A Great Bargain Stock You Could Consider Is Marathon Digital Holdings Inc. (MARA)

view original post

Marathon Digital Holdings Inc. (NASDAQ:MARA) has a beta value of 4.59 and has seen 9.1 million shares traded in the last trading session. The company, currently valued at $3.01B, closed the last trade at $28.49 per share which meant it lost -$0.81 on the day or -2.76% during that session. The MARA stock price is -192.91% off its 52-week high price of $83.45 and 44.82% above the 52-week low of $15.72. If we look at the company’s 10-day average daily trading volume, we find that it stood at 10.84 million shares traded. The 3-month trading volume is 13.33 million shares.

The consensus among analysts is that Marathon Digital Holdings Inc. (MARA) is a Buy stock at the moment, with a recommendation rating of 1.70. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.67.

3 Tiny Stocks Primed to Explode The world’s greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We’ve set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free


Sporting -2.76% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 01/07/22 when the MARA stock price touched $28.49 or saw a rise of 19.7%. Year-to-date, Marathon Digital Holdings Inc. shares have moved -13.30%, while the 5-day performance has seen it change -13.30%. Over the past 30 days, the shares of Marathon Digital Holdings Inc. (NASDAQ:MARA) have changed -38.92%. Short interest in the company has seen 17.76 million shares shorted with days to cover at 1.24.

Wall Street analysts have a consensus price target for the stock at $63.03, which means that the shares’ value could jump 54.8% from current levels. The projected low price target is $50.00 while the price target rests at a high of $74.10. In that case, then, we find that the current price level is -160.09% off the targeted high while a plunge would see the stock gain -75.5% from current levels.

Marathon Digital Holdings Inc. (MARA) estimates and forecasts

Figures show that Marathon Digital Holdings Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained 4.09% over the past 6 months, with this year growth rate of -8.33%, compared to 11.10% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2022 fiscal year revenue. Growth estimates for the current quarter are 937.50% and 18.40% for the next quarter. Revenue growth from the last financial year stood is estimated to be 4,173.60%.

2 analysts offering their estimates for the company have set an average revenue estimate of $96.05 million for the current quarter. 2 have an estimated revenue figure of $139.55 million for the next quarter concluding in Mar 2022. Year-ago sales stood $2.64 million and $9.15 million respectively for this quarter and the next, and analysts expect sales will grow by 3,532.80% for the current quarter and 1,424.60% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 63.20% over the past 5 years. Earnings growth for 2022 is a modest 75.70% while over the next 5 years, the company’s earnings are expected to increase by 50.00%.

MARA Dividends

Marathon Digital Holdings Inc. is expected to release its next earnings report between March 14 and March 18 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Marathon Digital Holdings Inc. (NASDAQ:MARA)’s Major holders

Insiders own 9.03% of the company shares, while shares held by institutions stand at 37.85% with a share float percentage of 41.61%. Investors are also buoyed by the number of investors in a company, with Marathon Digital Holdings Inc. having a total of 288 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 9.03 million shares worth more than $285.17 million. As of Sep 29, 2021, Vanguard Group, Inc. (The) held 8.80% of shares outstanding.

The other major institutional holder is Blackrock Inc., with the holding of over 6.47 million shares as of Sep 29, 2021. The firm’s total holdings are worth over $204.31 million and represent 6.30% of shares outstanding.

>> 7 Top Picks for the Post-Pandemic Economy <<

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. As of Sep 29, 2021, the former fund manager holds about 2.61% shares in the company for having 2.68 million shares of worth $84.73 million while later fund manager owns 2.36 million shares of worth $74.54 million as of Sep 29, 2021, which makes it owner of about 2.30% of company’s outstanding stock.