The price has fallen in 5 of the last 10 days, but is still up by 37.16% over the past 2 weeks. Software industry in the US expected to see average net income growth of 7.4% next year. Unable to compare SDIG's earnings growth over the past year to its 5-year average as it is currently unprofitable. Weve recently updated our valuation analysis. How can I follow the stock ratings of top Wall Street analysts? How high can SDIG stock go? It is used to help gauge a company's financial health. It raised about $130 million in the IPO and it plans to use the money to purchase more miners and energy-generating assets to increase its capacity and electricity output. Can I see which stocks the top-ranking analysts are rating? 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. 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. The PEG ratio is the P/E ratio divided by its growth rate. The analyzed items go beyond simple trend analysis. Learn more, See historical performance and comparison. Stronghold Digital Mining has 143.90% upside potential, based on the analysts average price target. The 1 Week Price Change displays the percentage price change over the last 5 trading days using the most recently completed close to the close from 5 days before. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Long Term Liabilities: SDIG's short term assets ($50.6M) exceed its long term liabilities ($34.0M). The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). A P/S ratio of 2 means you're paying $2 for every $1 of sales the company makes. How does SDIG's PS Ratio compare to its peers? Who are the major shareholders and have insiders been buying or selling? Stable Share Price: SDIG is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 23% a week. Market Realist is a registered trademark. 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. Like earnings, a higher growth rate is better than a lower growth rate. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). 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. Stable Cash Runway: SDIG has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.90% per year. In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). The company has mined only a tiny amount of Bitcoin so far, but that's expected to change. Please note all regulatory considerations regarding the presentation of fees must be taken into account. 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. It's calculated as earnings divided by price. This is also referred to as the cash yield. In addition to Stronghold Digital, there's Marathon Digital (MARA), Riot Blockchain (RIOT), Bit Digital (BTBT), and Bitfarms (BITF). Stronghold Digital Mining (SDIG) Quote Overview, Stronghold Digital Mining (SDIG) Style Scores. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. 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. Momentum Style - Learn more about the Momentum Style. This is a longer-term price change metric. While the one year change shows the current conditions, the longer look-back period shows how this metric has changed over time and helps put the current reading into proper perspective. While a P/B of less than 3 would mean it's trading at a discount to the market, different industries have different median P/B values.
A ratio of 1 means a company's assets are equal to its liabilities. RECORD BREAKER: $BITO assets up to $1.1b after today, making it the fastest ETF to get to $1b (2 days) breaking $GLDs 18yr old record (3 days), which is poetically apropos. But when compared to its growth rate, it does't have the earnings growth to justify its P/E. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. Stronghold priced its stock at $19 for the public offering, above the marketed range of $16$18. SDIG stock opened at $27. SDIG is forecast to become profitable over the next 3 years, which is considered above average market growth. What is SDIG's PS Ratio compared to its Fair PS Ratio? This is also commonly referred to as the Asset Utilization ratio. Debt Level: SDIG's net debt to equity ratio (39.2%) is considered satisfactory. Visit Performance Disclosure for information about the performance numbers displayed above. Unless specified all financial data is based on a yearly period but updated quarterly. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment. Net Margin is defined as net income divided by sales. than 90% of US stocks over the past 3 months. The Gross Law Firm issues the following notice to shareholders of Stronghold Digital Mining, Inc. Volume fell on the last day by -1 million shares and in total, 2 million shares were bought and sold for approximately $4.10 million. If you do not, click Cancel. Compensation vs Market: Greg's total compensation ($USD4.58M) is above average for companies of similar size in the US market ($USD773.41K). During the day the stock fluctuated 6.75% from a day low at $2.37 to a day high of $2.53. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Conventional wisdom also has it that if the yield on the stock market (S&P 500 for example) is lower that the yield on the 10 Yr., then stocks would be considered overvalued. (-27.7%), as it is currently unprofitable. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. All users should speak with their financial advisor before buying or selling any securities. The tested combination of price performance, and earnings momentum (both actual and estimate revisions), creates a powerful timeliness indicator to help you identify stocks on the move so you know when to get in and when to get out.
Today SDIG ranks Significantly Below Fair Value: Insufficient data to calculate SDIG's fair value for valuation analysis. Mr. Gregory A.
Stocks with the Highest Top Analyst Consensus in the Technology Sector, See the highest rated stocks in the Technology sector. Any other use, including for any commercial purposes, is strictly prohibited without our express prior written consent. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. It's used by investors as a measure of financial health. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. And margin rates can vary significantly across these different groups. After the P/E ratio, it's one of the most common valuation metrics. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Further fall is indicated until a new bottom pivot has been found. Growing Profit Margin: SDIG is currently unprofitable. The Price to Earnings ratio or P/E is price divided by earnings. Enter your email to receive our newsletter. Cash Flow per share ($/share) calculates the amount of incoming cash vs. the amount of outgoing cash for a company. So be sure to compare a stock to its industry's growth rate when sizing up stocks from different groups. During the last day, the stock moved $0.16 between high and low, or 6.75%. TipRanks is a comprehensive investing tool that allows private investors and day traders to see the measured performance of anyone who provides financial advice. 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. In short, this is how much a company is worth. Zacks' proprietary data indicates that Stronghold Digital Mining, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the SDIG shares relative to the market in the next few months. Projected EPS Growth looks at the estimated growth rate for one year. 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. A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States. 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. Stronghold Digital Mining, Inc.'s employee growth, exchange listings and data sources. We use cookies to understand how you use our site and to improve your experience. Marathon Digital and Riot Blockchain, Volume fell during the last trading day despite gaining prices. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Losses expected to increase from US$1.25 per share to US$1.38.
How has Stronghold Digital Mining performed over the past 5 years? SDIG is good value based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (1.9x). 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. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. 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 detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. This includes personalizing content and advertising. Reducing Debt: Insufficient data to determine if SDIG's debt to equity ratio has reduced over the past 5 years. Offers may be subject to change without notice. #7519 as hold candidate. It also operates coal refuse power generation facilities. , but has since raised additional capital. $2.38 Changes in these assumptions may have a material impact on the backtested returns presented. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. In addition, Stronghold Digital Mining, Inc. has a VGM Score of A (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). 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. Discover the power of social investing with eToro. 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. dynamically calculated RSI max/min levels. 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). Insufficient data to determine how SDIG performed against the. Debt to Capital (or D/C ratio) is the fraction of debt (including mortgages and long-term leases) to long-term capitalization. Visit www.zacksdata.com to get our data and content for your mobile app or website. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. Stronghold uses waste coal to generate electricity for its Bitcoin mining operations. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Some of the items you'll see in this category might look very familiar, while other items might be quite new to some. 7:22 PM ET. People may receive compensation for some links to products and services on this website. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. 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. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. This is a medium-term price change metric (like the 4 week price change). Cash Flow Coverage: Unable to calculate sustainability of dividends as SDIG has not reported any payouts. 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. Once again, cash flow is net income plus depreciation and other non-cash charges. The Current Ratio is defined as current assets divided by current liabilities. A higher number means the more debt a company has compared to its capital structure. The (Q1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current quarter (Q1) over the last 4 weeks. A sell signal was issued from a pivot top point on Wednesday, July 20, 2022, and so far it has fallen -21.81%. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. There is a sell signal from a pivot top found 7 days ago.). Insufficient data to determine if SDIG's debt to equity ratio has reduced over the past 5 years. Below Fair Value: Insufficient data to calculate SDIG's fair value for valuation analysis. 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. And like the P/E ratio, a lower number is typically considered 'better' than a higher number. For the last week, the stock has had a daily average volatility of 13.81%. Price-To-Sales vs Fair Ratio: SDIG is good value based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (1.9x). The median P/B ratio for stocks in the S&P is just over 3. The 52 week price change is a good reference point. The Price to Sales ratio or P/S is calculated as price divided by sales. $2.51 For the upcoming trading day on Monday 1st we expect Stronghold Digital Mining, Inc. to open at $2.47, and during day (based on 14 day Average True Range), The Momentum Score takes all of this and more into account. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. which gives a possible trading interval of +/-$0.38 (+/-15.05%) up or down from last closing price. Current Cash Flow Growth measures the percent change in the year over year Cash Flow. Share price rose 22% to US$1.91 over the past week. A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish. Stronghold Digital Mining (SDIG) has joined the list of publicly traded Bitcoin mining companies. The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. The 5 analysts covering Stronghold Digital Mining previously expected the company to break even in 2022. Stable Dividend: Insufficient data to determine if SDIG's dividends per share have been stable in the past. 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. There are 17 Sectors, 60 different M Industries, and 265 X Industries. (0.80%) than the support at $2.46 SDIG is forecast to become profitable over the next 3 years, which is considered faster growth than the. 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%). So be sure to compare it to its group when comparing stocks in different industries. For one, part of trading is being able to get in and out of a stock easily. ROE values, like other values, can vary significantly from one industry to another. The Momentum Scorecard table also displays the values for its respective Industry along with the values and Momentum Score of its three closest peers. This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Stronghold Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's October 2021 initial public offering.
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Cash Flow is net income plus depreciation and other non-cash charges. Interest in Bitcoin as an investment has soared since ProShares launched its Bitcoin BITO ETF. Earnings Trend: Insufficient data to determine if SDIG's year-on-year earnings growth rate was positive over the past 5 years. It made its public market debut on Oct. 20 to a rousing welcomethe stock rose nearly 70 percent on its first day of trading. 0.00 (0.00%) But note, different industries have different margin rates that are considered good. NASDAQ data is at least 15 minutes delayed. Delayed quotes by Sungard. ( 0.8 years average tenure), which suggests a new board. 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. Learn more about Zacks Equity Research reports. Note: there are many factors that can influence the longer-term number, not the least of which is the overall state of the economy (recession will reduce this number for example, while a recovery will inflate it), which can skew comparisons when looking out over shorter time frames. 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. Which metric is best to use when looking at relative valuation for SDIG? The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. The Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. Price-To-Sales vs Peers: SDIG is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (3.7x). Quality Earnings: SDIG is currently unprofitable. Dilution of Shares: SDIG only recently listed within the past 12 months. For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway. Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months. The Earnings Yield (also known as the E/P ratio) measures the anticipated yield (or return) an investment in a stock could give you based on the earnings and the price paid. Unable to evaluate SDIG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts. Investors like this metric as it shows how a company finances its operations, i.e., what percentage is financed thru shareholder equity or debt. NYSE and AMEX data is at least 20 minutes delayed. Future ROE: Insufficient data to determine if SDIG's Return on Equity is forecast to be high in 3 years time. If a company's net margin is 15%, for example, that means its net income (or profit) is 15 cents for every $1 of sales the company makes. The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. Ideally, an investor would like to see a positive EPS change percentage in all periods, i.e., 1 week, 4 weeks, and 12 weeks. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. to move between $2.13 and $2.89, The financial health and growth prospects of SDIG, demonstrate its potential to perform inline with the market. The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. The Projected Sales Growth (F1/F0) looks at the estimated growth rate for the current year. This is a medium-term price change metric. Its Value Score of C indicates it would be a neutral pick for value investors. This list of both classic and unconventional valuation items helps separate which stocks are overvalued, rightly lowly valued, and temporarily undervalued which are poised to move higher. A 'good' number would usually fall within the range of 1.5 to 3. If the volume is too light, in absolute terms or for a relatively large position, it could be difficult to execute a trade. This information is provided for illustrative purposes only. Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. Zacks Rank Education -- Learn more about the Zacks Rank
SDIG is expected to become profitable in the next 3 years. Furthermore, Stronghold CEO Gregory Beard has said that producing its own electricity puts the company in a great position to generate better profit margins than its competitors. If Stronghold Digital Mining, Inc. takes out the full calculated possible swing range there will be an estimated 30.09% move between the lowest and the highest trading price during the day. Above 1 means it assets are greater than its liabilities. Stronghold Digital Mining, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. Click to get the best stock tips daily for free!
Beard, also known as Greg, serves as Chief Executive Officer, President and Co-Chairman of the Board at Stronghold Digital Mining, Inc. since March 2021. The TipRanks Smart Score performance is based on backtested results. Terms of Use and Privacy Policy. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. The income number is listed on a company's Income Statement. That means these items are added back into the net income to produce this earnings number. How experienced are the management team and are they aligned to shareholders interests? 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. 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. Many other growth items are considered as well. A positive change in the cash flow is desired and shows that more 'cash' is coming in than 'cash' going out. A P/B of 2 means it's selling at 2 times its book value. The Daily Price Change displays the day's percentage price change using the most recently completed close. It also operates coal refuse power generation facilities. These returns cover a period from January 1, 1988 through June 6, 2022. SDIG is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (3.7x). What is SDIGs upside potential, based on the analysts average price target? Learn more here. It closed the day up 52 percent at $28.90. On a fall, the stock will find some support from the long-term average at approximately $2.04. This longer-term historical perspective lets the user see how a company has grown over time. Beard is a founding and managing Show more. Aside from using absolute numbers, however, you can also find value by comparing the P/E ratio to its relevant industry and its peers. Some negative signals were issued as well, and these may have some influence on the near short-term development. Average annual earnings growth of 62% is required to achieve expected profit on schedule. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Our recommended stop-loss: Enterprise Value (EV) is Market Capitalization + Debt - Cash. The respective items are ranked and graded into five groups: A, B, C, D and F. 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. How is Stronghold Digital Mining forecast to perform in the next 1 to 3 years based on estimates from 4 analysts? Other financial metrics that can be useful for relative valuation. have bought more shares than they have sold in the past 3 months. The launch of these funds could push the crypto to greater highs. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. The company was incorporated in 2021 and is headquartered in New York, New York. Read more. While our testing has found that a P/S ratio of <2 is the optimum range for returns, be sure to compare this ratio to its respective industry. ? This causes a divergence between volume and price and it may be an early warning. https://t.co/yGXyfwaogD. It rose as much as 68 percent to touch $31.90 high in the early hours of its debut. A value under 20 is generally considered good. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Core Scientific is also gearing up for an IPO, which will further broaden options for Bitcoin stock investors. So the PEG ratio tells you what you're paying for each unit of earnings growth.
- Small Milk Bottles With Lids
- Unique Vintage Velvet Dress
- Best Date Night Dresses
- Lego Storage Head Girl
- What Is Toilet Paper Used For
- Epson Et-2850 Sublimation Ink
- Custom Printed Car Shades
- Top Architecture Firms In Russia
- Fanttik E1 Pro Mini Precision Screwdriver
- Chief Projector Mount
- Dolce And Gabbana Orange Perfume
- Music Education Degree Nj
- Cowl Back Halter Dress
- Apache Atlas Bigquery
- Energy Efficiency In Green Buildings Pdf