Is BTCS Stock a Good Investment?
BTCS Investment Advice | BTCS |
- Examine BTCS's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research BTCS's leadership team and their track record. Good management can help BTCS navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Asset Management & Custody Banks space and any emerging trends that could impact BTCS's business and its evolving consumer preferences.
- Compare BTCS's performance and market position to its competitors. Analyze how BTCS is positioned in terms of product offerings, innovation, and market share.
- Check if BTCS pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about BTCS's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in BTCS Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if BTCS Inc is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine BTCS Stock
Researching BTCS's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 44.0% of the company shares are held by company insiders. The book value of BTCS was currently reported as 1.54. The company last dividend was issued on the 16th of March 2022. BTCS Inc had 1:30 split on the 10th of April 2019.
To determine if BTCS is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding BTCS's research are outlined below:
| BTCS Inc is way too risky over 90 days horizon | |
| BTCS Inc appears to be risky and price may revert if volatility continues | |
| BTCS Inc currently holds about 3.19 M in cash with (3.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25. | |
| BTCS Inc has a poor financial position based on the latest SEC disclosures | |
| Roughly 44.0% of the company shares are held by company insiders | |
| Latest headline from seekingalpha.com: BTCS GAAP EPS of -0.56, revenue of 0.74M |
BTCS Quarterly Liabilities And Stockholders Equity |
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BTCS uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in BTCS Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to BTCS's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact BTCS's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises BTCS's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-11 | 2023-06-30 | -0.06 | -0.07 | -0.01 | 16 | ||
2023-11-09 | 2023-09-30 | -0.08 | -0.04 | 0.04 | 50 | ||
2023-05-12 | 2023-03-31 | -0.06 | -0.1 | -0.04 | 66 | ||
2022-11-10 | 2022-09-30 | -0.03 | -0.08 | -0.05 | 166 | ||
2023-03-28 | 2022-12-31 | -0.04 | -0.11 | -0.07 | 175 | ||
2024-08-12 | 2024-06-30 | -0.04 | -0.43 | -0.39 | 975 | ||
2022-05-13 | 2022-03-31 | -0.03 | -0.47 | -0.44 | 1466 | ||
2024-11-07 | 2024-09-30 | -0.06 | -0.56 | -0.5 | 833 |
Know BTCS's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as BTCS is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading BTCS Inc backward and forwards among themselves. BTCS's institutional investor refers to the entity that pools money to purchase BTCS's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Tower Research Capital Llc | 2024-06-30 | 5.4 K | Asset Dedication, Llc | 2024-09-30 | 2.2 K | Hoey Investments, Inc. | 2024-09-30 | 209 | Bank Of America Corp | 2024-06-30 | 132 | Main Street Group Ltd | 2024-06-30 | 100.0 | Ronald Blue Trust, Inc. | 2024-09-30 | 79.0 | Royal Bank Of Canada | 2024-06-30 | 44.0 | Jpmorgan Chase & Co | 2024-06-30 | 21.0 | Vitalstone Financial Llc | 2024-09-30 | 7.0 | Vanguard Group Inc | 2024-09-30 | 368 K | Geode Capital Management, Llc | 2024-09-30 | 88.6 K |
BTCS's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 61.59 M.Market Cap |
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BTCS's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.29 | 0.30 | |
| Return On Capital Employed | (0.14) | (0.15) | |
| Return On Assets | 0.29 | 0.30 | |
| Return On Equity | 0.30 | 0.31 |
Determining BTCS's profitability involves analyzing its financial statements and using various financial metrics to determine if BTCS is a good buy. For example, gross profit margin measures BTCS's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of BTCS's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in BTCS's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of BTCS Inc. Check BTCS's Beneish M Score to see the likelihood of BTCS's management manipulating its earnings.
Evaluate BTCS's management efficiency
BTCS Inc has return on total asset (ROA) of (0.1048) % which means that it has lost $0.1048 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4582 %, meaning that it created $0.4582 on every $100 dollars invested by stockholders. BTCS's management efficiency ratios could be used to measure how well BTCS manages its routine affairs as well as how well it operates its assets and liabilities. At this time, BTCS's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.30 in 2024, whereas Return On Capital Employed is likely to drop (0.15) in 2024. At this time, BTCS's Return On Assets are comparatively stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.86 | 1.95 | |
| Tangible Book Value Per Share | 1.86 | 1.95 | |
| Enterprise Value Over EBITDA | (5.80) | (5.51) | |
| Price Book Value Ratio | 0.88 | 0.83 | |
| Enterprise Value Multiple | (5.80) | (5.51) | |
| Price Fair Value | 0.88 | 0.83 | |
| Enterprise Value | 21.5 M | 22.6 M |
BTCS showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Beta 1.575 |
Basic technical analysis of BTCS Stock
As of the 25th of November, BTCS owns the market risk adjusted performance of 0.9236, and Coefficient Of Variation of 544.93. BTCS Inc technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm BTCS Inc coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if BTCS Inc is priced more or less accurately, providing market reflects its prevailing price of 3.55 per share. Given that BTCS Inc has jensen alpha of 1.81, we suggest you to validate BTCS's latest market performance to make sure the company can sustain itself in the future.BTCS's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific BTCS insiders, such as employees or executives, is commonly permitted as long as it does not rely on BTCS's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases BTCS insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
BTCS's Outstanding Corporate Bonds
BTCS issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. BTCS Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most BTCS bonds can be classified according to their maturity, which is the date when BTCS Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| BPCEGP 2045 19 OCT 27 Corp BondUS05584KAK43 | View | |
| BPCEGP 5748 19 JUL 33 Corp BondUS05584KAM09 | View | |
| BPCEGP 5975 18 JAN 27 Corp BondUS05584KAN81 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| BNP 4625 13 MAR 27 Corp BondUS05581LAC37 | View | |
| BNP 4375 28 SEP 25 Corp BondUS05581LAA70 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| BNP 4625 13 MAR 27 Corp BondUS05581KAC53 | View |
Understand BTCS's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing BTCS's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1501 | |||
| Market Risk Adjusted Performance | 0.9236 | |||
| Mean Deviation | 6.5 | |||
| Semi Deviation | 5.01 | |||
| Downside Deviation | 6.59 | |||
| Coefficient Of Variation | 544.93 | |||
| Standard Deviation | 11.42 | |||
| Variance | 130.36 | |||
| Information Ratio | 0.1721 | |||
| Jensen Alpha | 1.81 | |||
| Total Risk Alpha | 0.2871 | |||
| Sortino Ratio | 0.2982 | |||
| Treynor Ratio | 0.9136 | |||
| Maximum Drawdown | 78.25 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 23.62 | |||
| Downside Variance | 43.39 | |||
| Semi Variance | 25.08 | |||
| Expected Short fall | (9.50) | |||
| Skewness | 2.44 | |||
| Kurtosis | 8.88 |
| Risk Adjusted Performance | 0.1501 | |||
| Market Risk Adjusted Performance | 0.9236 | |||
| Mean Deviation | 6.5 | |||
| Semi Deviation | 5.01 | |||
| Downside Deviation | 6.59 | |||
| Coefficient Of Variation | 544.93 | |||
| Standard Deviation | 11.42 | |||
| Variance | 130.36 | |||
| Information Ratio | 0.1721 | |||
| Jensen Alpha | 1.81 | |||
| Total Risk Alpha | 0.2871 | |||
| Sortino Ratio | 0.2982 | |||
| Treynor Ratio | 0.9136 | |||
| Maximum Drawdown | 78.25 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 23.62 | |||
| Downside Variance | 43.39 | |||
| Semi Variance | 25.08 | |||
| Expected Short fall | (9.50) | |||
| Skewness | 2.44 | |||
| Kurtosis | 8.88 |
Consider BTCS's intraday indicators
BTCS intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of BTCS stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
BTCS Corporate Filings
| 14th of November 2024 Other Reports | ViewVerify | |
10Q | 13th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 2nd of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 25th of September 2024 Other Reports | ViewVerify |
BTCS Stock media impact
Far too much social signal, news, headlines, and media speculation about BTCS that are available to investors today. That information is available publicly through BTCS media outlets and privately through word of mouth or via BTCS internal channels. However, regardless of the origin, that massive amount of BTCS data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of BTCS news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of BTCS relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to BTCS's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive BTCS alpha.
BTCS Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards BTCS can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Additional Tools for BTCS Stock Analysis
When running BTCS's price analysis, check to measure BTCS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BTCS is operating at the current time. Most of BTCS's value examination focuses on studying past and present price action to predict the probability of BTCS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTCS's price. Additionally, you may evaluate how the addition of BTCS to your portfolios can decrease your overall portfolio volatility.