Bitcoin Depot Inc (NASDAQ: BTM) Has Decreased By -24.73 Percent This Year. Is It A Better Buy Than Others?

Bitcoin Depot Inc (NASDAQ:BTM)’s traded shares stood at 0.72 million during the latest session, with the company’s beta value hitting -0.08. At the last check today, the stock’s price was $1.89, to imply an increase of 4.38% or $0.08 in intraday trading. The BTM share’s 52-week high remains $3.70, putting it -95.77% down since that peak but still an impressive 29.63% since price per share fell to its 52-week low of $1.33. The company has a valuation of $114.10M, with an average of 0.72 million shares in intraday trading volume over the past 10 days and average of 1.01 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Bitcoin Depot Inc (BTM), translating to a mean rating of 1.50. Of 1 analyst(s) looking at the stock, 0 analyst(s) give BTM a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.01.

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Bitcoin Depot Inc (NASDAQ:BTM) trade information

After registering a 4.38% upside in the latest session, Bitcoin Depot Inc (BTM) has traded red over the past five days. The 5-day price performance for the stock is -4.58%, and 25.12% over 30 days. With these gigs, the year-to-date price performance is -41.51%. Short interest in Bitcoin Depot Inc (NASDAQ:BTM) saw shorts transact 0.29 million shares and set a 3.33 days time to cover.

The extremes give us $3.5 and $3.5 for target low and target high price respectively. As such, BTM has been trading -85.19% off suggested target high and -85.19% from its likely low.

Bitcoin Depot Inc (BTM) estimates and forecasts

Looking at statistics comparing Bitcoin Depot Inc share performance against respective industry, we note that the company has outperformed competitors. Bitcoin Depot Inc (BTM) shares are -3.11% down over the last 6 months, with its year-to-date growth rate higher than industry average at 92.99% against 7.70%. The rating firms project that company’s revenue will shrink -17.63% compared to the previous financial year.

Revenue forecast for the current quarter as set by 4 analysts is 129.75M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 135.66M.Earnings reports from the last fiscal year show that sales brought in 148.41M and 138.54M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -12.57% before dropping -2.08% in the following quarter.

BTM Dividends

Bitcoin Depot Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.