BTBT:NSD-Bit Digital Inc (USD)

COMMON STOCK | Capital Markets | NSD

Last Closing Price

USD 4.68

Change

0.00 (0.00)%

Market Cap

USD 0.33B

Volume

2.56M

Avg Analyst Target

USD 14.00 (+199.15%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Bit Digital Inc (BTBT) Stock Analysis:
Based on the Bit Digital Inc stock forecasts from 1 analysts, the average analyst target price for Bit Digital Inc is USD 14.00 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 3 positive signals and 6 negative signals. At the last closing, Bit Digital Inc’s stock price was USD 4.68. Bit Digital Inc’s stock price has changed by -1.15% over the past week, -2.55% over the past month and -73.21% over the last year.

About

Bit Digital, Inc. engages in the bitcoin mining business. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was incorporated in 2017 and is headquartered in New York, New York. Address: 33 Irving P ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2022-01-23 )

Largest Industry Peers for Capital Markets

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
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LPLA LPL Financial Holdings Inc

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ETFC E*TRADE Financial, LLC

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FUTU Futu Holdings Limited

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USD7.11B 19.71 N/A
FRHC Freedom Holding Corp

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USD3.61B 10.17 5.64
VIRT Virtu Financial Inc

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USD3.23B 7.35 5.25
MARA Marathon Digital Holdings Inc

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USD2.26B 64.87 35.77

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 -23.03% 28% F 18% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -23.03% 28% F 18% F
Trailing 12 Months  
Capital Gain -73.21% 14% F 11% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -73.21% 14% F 11% 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 -2.30% 19% F 19% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -2.30% 19% F 18% F
Risk Return Profile  
Volatility (Standard Deviation) 12.61% 100% A+ 85% B
Risk Adjusted Return -18.22% 14% F 17% F
Market Capitalization 0.33B 30% F 47% 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 13.64 60% D- 58% F
Price/Book Ratio 3.68 41% F 34% F
Price / Cash Flow Ratio -95.28 91% A- 92% A-
EV/EBITDA 9.52 59% F 62% D-
Management Effectiveness  
Return on Equity 26.92% 64% D 91% A-
Return on Invested Capital 5.36% 46% F 66% D
Return on Assets 21.62% 95% A 99% A+
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 4.32 13% F 26% F
Short Percent 17.67% 13% F 9% F
Beta 5.03 9% 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:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive free cash flow

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

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 book value

The stock is trading high compared to its peers median on a price to book value basis.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Negative cashflow

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