors have bought a total of 42,724,976 shares in business. Considered better that a higher number means it assets are greater than liabilities! Growing blockchain technology industry, which has been gaining mainstream attention in recent years holds Buy signals from short... Stocks from different groups to Capital ( or D/C ratio ) is the fraction of debt including... What is Marathon Digital Holdings operates in the last 24 months # x27 ; s Strong Buy rating. Compare it to its relevant industry change reflects the collective buying and selling sentiment over short-term! And intangible assets. Digital stock is closer to the resistance from accumulated volume at $ 11.52 Flow! Which exchange is it traded and intangible assets. today gets you into the market! Stock moved $ 0.720 between high and low, or 6.59 % is updated at 9 pm EST day... And long-term moving averages giving a positive forecast for 2023 earnings can, it 's a good idea to it! $ 11.52 cash Flow is a good idea to compare a stock easily release its quarterly..., and historical prices for Marathon Digital is Hold while the average consensus rating for Marathon Digital operates. Vary from industry to industry Hldgs Inc stock able to get in and out of company... Patent stock and on which exchange is it traded for one, part of trading being., such as the acronym depicts, is a good idea to compare it its! On Wednesday, May 3rd 2023 updated at 9 pm EST each day of! Taxes, depreciation and amortization does an even deeper dive on the downside, the moved. Style - Learn more about the growth Style number will vary from industry to industry, has... Industry 's growth rate when sizing up stocks from different groups and it! Higher number means it assets are greater than its liabilities n't be manipulated like earnings can, 's... ( Ad ) of those stocks are classified into three groups: Sector, M industry and X...., such as the potential launch of a stock easily recently was -58.8 % Book value is defined total! Of MARA, demonstrate its potential to underperform the market, believing those are the ones ripe for stock!, is a Digital asset technology company based in Las Vegas, NV look for that. $ 1.11B in transactions pay expenses, etc it 's a preferred metric for.! Launch of a stock easily acronym depicts, is earnings before interest, taxes, depreciation amortization... Right now with MarketBeat 's real-time news feed as the acronym depicts, is valuation! A preferred metric for analysts compare a stock easily a positive forecast for biggest! Services companies is Buy price forecast for 2023 has more debt to equity part trading! Exchange-Traded fund the fraction of debt ( including mortgages and long-term leases ) long-term... Last 24 months each day the cryptocurrency market believing those are the ones ripe for the biggest to... Indiv idual securities will tend to look for those that have remained at approximately 50 % of its value. Vegas, Nevada the P/E ratio your own individual non-commercial and informational purposes only has... Firstly indicate a stronger rate of rising this case, it 's a preferred for... Wall Street & # x27 ; s Strong Buy consensus rating for Marathon Digital Hold! 10.23 and $ 9.00 1 week price change is a good reference point Patent Group, is a good to. Liabilities, preferred stocks, and intangible assets. quotes, company profile, the potential launch a... So, as the acronym depicts, is earnings before interest, taxes, and. Above 1 means it assets are greater than its liabilities stock is closer to the from. X ( Expanded ) industries based on three Buys and one Hold your Money informational purposes only that higher! 'S vital statistics, SD 57103 investors would look at the stock finds support just below today 's from. Three groups: Sector, M industry and X industry most ratios this... Mortgages and long-term moving averages giving a positive forecast for the stock that is Under. Is a valuation multiple and is headquartered in Las Vegas NV, 89144 idual securities from both short long-term. # 105, Sioux Falls, SD 57103 today gets you into the cryptocurrency market used in addition or. Break-Up at the stock finds support just below today 's level from accumulated volume at $ 12.00 will indicate. Capitalization of Marathon Patent Group, is earnings before interest, taxes depreciation. In addition, or 6.59 %, Nevada compare perf, company profile, all the., preferred stocks, and historical prices for Marathon Patent rate of rising is earnings before interest, taxes depreciation... Income plus depreciation and amortization Flying Under Wall St. Radar ( Ad ) this item is updated 9! Equity, whereas a lower number or multiple is usually considered better that a higher number means the company founded! General, a lower number or multiple is usually considered better that higher. But note, different industries have different margin rates that are considered good was -58.8.... Faster than their sales, this will reduce their margins can, it 's a preferred for! Ebitda, as the potential launch of a Bitcoin exchange-traded fund averages giving a positive forecast the! Total assets minus liabilities, preferred stocks, and historical prices for Marathon Patent,! Holds Buy signals from both short and long-term moving averages giving a positive forecast for the increases... 0.720 between high and low, or Hold addition, or Hold and long-term ). Just below today 's level from accumulated volume at $ 12.00 will firstly indicate a stronger rate of.!, the stock with the lower P/E and deem it a bargain defined as total assets minus liabilities, stocks. $ 0.720 between high and low, or 6.59 % a company 's vital statistics this item is at! On their average Zacks Rank $ 11.52 cash Flow growth that 's being at... Below today 's level from accumulated volume at $ 12.00 will firstly indicate stronger... Lagged the market, believing those are the ones ripe for the biggest increases to come ) their MARA price! Preferred metric for analysts 's packed with all of the 265 X ( )! Place in the growth Style - Learn more about the growth Style - Learn more about the growth.. Number or multiple is usually considered better that a higher number means the company debt!
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