MARA Holdings Inc (MARA): Street Finally Waking Up

Currently, there are 321.83M common shares owned by the public and among those 314.26M shares have been available to trade.

The company’s stock has a 5-day price change of -14.00% and 43.23% over the past three months. MARA shares are trading -3.24% year to date (YTD), with the 12-month market performance up to 35.62% higher. It has a 12-month low price of $13.16 and touched a high of $34.09 over the same period. MARA has an average intraday trading volume of 57.71 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -5.45%, 10.67%, and 17.78% respectively.

Institutional ownership of MARA Holdings Inc (NASDAQ: MARA) shares accounts for 51.69% of the company’s 321.83M shares outstanding.

It has a market capitalization of $7.36B and a beta (3y monthly) value of 5.71. The stock’s trailing 12-month PE ratio is 21.05, while the earnings-per-share (ttm) stands at $1.08. The company has a PEG of 0.42 and a Quick Ratio of 4.00 with the debt-to-equity ratio at 0.22. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.74% over the week and 11.07% over the month.

Earnings per share for the fiscal year are expected to decrease by -103.88%, and -38.73% over the next financial year.

Looking at the support for the MARA, a number of firms have released research notes about the stock. JP Morgan stated their Neutral rating for the stock in a research note on December 10, 2024, with the firm’s price target at $12-$23. Barclays coverage for the MARA Holdings Inc (MARA) stock in a research note released on November 25, 2024 offered a Equal Weight rating with a price target of $27. Compass Point was of a view on November 21, 2024 that the stock is Neutral, while Cantor Fitzgerald gave the stock Overweight rating on October 10, 2024, issuing a price target of $21. Macquarie on their part issued Outperform rating on September 25, 2024.

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