At the time of writing, MARA Holdings Inc. [MARA] stock is trading at $16.41, up 2.12%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MARA shares have gain 3.40% over the last week, with a monthly amount drifted -12.20%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
MARA Holdings Inc. [NASDAQ: MARA] stock has seen the most recent analyst activity on January 17, 2024, when BTIG Research upgraded its rating to a Buy but kept the price target unchanged to $27 for it. Previously, Bernstein started tracking the stock with Mkt Perform rating on October 31, 2023, and set its price target to $8.30. On October 11, 2023, JP Morgan initiated with a Underweight rating and assigned a price target of $5 on the stock. Needham started tracking the stock assigning a Hold rating. Chardan Capital Markets downgraded its rating to a Neutral but $15 remained the price target by the analyst firm on August 07, 2023. Jefferies downgraded its rating to Hold for this stock on January 09, 2023, and downed its price target to $4. In a note dated September 23, 2022, BTIG Research downgraded an Neutral rating on this stock.
For the past year, the stock price of MARA Holdings Inc. fluctuated between $7.16 and $34.09. Currently, Wall Street analysts expect the stock to reach $31.2 within the next 12 months. MARA Holdings Inc. [NASDAQ: MARA] shares were valued at $16.41 at the most recent close of the market. An investor can expect a potential return of 90.13% based on the average MARA price forecast.
Analyzing the MARA fundamentals
According to MARA Holdings Inc. [NASDAQ:MARA], the company’s sales were 564.95M for trailing twelve months, which represents an 77.52% jump. Gross Profit Margin for this corporation currently stands at 0.01% with Operating Profit Margin at -0.61%, Pretax Profit Margin comes in at 0.79%, and Net Profit Margin reading is 0.75%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.22 and Total Capital is -0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.84 points at the first support level, and at 15.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.77, and for the 2nd resistance point, it is at 17.12.
Ratios To Look Out For
It is important to note that MARA Holdings Inc. [NASDAQ:MARA] has a current ratio of 3.75. As well, the Quick Ratio is 3.75, while the Cash Ratio is 2.7. Considering the valuation of this stock, the price to sales ratio is 8.55, the price to book ratio is 1.78 and price to earnings (TTM) ratio is 8.91.
Transactions by insiders
Recent insider trading involved Thiel Frederick G, Chief Executive Officer, that happened on Sep 20 ’24 when 27512.0 shares were sold. Chief Financial Officer, Khan Salman Hassan completed a deal on Sep 16 ’24 to sell 16700.0 shares. Meanwhile, Director MELLINGER DOUGLAS K sold 1000.0 shares on Sep 12 ’24.
