Hut 8 Corp. (HUT)
Hut 8 Statistics
Share Statistics
Hut 8 has 103.86M shares outstanding. The number of shares has increased by 14.9% in one year.
| Shares Outstanding | 103.86M |
| Shares Change (YoY) | 14.9% |
| Shares Change (QoQ) | 10.86% |
| Owned by Institutions (%) | 55.97% |
| Shares Floating | 92.16M |
| Failed to Deliver (FTD) Shares | 7.46K |
| FTD / Avg. Volume | 0.15% |
Short Selling Information
The latest short interest is 10.57M, so 11.28% of the outstanding shares have been sold short.
| Short Interest | 10.57M |
| Short % of Shares Out | 11.28% |
| Short % of Float | 12.67% |
| Short Ratio (days to cover) | 1.8 |
Valuation Ratios
The PE ratio is 41.57 and the forward PE ratio is 294.14. Hut 8's PEG ratio is -0.41.
| PE Ratio | 41.57 |
| Forward PE | 294.14 |
| PS Ratio | 8.36 |
| Forward PS | 1.7 |
| PB Ratio | 1.06 |
| P/FCF Ratio | -25.05 |
| PEG Ratio | -0.41 |
Enterprise Valuation
Hut 8 has an Enterprise Value (EV) of 911.85M.
| EV / Sales | 11.15 |
| EV / EBITDA | 672.91 |
| EV / EBIT | -34.43 |
| EV / FCF | -33.4 |
Financial Position
The company has a current ratio of 0.55, with a Debt / Equity ratio of 0.42.
| Current Ratio | 0.55 |
| Quick Ratio | 0.55 |
| Debt / Equity | 0.42 |
| Debt / EBITDA | 198.33 |
| Debt / FCF | -9.85 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 2.56% and Return on Invested Capital is -1.55%.
| Return on Equity | 2.56% |
| Return on Assets | 1.68% |
| Return on Invested Capital | -1.55% |
| Revenue Per Employee | $368.46K |
| Profits Per Employee | $74.1K |
| Employee Count | 222 |
| Asset Turnover | 0.08 |
| Inventory Turnover | 30.32M |
Taxes
| Income Tax | -568.22K |
| Effective Tax Rate | -7.27% |
Stock Price Statistics
The stock price has increased by 47.83% in the last 52 weeks. The beta is 4.19, so Hut 8's price volatility has been higher than the market average.
| Beta | 4.19 |
| 52-Week Price Change | 47.83% |
| 50-Day Moving Average | 15.58 |
| 200-Day Moving Average | 17.12 |
| Relative Strength Index (RSI) | 45.99 |
| Average Volume (20 Days) | 4.9M |
Income Statement
In the last 12 months, Hut 8 had revenue of 81.8M and earned 16.45M in profits. Earnings per share was 0.16.
| Revenue | 81.8M |
| Gross Profit | 21.17M |
| Operating Income | -13.26M |
| Net Income | 16.45M |
| EBITDA | 1.36M |
| EBIT | n/a |
| Earnings Per Share (EPS) | 0.16 |
Balance Sheet
The company has 40.82M in cash and 268.75M in debt, giving a net cash position of -227.93M.
| Cash & Cash Equivalents | 40.82M |
| Total Debt | 268.75M |
| Net Cash | -227.93M |
| Retained Earnings | -132.19M |
| Total Assets | 1.49B |
| Working Capital | 107.92M |
Cash Flow
In the last 12 months, operating cash flow was -26.48M and capital expenditures -815.21K, giving a free cash flow of -27.3M.
| Operating Cash Flow | -26.48M |
| Capital Expenditures | -815.21K |
| Free Cash Flow | -27.3M |
| FCF Per Share | -0.53 |
Margins
Gross margin is 25.88%, with operating and profit margins of -16.21% and 20.11%.
| Gross Margin | 25.88% |
| Operating Margin | -16.21% |
| Pretax Margin | 9.55% |
| Profit Margin | 20.11% |
| EBITDA Margin | 1.66% |
| EBIT Margin | -16.21% |
| FCF Margin | -33.37% |
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 | 2.41% |
| FCF Yield | -3.99% |
Analyst Forecast
The average price target for HUT is $32, which is 153.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $32 |
| Price Target Difference | 153.8% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
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 | 1.49 |
| Piotroski F-Score | 4 |