In last trading session, MARA Holdings Inc (NASDAQ:MARA) saw 87.6 million shares changing hands with its beta currently measuring 5.60. Company’s recent per share price level of $26.92 trading at $1.95 or 7.81% at ring of the bell on the day assigns it a market valuation of $9.34B. That closing price of MARA’s stock is at a discount of -26.63% from its 52-week high price of $34.09 and is indicating a premium of 60.03% from its 52-week low price of $10.76. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 99.95 million shares which gives us an average trading volume of 49.91 million if we extend that period to 3-months.
For MARA Holdings Inc (MARA), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.08 in the current quarter.
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
Sponsored
MARA Holdings Inc (NASDAQ:MARA) trade information
Upright in the green during last session for gaining 7.81%, in the last five days MARA remained trading in the green while hitting it’s week-highest on Monday, 11/25/24 when the stock touched $26.92 price level, adding 6.82% to its value on the day. MARA Holdings Inc’s shares saw a change of 14.60% in year-to-date performance and have moved 18.96% in past 5-day. MARA Holdings Inc (NASDAQ:MARA) showed a performance of 42.13% in past 30-days. Number of shares sold short was 64.81 million shares which calculate 1.2 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 24.5 to the stock, which implies a fall of -9.88% to its current value. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 33. It follows that stock’s current price would jump 55.42% in reaching the projected high whereas dropping to the targeted low would mean a gain of 55.42% for stock’s current value.
MARA Holdings Inc (MARA) estimates and forecasts
Statistics highlight that MARA Holdings Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 34.33% of value to its shares in past 6 months, showing an annual growth rate of -217.65% while that of industry is 18.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 58.21% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 174.99M for the same. And 6 analysts are in estimates of company making revenue of 214.84M in the next quarter. Company posted 156.77M and 165.2M of sales in current and next quarters respectively a year earlier.
In 2024, company’s earnings growth rate is likely to be around -102.06% while estimates for its earnings growth in next 5 years are of 50.00%.
MARA Holdings Inc (NASDAQ:MARA)’s Major holders
Insiders are in possession of 1.66% of company’s total shares while institution are holding 52.42 percent of that, with stock having share float percentage of 53.31%. Investors also watch the number of corporate investors in a company very closely, which is 52.42% institutions for MARA Holdings Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at MARA for having 43.02 million shares of worth $853.87 million. And as of 2024-06-30, it was holding 16.6022 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 32.29 million shares on 2024-06-30. The number of shares represents firm’s hold over 12.463 of outstanding shares, having a total worth of $640.99 million.
On the other hand, iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Aug 31, 2024 , the former fund manager was holding 18.31 shares of worth $492.96 million or 5.69% of the total outstanding shares. The later fund manager was in possession of 8.21 shares on Jun 30, 2024 , making its stake of worth around $220.99 million in the company or a holder of 2.55% of company’s stock.
