Hive Blockchain Technologies Stock Analysis
| HIVE Stock | USD 3.97 0.01 0.25% |
HIVE Blockchain Technologies is undervalued with Real Value of 4.82 and Target Price of 6.25. The main objective of HIVE Blockchain stock analysis is to determine its intrinsic value, which is an estimate of what HIVE Blockchain Technologies is worth, separate from its market price. There are two main types of HIVE Blockchain's stock analysis: fundamental analysis and technical analysis.
The HIVE Blockchain stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and HIVE Blockchain's ongoing operational relationships across important fundamental and technical indicators.
HIVE |
HIVE Stock Analysis Notes
About 23.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.84. Some equities with similar Price to Book (P/B) outperform the market in the long run. HIVE Blockchain Tech recorded a loss per share of 0.13. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 24th of May 2022. HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. HIVE Blockchain Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada. Hive Blockchain operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 18 people. To learn more about HIVE Blockchain Technologies call Aydin Kilic at 604-664-1078 or check out https://hivedigitaltechnologies.com.HIVE Blockchain Quarterly Total Revenue |
|
HIVE Blockchain Tech Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. HIVE Blockchain's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding HIVE Blockchain Technologies or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| HIVE Blockchain Tech is way too risky over 90 days horizon | |
| HIVE Blockchain Tech appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 114.47 M. Net Loss for the year was (51.2 M) with profit before overhead, payroll, taxes, and interest of 163.93 M. | |
| HIVE Blockchain Tech has a poor financial position based on the latest SEC disclosures | |
| Latest headline from thelincolnianonline.com: HIVE Digital Technologies Shares Down 7.6 percent Whats Next |
HIVE Blockchain Tech Upcoming and Recent Events
| 19th of February 2024 Upcoming Quarterly Report | View | |
| 4th of July 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of July 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
HIVE Largest EPS Surprises
Earnings surprises can significantly impact HIVE 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.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-09-30 | 2021-06-30 | 0.06 | 0.04 | -0.02 | 33 | ||
2019-09-27 | 2019-06-30 | -0.04 | -0.02 | 0.02 | 50 | ||
2018-08-29 | 2018-06-30 | 0.01 | -0.01 | -0.02 | 200 |
HIVE Blockchain Environmental, Social, and Governance (ESG) Scores
HIVE Blockchain's ESG score is a quantitative measure that evaluates HIVE Blockchain's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of HIVE Blockchain's operations that may have significant financial implications and affect HIVE Blockchain's stock price as well as guide investors towards more socially responsible investments.
HIVE Stock Institutional Investors
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 | Blackrock Inc | 2024-06-30 | 465.2 K | Group One Trading, Lp | 2024-09-30 | 393.4 K | First Trust Advisors L.p. | 2024-09-30 | 342.2 K | Charles Schwab Investment Management Inc | 2024-09-30 | 325.2 K | Cubist Systematic Strategies, Llc | 2024-09-30 | 222.4 K | Federation Des Caisses Desjardins Du Quebec | 2024-09-30 | 172.2 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 162.8 K | Xtx Topco Ltd | 2024-09-30 | 147.9 K | Bank Of America Corp | 2024-09-30 | 131.1 K | Tidal Investments Llc. | 2024-09-30 | 4 M | Van Eck Associates Corporation | 2024-09-30 | 3.9 M |
HIVE Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 513.59 M.HIVE Profitablity
The company has Profit Margin (PM) of (0.12) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.92) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.92.| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.17) | (0.17) | |
| Return On Capital Employed | 0.07 | 0.07 | |
| Return On Assets | (0.17) | (0.17) | |
| Return On Equity | (0.20) | (0.21) |
Management Efficiency
HIVE Blockchain Tech has return on total asset (ROA) of (0.0847) % which means that it has lost $0.0847 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0736) %, meaning that it created substantial loss on money invested by shareholders. HIVE Blockchain's management efficiency ratios could be used to measure how well HIVE Blockchain manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.07, whereas Return On Tangible Assets are forecasted to decline to (0.17). At present, HIVE Blockchain's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 194.5 M, whereas Other Assets are forecasted to decline to 1.09.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.89 | 3.03 | |
| Net Current Asset Value | -3.5 M | -3.6 M | |
| Tangible Asset Value | -684.1 K | -718.3 K | |
| Tangible Book Value Per Share | 2.89 | 3.03 | |
| Enterprise Value Over EBITDA | 13.17 | 13.83 | |
| Price Book Value Ratio | 1.16 | 0.76 | |
| Enterprise Value Multiple | 13.17 | 13.83 | |
| Price Fair Value | 1.16 | 0.76 | |
| Enterprise Value | 322.6 M | 338.7 M |
The leadership approach at HIVE Blockchain's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Operating Margin (0.92) | Profit Margin (0.12) | Beta 4.24 | Return On Assets (0.08) | Return On Equity (0.07) |
Technical Drivers
As of the 12th of December 2024, HIVE Blockchain retains the risk adjusted performance of 0.0877, and Market Risk Adjusted Performance of 0.2018. HIVE Blockchain technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out HIVE Blockchain Tech information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if HIVE Blockchain is priced correctly, providing market reflects its last-minute price of 3.97 per share. Given that HIVE Blockchain Technologies has jensen alpha of 0.2509, we strongly advise you to confirm HIVE Blockchain Tech's regular market performance to make sure the company can sustain itself at some point in the future.HIVE Blockchain Tech Price Movement Analysis
The output start index for this execution was fourty-one with a total number of output elements of twenty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. HIVE Blockchain middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for HIVE Blockchain Tech. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
HIVE Blockchain Tech 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 HIVE Blockchain insiders, such as employees or executives, is commonly permitted as long as it does not rely on HIVE 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 HIVE 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.
Ritchie John over two weeks ago Disposition of 3675 shares by Ritchie John of HIVE Blockchain at 3.66 subject to Rule 16b-3 | ||
Ritchie John over a month ago Acquisition by Ritchie John of 4671 shares of HIVE Blockchain subject to Rule 16b-3 | ||
Lightspeed Venture Partners Vii, L.p. over two months ago Acquisition by Lightspeed Venture Partners Vii, L.p. of 19146 shares of HIVE Blockchain subject to Rule 16b-3 | ||
Ritchie John over three months ago Disposition of 1616 shares by Ritchie John of HIVE Blockchain at 5.09 subject to Rule 16b-3 | ||
Ritchie John over three months ago Disposition of 1616 shares by Ritchie John of HIVE Blockchain at 5.09 subject to Rule 16b-3 | ||
Christopher Schaepe over six months ago Acquisition by Christopher Schaepe of 19146 shares of HIVE Blockchain subject to Rule 16b-3 |
HIVE Blockchain Outstanding Bonds
HIVE 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. HIVE Blockchain Tech 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 HIVE bonds can be classified according to their maturity, which is the date when HIVE Blockchain Technologies 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 | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
HIVE Blockchain Predictive Daily Indicators
HIVE 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 HIVE 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 3.97 | |||
| Day Typical Price | 3.97 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
HIVE Blockchain Corporate Filings
6K | 10th of December 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 27th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 12th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 8th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 5th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
6K | 7th of October 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 3rd of October 2024 Other Reports | ViewVerify | |
| 30th of September 2024 Other Reports | ViewVerify |
HIVE Blockchain Forecast Models
HIVE Blockchain's time-series forecasting models are one of many HIVE Blockchain's stock analysis techniques aimed at predicting 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 HIVE Blockchain'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.About HIVE Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how HIVE Blockchain prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling HIVE shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as HIVE Blockchain. By using and applying HIVE Stock analysis, traders can create a robust methodology for identifying HIVE entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (0.39) | (0.41) | |
| Operating Profit Margin | 0.17 | 0.18 | |
| Net Loss | (0.45) | (0.47) | |
| Gross Profit Margin | 0.35 | 0.37 |
Current HIVE Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. HIVE analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. HIVE analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 6.25 | Strong Buy | 6 | Odds |
Most HIVE analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand HIVE stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of HIVE Blockchain Tech, talking to its executives and customers, or listening to HIVE conference calls.
HIVE Stock Analysis Indicators
HIVE Blockchain Technologies stock analysis indicators help investors evaluate how HIVE Blockchain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading HIVE Blockchain shares will generate the highest return on investment. By understating and applying HIVE Blockchain stock analysis, traders can identify HIVE Blockchain position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 4.4 M | |
| Long Term Debt | 12.4 M | |
| Common Stock Shares Outstanding | 90 M | |
| Total Stockholder Equity | 259.7 M | |
| Tax Provision | 6.2 M | |
| Quarterly Earnings Growth Y O Y | 2.217 | |
| Property Plant And Equipment Net | 103.8 M | |
| Cash And Short Term Investments | 16.7 M | |
| Cash | 9.7 M | |
| Accounts Payable | 7.5 M | |
| Net Debt | 21 M | |
| 50 Day M A | 3.8588 | |
| Total Current Liabilities | 27.4 M | |
| Other Operating Expenses | 94.5 M | |
| Non Current Assets Total | 122.4 M | |
| Forward Price Earnings | 84.7458 | |
| Non Currrent Assets Other | 18.5 M | |
| Stock Based Compensation | 7.2 M |
Complementary Tools for HIVE Stock analysis
When running HIVE Blockchain's price analysis, check to measure HIVE 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 HIVE Blockchain is operating at the current time. Most of HIVE Blockchain's value examination focuses on studying past and present price action to predict the probability of HIVE 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 HIVE Blockchain's price. Additionally, you may evaluate how the addition of HIVE Blockchain to your portfolios can decrease your overall portfolio volatility.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |