Ratings Bitfarms Ltd.

Equities

BITF

CA09173B1076

Market Closed - Toronto S.E. 21:00:00 28/06/2024 BST 5-day change 1st Jan Change
3.53 CAD -0.56% Intraday chart for Bitfarms Ltd. -12.84% -8.31%

Summary

  • On the basis of various fundamental qualitative criteria, the company appears to be particularly poorly ranked from a medium and long-term investment perspective.
  • From a short-term investment perspective, the company presents a deteriorated fundamental configuration.

Strengths

  • Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
  • Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
  • The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
  • Over the past twelve months, analysts' opinions have been strongly revised upwards.

Weaknesses

  • Low profitability weakens the company.
  • The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
  • For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
  • For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
  • Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

Ratings chart - Surperformance

Sector: Blockchain & Cryptocurrency

1st Jan change Capi. Investor Rating ESG Refinitiv
-8.31% 1.06B -
-15.50% 5.42B
D+
+44.61% 3.71B
C-
-22.32% 2.87B - -
-40.92% 2.64B
D+
+85.42% 1.49B -
+4.06% 1.41B - -
+12.37% 1.35B - -
-11.72% 827M -
-56.92% 766M - -
Investor Rating
Trading Rating
ESG Refinitiv
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Financials

Sales growth
Earnings Growth
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EBITDA / Sales
Profitability
Finances
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Valuation

P/E ratio
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EV / Sales
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Price to Book
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Price to Free Cash Flow
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Yield
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Momentum

1 year Revenue revision
4 months Revenue revision
7 days Revenue revision
1 year EPS revision
4 months EPS revision

Consensus

Analyst Opinion
Potential Price Target
4m Target Price Revision
4m Revision of opinion
12m Revision of opinion

Business Predictability

Analyst Coverage
Divergence of Estimates
Divergence of analysts' opinions
Divergence of Target Price
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Earnings quality

Technical analysis

ST Timing
MT Timing
LT Timing
RSI
Bollinger Spread
Unusual volumes