Is Digihost Technology Stock a Good Investment?
Digihost Technology Investment Advice | DGHI |
- Examine Digihost Technology'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 Digihost Technology's leadership team and their track record. Good management can help Digihost Technology navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Digihost Technology's business and its evolving consumer preferences.
- Compare Digihost Technology's performance and market position to its competitors. Analyze how Digihost Technology is positioned in terms of product offerings, innovation, and market share.
- Check if Digihost Technology pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Digihost Technology'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 Digihost Technology 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 Digihost Technology is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Extremely Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Digihost Technology Stock
Researching Digihost Technology'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 30.0% of the company shares are held by company insiders. The book value of Digihost Technology was currently reported as 0.94. The company recorded a loss per share of 0.33. Digihost Technology last dividend was issued on the 20th of February 2020. The entity had 1:3 split on the 28th of October 2021.
To determine if Digihost Technology 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 Digihost Technology's research are outlined below:
| Digihost Technology is way too risky over 90 days horizon | |
| Digihost Technology may become a speculative penny stock | |
| Digihost Technology appears to be risky and price may revert if volatility continues | |
| Digihost Technology currently holds about 4.86 M in cash with (3.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17. | |
| Roughly 30.0% of the company shares are held by company insiders | |
| Latest headline from seekingalpha.com: Digihost files to sell 7.27M subordinate voting shares for holders |
Digihost Technology Quarterly Cost Of Revenue |
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Digihost Technology 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 Digihost Technology. 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 Digihost Technology'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 Digihost Technology'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 Digihost Technology's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2018-07-27 | 2018-06-30 | -0.01 | -0.02 | -0.01 | 100 | ||
2024-08-15 | 2024-06-30 | -0.22 | -0.16 | 0.06 | 27 | ||
2024-11-12 | 2024-09-30 | -0.13 | -0.2056 | -0.0756 | 58 | ||
2022-05-17 | 2022-03-31 | 0.16 | 0.0023 | -0.1577 | 98 | ||
2024-05-14 | 2024-03-31 | -0.04 | -0.34 | -0.3 | 750 | ||
2024-03-29 | 2023-12-31 | -0.04 | -0.34 | -0.3 | 750 | ||
2022-11-14 | 2022-09-30 | 0.1687 | -0.14 | -0.3087 | 182 |
Know Digihost Technology's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Digihost Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Digihost Technology backward and forwards among themselves. Digihost Technology's institutional investor refers to the entity that pools money to purchase Digihost Technology'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 | Royal Bank Of Canada | 2024-06-30 | 118 | Pnc Financial Services Group Inc | 2024-09-30 | 95.0 | Coppell Advisory Solutions Llc | 2024-06-30 | 83.0 | Corecap Advisors, Llc | 2024-06-30 | 28.0 | Federation Des Caisses Desjardins Du Quebec | 2024-06-30 | 16.0 | Tradewinds Capital Management, Llc | 2024-06-30 | 0.0 | Citigroup Inc | 2024-06-30 | 0.0 | Citadel Advisors Llc | 2024-06-30 | 0.0 | Advisor Group Holdings, Inc. | 2024-06-30 | 0.0 | Vident Advisory, Llc | 2024-06-30 | 797.9 K | Jane Street Group Llc | 2024-06-30 | 41.8 K |
Digihost Technology's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 66.68 M.Market Cap |
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Digihost Technology's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.54) | (0.56) | |
| Return On Capital Employed | (0.47) | (0.50) | |
| Return On Assets | (0.52) | (0.55) | |
| Return On Equity | (0.75) | (0.79) |
Determining Digihost Technology's profitability involves analyzing its financial statements and using various financial metrics to determine if Digihost Technology is a good buy. For example, gross profit margin measures Digihost Technology'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 Digihost Technology's profitability and make more informed investment decisions.
Evaluate Digihost Technology's management efficiency
Digihost Technology has return on total asset (ROA) of (0.1993) % which means that it has lost $0.1993 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.287) %, meaning that it created substantial loss on money invested by shareholders. Digihost Technology's management efficiency ratios could be used to measure how well Digihost Technology manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.56. The current Return On Capital Employed is estimated to decrease to -0.5. As of now, Digihost Technology's Non Currrent Assets Other are decreasing as compared to previous years. The Digihost Technology's current Other Assets is estimated to increase to about 966 K, while Total Assets are projected to decrease to under 45.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.02 | 0.92 | |
| Tangible Book Value Per Share | 0.98 | 0.86 | |
| Enterprise Value Over EBITDA | (9.56) | (10.04) | |
| Price Book Value Ratio | 2.24 | 2.35 | |
| Enterprise Value Multiple | (9.56) | (10.04) | |
| Price Fair Value | 2.24 | 2.35 | |
| Enterprise Value | 66.2 M | 62.9 M |
Examining the leadership quality of Digihost Technology offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Beta 7.208 |
Basic technical analysis of Digihost Stock
As of the 22nd of November, Digihost Technology shows the Downside Deviation of 4.65, coefficient of variation of 792.48, and Mean Deviation of 5.1. Digihost Technology technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Digihost Technology's Outstanding Corporate Bonds
Digihost Technology 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. Digihost Technology 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 Digihost bonds can be classified according to their maturity, which is the date when Digihost Technology 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.
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Understand Digihost Technology's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Digihost Technology'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 | 0.1051 | |||
| Market Risk Adjusted Performance | 0.2697 | |||
| Mean Deviation | 5.1 | |||
| Semi Deviation | 4.25 | |||
| Downside Deviation | 4.65 | |||
| Coefficient Of Variation | 792.48 | |||
| Standard Deviation | 6.45 | |||
| Variance | 41.54 | |||
| Information Ratio | 0.1092 | |||
| Jensen Alpha | 0.4956 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1515 | |||
| Treynor Ratio | 0.2597 | |||
| Maximum Drawdown | 26.56 | |||
| Value At Risk | (7.02) | |||
| Potential Upside | 13.77 | |||
| Downside Variance | 21.58 | |||
| Semi Variance | 18.09 | |||
| Expected Short fall | (6.81) | |||
| Skewness | 0.8121 | |||
| Kurtosis | 0.1973 |
| Risk Adjusted Performance | 0.1051 | |||
| Market Risk Adjusted Performance | 0.2697 | |||
| Mean Deviation | 5.1 | |||
| Semi Deviation | 4.25 | |||
| Downside Deviation | 4.65 | |||
| Coefficient Of Variation | 792.48 | |||
| Standard Deviation | 6.45 | |||
| Variance | 41.54 | |||
| Information Ratio | 0.1092 | |||
| Jensen Alpha | 0.4956 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1515 | |||
| Treynor Ratio | 0.2597 | |||
| Maximum Drawdown | 26.56 | |||
| Value At Risk | (7.02) | |||
| Potential Upside | 13.77 | |||
| Downside Variance | 21.58 | |||
| Semi Variance | 18.09 | |||
| Expected Short fall | (6.81) | |||
| Skewness | 0.8121 | |||
| Kurtosis | 0.1973 |
Consider Digihost Technology's intraday indicators
Digihost Technology 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 Digihost Technology 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.
Digihost Technology time-series forecasting models is one of many Digihost Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Digihost Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Digihost Stock media impact
Far too much social signal, news, headlines, and media speculation about Digihost Technology that are available to investors today. That information is available publicly through Digihost media outlets and privately through word of mouth or via Digihost internal channels. However, regardless of the origin, that massive amount of Digihost 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 Digihost Technology 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 Digihost Technology 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 Digihost Technology's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Digihost Technology alpha.
Digihost Technology Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Digihost Technology 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.
Digihost Technology Corporate Management
| Daniel Rotunno | Vice Operations | Profile | |
| Donald Christie | COO Director | Profile | |
| Michel Amar | Chairman CEO | Profile | |
| Luke Marchiori | Chief Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digihost Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.
In summary, please note that there is a difference between Digihost Technology's value and its price, as these two are different measures arrived at by various 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.