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Stocks with the Highest Top Analyst Consensus in the Technology Sector, See the highest rated stocks in the Technology sector. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. Reducing Debt: Insufficient data to determine if SDIG's debt to equity ratio has reduced over the past 5 years. Bitcoin hit a record high of about $67,000 on Strongholds IPO day. Beard is a founding and managing Show more. A higher number is better than a lower number.
But when compared to its growth rate, it does't have the earnings growth to justify its P/E. Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement. attractive and any bets should be hold until the stock is closer to the support level. Many other growth items are considered as well. Compensation vs Earnings: Insufficient data to compare Greg's compensation with company performance. Real time prices by BATS.
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. The 20 day average establishes this baseline. This measure is expressed as a percentage. which gives a possible trading interval of +/-$0.38 (+/-15.05%) up or down from last closing price. We use cookies to understand how you use our site and to improve your experience. Market Realist is a registered trademark.
Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another. Growth traders and investors will tend to look for growth rates of 20% or higher. 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. 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. The stock should be watched closely. Stronghold Digital Mining (SDIG) Quote Overview, Stronghold Digital Mining (SDIG) Style Scores. 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. How does SDIG's PS Ratio compare to its peers? Since cash can't be manipulated like earnings can, it's a preferred metric for analysts.
Stable Cash Runway: SDIG has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. But note, different industries have different margin rates that are considered good. Earnings vs Market: SDIG is forecast to become profitable over the next 3 years, which is considered above average market growth.
SDIG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21%).
Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. This is useful for obvious reasons, but can also put the current day's intraday gains into better context by knowing if the recently completed trading day was up or down.
For one, part of trading is being able to get in and out of a stock easily.
It's calculated as earnings divided by price. liable for your own investment decisions and agree to the Like the P/E ratio, a lower number is considered better.
A sell signal was issued from a pivot top point on Wednesday, July 20, 2022, and so far it has fallen -21.81%. Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement. Learn more about Zacks Equity Research reports. The analyzed items go beyond simple trend analysis. A P/B of 2 means it's selling at 2 times its book value. (Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets.) Insufficient data to determine how SDIG performed against the. NASDAQ data is at least 15 minutes delayed. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. For this estimate we use a Discounted Cash Flow model. Revenue vs Market: SDIG's revenue (29.7% per year) is forecast to grow faster than the US market (7.9% per year). How is Stronghold Digital Mining forecast to perform in the next 1 to 3 years based on estimates from 4 analysts? How experienced are the management team and are they aligned to shareholders interests? This is a medium-term price change metric. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Value Style - Learn more about the Value Style. Notable Dividend: Unable to evaluate SDIG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate. Actual performance may differ significantly from backtested performance. So be sure to compare it to its group when comparing stocks in different industries. It made its public market debut on Oct. 20 to a rousing welcomethe stock rose nearly 70 percent on its first day of trading.
And like the P/E ratio, a lower number is typically considered 'better' than a higher number. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. 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. This allows the investor to be as broad or as specific as they want to be when selecting stocks. The company was incorporated in 2021 and is headquartered in New York, New York. Read more. It also operates coal refuse power generation facilities.
Conversely, if the yield on stocks is higher than the 10 Yr., then stocks would be considered undervalued. The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. It's then divided by the number of shares outstanding to determine how much cash is generated per share. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Earnings vs Industry: SDIG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21%). SDIG only recently listed within the past 12 months. (0.80%) than the support at $2.46 A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry.
Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. It takes the consensus estimate for the current fiscal year (F1) divided by the EPS for the last completed fiscal year (F0) (actual if reported, the consensus if not). One of the reasons some investors prefer the P/S ratio over other metrics like the P/E ratio is because sales are harder to manipulate on an income statement than earnings. In this case, it's the cash flow growth that's being looked at. In general, a lower number or multiple is usually considered better that a higher one. All users should speak with their financial advisor before buying or selling any securities. What is the Fair Price of SDIG when looking at its future cash flows? Is SDIG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Return on Equity (or ROE) is calculated as income divided by average shareholder equity (past 12 months, including reinvested earnings). Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. Of course, different industries will have different growth rates that are considered good. Earnings Trend: Insufficient data to determine if SDIG's year-on-year earnings growth rate was positive over the past 5 years. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.
to move between $2.13 and $2.89, The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Stronghold Digital Mining, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. Delayed quotes by Sungard. SDIG is forecast to become profitable over the next 3 years, which is considered above average market growth. Today SDIG ranks A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. Enter your email to receive our newsletter.
Changes in these assumptions may have a material impact on the backtested returns presented. Below Fair Value: Insufficient data to calculate SDIG's fair value for valuation analysis.
In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). This item is updated at 9 pm EST each day.
Some investors seek out stocks with the best percentage price change over the last 52 weeks, expecting that momentum to continue.
On a fall, the stock will find some support from the long-term average at approximately $2.04. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B. There are 17 Sectors, 60 different M Industries, and 265 X Industries. Unless specified all financial data is based on a yearly period but updated quarterly. High ROE: SDIG has a negative Return on Equity (-27.7%), as it is currently unprofitable. Cash flow can be found on the cash flow statement. One of them is institutional investors growing interest in the flagship crypto. Net Margin is defined as net income divided by sales. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. Price-To-Sales vs Industry: SDIG is good value based on its Price-To-Sales Ratio (0.9x) compared to the US Software industry average (5.1x). You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days. Core Scientific is also gearing up for an IPO, which will further broaden options for Bitcoin stock investors. Zacks Style Scores Education - Learn more about the Zacks Style Scores. (This stock has very high daily movements and this gives very high risk. Copyright 2022 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. The launch of these funds could push the crypto to greater highs. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. This is a longer-term price change metric. Volume fell on the last day by -1 million shares and in total, 2 million shares were bought and sold for approximately $4.10 million. The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. Can I see which stocks the top-ranking analysts are rating? The Stronghold Digital Mining, Inc. stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. It rose as much as 68 percent to touch $31.90 high in the early hours of its debut. If a stock's Q1 estimate revision decreases leading up to its earnings release, that's usually a negative sign, whereas an increase is typically a positive sign. Regardless of the many ways investors use this item, whether looking at a stock's price change, an index's return, or a portfolio manager's performance, this time-frame is a common judging metric in the financial industry. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. The longer-term perspective helps smooth out short-term events. The predicted opening price is based on yesterday's movements between high, low, and the closing price. Click to get the best stock tips daily for free! Mr. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. Stronghold Digital Mining, Inc.'s employee growth, exchange listings and data sources. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. Given the current short-term trend, the stock is expected to fall -23.16% during the next 3 months and, with a 90% probability hold a price between $0.87 and $2.38 at the end of this 3-month period.
Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. But, it's made even more meaningful when looking at the longer-term 4 week percent change. On further gains, the stock will meet resistance from the short-term moving average at approximately $2.63. NYSE and AMEX data is at least 20 minutes delayed. Stronghold priced its stock at $19 for the public offering, above the marketed range of $16$18.
This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Above 1 means it assets are greater than its liabilities. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months.
Insufficient data to compare Greg's compensation with company performance. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. A positive change in the cash flow is desired and shows that more 'cash' is coming in than 'cash' going out. The 52 week price change is a good reference point. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). #7519 as hold candidate. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. The tested combination of price performance, and earnings momentum (both actual and estimate revisions), creates a powerful timeliness indicator to help you identify stocks on the move so you know when to get in and when to get out. Return vs Market: Insufficient data to determine how SDIG performed against the US Market. 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. The Price to Sales ratio or P/S is calculated as price divided by sales.
Using this item along with the 'Current Cash Flow Growth Rate' (in the Growth category above), and the 'Price to Cash Flow ratio' (several items above in this same Value category), will give you a well-rounded indication of the amount of cash they are generating, the rate of their cash flow growth, and the stock price relative to its cash flow. Other financial metrics that can be useful for relative valuation.
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Like earnings, a higher growth rate is better than a lower growth rate. It currently has a Growth Score of A. A P/B of 1 means it's selling at its per share book value. Terms of Use and Privacy Policy. Investors have an expanding selection of Bitcoin mining stocks to choose from.
Since 1988 it has more than doubled the S&P 500 with an average gain of +24.90% per year. Ideally, an investor would like to see a positive EPS change percentage in all periods, i.e., 1 week, 4 weeks, and 12 weeks. SDIG is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (3.7x). Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.
The company has mined only a tiny amount of Bitcoin so far, but that's expected to change. 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. These returns cover a period from January 1, 1988 through June 6, 2022. A P/S ratio of 2 means you're paying $2 for every $1 of sales the company makes. See rankings and related performance below. Mr. Gregory A. It measures a company's ability to pay short-term obligations. So be sure to compare a stock to its industry's growth rate when sizing up stocks from different groups.
Share price rose 22% to US$1.91 over the past week. Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States. 337927). Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
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. Return vs Industry: Insufficient data to determine how SDIG performed against the US Software industry. Stronghold-specific fundamentals will also determine how much SDIG stock will be worth. Some of the items you'll see in this category might look very familiar, while other items might be quite new to some.
Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share.
Aside from using absolute numbers, however, you can also find value by comparing the P/E ratio to its relevant industry and its peers. Dilution of Shares: SDIG only recently listed within the past 12 months. A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. 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. For example, a regional bank would be classified in the Finance Sector. As the name suggests, it's calculated as sales divided by assets. Interest in Bitcoin as an investment has soared since ProShares launched its Bitcoin BITO ETF. A value under 20 is generally considered good. have bought more shares than they have sold in the past 3 months.
Head over to our Expert Center to see a list of the, Invest Like a Pro with Unique Data & Simplifed Tools, Make informed decisions based on Top Analysts' activity, Get actionable alerts from top Wall Street Analysts, Find out before anyone else which stock is going to shoot up, Get powerful stock screeners & detailed portfolio analysis. The 5 analysts covering Stronghold Digital Mining previously expected the company to break even in 2022. You have successfully joined our subscriber list. $2.38 Stronghold Digital Mining has 143.90% upside potential, based on the analysts average price target. Growth Style - Learn more about the Growth Style.
If you wish to go to ZacksTrade, click OK. ZacksTrade and Zacks.com are separate companies. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Mr. The income number is listed on a company's Income Statement. Debt to Capital (or D/C ratio) is the fraction of debt (including mortgages and long-term leases) to long-term capitalization. A ratio of 2 means its assets are twice that of its liabilities. It's typically categorized as a valuation metric and is most often quoted as Cash Flow per Share and as a Price to Cash flow ratio. The Projected Sales Growth (F1/F0) looks at the estimated growth rate for the current year. Insufficient data to determine if SDIG's dividend payments have been increasing. (1.99%), our systems don't find the trading risk/reward intra-day One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. It offered 6.7 million shares, more than the 5.8 million shares it initially planned to sell in what is now clearly an oversubscribed IPO. $2.51 Volume is a useful item in many ways. For the last week, the stock has had a daily average volatility of 13.81%. That does not mean that all companies with large growth rates will have a favorable Growth Score. A company with an ROE of 10%, for example, means it created 10 cents of assets for every $1 of shareholder equity in a given year. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Since there is a fair amount of discretion in what's included and not included in the 'ITDA' portion of this calculation, it is considered a non-GAAP metric. No representations and warranties are made as to the reasonableness of the assumptions. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. Cash Flow per share ($/share) calculates the amount of incoming cash vs. the amount of outgoing cash for a company. The consensus outlook for earnings per share (EPS) in 2022 has deteriorated.
Stronghold uses waste coal to generate electricity for its Bitcoin mining operations.
Experienced Board: SDIG's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board. Value investors will typically look for stocks with P/E ratios under 20, while growth investors and momentum investors are often willing to pay much more. This shows the percentage of profit a company earns on its sales. If a stock's EPS consensus estimate is $1.10 now vs. $1.00 the week before, that will be reflected as a 10% change. Our testing substantiates this with the optimum range for price performance between 0-20. Since the stock is closer to the resistance from accumulated volume at $2.53 Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. SDIG's revenue (29.7% per year) is forecast to grow faster than the US market (7.9% per year). All of those stocks are classified into three groups: Sector, M Industry and X Industry. Stronghold aims to quadruple its mining capacity in about a year. The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. If you do not, click Cancel. With the wide selection, investors are trying to identify the best Bitcoin miner stock to buy. Momentum Style - Learn more about the Momentum Style. No cash balance or cash flow is included in the calculation. Short Term Liabilities: SDIG's short term assets ($50.6M) do not cover its short term liabilities ($124.4M). People may receive compensation for some links to products and services on this website. Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States. ( 0.8 years average tenure), which suggests a new board.
Stable Share Price: SDIG is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 23% a week. 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 company was incorporated in 2021 and is headquartered in New York, New York.
That means these items are added back into the net income to produce this earnings number. This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors. Insufficient data to determine if SDIG's debt to equity ratio has reduced over the past 5 years. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Earnings vs Savings Rate: SDIG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%). Backtested performance is not an indicator of future actual results. It's also commonly referred to as a 'liquidity ratio'. Enterprise Value (EV) is Market Capitalization + Debt - Cash. Bitcoins recent spike to a record of about $67,000 came in response to the launch of ProShares Bitcoin ETF. Seeing a stock's EPS change over 1 week is important. If the volume is too light, in absolute terms or for a relatively large position, it could be difficult to execute a trade. The Growth Scorecard table also displays the values for its respective Industry along with the values and Growth Score of its three closest peers. In short, this is how much a company is worth. High Growth Earnings: SDIG is expected to become profitable in the next 3 years. It is the most commonly used metric for determining a company's value relative to its earnings. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success.
Insufficient data to calculate SDIG's fair value for valuation analysis. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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. This includes measuring aspects of the Income Statement, Statement of Cash Flows, the Balance Sheet, and more. Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States. What's Stronghold Digital's stock forecast for 2025?
What is Stronghold Digital Mining current dividend yield, its reliability and sustainability? 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. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. Therefore, Stronghold has a promising outlook. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. The 1 week price change reflects the collective buying and selling sentiment over the short-term. Cash Flow Coverage: Unable to calculate sustainability of dividends as SDIG has not reported any payouts. SDIG is expected to become profitable in the next 3 years. Learn more here. For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). Visit www.zacksdata.com to get our data and content for your mobile app or website. Therefore, its activities are also beneficial to the environment because they help reclaim land from Pennsylvania's legacy coal-mining industry. Cash Flow is a measurement of a company's health. Compensation vs Market: Greg's total compensation ($USD4.58M) is above average for companies of similar size in the US market ($USD773.41K). Less than 1 means its liabilities exceed its short-term assets (cash, inventory, receivables, etc.). Growing Profit Margin: SDIG is currently unprofitable.
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