BTBT:NSD-Bit Digital Inc (USD)

COMMON STOCK | Capital Markets | NSD

Last Closing Price

USD 1.89

Change

+0.14 (+8.00)%

Market Cap

USD 0.14B

Volume

2.75M

Avg Analyst Target

USD 4.00 (+111.64%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


BTBT Stock Forecast & Price:
Based on the Bit Digital Inc stock forecasts from 1 analysts, the average analyst target price for Bit Digital Inc is USD 4.00 over the next 12 months. Bit Digital Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Bit Digital Inc is Slightly Bearish, which is based on 4 positive signals and 6 negative signals. At the last closing, Bit Digital Inc’s stock price was USD 1.89. Bit Digital Inc’s stock price has changed by +21.94% over the past week, +23.53% over the past month and -87.22% over the last year.

About Bit Digital Inc (BTBT:NSD)

Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, In ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-08-12 )

Largest Industry Peers for Capital Markets

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
IBKR Interactive Brokers Group Inc

+1.65 (+2.60%)

USD26.48B 22.40 9.38
LPLA LPL Financial Holdings Inc

+3.86 (+1.73%)

USD18.04B 36.53 N/A
TW Tradeweb Markets Inc

+0.81 (+1.12%)

USD16.87B 60.42 23.44
ETFC E*TRADE Financial, LLC

N/A

USD10.89B 14.24 N/A
MKTX MarketAxess Holdings Inc

+4.87 (+1.83%)

USD10.01B 41.63 25.26
FUTU Futu Holdings Ltd

+0.14 (+0.34%)

USD5.84B 22.46 N/A
VIRT Virtu Financial Inc

+0.65 (+2.62%)

USD4.27B 7.58 6.51
FRHC Freedom Holding Corp

+0.43 (+0.75%)

USD3.42B 14.99 7.08
MARA Marathon Digital Holdings Inc

+1.05 (+6.11%)

USD1.85B 64.87 -21.69
BGCP BGC Partners Inc

+0.16 (+3.92%)

USD1.52B 14.57 6.90

ETFs Containing BTBT

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Capital Markets)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -68.91% 18% F 12% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -68.91% 18% F 12% F
Trailing 12 Months  
Capital Gain -86.07% 11% F 7% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -86.07% 11% F 7% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -23.90% 15% F 8% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -23.90% 15% F 8% F
Risk Return Profile  
Volatility (Standard Deviation) 36.10% 64% D 43% F
Risk Adjusted Return -66.21% 15% F 10% F
Market Capitalization 0.14B 23% F 33% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Capital Markets)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 24.14 48% F 37% F
Price/Book Ratio 0.84 96% A 83% B
Price / Cash Flow Ratio -5.99 53% F 72% C-
EV/EBITDA -32.68 91% A- 92% A-
Management Effectiveness  
Return on Equity -34.71% 17% F 30% F
Return on Invested Capital 8.79% 55% F 71% C-
Return on Assets -8.23% 21% F 33% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
Short Ratio 3.74 48% F 46% F
Short Percent 8.37% 19% F 21% F
Beta 4.70 15% F 1% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.