Is Riot Blockchain Stock a Good Investment?
Riot Blockchain Investment Advice | RIOT |
- Examine Riot Blockchain'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 Riot Blockchain's leadership team and their track record. Good management can help Riot Blockchain navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Systems Software space and any emerging trends that could impact Riot Blockchain's business and its evolving consumer preferences.
- Compare Riot Blockchain's performance and market position to its competitors. Analyze how Riot Blockchain is positioned in terms of product offerings, innovation, and market share.
- Check if Riot Blockchain pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Riot Blockchain'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 Riot Blockchain 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 Riot Blockchain is a good investment.
Sell | Buy |
Hold
Market Performance | Good | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Riot Blockchain Stock
Researching Riot Blockchain'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 41.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.57. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Riot Blockchain last dividend was issued on the 12th of October 2017. The entity had 1:8 split on the 31st of March 2016.
To determine if Riot Blockchain 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 Riot Blockchain's research are outlined below:
| Riot Blockchain is way too risky over 90 days horizon | |
| Riot Blockchain appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 280.68 M. Net Loss for the year was (49.47 M) with profit before overhead, payroll, taxes, and interest of 65.47 M. | |
| Riot Blockchain has a frail financial position based on the latest SEC disclosures | |
| Latest headline from livebitcoinnews.com: Riot Platforms Boosts Bitcoin Holdings with 510 Million Purchase |
Riot Blockchain 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 Riot Blockchain. 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 Riot Blockchain'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.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th 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 Riot Blockchain'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 Riot Blockchain's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-09 | 2023-06-30 | -0.21 | -0.17 | 0.04 | 19 | ||
2020-11-09 | 2020-09-30 | -0.08 | -0.04 | 0.04 | 50 | ||
2023-11-07 | 2023-09-30 | -0.2 | -0.25 | -0.05 | 25 | ||
2019-11-12 | 2019-09-30 | -0.11 | -0.06 | 0.05 | 45 | ||
2020-05-08 | 2020-03-31 | -0.19 | -0.12 | 0.07 | 36 | ||
2021-08-23 | 2021-06-30 | 0.05 | 0.13 | 0.08 | 160 | ||
2020-08-10 | 2020-06-30 | -0.17 | -0.07 | 0.1 | 58 | ||
2021-05-17 | 2021-03-31 | 0.2 | 0.09 | -0.11 | 55 |
Know Riot Blockchain's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Riot Blockchain is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Riot Blockchain backward and forwards among themselves. Riot Blockchain's institutional investor refers to the entity that pools money to purchase Riot Blockchain'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 | Northern Trust Corp | 2024-09-30 | 2.4 M | Goldman Sachs Group Inc | 2024-09-30 | 2.4 M | Van Eck Associates Corporation | 2024-09-30 | 1.9 M | Bank Of America Corp | 2024-09-30 | 1.6 M | Tidal Investments Llc. | 2024-09-30 | 1.5 M | Mirae Asset Global Etfs Holdings Ltd. | 2024-09-30 | 1.2 M | Simplex Trading, Llc | 2024-09-30 | 1.1 M | Jpmorgan Chase & Co | 2024-09-30 | 1 M | Vident Advisory, Llc | 2024-09-30 | 938.2 K | Vanguard Group Inc | 2024-09-30 | 32.7 M | Blackrock Inc | 2024-06-30 | 21.5 M |
Riot Blockchain's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.66 B.Market Cap |
|
Riot Blockchain's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.02) | (0.03) | |
| Return On Capital Employed | (0.03) | (0.03) | |
| Return On Assets | (0.02) | (0.03) | |
| Return On Equity | (0.03) | (0.03) |
Determining Riot Blockchain's profitability involves analyzing its financial statements and using various financial metrics to determine if Riot Blockchain is a good buy. For example, gross profit margin measures Riot Blockchain'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 Riot Blockchain's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Riot Blockchain's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Riot Blockchain. Check Riot Blockchain's Beneish M Score to see the likelihood of Riot Blockchain's management manipulating its earnings.
Evaluate Riot Blockchain's management efficiency
Riot Blockchain has return on total asset (ROA) of (0.0179) % which means that it has lost $0.0179 on every $100 spent on assets. This is way below average. Riot Blockchain's management efficiency ratios could be used to measure how well Riot Blockchain manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.03 in 2024. Return On Capital Employed is likely to drop to -0.03 in 2024. At this time, Riot Blockchain's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 2.2 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 6.3 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 10.79 | 10.25 | |
| Tangible Book Value Per Share | 10.70 | 10.16 | |
| Enterprise Value Over EBITDA | (765.19) | (726.93) | |
| Price Book Value Ratio | 1.43 | 1.51 | |
| Enterprise Value Multiple | (765.19) | (726.93) | |
| Price Fair Value | 1.43 | 1.51 | |
| Enterprise Value | 2.1 B | 2.2 B |
The management team at Riot Blockchain has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Beta 4.083 |
Basic technical analysis of Riot Stock
As of the 17th of December 2024, Riot Blockchain holds the Semi Deviation of 4.78, risk adjusted performance of 0.1483, and Coefficient Of Variation of 517.67. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Riot Blockchain, as well as the relationship between them.Riot Blockchain'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 Riot Blockchain insiders, such as employees or executives, is commonly permitted as long as it does not rely on Riot Blockchain'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 Riot Blockchain 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.
Cho Hannah over three weeks ago Disposition of 882 shares by Cho Hannah of Riot Blockchain at 12.58 subject to Rule 16b-3 | ||
Jackman William Richard over a month ago Disposition of 57000 shares by Jackman William Richard of Riot Blockchain at 15.6784 subject to Rule 16b-3 | ||
Jason Les over six months ago Disposition of 797890 shares by Jason Les of Riot Blockchain at 9.75 subject to Rule 16b-3 | ||
Marleau Hubert over six months ago Disposition of 13930 shares by Marleau Hubert of Riot Blockchain at 9.99 subject to Rule 16b-3 | ||
Ryan Werner over a year ago Acquisition by Ryan Werner of 19714 shares of Riot Blockchain subject to Rule 16b-3 | ||
Soo Yi over a year ago Exercise or conversion by Soo Yi of 100000 shares of Riot Blockchain subject to Rule 16b-3 |
Riot Blockchain's Outstanding Corporate Bonds
Riot Blockchain 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. Riot Blockchain 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 Riot bonds can be classified according to their maturity, which is the date when Riot Blockchain 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.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| RIO TINTO FIN Corp BondUS767201AL06 | View | |
| RIOLN 275 02 NOV 51 Corp BondUS767201AT32 | View | |
| RIO TINTO FIN Corp BondUS767201AD89 | View | |
| RIO TINTO FIN Corp BondUS76720AAD81 | View | |
| RIO TINTO FIN Corp BondUS76720AAG13 | View | |
| RIOLN 5 09 MAR 33 Corp BondUS76720AAN63 | View | |
| RIOLN 5125 09 MAR 53 Corp BondUS76720AAP12 | View |
Understand Riot Blockchain's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Riot Blockchain'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 | 0.1483 | |||
| Market Risk Adjusted Performance | 0.2744 | |||
| Mean Deviation | 4.39 | |||
| Semi Deviation | 4.78 | |||
| Downside Deviation | 5.74 | |||
| Coefficient Of Variation | 517.67 | |||
| Standard Deviation | 6.21 | |||
| Variance | 38.55 | |||
| Information Ratio | 0.1794 | |||
| Jensen Alpha | 0.8506 | |||
| Total Risk Alpha | 0.5417 | |||
| Sortino Ratio | 0.1941 | |||
| Treynor Ratio | 0.2644 | |||
| Maximum Drawdown | 39.59 | |||
| Value At Risk | (7.38) | |||
| Potential Upside | 9.54 | |||
| Downside Variance | 32.95 | |||
| Semi Variance | 22.87 | |||
| Expected Short fall | (4.84) | |||
| Skewness | 0.7904 | |||
| Kurtosis | 3.69 |
| Risk Adjusted Performance | 0.1483 | |||
| Market Risk Adjusted Performance | 0.2744 | |||
| Mean Deviation | 4.39 | |||
| Semi Deviation | 4.78 | |||
| Downside Deviation | 5.74 | |||
| Coefficient Of Variation | 517.67 | |||
| Standard Deviation | 6.21 | |||
| Variance | 38.55 | |||
| Information Ratio | 0.1794 | |||
| Jensen Alpha | 0.8506 | |||
| Total Risk Alpha | 0.5417 | |||
| Sortino Ratio | 0.1941 | |||
| Treynor Ratio | 0.2644 | |||
| Maximum Drawdown | 39.59 | |||
| Value At Risk | (7.38) | |||
| Potential Upside | 9.54 | |||
| Downside Variance | 32.95 | |||
| Semi Variance | 22.87 | |||
| Expected Short fall | (4.84) | |||
| Skewness | 0.7904 | |||
| Kurtosis | 3.69 |
Consider Riot Blockchain's intraday indicators
Riot Blockchain 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 Riot Blockchain 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.
| Accumulation Distribution | 2.4 M | |||
| Daily Balance Of Power | (0.08) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 14.25 | |||
| Day Typical Price | 14.15 | |||
| Price Action Indicator | (0.32) | |||
| Period Momentum Indicator | (0.07) |
Riot Blockchain Corporate Filings
8K | 16th of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 12th of December 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 |
10Q | 4th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F3 | 23rd of September 2024 An amendment to the original Schedule 13D filing | ViewVerify |
Riot Stock media impact
Far too much social signal, news, headlines, and media speculation about Riot Blockchain that are available to investors today. That information is available publicly through Riot media outlets and privately through word of mouth or via Riot internal channels. However, regardless of the origin, that massive amount of Riot 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 Riot Blockchain 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 Riot Blockchain 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 Riot Blockchain's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Riot Blockchain alpha.
Riot Blockchain Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Riot Blockchain 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.
Riot Blockchain Historical Investor Sentiment
Investor biases related to Riot Blockchain's public news can be used to forecast risks associated with an investment in Riot. The trend in average sentiment can be used to explain how an investor holding Riot can time the market purely based on public headlines and social activities around Riot Blockchain. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Riot Blockchain's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Riot Blockchain and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Riot Blockchain news discussions. The higher the estimate score, the more favorable the investor's outlook on Riot Blockchain.
Riot Blockchain Corporate Management
| Philip McPherson | VP Relations | Profile | |
| Ashton Harris | Head Operations | Profile | |
| Colin Yee | Chief Officer | Profile | |
| Stephen Howell | Chief Officer | Profile | |
| Ryan Werner | Senior Officer | Profile | |
| Lyle Theriot | Head Construction | Profile |
Additional Tools for Riot Stock Analysis
When running Riot Blockchain's price analysis, check to measure Riot Blockchain'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 Riot Blockchain is operating at the current time. Most of Riot Blockchain's value examination focuses on studying past and present price action to predict the probability of Riot Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riot Blockchain's price. Additionally, you may evaluate how the addition of Riot Blockchain to your portfolios can decrease your overall portfolio volatility.