Why Are People Talking About Investing in Marathon Digital (MARA)?

Marathon Digital logged a 0.5% change during today's evening session, and is now trading at a price of $12.06 per share. On average, analysts give it a target price of $16.02.

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines digital assets with a focus on the blockchain ecosystem and the generation of digital assets in United States. The small-cap company is based in the United States.

Make Sure to Consider the Following Before Buying Marathon Digital:

  • Marathon Digital has moved 3.0% over the last year.

  • MARA has a forward P/E ratio of -120.6 based on its EPS guidance of -0.1.

  • Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 3.0%.

  • The company has a price to earnings growth (PEG) ratio of -0.77.

  • Its Price to Book (P/B) ratio is 3.53

Marathon Digital Has an Unconvincing Cash Flow History

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2020-03-24 -3,319 -5 -3,313 -10.93
2019-03-25 -8,239 -5,252 -2,987 72.35
2018-03-25 -10,808 -8 -10,801 -206.09
2017-04-05 10,173 -8 10,181 450.72
2016-03-30 -2,961 -58 -2,903 -164.39
2015-02-13 4,455 -53 4,508

Marathon Digital's recent cash flow history is disappointing. They've averaged $-885,794.3 over the last 6 years while displaying a coefficient of variability of 30791146.6%. During this time, they grew at a -0.0% compounded yearly rate

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.