Financhill
Sell
45

HUT Quote, Financials, Valuation and Earnings

Last price:
$22.31
Seasonality move :
24.43%
Day range:
$22.12 - $24.17
52-week range:
$6.18 - $31.95
Dividend yield:
0%
P/E ratio:
11.50x
P/S ratio:
5.81x
P/B ratio:
2.97x
Volume:
4.6M
Avg. volume:
7.9M
1-year change:
23.14%
Market cap:
$2.1B
Revenue:
$93.2M
EPS (TTM):
$1.94

Analysts' Opinion

  • Consensus Rating
    Hut 8 has received a consensus rating of Buy. The company's average rating is a Buy based on 4 Buy ratings, 0 Hold ratings, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $33.63, Hut 8 has an estimated upside of 50.65% from its current price of $22.32.
  • Price Target Downside
    According to analysts, the lowest downside price target is $28.00 representing 100% downside risk from its current price of $22.32.

Fair Value

  • According to the consensus of 4 analysts, Hut 8 has 50.65% upside to fair value with a price target of $33.63 per share.

HUT vs. S&P 500

  • Over the past 5 trading days, Hut 8 has underperformed the S&P 500 by -6.85% suggesting its relative strength compared to the major market average is weak at this time.

Share Buyback

  • Hut 8 does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Hut 8 has grown year-over-year revenues for 1 quarter straight. In the most recent quarter Hut 8 reported revenues of $42.2M.

Earnings Growth

  • Hut 8 has grown year-over-year earnings for 0 quarters straight. In the most recent quarter Hut 8 reported earnings per share of $0.01.
Enterprise value:
2.3B
EV / Invested capital:
2.30x
Price / LTM sales:
5.81x
EV / EBIT:
10.88x
EV / Revenue:
6.56x
PEG ratio (5yr expected):
--
EV / Free cash flow:
-18.89x
Price / Operating cash flow:
--
Enterprise value / EBITDA:
9.20x
Gross Profit (TTM):
$276M
Return On Assets:
24.66%
Net Income Margin (TTM):
49.5%
Return On Equity:
40.35%
Return On Invested Capital:
26.81%
Operating Margin:
-4.77%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Income Statement
Revenue $109.6M $73.9M $354.1M $22.2M $42.2M
Gross Profit $67.1M $37.4M $276M $10.4M $24.6M
Operating Income $15.4M -$7.5M $178M $53K -$2M
EBITDA $1.5M -$22.9M $252.4M $5.9M $20.2M
Diluted EPS -$0.36 -$0.78 $1.94 -$0.05 $0.01
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Balance Sheet
Current Assets -- -- $37.6M $22.4M $110.3M
Total Assets -- -- $251.6M $179.1M $1.1B
Current Liabilities -- -- $126.4M $11.3M $110.5M
Total Liabilities -- -- $161.7M $155.8M $386.7M
Total Equity -- -- $89.9M $23.3M $712.5M
Total Debt -- -- $136.5M $141.8M $297.3M
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Cash Flow Statement
Cash Flow Operations -$46.7M -$19.8M -$44.7M $2.2M -$4.2M
Cash From Investing -$88.5M $34.6M -$45.4M $15.3M -$95.7M
Cash From Financing $124.7M -$23.4M $134.5M -$15.1M -$3.3M
Free Cash Flow -$76.4M -$22.1M -$123M $2M -$65.2M
HUT
Sector
Market Cap
$2.1B
$123.7M
Price % of 52-Week High
69.86%
68.85%
Dividend Yield
0%
0%
Shareholder Yield
-2.51%
1%
1-Year Price Total Return
23.15%
-7.9%
Beta (5-Year)
3.544
0.944
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years

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Technicals

8-day SMA
Sell
Level $24.42
200-day SMA
Buy
Level $14.07
Bollinger Bands (100)
Buy
Level 10.35 - 23.47
Chaikin Money Flow
Sell
Level -333.5M
20-day SMA
Sell
Level $26.13
Relative Strength Index (RSI14)
Sell
Level 44.05
ADX Line
Sell
Level 28.51
Williams %R
Buy
Level -92.2277
50-day SMA
Sell
Level $22.48
MACD (12, 26)
Buy
Level 0.06
25-day Aroon Oscillator
Sell
Level -44
On Balance Volume
Neutral
Level 206.6M

Financial Scores

Hold
Altman Z-Score (Annual)
Level (2.744)
Buy
CA Score (Annual)
Level (0.0269)
Buy
Beneish M-Score (Annual)
Level (-4.091)
Buy
Momentum Score
Level (9)
Buy
Ohlson Score
Level (-6.1013)
Buy
Piotroski F Score (Annual)
Level (5)
Buy
Quality Ratio Score
Level (6)
Sell
Fundamental Score
Level (2)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Hut 8 Corp is engaged in the mining of digital assets with an operational focus on utilizing specialized equipment to solve complex computational problems to validate transactions on the Bitcoin blockchain and receiving Bitcoin in return for successful services. The company has four reportable business segments: Digital Assets Mining, Managed Services, High Performance Computing -Colocation and Cloud, and Other. It derives maximum revenue from Digital Assets Mining segment.

Stock Forecast FAQ

In the current month, HUT has received 4 Buy ratings 0 Hold ratings, and 0 Sell ratings. The HUT average analyst price target in the past 3 months is $33.63.

  • Where Will Hut 8 Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Hut 8 share price will rise to $33.63 per share over the next 12 months.

  • What Do Analysts Say About Hut 8?

    Analysts are divided on their view about Hut 8 share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Hut 8 is a Sell and believe this share price will drop from its current level to $28.00.

  • What Is Hut 8's Price Target?

    The price target for Hut 8 over the next 1-year time period is forecast to be $33.63 according to 4 Wall Street analysts, 4 of them rate the stock a Buy, 0 rate the stock a Sell, and 0 analysts rate the stock a Hold.

  • Is HUT A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Hut 8 is a Buy. 4 of 4 analysts rate the stock a Buy at this time.

  • How Can I Buy Shares Of HUT?

    You can purchase shares of Hut 8 via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Hut 8 shares.

  • What Is The Hut 8 Share Price Today?

    Hut 8 was last trading at $22.31 per share. This represents the most recent stock quote for Hut 8. Yesterday, Hut 8 closed at $22.32 per share.

  • How To Buy Hut 8 Stock Online?

    In order to purchase Hut 8 stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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