Is Stronghold Digital Stock a Good Investment?
Stronghold Digital Investment Advice | SDIG |
- Examine Stronghold Digital'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 Stronghold Digital's leadership team and their track record. Good management can help Stronghold Digital 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 Stronghold Digital's business and its evolving consumer preferences.
- Compare Stronghold Digital's performance and market position to its competitors. Analyze how Stronghold Digital is positioned in terms of product offerings, innovation, and market share.
- Check if Stronghold Digital pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Stronghold Digital'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 Stronghold Digital Mining 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 Stronghold Digital Mining is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Stronghold Digital Stock
Researching Stronghold Digital'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 31.0% of the company shares are owned by institutional investors. The book value of Stronghold Digital was at this time reported as 3.9. The company recorded a loss per share of 0.8. Stronghold Digital Mining had not issued any dividends in recent years. The entity had 1:10 split on the 16th of May 2023.
To determine if Stronghold Digital 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 Stronghold Digital's research are outlined below:
| Stronghold Digital had very high historical volatility over the last 90 days | |
| Stronghold Digital has high likelihood to experience some financial distress in the next 2 years | |
| Stronghold Digital Mining currently holds 48.98 B in liabilities with Debt to Equity (D/E) ratio of 0.86, which is about average as compared to similar companies. Stronghold Digital Mining has a current ratio of 0.48, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Stronghold Digital's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 74.97 M. Net Loss for the year was (71.4 M) with profit before overhead, payroll, taxes, and interest of 20.22 M. | |
| Stronghold Digital Mining currently holds about 16.72 M in cash with (7.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.69. | |
| Stronghold Digital has a frail financial position based on the latest SEC disclosures | |
| Latest headline from investing.com: Canaan secures new order for 5,000 Avalon Miners |
Stronghold Digital Quarterly Long Term Debt |
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Stronghold Digital 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 Stronghold Digital Mining. 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 Stronghold Digital'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.
| 3rd of April 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 3rd of April 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 Stronghold Digital'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 Stronghold Digital's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-08-16 | 2022-06-30 | -0.21 | -0.14 | 0.07 | 33 | ||
2023-03-29 | 2022-12-31 | -0.36 | -0.74 | -0.38 | 105 | ||
2024-03-06 | 2023-12-31 | -0.98 | -1.46 | -0.48 | 48 | ||
2022-11-09 | 2022-09-30 | -0.33 | -0.85 | -0.52 | 157 | ||
2022-03-29 | 2021-12-31 | 0.02 | -0.52 | -0.54 | 2700 | ||
2024-05-02 | 2024-03-31 | -0.22 | 0.35 | 0.57 | 259 | ||
2023-11-14 | 2023-09-30 | -0.95 | -1.55 | -0.6 | 63 | ||
2022-05-16 | 2022-03-31 | -0.05 | -0.66 | -0.61 | 1220 |
Know Stronghold Digital's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Stronghold Digital is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Stronghold Digital Mining backward and forwards among themselves. Stronghold Digital's institutional investor refers to the entity that pools money to purchase Stronghold Digital'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 | Bridgeway Capital Management, Llc | 2024-06-30 | 36.9 K | Xtx Topco Ltd | 2024-06-30 | 30.3 K | State Street Corp | 2024-06-30 | 25.9 K | Northern Trust Corp | 2024-09-30 | 24.5 K | Jane Street Group Llc | 2024-06-30 | 22.3 K | Millennium Management Llc | 2024-06-30 | 13.9 K | Western Wealth Management, Llc | 2024-06-30 | 13.8 K | Covestor Ltd | 2024-06-30 | 13.3 K | Simplex Trading, Llc | 2024-06-30 | 12.8 K | Armistice Capital, Llc | 2024-06-30 | 916 K | Vanguard Group Inc | 2024-09-30 | 508.8 K |
Stronghold Digital's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 76.41 M.Market Cap |
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Stronghold Digital's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.41) | (0.43) | |
| Return On Capital Employed | (0.45) | (0.43) | |
| Return On Assets | (0.41) | (0.43) | |
| Return On Equity | (1.12) | (1.06) |
Determining Stronghold Digital's profitability involves analyzing its financial statements and using various financial metrics to determine if Stronghold Digital is a good buy. For example, gross profit margin measures Stronghold Digital'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 Stronghold Digital's profitability and make more informed investment decisions.
Evaluate Stronghold Digital's management efficiency
Stronghold Digital Mining has return on total asset (ROA) of (0.1605) % which means that it has lost $0.1605 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.9493) %, meaning that it created substantial loss on money invested by shareholders. Stronghold Digital's management efficiency ratios could be used to measure how well Stronghold Digital 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 -0.43. The Stronghold Digital's current Return On Capital Employed is estimated to increase to -0.43. At this time, Stronghold Digital's Non Current Assets Total are most likely to increase significantly in the upcoming years. The Stronghold Digital's current Total Current Assets is estimated to increase to about 18.5 B, while Net Tangible Assets are projected to decrease to roughly 80.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 9.36 | 8.89 | |
| Tangible Book Value Per Share | 9.36 | 8.89 | |
| Enterprise Value Over EBITDA | (1.83) | (1.74) | |
| Price Book Value Ratio | 0.78 | 0.82 | |
| Enterprise Value Multiple | (1.83) | (1.74) | |
| Price Fair Value | 0.78 | 0.82 | |
| Enterprise Value | 103.3 M | 71.5 M |
The operational strategies employed by Stronghold Digital management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Beta 2.923 |
Basic technical analysis of Stronghold Stock
As of the 22nd of November, Stronghold Digital has the Risk Adjusted Performance of 0.0969, coefficient of variation of 861.08, and Semi Deviation of 4.96. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Stronghold Digital Mining, as well as the relationship between them. Please validate Stronghold Digital Mining information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Stronghold Digital is priced more or less accurately, providing market reflects its prevalent price of 4.9 per share. Given that Stronghold Digital Mining has jensen alpha of 0.9675, we advise you to double-check Stronghold Digital Mining's current market performance to make sure the company can sustain itself at a future point.Stronghold Digital'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 Stronghold Digital insiders, such as employees or executives, is commonly permitted as long as it does not rely on Stronghold Digital'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 Stronghold Digital 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.
Stronghold Digital's Outstanding Corporate Bonds
Stronghold Digital 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. Stronghold Digital Mining 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 Stronghold bonds can be classified according to their maturity, which is the date when Stronghold Digital Mining 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View |
Understand Stronghold Digital's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Stronghold Digital'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 | 0.0969 | |||
| Market Risk Adjusted Performance | 0.2924 | |||
| Mean Deviation | 6.28 | |||
| Semi Deviation | 4.96 | |||
| Downside Deviation | 5.65 | |||
| Coefficient Of Variation | 861.08 | |||
| Standard Deviation | 12.03 | |||
| Variance | 144.72 | |||
| Information Ratio | 0.1082 | |||
| Jensen Alpha | 0.9675 | |||
| Total Risk Alpha | 0.0231 | |||
| Sortino Ratio | 0.2302 | |||
| Treynor Ratio | 0.2824 | |||
| Maximum Drawdown | 100.97 | |||
| Value At Risk | (8.24) | |||
| Potential Upside | 14.48 | |||
| Downside Variance | 31.96 | |||
| Semi Variance | 24.59 | |||
| Expected Short fall | (8.44) | |||
| Skewness | 4.82 | |||
| Kurtosis | 31.69 |
| Risk Adjusted Performance | 0.0969 | |||
| Market Risk Adjusted Performance | 0.2924 | |||
| Mean Deviation | 6.28 | |||
| Semi Deviation | 4.96 | |||
| Downside Deviation | 5.65 | |||
| Coefficient Of Variation | 861.08 | |||
| Standard Deviation | 12.03 | |||
| Variance | 144.72 | |||
| Information Ratio | 0.1082 | |||
| Jensen Alpha | 0.9675 | |||
| Total Risk Alpha | 0.0231 | |||
| Sortino Ratio | 0.2302 | |||
| Treynor Ratio | 0.2824 | |||
| Maximum Drawdown | 100.97 | |||
| Value At Risk | (8.24) | |||
| Potential Upside | 14.48 | |||
| Downside Variance | 31.96 | |||
| Semi Variance | 24.59 | |||
| Expected Short fall | (8.44) | |||
| Skewness | 4.82 | |||
| Kurtosis | 31.69 |
Consider Stronghold Digital's intraday indicators
Stronghold Digital 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 Stronghold Digital 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 | 106537.0 | |||
| Daily Balance Of Power | (0.34) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 5.13 | |||
| Day Typical Price | 5.05 | |||
| Price Action Indicator | (0.35) | |||
| Period Momentum Indicator | (0.25) | |||
| Relative Strength Index | 59.49 |
Stronghold Digital Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 13th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 4th of November 2024 Other Reports | ViewVerify | |
F4 | 30th 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 |
Stronghold Stock media impact
Far too much social signal, news, headlines, and media speculation about Stronghold Digital that are available to investors today. That information is available publicly through Stronghold media outlets and privately through word of mouth or via Stronghold internal channels. However, regardless of the origin, that massive amount of Stronghold 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 Stronghold Digital 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 Stronghold Digital 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 Stronghold Digital's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Stronghold Digital alpha.
Stronghold Digital Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Stronghold Digital 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.
Stronghold Digital Corporate Management
| Robert Lovett | Vice Compliance | Profile | |
| Matthew Smith | CFO Director | Profile | |
| Richard Shaffer | Senior Management | Profile | |
| Ryan Weber | Chief Officer | Profile | |
| Charles Talcott | Director Operations | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stronghold Digital Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 Stronghold Digital. If investors know Stronghold 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 Stronghold Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.80) | Revenue Per Share 7.636 | Quarterly Revenue Growth 0.048 | Return On Assets (0.16) | Return On Equity (0.95) |
The market value of Stronghold Digital Mining is measured differently than its book value, which is the value of Stronghold that is recorded on the company's balance sheet. Investors also form their own opinion of Stronghold Digital's value that differs from its market value or its book value, called intrinsic value, which is Stronghold Digital'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 Stronghold Digital's market value can be influenced by many factors that don't directly affect Stronghold Digital'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 Stronghold Digital's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Stronghold Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stronghold Digital'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.