Bitcoin Depot Inc (BTM) stock: 12-month forecast projects 120.59% potential return%

Bitcoin Depot Inc [BTM] stock is trading at $1.70, up 12.58%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BTM shares have gain 12.58% over the last week, with a monthly amount glided 11.11%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Bitcoin Depot Inc [NASDAQ: BTM] stock has seen the most recent analyst activity on December 20, 2023, when Northland Capital initiated its Market Perform rating and assigned the stock a price target of $3.50.

Bitcoin Depot Inc [BTM] stock has fluctuated between $1.33 and $3.70 over the past year. Currently, Wall Street analysts expect the stock to reach $3.75 within the next 12 months. Bitcoin Depot Inc [NASDAQ: BTM] shares were valued at $1.70 at the most recent close of the market. An investor can expect a potential return of 120.59% based on the average BTM price forecast.

Analyzing the BTM fundamentals

Bitcoin Depot Inc [NASDAQ:BTM] reported sales of 629.49M for the trailing twelve months, which represents a drop of -17.42%. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is 1.24 and Total Capital is 0.43. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-2.92.

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 1.6200 points at the first support level, and at 1.5400 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7600, and for the 2nd resistance point, it is at 1.8200.

Ratios To Look Out For

For context, Bitcoin Depot Inc’s Current Ratio is 1.16. In addition, the Quick Ratio stands at 1.16 and the Cash Ratio stands at 0.94. Considering the valuation of this stock, the price to sales ratio is 0.16.

Transactions by insiders

Recent insider trading involved Mintz Brandon Taylor, Chief Executive Officer, that happened on Nov 05 ’24 when 18196.0 shares were sold. Chief Executive Officer, Mintz Brandon Taylor completed a deal on Nov 01 ’24 to sell 6804.0 shares. Meanwhile, Chief Operating Officer Buchanan Christopher Scott sold 10000.0 shares on Oct 01 ’24.

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