Is CleanSpark Stock a Good Investment?
CleanSpark Investment Advice | CLSK |
- Examine CleanSpark'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 CleanSpark's leadership team and their track record. Good management can help CleanSpark 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 CleanSpark's business and its evolving consumer preferences.
- Compare CleanSpark's performance and market position to its competitors. Analyze how CleanSpark is positioned in terms of product offerings, innovation, and market share.
- Check if CleanSpark pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about CleanSpark'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 CleanSpark 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 CleanSpark is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine CleanSpark Stock
Researching CleanSpark'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 42.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.9. Some equities with similar Price to Book (P/B) outperform the market in the long run. CleanSpark recorded a loss per share of 0.99. The entity last dividend was issued on the 21st of June 2021. The firm had 1:10 split on the 11th of December 2019.
To determine if CleanSpark 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 CleanSpark's research are outlined below:
| CleanSpark generated a negative expected return over the last 90 days | |
| CleanSpark has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 168.41 M. Net Loss for the year was (132.16 M) with profit before overhead, payroll, taxes, and interest of 90.29 M. | |
| CleanSpark currently holds about 3.48 M in cash with (30.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| CleanSpark has a frail financial position based on the latest SEC disclosures | |
| Latest headline from benzinga.com: Disposition of 5000 shares by Taylor Monnig of CleanSpark at 5.98 subject to Rule 16b-3 |
CleanSpark 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 CleanSpark. 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 CleanSpark'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.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 5th of December 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact CleanSpark'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 CleanSpark's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-09 | 2023-06-30 | -0.17 | -0.12 | 0.05 | 29 | ||
2023-02-09 | 2022-12-31 | -0.53 | -0.46 | 0.07 | 13 | ||
2023-05-10 | 2023-03-31 | -0.33 | -0.23 | 0.1 | 30 | ||
2022-05-10 | 2022-03-31 | 0.3 | 0.1934 | -0.1066 | 35 | ||
2020-12-17 | 2020-09-30 | -0.24 | -0.12 | 0.12 | 50 | ||
2024-08-09 | 2024-06-30 | -0.04 | -0.2 | -0.16 | 400 | ||
2024-02-08 | 2023-12-31 | -0.24 | -0.04 | 0.2 | 83 | ||
2021-02-12 | 2020-12-31 | -0.12 | -0.32 | -0.2 | 166 |
Know CleanSpark's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as CleanSpark is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CleanSpark backward and forwards among themselves. CleanSpark's institutional investor refers to the entity that pools money to purchase CleanSpark'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 | Goldman Sachs Group Inc | 2024-06-30 | 2 M | Jane Street Group Llc | 2024-06-30 | 1.9 M | Northern Trust Corp | 2024-06-30 | 1.8 M | Tidal Investments Llc. | 2024-06-30 | 1.7 M | Jpmorgan Chase & Co | 2024-06-30 | 1.5 M | Millennium Management Llc | 2024-06-30 | 1.3 M | Marshall Wace Asset Management Ltd | 2024-06-30 | 1.1 M | Vident Advisory, Llc | 2024-06-30 | 1.1 M | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 1.1 M | Blackrock Inc | 2024-06-30 | 18.1 M | Vanguard Group Inc | 2024-06-30 | 15.7 M |
CleanSpark's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.67 B.Market Cap |
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CleanSpark's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.16) | (0.17) | |
| Return On Capital Employed | (0.22) | (0.23) | |
| Return On Assets | (0.16) | (0.17) | |
| Return On Equity | (0.23) | (0.24) |
Determining CleanSpark's profitability involves analyzing its financial statements and using various financial metrics to determine if CleanSpark is a good buy. For example, gross profit margin measures CleanSpark'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 CleanSpark's profitability and make more informed investment decisions.
Evaluate CleanSpark's management efficiency
CleanSpark has return on total asset (ROA) of 0.022 % which means that it generated a profit of $0.022 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1525) %, meaning that it created substantial loss on money invested by shareholders. CleanSpark's management efficiency ratios could be used to measure how well CleanSpark manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to -0.17. The value of Return On Capital Employed is expected to slide to -0.23. Total Current Liabilities is expected to rise to about 89.4 M this year. Liabilities And Stockholders Equity is expected to rise to about 919.6 M this year| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 5.93 | 6.23 | |
| Tangible Book Value Per Share | 5.82 | 6.11 | |
| Enterprise Value Over EBITDA | (163.45) | (171.62) | |
| Price Book Value Ratio | 0.52 | 0.55 | |
| Enterprise Value Multiple | (163.45) | (171.62) | |
| Price Fair Value | 0.52 | 0.55 | |
| Enterprise Value | 341 M | 184.3 M |
Leadership at CleanSpark emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Beta 4.181 |
Basic technical analysis of CleanSpark Stock
As of the 4th of November, CleanSpark shows the risk adjusted performance of (0.03), and Mean Deviation of 4.41. CleanSpark 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.CleanSpark'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 CleanSpark insiders, such as employees or executives, is commonly permitted as long as it does not rely on CleanSpark'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 CleanSpark 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.
CleanSpark's Outstanding Corporate Bonds
CleanSpark 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. CleanSpark 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 CleanSpark bonds can be classified according to their maturity, which is the date when CleanSpark 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 | |
| US18453HAC07 Corp BondUS18453HAC07 | View | |
| Clear Channel Worldwide Corp BondUS18453HAA41 | View | |
| US18453HAD89 Corp BondUS18453HAD89 | View |
Understand CleanSpark's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing CleanSpark'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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 4.41 | |||
| Coefficient Of Variation | (1,817) | |||
| Standard Deviation | 5.77 | |||
| Variance | 33.31 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 26.0 | |||
| Value At Risk | (9.57) | |||
| Potential Upside | 10.38 | |||
| Skewness | 0.1671 | |||
| Kurtosis | 0.1643 |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 4.41 | |||
| Coefficient Of Variation | (1,817) | |||
| Standard Deviation | 5.77 | |||
| Variance | 33.31 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 26.0 | |||
| Value At Risk | (9.57) | |||
| Potential Upside | 10.38 | |||
| Skewness | 0.1671 | |||
| Kurtosis | 0.1643 |
Consider CleanSpark's intraday indicators
CleanSpark 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 CleanSpark 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.
CleanSpark Corporate Filings
13A | 4th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 1st of November 2024 Certification of the accuracy of the financial statements and disclosures | ViewVerify | |
8K | 31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 25th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
CleanSpark Stock media impact
Far too much social signal, news, headlines, and media speculation about CleanSpark that are available to investors today. That information is available publicly through CleanSpark media outlets and privately through word of mouth or via CleanSpark internal channels. However, regardless of the origin, that massive amount of CleanSpark 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 CleanSpark 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 CleanSpark 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 CleanSpark's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive CleanSpark alpha.
CleanSpark Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards CleanSpark 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.
CleanSpark Historical Investor Sentiment
Investor biases related to CleanSpark's public news can be used to forecast risks associated with an investment in CleanSpark. The trend in average sentiment can be used to explain how an investor holding CleanSpark can time the market purely based on public headlines and social activities around CleanSpark. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CleanSpark's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CleanSpark and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average CleanSpark news discussions. The higher the estimate score, the more favorable the investor's outlook on CleanSpark.
CleanSpark Corporate Management
| Rachel Silverstein | SVP Counsel | Profile | |
| Bernardo Schucman | VP Division | Profile | |
| Brian Carson | Chief Officer | Profile | |
| Gary CPA | Chief Officer | Profile | |
| Bradley Audiss | Senior Operations | Profile | |
| Scott Garrison | Senior Growth | Profile | |
| Owen Cadwalader | VP Operations | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanSpark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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 CleanSpark. If investors know CleanSpark 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 CleanSpark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.99) | Revenue Per Share 1.788 | Quarterly Revenue Growth 1.287 | Return On Assets 0.022 | Return On Equity (0.15) |
The market value of CleanSpark is measured differently than its book value, which is the value of CleanSpark that is recorded on the company's balance sheet. Investors also form their own opinion of CleanSpark's value that differs from its market value or its book value, called intrinsic value, which is CleanSpark'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 CleanSpark's market value can be influenced by many factors that don't directly affect CleanSpark'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 CleanSpark's value and its price, as these two are different measures arrived at by various means. Investors typically determine if CleanSpark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanSpark'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.