Hut 8 Corp.

NASDAQ: HUT · Real-Time Price · USD
15.28
-0.10 (-0.65%)
At close: May 30, 2025, 3:59 PM
15.10
-1.18%
After-hours: May 30, 2025, 05:56 PM EDT

Hut 8 Statistics

Share Statistics

Hut 8 has 104.22M shares outstanding. The number of shares has increased by 14.9% in one year.

Shares Outstanding 104.22M
Shares Change (YoY) 14.9%
Shares Change (QoQ) 10.86%
Owned by Institutions (%) 55.98%
Shares Floating n/a
Failed to Deliver (FTD) Shares 8,300
FTD / Avg. Volume 0.14%

Short Selling Information

The latest short interest is 14.6M, so 14.01% of the outstanding shares have been sold short.

Short Interest 14.6M
Short % of Shares Out 14.01%
Short % of Float 15.55%
Short Ratio (days to cover) 2

Valuation Ratios

The PE ratio is 5.89 and the forward PE ratio is -170.72. Hut 8's PEG ratio is 0.01.

PE Ratio 5.89
Forward PE -170.72
PS Ratio 2.91
Forward PS 1.2
PB Ratio 2
P/FCF Ratio -5.86
PEG Ratio 0.01
Financial Ratio History

Enterprise Valuation

Hut 8 has an Enterprise Value (EV) of 2.21B.

EV / Sales 3.3
EV / EBITDA 4.17
EV / EBIT -32.3
EV / FCF -6.65

Financial Position

The company has a current ratio of 1.67, with a Debt / Equity ratio of 0.35.

Current Ratio 1.67
Quick Ratio 1.67
Debt / Equity 0.35
Debt / EBITDA 0.65
Debt / FCF -1.04
Interest Coverage 15.46

Financial Efficiency

Return on Equity is 33.98% and Return on Invested Capital is 24%.

Return on Equity 33.98%
Return on Assets 21.85%
Return on Invested Capital 24%
Revenue Per Employee $3,025,774.77
Profits Per Employee $1,494,963.96
Employee Count 222
Asset Turnover 0.44
Inventory Turnover n/a

Taxes

Income Tax 113.46M
Effective Tax Rate 25.11%

Stock Price Statistics

The stock price has increased by 75.83% in the last 52 weeks. The beta is 4.56, so Hut 8's price volatility has been higher than the market average.

Beta 4.56
52-Week Price Change 75.83%
50-Day Moving Average 13.56
200-Day Moving Average 16.85
Relative Strength Index (RSI) 51.41
Average Volume (20 Days) 5,941,229

Income Statement

In the last 12 months, Hut 8 had revenue of 671.72M and earned 331.88M in profits. Earnings per share was 3.48.

Revenue 671.72M
Gross Profit 585.07M
Operating Income 460.54M
Net Income 331.88M
EBITDA 531.11M
EBIT 481.7M
Earnings Per Share (EPS) 3.48
Full Income Statement

Balance Sheet

The company has 85.04M in cash and 345.65M in debt, giving a net cash position of -260.61M.

Cash & Cash Equivalents 85.04M
Total Debt 345.65M
Net Cash -260.61M
Retained Earnings 231.63M
Total Assets 1.57B
Working Capital 55.91M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -68.53M and capital expenditures -264.6M, giving a free cash flow of -333.13M.

Operating Cash Flow -68.53M
Capital Expenditures -264.6M
Free Cash Flow -333.13M
FCF Per Share -3.49
Full Cash Flow Statement

Margins

Gross margin is 87.1%, with operating and profit margins of 68.56% and 49.41%.

Gross Margin 87.1%
Operating Margin 68.56%
Pretax Margin 67.28%
Profit Margin 49.41%
EBITDA Margin 79.07%
EBIT Margin 68.56%
FCF Margin -49.59%

Dividends & Yields

HUT does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Payout Ratio n/a
Earnings Yield 16.99%
FCF Yield -17.05%
Dividend Details

Analyst Forecast

The average price target for HUT is $25, which is 63.6% higher than the current price. The consensus rating is "Buy".

Price Target $25
Price Target Difference 63.6%
Analyst Consensus Buy
Analyst Count 13
Stock Forecasts

Stock Splits

The last stock split was on Dec 4, 2023. It was a backward split with a ratio of 1:5.

Last Split Date Dec 4, 2023
Split Type backward
Split Ratio 1:5

Scores

Altman Z-Score 2.18
Piotroski F-Score 2