Digihost Technology Stock Shares Outstanding
DGHI Stock | USD 1.91 0.15 7.28% |
Digihost Technology fundamentals help investors to digest information that contributes to Digihost Technology's financial success or failures. It also enables traders to predict the movement of Digihost Stock. The fundamental analysis module provides a way to measure Digihost Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Digihost Technology stock.
The current Common Stock Shares Outstanding is estimated to decrease to about 22.3 M. Digihost | Shares Outstanding |
Digihost Technology Company Shares Outstanding Analysis
Digihost Technology's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Digihost Technology Shares Outstanding | 33.01 M |
Most of Digihost Technology's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Digihost Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Digihost Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Digihost Technology is extremely important. It helps to project a fair market value of Digihost Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Digihost Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Digihost Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Digihost Technology's interrelated accounts and indicators.
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Digihost Shares Outstanding Historical Pattern
Today, most investors in Digihost Technology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Digihost Technology's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Digihost Technology shares outstanding as a starting point in their analysis.
Digihost Technology Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Digihost Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Digihost Technology has 33.01 M of shares currently outstending. This is 82.62% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The shares outstanding for all United States stocks is 94.23% higher than that of the company.
Digihost Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Digihost Technology's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Digihost Technology could also be used in its relative valuation, which is a method of valuing Digihost Technology by comparing valuation metrics of similar companies.Digihost Technology is currently under evaluation in shares outstanding category among its peers.
Digihost Technology Current Valuation Drivers
We derive many important indicators used in calculating different scores of Digihost Technology from analyzing Digihost Technology's financial statements. These drivers represent accounts that assess Digihost Technology's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Digihost Technology's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 30.5M | 26.7M | 100.8M | 9.8M | 65.1M | 61.8M | |
Enterprise Value | 30.3M | 31.8M | 99.9M | 9.4M | 66.2M | 62.9M |
Digihost Fundamentals
Return On Equity | -0.29 | ||||
Return On Asset | -0.2 | ||||
Profit Margin | (0.25) % | ||||
Operating Margin | (0.51) % | ||||
Current Valuation | 63.42 M | ||||
Shares Outstanding | 33.01 M | ||||
Shares Owned By Insiders | 29.65 % | ||||
Shares Owned By Institutions | 9.78 % | ||||
Number Of Shares Shorted | 230.56 K | ||||
Price To Earning | 2.77 X | ||||
Price To Book | 2.33 X | ||||
Price To Sales | 1.66 X | ||||
Revenue | 24.19 M | ||||
Gross Profit | 14.41 M | ||||
EBITDA | 13.28 M | ||||
Net Income | 4.33 M | ||||
Cash And Equivalents | 4.86 M | ||||
Cash Per Share | 0.17 X | ||||
Total Debt | 1.42 M | ||||
Debt To Equity | 0.03 % | ||||
Current Ratio | 3.82 X | ||||
Book Value Per Share | 0.94 X | ||||
Cash Flow From Operations | (3.41 M) | ||||
Short Ratio | 1.47 X | ||||
Earnings Per Share | (0.33) X | ||||
Target Price | 2.5 | ||||
Number Of Employees | 15 | ||||
Beta | 7.21 | ||||
Market Capitalization | 66.68 M | ||||
Total Asset | 52.6 M | ||||
Retained Earnings | (4.61 M) | ||||
Working Capital | (3.06 M) | ||||
Net Asset | 52.6 M |
About Digihost Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Digihost Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Digihost Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Digihost Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Digihost Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digihost Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Digihost Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digihost Technology Stock:Check out Digihost Technology Piotroski F Score and Digihost Technology Altman Z Score analysis. For more detail on how to invest in Digihost Stock please use our How to Invest in Digihost Technology guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Digihost Technology. If investors know Digihost will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Digihost Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.71) | Earnings Share (0.33) | Revenue Per Share 1.322 | Quarterly Revenue Growth 0.572 | Return On Assets (0.20) |
The market value of Digihost Technology is measured differently than its book value, which is the value of Digihost that is recorded on the company's balance sheet. Investors also form their own opinion of Digihost Technology's value that differs from its market value or its book value, called intrinsic value, which is Digihost Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Digihost Technology's market value can be influenced by many factors that don't directly affect Digihost Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Digihost Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digihost Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digihost Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.