(-5.26%) Software industry in the US expected to see average net income growth of 7.4% next year. SDIG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21%). No cash balance or cash flow is included in the calculation. Are Options Traders Betting on a Big Move in Stronghold Digital (SDIG) Stock. Like earnings, a higher growth rate is better than a lower growth rate. Also, by looking at the rate of this item, rather than the actual dollar value, it makes for easier comparisons across the industry and peers. Enterprise Value (EV) is Market Capitalization + Debt - Cash. dynamically calculated RSI max/min levels.

If you do not, click Cancel. The Growth Scorecard table also displays the values for its respective Industry along with the values and Growth Score of its three closest peers. Visit Performance Disclosure for information about the performance numbers displayed above. This item is updated at 9 pm EST each day. So it's a good idea to compare a stock's debt to equity ratio to its industry to see how it stacks up to its peers first. 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. 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. Like the P/E ratio, a lower number is considered better. This includes measuring aspects of the Income Statement, Statement of Cash Flows, the Balance Sheet, and more. The company was incorporated in 2021 and is headquartered in New York, New York. Read more.

Mr. Gregory A. 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. 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. Cash Flow is net income plus depreciation and other non-cash charges. Experienced Board: SDIG's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board. Learn more here. A positive change in the cash flow is desired and shows that more 'cash' is coming in than 'cash' going out. ROE values, like other values, can vary significantly from one industry to another. Stronghold Digital Mining, Inc. finds support from accumulated volume at $2.46 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. Stable Cash Runway: SDIG has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. to determine if its dividend payments are covered by earnings. Its Value Score of C indicates it would be a neutral pick for value investors. What is SDIGs average 12-month price target, according to analysts? So be sure to compare it to its group when comparing stocks in different industries. 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. Earnings vs Market: SDIG is forecast to become profitable over the next 3 years, which is considered above average market growth. Learn more, See historical performance and comparison. Return on Equity (or ROE) is calculated as income divided by average shareholder equity (past 12 months, including reinvested earnings). How experienced are the management team and are they aligned to shareholders interests? Stocks with the Highest Top Analyst Consensus in the Technology Sector, See the highest rated stocks in the Technology sector. SDIG is expected to become profitable in the next 3 years. The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. In addition to Stronghold Digital, there's Marathon Digital (MARA), Riot Blockchain (RIOT), Bit Digital (BTBT), and Bitfarms (BITF). This information is provided for illustrative purposes only. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. Earnings estimate revisions are the most important factor influencing stocks prices. The median P/B ratio for stocks in the S&P is just over 3. There is a sell signal from a pivot top found 7 days ago.). High Growth Earnings: SDIG is expected to become profitable in the next 3 years. liable for your own investment decisions and agree to the Please note all regulatory considerations regarding the presentation of fees must be taken into account. Forecast Cash Runway: SDIG has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 127.3% each year. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. Systematic retrieval of data or other content from StockInvest.us, whether to create or compile, post to other websites, directly or indirectly, as text, video or audio, a collection, compilation, database or directory, is prohibited absent our express prior written consent. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). The 20 Day Average Volume is the average daily trading volume over the last 20 trading days. featured in The Global Fintech Index 2020 as the top Fintech company of the country. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Further fall is indicated until a new bottom pivot has been found. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. SDIG is good value based on its Price-To-Sales Ratio (0.9x) compared to the US Software industry average (5.1x).

TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months. Value investors will typically look for stocks with P/E ratios under 20, while growth investors and momentum investors are often willing to pay much more. 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. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. The scores are based on the trading styles of Value, Growth, and Momentum. The (F1) EPS Estimate Quarterly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 12 weeks. , but has since raised additional capital. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Zacks Style Scores Education - Learn more about the Zacks Style Scores. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. With 12 weeks representing a meaningful part of a year, this time period will show whether a stock has been enjoying strong investor demand, or if it's in consolidation, or distress. The monthly returns are then compounded to arrive at the annual return. Is SDIG undervalued compared to its fair value, analyst forecasts and its price relative to the market? Actual performance may differ significantly from backtested performance. High ROE: SDIG has a negative Return on Equity (-27.7%), as it is currently unprofitable. This is also referred to as the cash yield. Learn more about Zacks Equity Research reports. There are 17 Sectors, 60 different M Industries, and 265 X Industries. Terms of Use and Privacy Policy. Since the stock is closer to the resistance from accumulated volume at $2.53 We use cookies to understand how you use our site and to improve your experience. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. See rankings and related performance below. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. 2022 revenue forecast decreased from US$138.7m to US$132.1m. For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. During the last day, the stock moved $0.16 between high and low, or 6.75%. The 1 week price change reflects the collective buying and selling sentiment over the short-term. $2.38 By using the site you agree and are held It currently has a Growth Score of A. Below Fair Value: Insufficient data to calculate SDIG's fair value for valuation analysis. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

Its $28.90 closing price was 10 percent below its debut peak. Return vs Industry: Insufficient data to determine how SDIG performed against the US Software industry. One of them is institutional investors growing interest in the flagship crypto. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. The (F1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 4 weeks. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. The stock should be watched closely. 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. A P/S ratio of 2 means you're paying $2 for every $1 of sales the company makes. High Dividend: Unable to evaluate SDIG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts. The Daily Price Change displays the day's percentage price change using the most recently completed close. SDIG is forecast to become profitable over the next 3 years, which is considered faster growth than the.