Reaching at a price of $8.07, Marathon Digital moved 9.9% Friday on a volume of 48,773,058, compared to its average of 23,636,972. In contrast, the S&P 500 index moved 1.9%. Read below for a basic value analysis of Marathon Digital.
Marathon Digital shares moved -64.8% over the last 52 weeks, with a high of $32.74 and a low of $3.11. During this time, the stock lagged the S&P 500 index by -54.8%. As of January 2022, the company's 50-day average price is $5.9622. Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States. The small-cap Financial Services company has 10 full time employees and is based in Las Vegas, NV. Marathon Digital has not offered any dividends in the last year.
The Company Has Explosive Revenue Growth But Remains Unprofitable:
| 2019-12-31 | 2020-12-31 | 2021-12-31 | |
|---|---|---|---|
| Revenue (k) | $1,185 | $4,357 | $150,464 |
| Revenue Growth | n/a | 267.65% | 3353.03% |
| Operating Margins | -319.9% | -205.7% | -36.9% |
| Operating Margins Growth | n/a | 35.7% | 82.06% |
| Net Margins | -296.74% | -239.77% | -24.04% |
| Net Margins Growth | n/a | 19.2% | 89.97% |
| Earnings Per Share | -$0.53 | -$0.13 | -$0.36 |
| EPS Growth | n/a | 75.47% | -176.92% |
| Free Cash Flow (k) | -$3,324 | -$91,164 | -$727,135 |
| FCF Growth | n/a | -2642.69% | -697.62% |
| Capital Expenditures (k) | -$5 | -$83,390 | -$708,917 |
| LT Debt to Equity | 0.27 | 0.0 | 1.07 |
Marathon Digital has negative earnings for the current period, so its trailing twelve month P/E ratio is not meaningful. But based on its EPS guidance of 0.65, the company has a forward P/E ratio of 12.4. In contrast, the Financial Services sector's average P/E ratio is 13.34.
On the other hand, Marathon Digital is possibly undervalued in terms of its net assets because its P/B ratio is 1.5 compared to its sector average of 1.95.
Marathon Digital Is the Subject of Mixed Market Indicators:
8 analysts are following Marathon Digital and have set target prices ranging from $4 to $20 per share. On average, they have given the company a rating of buy. At the current price of $8.07, MARA is trading -32.24% away from its average analyst target price of $11.91 per share, implying an analyst consensus of strong upside potential for the stock.
The company has an unusually large proportion of its shares sold short since 37.8% of the company's shares are tied to short positions. Institutions own 38.0% of Marathon Digital's shares, while the insider ownership rate stands at 4.93%. The biggest shareholder is the Vanguard Group, Inc. with a 9% stake in the company worth approximately $86,090,877.
