Is Applied Blockchain Stock a Good Investment?
Applied Blockchain Investment Advice | APLD |
- Examine Applied Blockchain's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Applied Blockchain's leadership team and their track record. Good management can help Applied Blockchain navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Applied Blockchain's business and its evolving consumer preferences.
- Compare Applied Blockchain's performance and market position to its competitors. Analyze how Applied Blockchain is positioned in terms of product offerings, innovation, and market share.
- Check if Applied Blockchain pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Applied Blockchain's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Applied Blockchain stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Applied Blockchain is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Good | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Applied Blockchain Stock
Researching Applied Blockchain's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 20.0% of the company shares are held by company insiders. The company recorded a loss per share of 1.23. Applied Blockchain had not issued any dividends in recent years. The entity had 1:6 split on the 13th of April 2022.
To determine if Applied Blockchain is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Applied Blockchain's research are outlined below:
| Applied Blockchain is way too risky over 90 days horizon | |
| Applied Blockchain appears to be risky and price may revert if volatility continues | |
| Applied Blockchain currently holds 427.81 M in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. Applied Blockchain has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Applied Blockchain's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 165.57 M. Net Loss for the year was (149.27 M) with loss before overhead, payroll, taxes, and interest of (957 K). | |
| About 64.0% of Applied Blockchain shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Applied Digital Corp Shares Gap Down to 10.21 on Nov 26 |
Applied Blockchain Quarterly Accounts Payable |
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Applied Blockchain uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Applied Blockchain. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Applied Blockchain's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 22nd of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 22nd of July 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of May 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Applied 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. Below are the table of largest EPS Surprises Applied Blockchain's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-07-24 | 2023-05-31 | -0.04 | -0.07 | -0.03 | 75 | ||
2023-04-06 | 2023-02-28 | -0.05 | -0.08 | -0.03 | 60 | ||
2023-10-09 | 2023-08-31 | -0.04 | -0.1 | -0.06 | 150 | ||
2022-10-11 | 2022-08-31 | -0.1 | -0.04 | 0.06 | 60 | ||
2022-08-25 | 2022-05-31 | -0.13 | -0.04 | 0.09 | 69 | ||
2024-01-16 | 2023-11-30 | 0.01 | -0.1 | -0.11 | 1100 | ||
2024-10-09 | 2024-08-31 | -0.29 | -0.15 | 0.14 | 48 | ||
2024-04-11 | 2024-02-29 | -0.1 | -0.32 | -0.22 | 220 |
Know Applied Blockchain's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Applied Blockchain is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Applied Blockchain backward and forwards among themselves. Applied Blockchain's institutional investor refers to the entity that pools money to purchase Applied Blockchain's securities or originate loans. 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 | Plustick Management Llc | 2024-09-30 | 2 M | Ing Investment Management Llc | 2024-06-30 | 1.9 M | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 1.9 M | Pertento Partners Llp | 2024-09-30 | 1.7 M | Jane Street Group Llc | 2024-06-30 | 1.7 M | B. Riley Asset Management, Llc | 2024-06-30 | 1.6 M | Think Investments Lp | 2024-09-30 | 1.6 M | Findell Capital Management Llc | 2024-09-30 | 1.4 M | Cowbird Capital Lp | 2024-06-30 | 1.4 M | Hood River Capital Management Llc | 2024-09-30 | 13.7 M | Clearfield Capital Management Lp | 2024-09-30 | 12.1 M |
Applied Blockchain's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.04 B.Market Cap |
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Applied Blockchain's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.20) | (8.06) | |
| Return On Capital Employed | (0.26) | 7.84 | |
| Return On Assets | (0.20) | (8.06) | |
| Return On Equity | (1.20) | 7.84 |
Determining Applied Blockchain's profitability involves analyzing its financial statements and using various financial metrics to determine if Applied Blockchain is a good buy. For example, gross profit margin measures Applied Blockchain's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Applied Blockchain's profitability and make more informed investment decisions.
Please note, the presentation of Applied Blockchain's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Applied Blockchain's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Applied Blockchain's management manipulating its earnings.
Evaluate Applied Blockchain's management efficiency
Applied Blockchain has return on total asset (ROA) of (0.0883) % which means that it has lost $0.0883 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6686) %, meaning that it created substantial loss on money invested by shareholders. Applied Blockchain's management efficiency ratios could be used to measure how well Applied Blockchain manages its routine affairs as well as how well it operates its assets and liabilities. At present, Applied Blockchain's Return On Equity is projected to increase slightly based on the last few years of reporting. At present, Applied Blockchain's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 24.2 M, whereas Intangible Assets are forecasted to decline to about 74.5 K.| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | (20.91) | (19.47) | |
| Price Book Value Ratio | 3.87 | (5,823) | |
| Enterprise Value Multiple | (20.91) | (19.47) | |
| Price Fair Value | 3.87 | (5,823) | |
| Enterprise Value | 906.9 M | 14.8 M |
The decision-making processes within Applied Blockchain are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Beta 4.517 |
Basic technical analysis of Applied Stock
As of the 29th of November, Applied Blockchain shows the Mean Deviation of 7.37, downside deviation of 6.68, and Risk Adjusted Performance of 0.1165. Applied Blockchain technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Applied Blockchain maximum drawdown, and the relationship between the information ratio and downside variance to decide if Applied Blockchain is priced correctly, providing market reflects its regular price of 9.66 per share. Given that Applied Blockchain has jensen alpha of 1.32, we suggest you to validate Applied Blockchain's prevailing market performance to make sure the company can sustain itself at a future point.Applied Blockchain's 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 Applied Blockchain insiders, such as employees or executives, is commonly permitted as long as it does not rely on Applied 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 Applied 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.
Applied Blockchain's Outstanding Corporate Bonds
Applied 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. Applied Blockchain 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 Applied bonds can be classified according to their maturity, which is the date when Applied Blockchain 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.
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Applied Blockchain's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Applied Blockchain's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1165 | |||
| Market Risk Adjusted Performance | 0.5913 | |||
| Mean Deviation | 7.37 | |||
| Semi Deviation | 6.0 | |||
| Downside Deviation | 6.68 | |||
| Coefficient Of Variation | 715.34 | |||
| Standard Deviation | 11.85 | |||
| Variance | 140.46 | |||
| Information Ratio | 0.1292 | |||
| Jensen Alpha | 1.32 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.2291 | |||
| Treynor Ratio | 0.5813 | |||
| Maximum Drawdown | 81.01 | |||
| Value At Risk | (8.85) | |||
| Potential Upside | 11.3 | |||
| Downside Variance | 44.69 | |||
| Semi Variance | 36.03 | |||
| Expected Short fall | (9.11) | |||
| Skewness | 3.14 | |||
| Kurtosis | 14.54 |
| Risk Adjusted Performance | 0.1165 | |||
| Market Risk Adjusted Performance | 0.5913 | |||
| Mean Deviation | 7.37 | |||
| Semi Deviation | 6.0 | |||
| Downside Deviation | 6.68 | |||
| Coefficient Of Variation | 715.34 | |||
| Standard Deviation | 11.85 | |||
| Variance | 140.46 | |||
| Information Ratio | 0.1292 | |||
| Jensen Alpha | 1.32 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.2291 | |||
| Treynor Ratio | 0.5813 | |||
| Maximum Drawdown | 81.01 | |||
| Value At Risk | (8.85) | |||
| Potential Upside | 11.3 | |||
| Downside Variance | 44.69 | |||
| Semi Variance | 36.03 | |||
| Expected Short fall | (9.11) | |||
| Skewness | 3.14 | |||
| Kurtosis | 14.54 |
Consider Applied Blockchain's intraday indicators
Applied 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 Applied 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.
Applied Blockchain Corporate Filings
| 27th of November 2024 Other Reports | ViewVerify | |
| 26th of November 2024 Other Reports | ViewVerify | |
| 22nd of November 2024 Other Reports | ViewVerify | |
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Applied Stock media impact
Far too much social signal, news, headlines, and media speculation about Applied Blockchain that are available to investors today. That information is available publicly through Applied media outlets and privately through word of mouth or via Applied internal channels. However, regardless of the origin, that massive amount of Applied data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Applied Blockchain news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Applied Blockchain relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Applied Blockchain's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Applied Blockchain alpha.
Applied Blockchain Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Applied Blockchain can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Applied Blockchain Corporate Management
| Brad Barton | EVP Development | Profile | |
| Regina Ingel | Chief Officer | Profile | |
| Michael Maniscalco | Ex Technology | Profile | |
| David Rench | Chief Officer | Profile | |
| Chris Jackson | Senior Operations | Profile | |
| Nick Phillips | Executive Acquisitions | Profile | |
| Saidal Mohmand | Ex Fin | Profile |
Already Invested in Applied Blockchain?
The danger of trading Applied Blockchain is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Applied Blockchain is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Applied Blockchain. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Applied Blockchain is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Applied Blockchain is a strong investment it is important to analyze Applied Blockchain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Applied Blockchain's future performance. For an informed investment choice regarding Applied Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Blockchain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Applied Stock refer to our How to Trade Applied Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Applied Blockchain. If investors know Applied will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Applied Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.23) | Revenue Per Share 1.505 | Quarterly Revenue Growth 0.671 | Return On Assets (0.09) | Return On Equity (0.67) |
The market value of Applied Blockchain is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Applied Blockchain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Applied Blockchain's market value can be influenced by many factors that don't directly affect Applied Blockchain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Applied Blockchain's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Applied Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied Blockchain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.